Strongbox beats Codat.io every time
In every side-by-side evaluation of Strongbox vs Codat, Strongbox wins
Strongbox is the top solution that Lenders and Accountants choose every time because it is simply better than Codat in every way.
If you are considering Codat, read on because there is a better way, not to mention, Strongbox is less expensive than Codat.
Tribal is the industry leader which provides modern payment methods and financial tools to their customers to streamline financial gathering.
Strongbox is a breakthrough tool that we can use to better understand customers and deepen that relationship by providing a secure, simple, and easy way for customers to share their information.
Strongbox is helping us gain key financial data insights, allowing us to better support our customers’ growth
President & COO
Strongbox delivers feature for feature what Codat does and then goes beyond - way beyond.
Link to Accounting Systems
Gather Raw Data
Normalize the data via rules
Export Data in multiple data outputs (Json, CSV, etc)
API for simple integration
Strongbox is simply better than Codat
See the breakthrough features that make Strongbox simply a step-ahead
Ease of onboarding & integration
3 easy ways to integrate:
Full customization via coding
Direct API access
Gives you full integration and customization into your existing application or service.
Drag and drop the widget into your application or service where you can set the fonts, colors and other UI elements and you are up and running in minutes.
Requires minimal coding (anyone can do this)
White-labeled web portal
Give us your logo and you can have a fully branded web portal up in running in just a day.
No coding required
Strongbox goes way beyond just the RAW data that Codat provides
Producing the raw financial data is certainly a good step, but that leaves you doing all the analysis yourself. Strongbox delivers insights that no other solution on the market can do - ranging from detailed financial statements, standardize financial statements, key ratios & metrics, comprehensive cash flow analysis and much more.
Strongbox gives you all the analysis in Excel the tool you use & love all the time
Unlike other solutions that just shows the data on the website or CSV files, Strongbox instantly generates a ready-to-use financial workbook in Excel.
These are fully formatted with all the deep analysis as well as the formulas (that you expect) and with a tool you use and love all the time!
Plus, you have all the data that you can do anything you want (run scenarios, add your own custom KPIs and more!)
Strongbox provides Intelligent Mapping. Codat is a connection.
A market-leading first, Strongbox transforms a business’ unorganized, non-standard accounts and instantly maps them to your standardized financial layout in minutes, saving you hours of work. This powerful feature is unique only to Strongbox.
We are experts in accounting data and laser focused on it - not just connections.
We have been building financial integrations for over ten years building solutions for Moody's Analytics, Baker Hill and others. CashFlowTool, the #1 cash flow app in the QB marketplace, is built using Strongbox.
Our development team is laser focused on building the best in the market and it shows.
A few other features we geek out on that you will love (or need!):
Fully configurable data collection
Only collect the data that you need. The ability to control exactly what is collected enhances security, privacy, performance, and extensibility.
Anonymize customer and vendor lists
Some clients will not want to share their customers or vendors. No problem as Strongbox can anonymize the lists, while still providing the same financial information and analysis.
Automatic conversion of multi-currency to a single base currency
Industry-standard financial models
View your customer's chart of accounts, or map to the Strongbox standard model, IFRS or directly to your chart of accounts.
Historic snapshots of customer financial data
Allows access to historic data rather than just the latest financials. Now you can "time-travel" through the history of a business.
Read-only access to the books
Never worry that the books could be changed or corrupted because Strongbox only has read-only access.
Don't settle with Codat, pick the stronger choice today!
selected Strongbox over Codat
Fusion selected Strongbox over Codat because of the powerful analysis beyond what Codat has as well as the flexibility of the output.
"We evaluated Strongbox and other accounting system integrators and chose Strongbox for 2 main reasons – super simple to integrate, and the output was far and away much more valuable than we saw from other vendors.”