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SlickPie
by selecthub
by selecthub
Profile Information Last updated on: 1 July 2024
Profile Information Last updated on: 1 July 2024
We help make selecting a software for your business effortless, economical and efficient.
by selecthub
by selecthub
Profile Information Last updated on: 1 July 2024
Profile Information Last updated on: 1 July 2024
SlickPie was a comprehensive accounting software solution designed for small businesses, offering features such as online invoicing, automated data entry, live bank feeds, financial reports, and more. However, it permanently closed in March 2021.
Given that SlickPie is no longer operational, there is no current implementation process or timeline available for this software. When it was active, the implementation process would typically involve setting up the software, configuring it to meet the specific needs of the business, and training users on how to use its features. The duration of this process would depend on the complexity of the business's requirements and the users' familiarity with accounting software.
Yes, SlickPie software can be customized to fit specific business needs. Here are several data points that highlight its customization capabilities:
1. Invoice Customization:
- Users can create and customize invoices with their own logos and pertinent information. Templates are available for better convenience, allowing businesses to maintain a consistent brand image in their invoicing process[12].
2. Recurring Invoices:
- SlickPie allows the setup of automatic, recurring invoices that can be sent to the same clients under the same conditions. This feature is particularly useful for businesses with regular billing cycles[12].
3. Payment Modes:
- The software supports multiple payment modes, including Visa, MasterCard, American Express, PayPal, and Stripe. This flexibility ensures that businesses can offer their clients various payment options, enhancing convenience and potentially speeding up payment processes.
4. Multi-Currency Support:
- SlickPie includes a multi-currency module, enabling businesses to send invoices and receive payments in different currencies. This feature is essential for companies dealing with international clients and vendors.
5. User Management:
- The software allows the addition of multiple users and companies, including accountants, business partners, staff members, and external companies. This feature supports effective centralization and collaboration within the business.
6. Expense and Transaction Management:
- Users can input expenses and transactions manually or perform automatic scans using the MagicBot feature. This tool helps in attaching source documents or marking billable fees, which can be customized according to the business's expense tracking needs.
7. Tax Management:
- SlickPie enables the management of various tax types, including municipal, state, regional, provincial, and federal taxes. Users can create several tax names and connect them to specific products or recurring transactions, ensuring compliance with different tax regulations.
8. Financial Reporting:
- The software provides detailed financial and management reports, including balance sheets, profit and loss statements, sales tax returns, and more. These reports can be customized and configured on an ad hoc basis to meet specific business requirements[12].
9. Integration with Other Tools:
- While SlickPie has limited integration capabilities, it does support connections with business apps like PayPal, Stripe, and MailChimp. This allows businesses to streamline their operations by integrating their accounting software with other essential tools.
10. Mobile Access:
- The software can be accessed from any iOS, Android, and Windows-based phone or tablet, providing real-time data on the go. This feature is particularly useful for businesses that require mobility and real-time access to their financial data.
These customization features make SlickPie a flexible and adaptable accounting solution for small businesses, allowing them to tailor the software to their specific operational needs.
Here are the details regarding additional costs such as setup fees, maintenance, or support charges for SlickPie software:
1. Setup Fees:
- SlickPie does not charge any setup fees. This is explicitly mentioned in the pricing details where it states "No setup fee".
2. Maintenance Costs:
- There are no specific mentions of additional maintenance costs in the provided sources. The pricing plans cover the features and functionalities offered by the software.
3. Support Charges:
- Starter Plan: This plan is free and includes email support.
- Pro Plan: Priced at $39.95 per month, this plan includes both phone and email support.
4. Premium Consulting/Integration Services:
- SlickPie offers premium consulting and integration services, but the costs for these services are not specified in the provided sources.
Here are the details about the training and support offered by SlickPie to new users:
Training:
1. Knowledge Base/Documentation: SlickPie provides a support knowledge base with guides and documentation to help users get started and learn how to use the various features of the software .
2. Video Guides: There are video tutorials and guides available to walk users through different aspects of using SlickPie .
