How Fyfe Finance's AI audit engine works, what it detects, its limitations, and how we protect your clients' financial data.
Fyfe Finance is AI-powered bookkeeping audit software for accounting firms and bookkeeping practices. Detect P&L errors in 60 seconds, deliver white-label AI Audit Reports to clients, and connect QuickBooks Online — 30-day free trial, no credit card required.
Whether you run a restaurant, retail store, consulting firm, or SaaS company — connect QuickBooks, upload a spreadsheet, or enter data manually. Fyfe audits your financials for accounting errors, tax risks, and cash flow gaps, then generates a prioritized Action Plan with specific fixes ranked by financial impact.
7-day free trial · No credit card required · Cancel anytime
Everything accounting firms and business owners need to audit, understand, and act on their financials.
Fyfe's AI engine automatically scans every financial period for P&L categorization errors, misclassified transactions, and bookkeeping bias. Errors are ranked by financial impact so your team knows exactly what to fix first. Supports QuickBooks Online, CSV exports, and manual ledger entry.
Connect QuickBooks Online via official OAuth in strict read-only mode. Fyfe never writes, modifies, or stores raw transaction data. Supported plans: Simple Start, Essentials, Plus, and Advanced. Audit runs automatically after every sync.
Accounting firms can deliver AI Audit Reports under their own brand. Add $100–$200 per client per month as an advisory upsell. Available on Partner Professional ($799/mo) and Enterprise ($1,499/mo). Partner Starter ($299/mo) includes 5 clients with a 30-day free trial.
Industry-specific KPIs, cash flow analysis, and AI insights for every business type.
Automatically flag misclassified expenses, revenue categorization errors, and ledger inconsistencies across every financial period.
Real-time burn rate monitoring, operating cash flow tracking, and AI-generated runway forecasts.
Tailored benchmarks for SaaS (NRR, CAC, ARR), Retail (inventory days, current ratio), Food Service (food cost %, labour %), Professional Services (utilization, project margin), Wholesale, and Vending.
After every data import, Fyfe generates a plain-language executive summary and flags statistical anomalies before they become material risks.
AI-powered forecasting for revenue, expenses, and cash runway based on your historical data patterns.
SOC 2 Type II compliance, AES-256 encryption at rest, OAuth 2.0 read-only access. Your data is never sold or used to train third-party AI models.
Simple, transparent pricing for solo bookkeepers, growing businesses, and accounting firms of all sizes.
Connect in under 2 minutes via official Intuit OAuth. Fyfe reads your chart of accounts, transactions, and financial statements in read-only mode. After every sync, Fyfe runs a full AI audit and generates a prioritized error report. See fyfefinance.com/quickbooks-audit .
Partner Professional and Enterprise subscribers deliver AI Audit Reports under their own branding. Reports include P&L error summary, categorization bias findings, cash flow health score, and a prioritized action plan. Available at fyfefinance.com/partner-pro .
Real financial failures — and the early warning signs Fyfe would have caught.
NRR dropped below 100% for 9 months. CAC nearly doubled. Burn hit $310K/month. Every signal was in the data.
62% gross margins, five years of profitability, then liquidation. Inventory days doubled to 134. Current ratio fell to 0.83x.
18% YoY revenue growth masked a utilization collapse from 74% to 51%. One client's departure triggered a 90-day payroll crisis.
Fyfe Finance Partner Edition gives accounting firms white-label AI audit reports, automated P&L error detection across every client, and read-only QuickBooks integration. 30-day free trial, no credit card required.
Automate financial auditing and error detection across your entire client base — retail, hospitality, professional services, SaaS, and more. Fyfe detects categorization errors and misclassified transactions in 60 seconds — work that usually takes a junior auditor 5+ hours. Deliver branded AI Audit Reports to clients as a premium advisory upsell service.
30-day free trial · No credit card required · Read-only client data security
Everything your accounting firm needs to productize AI auditing across your client base.
Fyfe's AI identifies categorization errors and misclassified transactions in 60 seconds — work that usually takes a junior auditor 5+ hours. Errors are ranked by financial impact so your team knows exactly what to fix first.
Support your entire book of business regardless of industry. Whether clients use QuickBooks Online, custom CSV exports, or manual ledger entries, Fyfe standardizes the audit across all data sources.
Deliver "AI Audit Reports" under your own firm's brand. Build client trust with professional-grade AI insights that justify premium advisory fees. White-label reporting is included on Partner Professional ($799/mo) and Enterprise ($1,499/mo).
Simple, predictable pricing that scales with your practice.
