KPMG Spark Pricing, Features, Reviews & Alternatives

KPMG Spark

Online bookkeeping specifically aimed at small businesses

4.53/5 (103 reviews)

KPMG Spark overview

What is KPMG Spark?

KPMG Spark is an online bookkeeping service that has been designed specifically to address the demands of small businesses.

KPMG Spark provides real-time bank feed and reconciliation, allowing users to keep up with the books directly from the Web. KPMG Spark offers users access to live bank data, transaction details, and tax information. KPMG Spark connects with all types of financial accounts, including credit card accounts. The software also features intuitive search and customizable reporting functionality. Users can send invoices and process payments within the KPMG Spark interface. Users of KPMG Spark can readily collaborate with others inside their organization as well as the KPMG Spark accounting team.

KPMG Spark features 256-bit encryption and secure storage, allowing users to rest assured that customer data is safe.
kpmgspark.com

Pricing

Starting from
$195/month
Pricing options
Subscription
Free trial
Value for money
View Pricing Plans

Devices

Business size

S
M
L

Markets

United States

Supported languages

English

KPMG Spark user reviews

Value for money
Features
Ease of use
Customer support
  4.6
  4.4
  4.6
  4.6
Lisa K.

I travel for a living and Bookly has made running my business bookeeping accounting easier.

Used weekly for 2+ years
Reviewed 2018-01-23
Review Source: Capterra

Switching over to Bookly allowed me to gain more control over the creative part of my business because I don't have to work hard at the books or put it off until later. My accounts are integrated to upload automatically. I answer the questions bookkeepers have for me. I just review the work. It's like having a person in the office doing the work without having to hire someone. You might think just having software is like that but it isn't. You still have to find the software, keep track of the updates, if you are smart after to upload the work you will have someone review what you have entered. With Bookly, I don't have to do all of that. I never have to buy software. I just log in and see what view the books, answer questions , ask questions, run reports, etc. It's wonderful for me as I have a lot to do running a business. Anyone looking to save time should look into using Bookly. It's isn't just software. It's a group of people that want you to have the best accounting experience possible.

Pros
I am a longtime Mac user. Quickbooks integration has been troublesome and lacking updates or options. Bookly software is a non-issue. I can get the reports I need and if I have questions I can have quick access to knowledgeable staff that is eager to help. Hiring Bookly was a major stress relief.

Cons
There are elements of QuickBooks that I miss like having an app. What I realize I get without the app is made up for in customer service and staff access.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Joanne L.

Not for everyone. Software and Support are excellent, but not geared to my business needs.

Used weekly for 6-12 months
Reviewed 2018-06-21
Review Source: Capterra

First, it's not only software, there is a person at the company that is assigned to you and knowledgable about your account. It helped me to get on top of my finances and get them organized. However, it's more for business and does not meet my needs. I switched to managing budgets and transactions at YNAB.

Pros
What I liked most was that I had a dedicated bookkeeper that I could work with, who was available and accessible. The software and communications process was easy. I didn't wast time trying to track anyone down. Response times are great. Everyone was easy to talk to and to work with. Polite, helpful, and responsive.

Cons
My "business" is low transaction with over fewer than 10 bank accounts. One account is a business account, the others (linked) are personal accounts. The issues I ran into are: 1) I needed reports by each of the accounts, that was not easily generated by bookly, my dedicated person had to do it manually. It was wonderful that they did, but it wasn't always correct (because it needed a lot of info from me) and so the reports weren't as useful as I had hoped. 2) Unforeseen problems: The "view only" access to my (personal) bank accounts triggered major problems. That second username triggered all my lined accounts to be unlinked and auto-payments stopped. I was NOT notified by the bank! My mortgage was late and I have to live with remove the late mark on my credit report. 3)Taxes: I wanted to submit them on time had my information to Bookly well in advance of April 15. They were not done on time, and they only have paper submissions now, so I had to print and mail all the forms. Furthermore, because they are submitted on paper, it takes several more weeks to have them processed by the IRS (and probably the states too).

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 5/10

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Kenny B.

Bookly charged me for services I never used.

