Pennylane

Unify financial operations and accounting to automate routine work, improve cash-flow visibility, and help businesses and accountants collaborate using shared, current data.

Turn client financial data into clear analyses that help accounting firms spot opportunities and provide timely, actionable advice.

Help accounting firms expand client services while keeping clients’ accounting up to date with their financial operations.

Centralize client interactions, organize prospect development, and spot opportunities while offering clients a modern portal.

Pennylane financial management platform

Pennylane is an integrated financial and accounting platform for businesses and accounting firms. It brings together invoicing, bookkeeping, expense and purchase management, business banking, payments, cash-flow planning, electronic invoicing, accounting production, tax tasks, firm administration, and accountant collaboration. The platform collects and processes financial documents and transactions, supports reporting and period closing, and provides shared, up-to-date financial data. Its AI tools assist with financial workflows, while enabled automations remain subject to team oversight. Integrations connect Pennylane with banks and other business tools.

Category: Accounting Software

• Manage Accounting Production Through Closing
  Coordinate accounting production in one workflow, from collecting and matching records to preparing closing documents and accounting outputs.
• Monitor And Forecast Cash Flow
  Use current balances, transactions, expected invoice payments, and planned spending to review liquidity and anticipate potential cash-flow gaps.
• Collaborate On Shared Financial Data
  Keep businesses and accountants working from the same up-to-date information, with documents and communication available in one shared platform.
• Collect Accounting Documents In One Place
  Bring receipts, invoices, bank data, and information from connected tools into the accounting workflow, reducing the need to gather records across separate sources.
• Extract Document Data Automatically
  Capture key information from documents and prepare suggested entries, helping reduce manual data entry in bookkeeping workflows.
• Automate Bookkeeping And Reconciliation
  Reduce manual processing by categorizing transactions, matching them with invoices and supporting documents, and preparing accounting entries for review or enabled automation.
• Prepare Tax Declarations In The Platform
  Manage supported tax declarations alongside accounting records as part of the accounting production workflow.
• Create Invoices And Track Payments
  Manage customer billing from document creation through payment tracking, with current statuses, payment matching, and reminders for overdue amounts.
• Issue And Track Compliant E-Invoices
  Handle electronic invoice creation, exchange, receipt, archiving, and status tracking through the registered platform, with e-reporting and connected accounting workflows.
• Connect Banking With Financial Workflows
  Bring account activity into the financial workspace so transactions and balances can be viewed, matched with documents, and used in accounting and cash-flow planning.
• Manage Supplier Payments And Customer Collections
  Handle outgoing supplier payments and offer customers multiple payment channels within connected financial workflows.
• Manage Expenses And Purchases In One Place
  Collect and categorize purchase documents, route expenses for approval, manage employee claims, and review spending against budgets.
• Match Receipts With Transactions
  Keep purchase evidence connected to payment records and identify missing documentation for follow-up.
• Model And Compare Cash-Flow Scenarios
  Test assumptions and planned activity, compare their potential effects on liquidity, and review differences between actual results and projections.
• Automate And Supervise Financial Workflows
  Enable selected recurring processes, monitor their activity centrally, and retain oversight of results and exceptions.
• Analyze And Export Financial Reports
  Review business results and spending through accounting and financial outputs that can be shared or exported.
• Control Team Spending With Configurable Cards
  Equip employees with payment cards while setting limits and usage rules, monitoring transactions, and responding to missing receipts or out-of-policy spending.
• Customize And Analyze Treasury Views
  Adjust the displayed accounts, periods, categories, and invoice statuses to focus on relevant cash-flow information and spending patterns.
• Manage Accounting Firm Operations
  Handle client records and internal practice-management workflows, including time tracking, service invoicing, and profitability monitoring.
• Review AI Assistance And Financial Answers
  Use AI to support financial workflows and query accessible Pennylane data while retaining the ability to review and validate suggested results.
• Detect Financial Anomalies
  Identify potential discrepancies and duplicate records earlier in financial workflows.
• Protect Financial Data And Access
  Support protection of financial information through stated certification, encryption, access controls, backups, two-factor authentication, and data-hosting and processing policies.
• Protect Account Access And Payments
  Use the stated account safeguards, including two-factor authentication, 3D Secure checks, and fraud prevention.
• Connect Business Tools And Synchronize Data
  Link Pennylane with banks and other business applications to bring data into connected financial workflows.
• Connect Read-Only AI Assistants
  Query authorized Pennylane financial data through compatible external assistants while keeping the connection read-only.
• Connect And Host The Approved Platform
  Use the open API to facilitate integrations; the stated hosting arrangement uses 3DS Outscale infrastructure in France with SecNumCloud 3.2 qualification.

Pennylane Insights

Pennylane Insights helps accounting firms turn financial data into clear management analyses. It helps them detect opportunities and action levers across client files and provides information to support proactive, actionable advice to clients.

• Clarify Financial Data
  Turn financial data into clear management analyses that accounting firms can use to understand and guide client files.
• Identify Client Opportunities And Actions
  Surface opportunities and potential action levers within client files, helping accounting firms identify areas for attention or discussion.
• Deliver Proactive Advice
  Give accounting firms insights they can use to advise clients proactively and recommend actionable next steps.

Pennylane Services financiers

Pennylane Services financiers enables accounting firms to offer clients financial services, from capital deposits to a professional account, with payment cards and payment terminals. The professional account is natively integrated with accounting, so clients’ accounting data advances in real time as they complete transactions.

• Integrate Accounts With Accounting
  Offer clients a professional account integrated natively with accounting, so accounting keeps pace with their financial operations.
• Keep Accounting Up To Date
  Clients’ accounting advances in real time as they carry out financial transactions, connecting the financial-services offering with accounting activity.
• Offer Capital Deposit Services
  Provide clients with a capital-deposit service through Pennylane’s financial-services offering.
• Provide Client Payment Options
  Extend the financial services available to clients with payment cards and payment terminals.

Pennylane CRM & Portail

Pennylane CRM & Portail helps accounting firms centralize client exchanges and structure business development. It supports prospect management, helps identify opportunities from client needs, and gives clients access to a modern portal.

Category: CRM Software

• Centralize Client Exchanges
  Bring client exchanges together in one place to support structured collaboration between the firm and its clients.
• Offer A Modern Client Portal
  Give clients access to a modern portal, providing a dedicated space for interactions with the accounting firm.
• Identify Client Opportunities
  Help the firm detect potential opportunities among its clients and anticipate their needs.
• Organize Prospect Development
  Structure commercial development by managing prospects and organizing the firm's business-development activity.