Name: Circler.io
Brand: circler.io
Availability: InStock

Circler.io Simplify Your Ticket Brokerage Accounting — Know Your Profits in Real Time

What is Circler.io?

Circler.io addresses the unique accounting challenges faced by ticket brokers dealing with high transaction volumes and expiring inventory. Traditional manual bookkeeping methods, often involving extensive spreadsheet work and time-consuming reconciliations of bank statements and ticket management exports, can lead to delays in profit visibility and potential missed opportunities. Standard accounting systems may only capture partial data, requiring manual intervention and increasing the risk of inaccuracies.

This platform offers a purpose-built solution tailored specifically for the ticket brokerage industry. It simplifies bookkeeping through features like email-based transaction processing, where forwarding purchase and sales confirmation emails automatically updates accounting records and provides real-time profit insights. Circler.io facilitates purchase reconciliation by allowing users to import transaction data from ticket management platforms and automatically match it with bank activity, reducing errors and saving time. Its double-sided data capture system logs both bank import details and email processing information, ensuring precise profit tracking.

Features

Email-Based Booking: Automatic transaction processing via email forwarding.
Real-Time Profit Insights: Instantly updated accounting records for daily profit tracking.
Purchase Reconciliation: Seamless CSV upload and automatic matching of transactions to bank activity.
Double-Sided Data Capture: Records both bank import and email processing details for precise tracking.
Bank Connection: Connect banks for easy transaction categorization and reconciliation.
Automated Receipts Processing: OCR technology for scanning receipts (Pro plan).
Invoicing: Create and manage customer invoices (Pro plan).
AI Bookkeeper Chats: AI assistance for bookkeeping questions (Pro plan).
Financial Reports: Generate standard financial reports and export data to Excel.

Use Cases

Automating bookkeeping for high-volume ticket brokers.
Gaining real-time visibility into daily profits from ticket sales.
Simplifying bank and purchase reconciliation processes for ticket resellers.
Reducing errors in manual accounting for ticket inventory.
Streamlining financial reporting for ticket brokerage businesses.
Managing expiring ticket inventory effectively through timely profit data.

FAQs

What specific problems does Circler.io solve for ticket brokers?

It addresses challenges like handling high transaction volumes, time-consuming manual reconciliations, delayed profit visibility, and inaccuracies from one-sided accounting systems.
How does Circler.io process transactions?

Users forward ticket purchase and sales confirmation emails, and the system automatically records details and updates accounting records in real-time.
Can Circler.io connect to my bank?

Yes, the software offers bank connection features for easy categorization and reconciliation.
Is there a free version of Circler.io?

Yes, there is a Free plan suitable for freelancers starting out, offering basic features like bank connection and financial reporting.
What features are included in the Pro plan?

The Pro plan includes automated receipt scanning (OCR), invoicing, bank reconciliation, AI bookkeeper chats, and unlimited secured storage, in addition to the features offered in the Free plan.