Used occasionally for less than 6 months
Reviewed 2017-07-10
Review Source: Capterra

Nothing but pain.

Pros
The software and concept are good but the company does not conduct itself professionally. They made assurances that they could come up with a solution but ultimately, they failed to do so and still wanted me to pay.

Cons
I received a trial subscription from Bookly and started working with some of their personnel. The staff were very friendly but were not knowledgable enough to figure out the complexity of my needs. Note that my needs were not that complicated. After trying to find a workable solution for me, they deemed I needed to use their partner software named Xero. After multiple attempts and phone conferences, they still were unable to come up with a system that would meet our needs. Subsequently, they ceased correspondence and since I was on a free trial, I let it go. Several months later I noticed on my credit card statement that they had been charging me monthly for their services. I reached out to them again multiple times and long story short, they wouldn't refund my money. I have all the emails to corroborate this story and ultimately, I had to go to my credit card company which disputed the charges and refunded my money. Needless to say, I was shocked and disappointed that Bookly would not refund the charges they had applied for work they never did. It's sad that I had to go to my credit card company to get things right.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 0/10

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nana t.

Online Accounting

Used daily for 2+ years
Reviewed 2021-02-13
Review Source: Capterra

Overall it is one of the best software i use. KPMG Spark makes my daily work pleasant.

Pros
KPMG Spark is suitable for me. It makes my job easier. it helps me to do daily tasks. I like that it gives me real-time visibility into incomes and expenses.

Cons
The software needs some trainings to use perfectly. It is a bit complicated. But on the other hand it's very functional.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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William H. M.

Ideal Accounting solution for small businesses

Used weekly for 6-12 months
Reviewed 2018-12-10
Review Source: Capterra

We can quickly see the monthly results of our business activities and make corrections in our business model much quicker than we were when we posted to QuickBooks and submitted the results to our account after the close of the quarter. It often would take them another 3 months to product our final reports, which put us behind in making needed corrections to keep our business profitable and growing at the rate we had forecasted.

Pros
We were please to be introduced to KPMG Bookly team at eBay Open this past summer. We had been planning to either go with QuickBooks Enterprise or Go Daddy Accounting for our new eCommerce business. With Bookly we not only have a software package to handle our accounting but a personal bookkeeper to make sure we are posting our accounting data correctly. We the other solutions we were considering, there was no personal interface, and we still would have had to hire an accountant to review our results after the fact. While we are fairly versed in sound accounting practices, it is great to have a bookkeeper looking over our shoulder to make sure we are consistently following the best practices for our accounting.

Cons
We would like to see a checklist added to Bookly to ensure we are consistently entering the required data for each aspect of our business each and every month.

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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KPMG Spark pricing

Starting from
$195/month
Pricing options
Subscription
Free trial
View Pricing Plans

Bookkeeping starts at $195 a month. There are additional add ons available for tax and consulting services.

KPMG Spark features

Accounting
Accounting Integration
Audit Trail
Billing & Invoicing
Electronic Payments
Expense Tracking

API (393 other apps)
Activity Dashboard (375 other apps)
Alerts/Notifications (319 other apps)
Compliance Management (358 other apps)
Customizable Reports (242 other apps)
Data Import/Export (347 other apps)
Invoice Management (302 other apps)
Invoice Processing (229 other apps)
Multi-Currency (313 other apps)
Recurring/Subscription Billing (225 other apps)
Reporting & Statistics (411 other apps)
Reporting/Analytics (358 other apps)
Third Party Integrations (332 other apps)
Workflow Management (266 other apps)

Additional information for KPMG Spark

Key features of KPMG Spark

  • Accounting Integration
  • Accounting Management
  • Audit Trail
  • Auditing
  • Budget Control
  • Customer Accounts
  • Electronic Payments
  • Transaction History
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Benefits

• Get access to a KPMG bookkeeper who will do your bookkeeping in real-time. Your software will be updated throughout the day to reflect your most current financials.
• Collaborate with Bookly’s dedicated accounting and tax advising team directly via text, in-app messaging, email, or phone.
• Receive tax consultation and prepare returns.
• Track financial performance within the Bookly dashboard.
• Project and accrual base accounting.