3. Blogs: SlickPie likely had a blog with tips and articles on using their accounting software effectively [11].
Support:
1. Email Support: All SlickPie plans, including the free starter plan, included email support for users to get assistance [11].
2. Phone Support: The paid Pro plan at $39.95/month provided phone support in addition to email support [11].
3. Training: While not explicitly mentioned, SlickPie may have offered additional training options like webinars or consulting for users who needed more hands-on guidance, especially for the paid premium plans .
SlickPie implemented several robust security measures to protect user data. Here are the key security features:
1. Encryption:
- SlickPie employs military-caliber 256-bit encryption to safeguard user data. This level of encryption ensures that financial information remains confidential and protected from unauthorized access.
2. Access Controls:
- The software includes access control measures, allowing only authorized users to gain access if invited. This helps in preventing unauthorized access to sensitive financial data.
3. Automatic Logout:
- Users are automatically logged out after one hour of inactivity. This feature helps in reducing the risk of unauthorized access if a user forgets to log out manually.
4. Data Centers Security:
- SlickPie's data centers are equipped with biometric systems, video cameras, and 24/7 onsite security guards. These physical security measures ensure that the servers hosting user data are well-protected against physical breaches.
5. Regular Backups:
- Although not explicitly mentioned in the provided sources, regular backups are a common practice in secure accounting software to ensure data can be recovered in case of a breach or data loss.
6. Compliance with Security Standards:
- The use of advanced encryption and access controls helps SlickPie comply with various data protection regulations, ensuring that user data is handled according to industry standards.
These measures collectively ensure that SlickPie provides a secure environment for managing sensitive financial data, protecting it from both digital and physical threats.
SlickPie released updates periodically to ensure the software remained functional and up-to-date with the latest features and security measures. Here are the details regarding the frequency and management of updates:
1. Automatic Updates:
- SlickPie automatically updated bank feeds, simplifying the process for users to understand their balances and keep their financial data current.
2. Update Frequency:
- While the exact frequency of updates is not specified, it is noted that the software had been updated multiple times, with the last known update occurring on September 6, 2016.
3. Management of Updates:
- Updates were managed automatically by the software, meaning users did not need to manually download or install updates. This ensured that users always had access to the latest features and security enhancements without any additional effort on their part.
SlickPie's policy on data ownership and portability can be summarized as follows:
Data Ownership
1. User Control:
- Users retain ownership of their data. SlickPie provides tools and features that allow users to manage their financial data effectively, ensuring that they have control over their information.
2. Data Access and Usage:
- Users can access their data anytime and from any device, including PCs, MACs, smartphones, and tablets. This ensures that users can manage their financial information conveniently and securely.
3. Data Protection:
- SlickPie employs 256-bit encryption to protect user data, ensuring that it is secure from unauthorized access. This level of security is comparable to bank-grade security measures.
Data Portability
1. Right to Data Portability:
- Users have the right to receive their personal data in a structured, commonly used, and machine-readable format. This allows them to move, copy, or transfer their data easily from one IT environment to another without affecting its usability[12].
2. Exporting Data:
- SlickPie allows users to export their financial data, which can be useful for switching to another accounting software or for personal record-keeping. The data can be exported in formats that are easy to understand and use[12].
3. Compliance with GDPR:
- SlickPie's data portability features comply with the General Data Protection Regulation (GDPR), ensuring that users in the European Economic Area (EEA) have control over their personal data and can transfer it to other services as needed[12].
Scaling Up
1. Unlimited Users:
- SlickPie allows the addition of unlimited users, which is ideal for scaling businesses. This means as your organization grows, you can add more team members without additional costs for user licenses.
2. Multiple Companies:
- The software supports multiple companies, allowing businesses to manage the financials of different entities under one account. This feature is beneficial for organizations that expand by creating new business units or subsidiaries.
3. Integration with Payment Platforms:
- SlickPie integrates well with payment platforms like PayPal and Stripe, which can handle increased transaction volumes as the business scales.
Scaling Down
1. Free Starter Plan:
- For smaller businesses or those looking to reduce costs, SlickPie offers a free starter plan. This plan includes essential features like invoicing, expense tracking, and email support, making it suitable for businesses with minimal accounting needs.
