Crypto Data Reconciliation Services for Accounting Firms
We provide low-cost, crypto data reconciliation services tailored for accounting firm partners.
Close your clients' books on time and reduce costs by avoiding use of accountant work hours for crypto data reconciliation.
Crypto Data Experts, Since 2017.
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Ever Growing Ecosystem, Ever Growing Data Complexity
We understood that the accountants spend more than 50% of the time on crypto data completeness checks and errors than bookkeeping during a financial close. Some of the common issues we have identified in the past 5 years in the business:
Direcrepancies in reported balance vs computed balances after 100% data insertion when compared with the block explorer.
Negative balances caused by complex scenarios like contract initiations and use cross-chain bridges.
Missing market data on long-tail assets
in Cost
in Workflows
We will reconcile your crypto ledger 2x faster at a fraction of the cost.
If you have dedicated teams and internal systems build to reconcile, we will take away the burden of hiring and managing professionals in house.
Expert Blockchain Data Analysts
Our service meticulously handles blockchain data, ensuring every transaction is accurately recorded and classified according to your chart of accounts. This precision helps in maintaining clean financial records and supports accurate cost basis tracking, which is crucial for digital.
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Automated Data Reconciliation
We utilize advanced proprietary reconciliation technology to audit and correct data mismatches. Our system identifies discrepancies, aligns transactions with your financial records, and ensures data completeness. Our proprietary real-time platform (Cryptoworth) will streamline operations between the accounting firm and the data reconciliation team who is available at your disposal. This automation reduces the reliance on manual CPA hours, leading to significant cost savings.
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Reduce Time Spent for Financial Close
With our services, you can achieve a more timely financial close as we will reconcile and maintain your ledger ahead of your close deadline. By outsourcing the complex and time-consuming reconciliation tasks to Cryptoworth, your accounting team can focus on more strategic activities, ensuring better-timed financial reporting and improved operational efficiency for your clients.
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Accounting Certification: Get Cryptoworth Certified
Update your accounting practice gaining crypto accounting skills. Provide top-notch service with Cryptoworth’s Digital Asset Accounting Certification.
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Partner at Onchain Accounting
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Streamline crypto accounting to move your business faster