Fyfe connects via official Intuit OAuth in strict read-only mode. We never write, modify, or delete a single transaction. Your clients' QuickBooks books stay exactly as they are.
Raw transaction data is never stored on Fyfe servers. We analyze financial summary data only — your clients' underlying transaction records never leave QuickBooks.
All data encrypted at rest and in transit. Your clients' credentials stay with you — not shared with Fyfe. Disconnect QuickBooks at any time from account settings.
Fyfe Finance Bookkeeper Edition detects P&L categorization errors and ledger bias across your entire client base in 60 seconds. White-label AI audit reports. Starts at $299/month — 7-day free trial.
Automate financial auditing and bias detection across your entire client base — retail, hospitality, professional services, SaaS, and more. Stop billing by the hour and start scaling with AI-driven intelligence. Fyfe typically saves 5+ hours per client per audit cycle versus manual review.
7-day free trial · No credit card required · Read-only client data security
Fyfe's AI identifies categorization inconsistencies and historical operational biases that skew your clients' books — work that usually takes a junior auditor 5+ hours per client per cycle.
Support your entire book of business regardless of industry. Whether clients use QuickBooks Online, custom CSV exports, or manual ledger entries, Fyfe standardizes the audit process.
Deliver high-stakes "AI Audit Reports" under your own brand. Build client trust with professional-grade AI insights that justify premium advisory fees. White-label branding available on all Bookkeeper plans.
All prices USD. Additional clients $75/mo each. Additional users $10/mo each.
Fyfe Finance is AI-powered QuickBooks audit software for accounting firms and bookkeepers. Detect duplicate expenses, miscategorised revenue, and tax exposure risks in 60 seconds. Connect via official QuickBooks OAuth — read-only, no write permissions.
Fyfe's AI audits your QuickBooks data to surface duplicate expenses, miscategorised revenue, tax exposure risks, and accounting bias — before your accountant charges you to find the same things. Supports QuickBooks Online Simple Start, Essentials, Plus, and Advanced. Full audit completes in under 60 seconds per financial period.
No credit card · SOC 2 aligned · QuickBooks OAuth · Cancel anytime
Six categories of issues that cost small businesses thousands each year.
AI flags duplicate transactions that inflate COGS and reduce taxable income accuracy — a common source of over-reported expenses.
Revenue booked to the wrong account skews your P&L and misleads lenders & investors. Fyfe cross-checks your chart of accounts categorization patterns.
Unreconciled liabilities and incorrect GST/HST coding that trigger audit flags and increase your tax exposure risk.
Systematic patterns that unconsciously skew your books toward over- or under-reporting — detectable only through pattern analysis across multiple periods.
Timing mismatches between revenue recognition and actual cash in that destroy runway visibility and mislead short-term financial planning.
A single score summarising your current ratio, debt-to-equity, and liquidity risk — generated automatically from your QuickBooks balance sheet data.
Three steps. Under two minutes.
Authorise read-only access via QuickBooks OAuth. Your credentials never touch our servers. Supports Simple Start, Essentials, Plus, and Advanced.
We pull your P&L, Balance Sheet, and Cash Flow and run them through our audit engine in approximately 60 seconds.
A prioritised list of issues, health scores, and recommended actions — ready to share with your accountant or act on immediately.
Yes — we connect via the official QuickBooks OAuth integration. We read-only import your P&L, Balance Sheet, and Cash Flow reports. We never write to your books.
Absolutely. All data is encrypted in transit and at rest. SOC 2 aligned. You can disconnect QuickBooks at any time from your account settings.
Fyfe Finance works with QuickBooks Online Simple Start, Essentials, Plus, and Advanced. QuickBooks Desktop is not currently supported.
A well-reviewed B2B CRM raised $3M then shut down 14 months later. NRR had been below 100% for 9 months. CAC nearly doubled to $7,800. Burn hit $310K/month against $14K operating cash flow. Every signal was visible in the data for over 6 months.
Fyfe Finance's AI audit software for SaaS companies automatically tracks Net Revenue Retention (NRR), Customer Acquisition Cost (CAC), CAC Payback Period, burn rate, and operating cash flow — and flags divergences before they become existential risks. This is the action plan Fyfe would have generated 6 months before the crisis.
Net Revenue Retention fell from 108% to 87% over 6 months — below the critical 100% threshold. Below 100% means existing revenue is shrinking faster than expansions can offset it. Fyfe flags NRR decline the moment it crosses below 100%.
