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Monthly Updates

Welcome to Financial Reporting, Reimagined

In the world of business finance, we know that quick, data-driven, and easy-to-understand reports are not just a matter of convenience, but a critical requirementβ€”so we’ve focused these last few weeks on pushing the bounds of what's possible.

Our most recent upgrades to Digits make reports far faster to create, easier to customize, and even smarter!

πŸš€ Unmatched Speed with Digits Reports

Gone are the days of crucial financial insights taking weeks to arrive. Thanks to a brand new technical architecture, Digits reports are faster than ever and now load in mere milliseconds. Imagine this - you're on the elevator up to an investor meeting and you generate a complete, data-rich report in the time it takes to ride up just one floor. This level of speed is about efficiency blended with real-time business decision-making and instant sharing of data-driven insights when you need them most.

Speed of Digits Report Creation

πŸ’¬ One-Click Annotations

In the high-stakes, collaborative world of business finance, we know the value of a well-placed comment. With our new one-click annotation feature, adding notes to your reports is as seamless as a hover and a click. Share your thoughts, make key observations, tag your colleagues, add hyperlinks, or simply jot down important points right on the relevant part of the report.

commenting on a report

πŸ” Data Exploration Unlocked

To unlock true business potential, it’s crucial to keep exploring – to keep asking questions and finding answers in the depths of your data. Powered by our advanced AI, hover-to-discover allows you to dive deeper into your data, unmasking trends beneath layers of transactions, and empowering you with an improved understanding of the dynamics within your business.

Hover to discover on Digits Reports

πŸ“Š Instant Trend Analysis

Understanding business trends is at the heart of strategic decision making. Add trendlines and deltas to reports so you can quickly and effortlessly tell the visual story you need. These visual cues can help you, your team, and your stakeholders get a deeper understanding of your financial data and the story it tells – further enabling you to steer your business decisions from an informed perspective.

Adding trendlines and deltas to Digits Reports

🧠 Sophisticated AI Assistance

We've integrated our groundbreaking Digits AI assistant directly into reports to make analysis even easier! Ask complex, tailored questions and let the AI guide you through the sea of data, all while generating insightful graphs you can directly drag into your report. Handling your financials has never been easier – or faster.

Asking Digits AI for help while building reports

With winter approaching, it may be a sign to cozy up and hibernate for some, but not for the team at Digits. We’ve got even more updates and enhancements lined up, so keep your eyes peeled here for what’s next – coming your way soon! πŸ‘€

Digits Updates: End of Summer Edition

Can you believe summer is drawing to a close already? Even though things are winding down, the team at Digits is charging full steam ahead. We’re excited to share a handful of new features, enhanced with Digits AI, that are sure to help further save you and your clients time, as well as increase your ability to customize Digits.

πŸ€– Reports: Now with Digits AI!

We've now added Digits AI to the reports builder. You can now toggle between the chart drawer and Digits AI when building your reports, allowing you to add charts and graphs that were previously unavailable. Prompt Digits AI and drag the chart directly from the answer to your report.

Dragging a chart created with Digits AI into a report

πŸ™‹β€β™€οΈ Real-time Answers while viewing Reports.

Continuing with the theme of more options and interactivity, we've made Digits AI available to your clients while they view the reports you’ve shared with them! Now clients can ask questions and get answers in real-time, while those details are front of mind (Bonus: One less thing your client needs to bother you about).

asking Digits AI a question while viewing a report

πŸ“Œ Information you need. Where you need it!

On the topic of keeping important details readily available for easy access and time savings, we've unlocked the ability for you to add information boxes from Digits AI directly onto you or your clients’ dashboard. Simply drag a text box over, and add any material needing quick or regular referencing to the dashboard. All the information you need, right where you need it!

Adding text to a client dashboard

πŸ” Back by popular demand

Last and certainly not least - you've spoken, and we've listened. Search is back! Use search to quickly delve deeper into your data, to find vendors, customers, categories, and so much more.

We're thrilled to continue working on enhancing your experience with Digits AI and look forward to bringing you a ton more innovative, and impactful updates in the future.

We have so much more planned for the fall, and are just getting started!

