Books that close themselves.
Continuous close for small businesses. Receipts arrive on their own. Bank lines reconcile automatically. The system tells you what is left.
The close never comes.
Every business faces the same question at month-end: are the books done? And every small business gives the same answer: not yet. Give me 3 more days.
30 to 50 invoices
Supplier invoices entered by hand into the accounting tool. Every month.
Bank lines, by hand
Reconciled one row at a time. Every Sunday.
3 days of board prep
Compiled from four tools by hand. Every quarter.
A Tuesday in Linsay's week.
Linsay
Finance Ops Lead · 12-person SaaS, US
With Well
The push surface shows 4 items. None are urgent. Two are missing receipts the system has already routed to the right operator. Linsay assigns. 90 seconds.
Linsay opens the canvas. Books are current to yesterday's bank close. The runway widget already shows the answer. 30 seconds.
Three lines flagged for ambiguity. Each one has a suggested category from Linsay's own history. Linsay accepts two, corrects one. The system learns. 4 minutes.
Linsay closes the laptop. Tuesday is done. The board cycle next week is already prepped.
Four layers. One close.
The close depends on four layers. Enterprise tools own Layer 4 but skip 1-3. SMB tools do layers 1-3 but have no close. Well does all four, on one data model.
Capture
Pull every invoice and receipt from every channel.
Email (Gmail, Outlook, IMAP). Chat (iMessage, WhatsApp, Slack). API (86+ connectors). Chrome extension (no-API providers).
- Email (Gmail, Outlook, IMAP)
- Chat (iMessage, WhatsApp, Slack)
- API (86+ connectors)
- Chrome extension (no-API providers)
Reconcile
Match every receipt to its bank line. Tag the payer, the payment method, the cost center.
11,000 banks across the EU and US. Cart-number matching for known providers. Payment method auto-detection. Uploader auto-tagging in team workspaces.
- 11,000 banks across the EU and US
- Cart-number matching for known providers
- Payment method auto-detection
- Uploader auto-tagging in team workspaces
Categorize
Pre-fill the journal entry from the user's own history. Conform to the framework.
IFRS, US GAAP, French GAAP, Spanish GAAP. Learns from your historical journals. Magic button for journal creation. Improves with every correction.
- IFRS, US GAAP, French GAAP, Spanish GAAP
- Learns from your historical journals
- Magic button for journal creation
- Improves with every correction
Close
Surface what still needs human judgement. Push it to the right person. Audit-trail every decision.
Push surface (next actions, not inboxes). Routing by uploader, cost center, role. Audit trail across team members. Close-status ring.
- Push surface (next actions, not inboxes)
- Routing by uploader, cost center, role
- Audit trail across team members
- Close-status ring
Receipts find their way in.
Most tools wait for you to upload. Well pulls receipts from wherever they live. No forwarding. No drag-and-drop. No manipulation.
The strongest single source.
- Gmail, Outlook, IMAP. The system reads the inbox and files invoices as they arrive.
Chat
iMessage, WhatsApp, Slack.
- Drop a photo in any chat. The system tags it to the uploader.
API
86+ connectors.
- Connectors pull invoices the moment they are issued. New connectors every week.
Chrome extension
For providers with no API.
- When the provider has no API, the extension scrapes the invoice page on your behalf. Coverage grows continuously.
The banking moat.
11,000
Banks across the EU and US
The bank is the input signal. A charge from Slack on the 5th is the trigger to look for a Slack invoice. Without bank coverage, every missing invoice is a guess.
| Provider | Coverage | EU | US |
|---|---|---|---|
| Well | 11,000 banks across EU and US | Supported | Supported |
| Digits | ~12,000 US institutions (via Plaid) | Not supported | Supported |
| Puzzle | US only | Not supported | Supported |
| Pennylane | FR only | Supported | Not supported |
| Bench | US only | Not supported | Supported |
Receipts and bank lines find each other.
The system identifies the payment method, the uploader, the cost center, and matches the receipt against the bank transaction. Automatically.
Without Well
- Forward the email
- Open the bank export
- Find the matching line
- Open the receipt
- Click match
- Open the chart of accounts
- Pick a category
- Save
With Well
- Email arrives in Gmail
- System reads the receipt
- System pulls the bank line
- System matches the two
- System tags the payer
- System tags the cost center
- System pre-fills the entry
- You review or move on
“We see a Slack charge on the 5th. We pull the Slack invoice. We match them. We tag it as SaaS, Engineering, Recurring. You review.”
Categories that learn your business.
Every business has its own chart of accounts. Every accountant has their own preferred journal lines. Well learns both.
