We are thrilled to share an inspiring and insightful conversation between our co-founder, Leeroy Beeby, and CanadianSME Small Business Magazine, featured on their podcast. Leeroy, with his extensive background in accounting and consulting, delves into the challenges small businesses face in bookkeeping and how our innovative solution, Level Copilot, is addressing these pain points. If you haven’t already, check out the full video below.
Why Accurate Bookkeeping is Crucial for Small Businesses
In the interview, Leeroy emphasizes the importance of knowing your numbers to make informed decisions. Many small businesses face challenges in bookkeeping due to limited resources or lack of expertise. Often, bookkeeping is handled by someone without formal training or by entrepreneurs juggling multiple roles. These situations can lead to costly errors, such as unexpected tax liabilities or unreliable financial data, which may not come to light until it’s too late.
Leeroy highlights that even modern bookkeeping tools designed for ease of use may unintentionally leave out crucial financial details. This gap underscores the need for more proactive and intelligent solutions to prevent errors before they snowball into bigger issues.
How Level Copilot Addresses These Challenges
Level Copilot is designed to act as a supportive co-pilot for bookkeepers, providing timely feedback on bookkeeping transactions within 24 hours. By flagging unusual transactions and potential errors, Level Copilot helps users:
Gain confidence in their bookkeeping decisions.
Learn on the job with timely feedback.
Prevent repeated mistakes by addressing issues early.
As Leeroy explains, the tool is not about ensuring perfect bookkeeping but empowering users with guidance and insights to improve accuracy over time. For instance, Level can detect duplicate expenses, missing vendor or customer information, and inconsistent tax treatments—common issues that can disrupt financial management.
The Story Behind Level Copilot
The journey of Level Copilot began as an internal tool to help Leeroy’s rapidly growing bookkeeping firm provide timely feedback to their team. Faced with the challenge of giving feedback weeks after mistakes occurred, they developed Level Copilot to streamline training and improve the quality of their bookkeeping. The tool’s success internally inspired the team to offer it as a standalone product for small businesses and accounting firms.
Affordable and Easy to Use
Level Copilot is accessible, with a pricing model starting at just $2.50 per client file per month and a 30-day free trial. It integrates seamlessly into existing workflows, making it an ideal solution for businesses of all sizes. Whether you’re a solo bookkeeper or managing a team, Level Copilot simplifies error detection and helps maintain financial accuracy.
Join the Movement
As Leeroy eloquently put it, "Technology isn’t here to replace us but to support our goals and streamline our work." If you’re ready to transform your bookkeeping process and stay ahead of errors, give Level Copilot a try!