Try Digits Today

Digits AI Summer Update

What a Summer! It's been just a month since we launched Digits AI, and we're excited to announce that we've welcomed hundreds of new accounting firms β€” and almost 1,000 new small businesses β€” onto Digits!

Our groundbreaking private, secure, and accurate business finance AI has caught the attention of accounting influencers like Jason Staats, mainstream news outlets like Fox Business News, and major conferences like Scaling New Heights, where our CEO, Jeff Seibert, delivered the keynote on AI Accounting to a sold-out audience.

But we've also been hard at work behind the scenes! Today, we're excited to share a couple fresh updates to Digits AI and Digits Reports:

What's New in Digits AI

πŸ“£ Let's follow up on that…

With the goal of saving you even more valuable time and getting right to the insights you need, Digits AI is now even smarter and more conversational. Want to keep digging into a topic that's top of mind? Digits AI now responds correctly to follow-ups, so just keep asking questions!

Conversing with Digits AI
Dragging from Digits AI

βœ‹ Let's save that for later…

Want to reference an answer from Digits AI time and time again? You can now drag a chart directly from Digits AI into your (or your client's!) dashboard. It's literally that easy.

πŸ’‘ Reports, Illuminated

We've also been hard at work on reports and we're gearing up for some major reports-related announcements soon! But to set the stage, let's start with a fresh coat of paint.

Today, we're excited to share that Digits Reports have a fresh new look, delivering enhanced clarity in a fluid, modern design that still supports all of the custom branding and cover images we know you love.

With this update, our product design team focused on simplicity, legibility, and ease of use, ensuring a seamless user experience that focuses on delivering the data you and your clients need to run the business.

Digits Reports in Light Mode

From all of us at Digits, we hope you're having a great summer, and stay tuned for even more exciting news in the weeks to come πŸ˜€

Jeff Seibert

Co-Founder & CEO

Try Digits Today

Digits Reports Upgrade

Introducing Quarterly Reports

Welcome to Q2 πŸ™‚ Now, with the click of a button, you can generate beautiful, immersive quarterly reports packed with all the intelligent executive summaries and actionable insights you get from standard, monthly Digits Reports. Quarterly Reports pack all the same power: infinitely explore your data through elegantly presented numbers and popular features like Hover to Discover.

edit/preview toggle
edit/preview toggle

Preview Mode β€”
proof before you send

Measure twice, cut onceβ€”it’s no surprise that accountants and financial professionals care tremendously about the details. So, when it came to creating reports for their clients, they were naturally interested in how their work would be presented. Inquisitive and detail-oriented users can now preview and share both emails and reports with themselves to see and review exactly what the others will receive when they are shared a report.

Full April Change Log

Digits Reports + Digits Reports Builder

  • Feature: Quarterly Reports Support

    • Users can now generate quarterly Digits Reports
  • Feature: View-as-a-Client Support

    • Users can now preview a report before sharing it
    • Users can now preview an email before sending it
    • Designed a top banner to identify preview mode
    • Developed a tool-tip for better β€œPreview” text explanation
  • User Experience Enhancements

    • Improvements related to date adjustments
    • Easier time period selection
    • Greater context awareness with expanded viewing around shared reports

Digits Search

  • Added underlying support for searching across different view types
  • Enhanced extraction of information from unstructured text
  • Index transactions’ external display IDs

Client Portal

  • Updated ordering and treatment of client lists

Living Model

  • Optimized vendor information extraction via transaction descriptions
  • Implemented a Digits specific banking-related NER model
Try Digits Today

The Alliance β€” March 2022

9,000 clients, $650 Billion in revenue, 800 years of accounting experience.

At Digits, we believe that by building the tools of tomorrow, we can empower accounting firms of today in transformative ways. Whether you desire to increase the number of clients your firm can handle, improve the client experience or effortlessly collaborate internally and externally, Digits is pushing the bounds of finance software to help you dramatically improve your bottom line.

A little while ago, we privately launched The Alliance, a collective of accounting firms and finance professionals who have joined our mission to build a better future.

The response and growth of The Alliance has been extraordinary. Since its launch, our membership now includes professionals at firms managing over 9,000 clients and overseeing in excess of $650 billion in revenue. We’re excited to partner with these firms and equip them with the tools of tomorrow – we’ll continually post updates on The Alliance here.

Want to join The Alliance?