2. Pro Plan:
- The Pro plan, priced at $39.95 per month, offers additional features such as phone support and more advanced functionalities. Businesses can downgrade to this plan if they find the need for fewer features or wish to cut down on expenses.
Flexibility
1. No Setup Fees:
- There are no setup fees, making it easier for businesses to switch between plans without incurring additional costs.
2. Automatic Updates:
- Updates are managed automatically, ensuring that businesses always have access to the latest features and security enhancements without manual intervention.
3. Data Portability:
- Users have the right to export their data, which is useful if they decide to switch to a different accounting software. This ensures that businesses can scale down or up without losing access to their financial data.
Contract Renewal
1. Automatic Renewal:
- SlickPie contracts automatically renew at the end of the initial term for the same successive term as the initial term. It is the user's responsibility to monitor, review, and manage the renewal date.
2. Renewal Terms:
- Any renewal will automatically be subject to the latest prices and terms and conditions in operation at the time, unless agreed otherwise. Subscription rates and prices may be updated from time to time and will be effective upon the next renewal date.
3. Notification of Changes:
- Users are responsible for keeping track of renewal dates as SlickPie does not accept responsibility for reminding users of the renewal date.
Contract Cancellation
1. Initial Subscription Term:
- The minimum term of the contract is defined in the order or invoice and shall not be less than 12 months. The order cannot be canceled once the Channel or App is downloaded by any party to the contract.
2. Termination Rights:
- Users have limited rights to terminate their contract during the minimum term as described in Section 8 of the terms and conditions.
3. Cancellation Process:
- To cancel a subscription, users must follow the specific cancellation procedures outlined in the terms and conditions. This typically involves providing notice within a specified period before the renewal date to avoid automatic renewal.
4. Refund Policy:
- SlickPie does not mention a specific refund policy in the provided sources. However, it is common for software services to have a no-refund policy once the service has been used or the initial term has begun[12].
5. Responsibility for Data:
- Users are responsible for the deletion, corruption, or failure to store any content maintained or transmitted by their network. This implies that upon cancellation, users should ensure they have backed up their data.
Additional Considerations
1. Non-Transferable Licenses:
- The subscription is a non-transferable license assigned only for the user's or the organization’s sole use. Users may not allow others to use their software or login details, nor reassign them to any other party.
2. Marketing Use:
- Users agree to allow SlickPie reasonable use of their organization’s name and logo in any marketing material to promote the business relationship, provided that this is carried out in good faith and includes any quotes or endorsements as agreed by both parties.
3. Governing Law:
- The terms and conditions are governed by and construed in accordance with English law. Any disputes shall be subject to the exclusive jurisdiction of the English courts.
SlickPie software meets several compliance standards to ensure that it adheres to regulatory requirements and provides a secure and reliable accounting solution for its users. Here are the key compliance standards and features:
1. Tax Compliance:
- SlickPie helps businesses comply with various tax regulations by providing tools to manage different tax types, including municipal, state, regional, provincial, and federal taxes. Users can create multiple tax names and connect them to specific products or recurring transactions, ensuring accurate tax calculations and reporting.
2. Data Security Compliance:
- The software employs military-grade 256-bit encryption to protect user data, ensuring compliance with data protection standards. This level of encryption is comparable to the security measures used by banks, providing a high level of data security.
3. GDPR Compliance:
- SlickPie complies with the General Data Protection Regulation (GDPR), which is crucial for businesses operating in the European Economic Area (EEA). This compliance ensures that users have control over their personal data and can transfer it to other services as needed.
4. Financial Reporting Standards:
- The software provides detailed financial and management reports, including balance sheets, profit and loss statements, and sales tax returns. These reports help businesses comply with financial reporting standards and provide accurate financial information for decision-making.
5. Audit Trails:
- SlickPie includes features that support audit trails, allowing businesses to track changes and maintain records of financial transactions. This is essential for compliance with auditing standards and for ensuring transparency in financial reporting.
By selecthub