Frameworks covered
IFRS. US GAAP. French GAAP. Spanish GAAP.
- Pick once. The system respects the framework.
Learns your history
Improves with every correction.
- By the third close, you are correcting almost nothing.
Magic button
One click to journal entry.
- One click turns the categorized lines into a full journal entry. Ready for the accountant. Or post it directly.
Two modes. One workflow.
Well closes the books for the founder doing it alone, and for the team that splits the work across roles. Same data, same workflow, different permissions.
Solo mode
- One inbox
- One approval queue
- Push surface routes to you
- Accountant export monthly
Team mode
- Push routing by role
- Operator drops a receipt
- Bookkeeper categorizes
- Linsay approves journal
- Audit trail across all actions
- Permissions per role
Behind on the year? Catch up by Friday.
Well backfills bank data and reconciles retroactively. Hundreds of transactions become a one-pass operation. Tax-ready books, in days.
For volume that breaks other tools.
Most bookkeeping tools choke on Shopify volume. They reconcile at the settlement level and leave you to handle thousands of underlying orders. Well works per order.
Per-order matching
Not just the daily payout.
- Reconciles thousands of small Shopify orders against income. Not just the daily payout.
Invoice generation
Shopify and BigCommerce compatible.
- Generates customer invoices compatible with Shopify and BigCommerce.
Returns and refunds
Negative amounts handled.
- Handles the negative-amount transactions that wreck most reconciliation tools.
Pure-players cover slices. Well closes the books.
Enterprise close tools own Layer 4 at $25K+/year. SMB tools do layers 1-3 but skip the close. Well does all four, at SMB pricing.
| Capability | Well | Pennylane | Puzzle | Bench | Hubdoc |
|---|---|---|---|---|---|
| Multi-channel capture (email + chat + API + Chrome ext) | Supported | Not supported | Not supported | Not supported | Not supported |
| Banks across EU and US (11K institutions) | Supported | Not supported | Not supported | Not supported | Not supported |
| Auto-categorization that learns history | Supported | Partial | Supported | Human | Not supported |
| Push surface (next actions, assignment) | Supported | Not supported | Not supported | Not supported | Not supported |
| Multi-framework (IFRS + US + FR + ES GAAP) | Supported | Partial | Partial | Not supported | Not supported |
Founders running their own books trust Well.
“I used to spend every Sunday matching bank lines to receipts. Now I open Well on Monday morning and everything is already done.”
Jean-Marc L.
Founder, Solo SaaS, France
“Board prep went from 3 days to 30 minutes. The close ring tells me exactly where we stand, and the audit trail keeps our accountant happy.”
Linsay K.
Finance Ops Lead, 12-person SaaS, US
“We process 3,000 Shopify orders a month. Other tools reconciled at the settlement level. Well matches per order. That changed everything.”
Jane R.
Founder, E-commerce brand, US
Frequently asked
Well sits alongside your accounting tool or replaces it depending on your stage. Solo founders use Well as their bookkeeping system of record. Scaling teams keep their existing journal tool and use Well for capture, reconciliation, and the close workflow. The Magic Button generates accountant-ready exports for either path.
11,000 banks across the EU and US. Tier 1 banks (Chase, BNP, Barclays), neo-banks (Mercury, Brex, Ramp, Qonto, Shine), regional credit unions, and business-only banks. If your bank is not listed, the team adds new connectors weekly.
IFRS, US GAAP, French GAAP, and Spanish GAAP today. The categorizer respects the framework you pick. Additional frameworks roll out with each new geography.
Every correction you make becomes training signal for the next month. By the third close, the system suggests the right category for almost every line. The learning is workspace-scoped. Your taxonomy stays yours.
Yes. Add your accountant as a member of the workspace with read-only or approver permissions. The audit trail tracks every action. Exports are accountant-ready in your framework.
Well backfills historical bank data and reconciles retroactively. Hundreds of transactions become a one-pass operation. Most users go from behind to current in under a week. The tax-season catch-up flow is purpose-built for this.
Yes. Well reconciles per order, not just per settlement. Thousands of small Shopify or Amazon orders match against the bank, the fees, the refunds, and the COGS.
Bank connections use read-only OAuth via regulated aggregators. Data is encrypted at rest and in transit. Workspace permissions are scoped per role. Audit trail tracks every action.
11,000
Banks across EU and US
86+
Connectors
4
Accounting frameworks
Close your books. Every month. Automatically.
Connect your first bank in 90 seconds. Receipts arrive. Bank lines reconcile. Categories learn. The close ring fills. Free to try. No credit card.