We Reviewed Mercury’s New Accounting Automation and Here’s Why Mercury and Puzzle Works Better than Mercury and Quickbooks (hint: it’s not Mercury’s fault)
In the fast-paced world of startup finance, accuracy plus efficiency is key. At Puzzle we pride ourselves as getting your books as accurate as possible, as fast as possible. That’s why we’re excited to share our review of Mercury’s new accounting automation and why Puzzle’s direct integration with Mercury works better and can save you significant time and effort compared to Quickbooks or Xero.
Puzzle directly ingests Mercury’s API into its system, capturing not just transactions but detailed metadata such as transaction descriptions, memo fields, additional notes, wire details and most importantly - bank statements. This is in stark contrast to data being pushed into Quickbook's data quarantine, where you have to manually review it and push it to the general ledger, and still requires manual bank reconciliations to assure you have all the data. Both rely on humans to oversee and validate, creating manual work in ledgers like QBO.