Silo Accounting is a cloud-based accounting and finance management solution purpose-built for produce businesses. It automates core financial processes such as bookkeeping, accounts payable and receivable, billing, invoicing, and payment collections. The platform provides real-time visibility into cash flow, profit margins, and financial health, enabling business owners to make informed decisions and maintain compliance. Silo Accounting integrates seamlessly with inventory management and other operational modules, bridging the gap between physical and financial operations. It supports integration with third-party accounting systems like QuickBooks, and offers actionable insights through comprehensive reporting and analytics. The solution is designed to reduce manual errors, streamline financial workflows, and support business growth for wholesale distributors, grower-shippers, and other produce industry participants.

Key Features

Automated Bookkeeping Streamlines and automates daily accounting tasks.

• Reduces manual data entry
• Minimizes errors and increases accuracy

Accounts Payable & Receivable Automation Manages and tracks outstanding payments and collections.

• Automated invoice generation and payment reminders
• Real-time status tracking

Integrated Payments & Collections Facilitates seamless payment processing and reconciliation.

• Supports multiple payment methods
• Automated collections and cash application

Financial Reporting & Analytics Provides actionable insights into financial performance.

• Real-time dashboards and custom reports
• Profit margin and cash flow analysis

Third-Party Accounting Integration Connects with external accounting platforms.

• QuickBooks integration
• Data import/export capabilities

Compliance & Traceability Ensures financial compliance and audit readiness.

• Detailed transaction logs
• Lot-level traceability for produce businesses

Benefits

Operational Efficiency Automates repetitive financial tasks and centralizes accounting.

• Saves time and reduces administrative burden
• Improves team productivity

Financial Accuracy & Transparency Enhances visibility into financial health and reduces errors.

• Accurate, up-to-date financial data
• Informed decision-making

Cash Flow Optimization Improves collections and payment cycles.

• Faster payment processing
• Better working capital management

Scalability for Growth Supports expanding operations and transaction volumes.

• Adapts to business growth
• Integrates with other Silo modules