Case Study: Square-powered Businesses achieve faster, cleaner bookkeeping with Synder

Square-powered Businesses save 40+ hours monthly with Synder

The customer, a Square-powered business, faced significant accounting challenges due to the complexity of reconciling Square's net payout deposits with their actual sales data, fees, taxes, and tips in their accounting system. This manual process was time-consuming, prone to error, and became increasingly difficult as the business grew. They implemented Synder, an accounting automation software, to address this.

Synder automated the entire process by importing detailed Square transactions and correctly categorizing all components like revenue, fees, taxes, and tips. The solution automatically matched bank deposits to the corresponding sales, eliminating manual reconciliation. This resulted in the business saving over three workweeks per year, achieving faster and more accurate financial closes, and gaining a scalable solution for future growth.