You’ll be joining a collective of firms that are building the future of business finance – together.

Join the Alliance

Digits is building the future and I love that I get to help shape it!

Brady Jensen

Kong Basile

Digits Lights Up the Nashville Skyline

Definitely one for the books!

Digits kicked off the 2021 Digital CPA conference in style for attendees from the top tech-forward firms at an exclusive, invite-only evening full of magic where we took over the Dream Hotel in Nashville!

What our guests had to say: 'I LOVED the physical invite!' 'Not your typical accountant party' 'I thought about skipping this. What a mistake that would have been'

And we’re just getting warmed up. Stay tuned to learn how you can attend our next events rolling out throughout 2022!

* This was a COVID-compliant event following CDC guidelines. All attendees, including Digits employees, were provided proof of vaccination to enter the venue.

Digits Hosts Digital CPA 2021 Kick-off

Celebrate with Digits

The AICPA invited Digits to be part of its 10th-annual Digital CPA conference in Nashville next month, and to help kick it off, we’re excited to announce http://digits.events!

Join us at The Dream Hotel, just a couple blocks away from the conference, for a kick-off event to remember.

We’ll have one of our favorite DJs, along with gourmet bites, great drinks, and a few fun surprises on hand! Learn more about the event here

  • Bring your appetite and your sense of wonder!
  • When: December 5th, 7pm – 10pm
  • Where: The Dream Hotel, Nashville, TN
  • How: RSVP at http://digits.events

Digits Summer Upgrade

Before diving in, we wanted to take a moment to wish you and your family well during these challenging times. This has certainly been an atypical Summer by any measure, and we hope you’ve stayed safe and healthy throughout. To whatever extent possible, we also hope you’ve had an opportunity to enjoy the (socially-distanced) great outdoors, whether on a bike ride, a mountain hike, or a campfire under the stars. Best wishes to you β€” Team Digits

It’s been a busy summer at Digits, as we’ve been simultaneously laying the foundations for our next major launch as well as rolling out improvements to Digits based on customer feedback!

While the business climate continues to be challenging, we’ve been working hard to further scale our Early Access program and get more companies off our waitlist. We believe that every business owner deserves to have the real-time visibility, and powerful, actionable intelligence they need to overcome the current market dynamics, and we’re racing as quickly as we can to build out these functionality.

Power Users

This month, we focused on a slew of power-user features: we added multi-dimensional sorting and filtering capabilities to our expense Categories breakdown, we added a new Vendors section that provides an unprecedented (fully automated) analysis of your spend by vendor, and we simplified our dashboard navigation to make it even easier to deep-dive into your company’s finances.

Closed Books

We’ve also added support for closed periods, to let you see at-a-glance where your business’s financials are finalized, and where they may still be in flux. Whether you or your accountant prefers to set the closed date within your ledger (e.g. QuickBooks), or directly on Digits (just click the Settings icon), it’s seamless: all closed periods now display as locked in Digits, and your data is guaranteed to match your accounting software exactly. For current/unclosed periods, Digits applies its category classification and auto-reconciliation algorithms, so you have a real-time preview of what the month or quarter will look like, as it happens!

A Touch of Darkness

Our design team has been burning the midnight oil all Summer long, and that might have given them some ideas πŸ˜‰ The Digits login screen now has a fresh coat of (dark) paint, and we were so pleased by the look that we’ve brought it to all of our signup and onboarding screens as well.

But the Best is Yet to Come…

Much of our work from this Summer remains under wraps πŸ™‚ We’re incredibly excited to share what’s behind the curtain once it’s ready. Stay tuned for our next major announcement this Fall!

Full Summer Upgrade

Digits Core

  • Implemented system-wide support for closed and open periods.
  • Deployed automatic data validation for all closed periods.
  • Optimized vendor identification algorithms.
  • Preliminary architecture and support for manual data classification.

Digits for Expenses

  • Refreshed Categories view, including sorting and filtering.
  • New and improved Vendors view.
  • Implemented transaction filters.
  • Enhanced dashboard navigation.
  • Improved frontend UI performance for large datasets.
  • Refreshed login and onboarding screens.

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  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

Digits June Upgrade

As businesses around the country and around the globe continue to struggle during these unprecedented times, we’ve been working as quickly as possible to scale our technical infrastructure and our Early Access program to keep pace with demand and help those in need.

