World class data extraction, transformation and information delivery.

Open Accounting (or Open-Source Accounting) is the cornerstone of our product range and forms the basis of everything we do here at Alph4.

Alph4 and our suite of products essentially provide the ‘bridge’ (or the connector) between the finance business and the Client.

However, we’ve taken it a step further providing continuous, real-time access and bespoke reporting routines, and we’re constantly innovating new methods of analysing financial data according to business & clients’ demands.

Real-Time Data

It’s a relatively simple process to provide a link from one financial system to another and extract data one time. The problem is the information becomes out-of-date very quickly.

But what about continual ‘Real-Time’ access to the business’s data as it changes daily, hourly or by the minute? And what do we do with the data as it comes through in real-time?

We have built our own extremely powerful platform and suite of products which enable us to continually ‘grab’ data in real-time and transform it in a very unique way which then allows us to apply bespoke analysis and reporting routines, built to our clients’ specifications.

Key Benefits of The Alph4 Real-Time Open Accounting Platform

  • Seamless automated Integration to the client’s system – allows a continual stream of data from the Client to the business.
  • Full Automation providing a ‘one-touch’ end-to-end solution.
  • Unique transformation and standardisation routines using a Common Ledger Structure – provides a common, consistent, and comparable view of each business regardless of the accounting platform used (QuickBooks, Xero, Sage, NetSuite etc.).
  • Bespoke analysis, reporting tools & routines which can be applied to the data once extracted, giving a unique, tailored view of the Client according to the business parameters, KPI’s, benchmarks and other internal measures.
  • Overlays all existing IT systems. We’ve built the platform in such a way that it complements all existing IT systems. There is no requirement to replace or dispose of any existing system.

Other Benefits of The Alph4 Real-Time Accounting Platform

  • Fast, simple, personalised client sign up process – done in under 2 minutes.
  • All online portal driven. Access to the system for sign up and ongoing management is available anywhere with an internet connection.
  • Once signed up the client retains full control over the entire process and can revoke access at any time.
  • Fully GDPR Compliant.
  • Provides access to every single historic accounting entry at transactional level.
  • Removes entirely any requirement for the handling of manual records by both the business and the Client.
  • Multiple reporting options for extracted data onto digital dashboards – Excel Integration, Microsoft Power BI or integration into your internal CRM system.
  • Capability to push data back into the clients’ system if required (as well as extracting data from the clients’ system).
  • Advanced reporting capabilities for the business enabling reporting across the entire client base (for example, regional analysis, sector analysis, customer analysis etc.).