What is Tyms software?
The Tyms software is an AI-powered accounting and finance automation software that performs bookkeeping and accounting tasks for business owners, accountants, and CFOs. The software recognizes users' promptness and can help in creating charts of accounts, posting to journals, and preparing financial statements.
AI software has become a big deal starting from the invention of ChatGPT. More so, since the invention of bookkeeping and accounting, technological breakthroughs have always had an impact on the profession. Starting from the invention of the Abacus counting machine to integrated circuits and now artificial intelligence, the field of accounting has always had something new to take out of it.
Tyms accounting software makes use of prompts, amongst others, to ensure proper postings and reporting of financial statements for management and other users.
– Jeremiah
Tyms is an online software. Therefore, you do not need to install any application software on your computer before you start using it. All you need is the website link to get started.
Getting started with Tyms
To start using Tyms, you will need to open the website (https://app.tyms.io). As a first-time user, you will need to sign up and be required to put in your names and other information as you can see in the screenshot below. Follow the process to complete your sign-up.
Once you have signed up, you now login, and it will welcome you to your page. Click on your company. In my own case, I am clicking on “Meet Accounting”.
Next, a new page will pop out and request you to type in your “industry”, “role in business”, “current accounting software (if any)”, and “size of team”. Then, click on “Continue”.
On the top of the next page, you will see “Your account is currently inactive and limited, Subscribe now.” Click on it to continue the getting started procedure.
There are several plans you can subscribe to. There is the “starter plan,” “business plan,” “professional plan,” and “ultimate plan.” Use the one that fits your pocket and business. It is best to go for the business plan or professional plan to get the best of the software. I choose the Ultimate plan. This is to enable me to explain every aspect of the software.
Immediately after you complete the payment for the plan, you will be migrated to your company dashboard in the Tyms software. From here, you can carry out several other activities, such as setting up your business properly and your chart of accounts.
Advantages of using Tyms AI Accounting Software
The advantage of using Tyms cannot be overemphasized. First of all, this is the first accounting software that has built-in Artificial intelligence. This thereby streamlines the time it takes to enter financial data and provide financial reports. Therefore, accountants can focus on their strategic role in the business.
AI accounting software will not replace accounting jobs. This is because with artificial intelligence, tedious tasks are reduced, and there will be more time to focus on other tasks.