At Digits, our mission is to provide the real-time visibility, and powerful, actionable intelligence, that business owners require to chart their course in this dynamic environment, and we feel the obligation to do as much as we can to help.

This month, we’ve been focused on two major, parallel tracks: an intense effort to drive the scalability and accuracy of our core financial engine in order to accelerate how quickly we make it through our customer waitlist, and a return to green-field product development as we lay the groundwork for our next major launch, later this year.

This month’s Upgrade is a BIG one. However, much is still under wraps, so stay tuned for more!

June Upgrade

Digits Core

  • Ability to enable or disable integration sub-accounts.
  • Improved automatic validation of transaction reconciliation.
  • Enhanced category classification with additional ledger data.
  • Automated regression detection for classification algorithms.
  • Automated health indicators for ledger data synchronization.
  • Major scalability improvements to our data processing pipelines.
  • Major query performance improvements to support high transaction volume customers.
  • Role-based permissioning and ACL implementation.

β–‹β–‹β–‹β–‹ β–‹β–‹ β–‹

  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹never been done before β–‹β–‹β–‹ β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹game changerβ–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹powerfulβ–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹Patented β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹gorgeous β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

  • β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹

  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹ β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

  • β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹
  • β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹ β–‹β–‹β–‹β–‹β–‹β–‹β–‹

β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹β–‹

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Digits May Upgrade

After two years of heavy development, we’ve announced Digits for Expenses! We couldn’t be more humbled by the support and excitement we’ve seen from countless business owners and accountants across the country and around the globe, and we’re working tirelessly to get them into our Early Access program.

Since our launch, we’ve also been solidifying Digits’ underlying financial engine. Businesses come in all shapes and sizes, so we need to be absolutely certain that Digits supports them all.

This month, our biggest upgrades focused on new technology to help ensure that our understanding and your understanding of your business’ financials are the same.

Automated P&L and Balance Sheet Validation

Data quality is at the heart of our mission to provide real-time visibility and actionable insights into how your business is spending money, and we’re constantly iterating on approaches to guarantee both precision and accuracy, while keeping your data private and secure.

Over the past month, we’ve built fully-automated validation using two of the three most common financial reports. Here’s how it works:

We first generate a full Profit & Loss Statement and a Balance Sheet report using Digits’ internal, proprietary representation of your company’s financials. We then export the same P&L and Balance Sheet from your ledger’s API, for each month of your company’s history. Our validation pipeline then automatically compares themβ€”line by lineβ€”guaranteeing that Digits’ representation of your data is accurate and that you can trust the numbers we display.

Automated Regression Detection

While validation is critical for all historical data, it’s meaningless for real-time transactions that have not yet hit your ledger. That’s where Digits’ online classification engine comes in.

We are constantly iterating and improving our algorithms to give you even better real-time insights into spend (with correct categorization and vendor identification), and it’s critical that those improvements don’t unintentionally regress other data points.

Over the past month, we’ve architected and implemented an automated classification regression monitor, which continuously watches a large and growing set of known-correct transactions from our sample data, and then automatically alerts on any unexpected changes.

This is just the start, and we continue to invest heavily in data validation, and data quality assurance.

There’s lots more we’ve been working on, though…

May Upgrade

Digits for Expenses

  • Improved time-series navigation with β€œJump to today” feature.
  • Improved support for yearly period views.
  • Stabilized transaction deep-link URLs.
  • Polished commenting UX.
  • Enhanced activity feed with additional event types.
  • New UI for identifying unknown/novel transactions.

Digits Core

  • Automated P&L and Balance Sheet validation.
  • Automated regression detection.
  • Improved anomalous transaction detection.
  • Improved vendor identification for journal entry line items.
  • Productionized automatic vendor deduplication.
  • Implemented depreciation and amortization exclusions for expense analysis.
  • Improved auto-reconciliation of source transactions across larger time windows.
  • Productionized new recurrence detection algorithm.

Integrations

  • Improved status monitoring of 3rd-party data providers.
  • Tuned importer pipeline for performance and scale.
  • Deployed API upgrades to improve imported data consistency.
  • Improved handling of popular expense management software transactions.