Customer Acquisition Cost rose from $4,200 to $7,800. CAC Payback Period stretched from 9 to 19 months. Every new customer was a 1.5-year liability before contributing margin. Fyfe flags CAC Payback above 12 months as a unit economics warning.
Monthly burn grew 3.3× while operating cash flow stayed flat at $14K. The gap was visible from month 3. At $310K monthly burn, the $3M raise provided less than 10 months of runway — not the 24+ months the team believed they had.
Launch a customer health scoring program and create a dedicated save playbook for accounts at risk. Target: return NRR above 100% within 2 quarters or pause new logo acquisition spend.
At current trajectory, less than 3 months runway. Hiring freeze and 30% opex reduction required immediately to extend runway to 9+ months before seeking additional financing.
Pause paid acquisition channels and focus budget on improving retention of existing customers. Every new customer is now a 1.5-year liability at current economics.
62% gross margins, five years of profitability, then liquidation. Inventory days doubled to 134. Current ratio fell to 0.83x. The P&L never showed it.
18% YoY growth masked a utilization collapse from 74% to 51%. One anchor client's departure triggered a 90-day payroll crisis.
A premium home goods retailer with 62% gross margins and consistent revenue growth. Five years of profitability. Liquidated in 2024. The P&L never showed a problem — because the problem was hiding in the balance sheet. Inventory days doubled to 134. Current ratio fell to 0.83x.
Fyfe Finance's AI bookkeeping error detection for retail businesses automatically tracks inventory days on hand, current ratio, accounts payable days, and cash conversion cycle — flagging balance sheet deterioration before it triggers a liquidity crisis. This is the action plan Fyfe would have generated 18 months before liquidation.
Inventory days on hand grew from 68 to 134 over 24 months (retail benchmark: 60–90 days). $890K in cash was locked in unsold inventory. This cash trap was visible in the balance sheet for nearly two years before the end.
The current ratio fell from 2.4x to 0.83x over 2 years. Below 1.0 means current liabilities exceed current assets. When a supplier called in $220K in overdue payables, there was no cash to cover it.
Gross margins remained at 61–62% throughout the decline. The P&L showed a "healthy" business. The balance sheet always knew the truth — which is why balance sheet analysis is a core Fyfe Finance feature, not an afterthought.
Current liabilities exceed current assets. Immediate action: arrange a revolving credit facility of at least $250K and begin aggressive inventory liquidation to convert stock back to cash.
Identify the bottom 30% of SKUs by sell-through rate and initiate a clearance programme. No SKU should be reordered with more than 90 days of supply on hand.
Purchasing authority capped at 110% of the prior period's sell-through volume for each category. This prevents the inventory trap from recurring after the current crisis is resolved.
NRR dropped below 100% for 9 months. CAC doubled. Burn hit $310K/month. Every signal was in the data.
18% YoY growth masked a utilization collapse. One client's departure triggered a 90-day payroll crisis.
Three consecutive years of 18% revenue growth. A growing team. Bigger engagements. Then one client left — and the firm was 90 days from payroll failure. Sold for less than one year's revenue. Billable utilization had fallen from 74% to 51% without anyone formally tracking it.
Fyfe Finance's AI audit software for professional services firms automatically tracks billable utilization, revenue per employee, project margin, and client concentration risk. This is the action plan Fyfe would have generated in Q1 2023 — a full year before the firm ran out of options.
Utilization dropped from 74% to 51% while headcount grew from 8 to 14. The firm was paying 14 people to generate the output of roughly 7 billable staff. Fyfe flags utilization below 65% as a payroll-coverage warning.
One client represented 28% of total revenue — exceeding the 20% maximum threshold. Any client over 20% creates an existential concentration risk. When that client left, the firm had 90 days to payroll failure.
Revenue per employee fell 32% from $290K to $198K as headcount grew faster than revenue-generating capacity. Industry benchmark for professional services is $200–$350K. Below $200K signals a structural cost problem.
No single client should exceed 20% of revenue. Dedicate 20% of business development capacity exclusively to new logo acquisition for the next two quarters.
Implement a hiring freeze and set a 65% utilization floor as the condition for any future hire. At 51% utilization, the firm cannot cover fixed costs at current billing rates.
Audit the last 10 project closings: compare estimated vs. actual hours. If scope creep exceeds 15%, implement a formal change control process and reprice affected ongoing engagements.
NRR collapse and CAC payback stretching that killed a $2.1M ARR startup 6 months after the signals appeared.
Inventory days and current ratio signals visible 18 months before a profitable retailer ran out of cash.