Silverfin
Cloud compliance platform for accounting firms, covering working papers, accounts production and tax computations with an AI assistant that checks every file.
Some outbound links may earn The AI Ledger a commission. Editor scores and verdicts are never influenced.
About Silverfin
Silverfin streamlines month-end close processes with automated data gathering, standardised templates, and collaborative workflows.
Key Features
- Automated working papers
- Standardised workflows
- Real-time collaboration
- Regulatory compliance templates
- Client portal
Our in-depth review
Silverfin is cloud compliance and post-accounting software for practices, pulling client data into a single structured hub and automating accounts production, working papers and compliance workflows with a layer of AI.
What it does well: it removes data silos. Silverfin takes financial data directly from client systems so you stop manually downloading and rekeying, and it auto-generates much of the everyday bookkeeping and compliance prep. AI mapping standardises client files into a common chart of accounts for portfolio-wide insight, and secure cloud access with full activity logs supports remote teams and audit trails.
Where it falls short: it is a compliance and practice tool, not a general ledger or ERP, so you still need accounting systems underneath it. Its value depends heavily on the maturity of local statutory accounts and tax templates, so coverage can be uneven across jurisdictions, and template-based automation needs upfront configuration and ongoing upkeep as rules change. Very complex or niche books may not fit cleanly.
Best for: accounting firms that want to standardise and automate accounts production and compliance across a client portfolio, in jurisdictions Silverfin supports well.
Verdict: a powerful way to industrialise compliance work for firms with the volume to justify the setup. Check the template coverage for your country and client types first, since that is what makes or breaks the value.
At a glance
- Category
- Month-end close
- Best for
- 11–50 practice
- Editor's score
- 4.5 / 5
- Pricing
- Annual per-client-file pricing from a 50-file minimum, billed quarterly on a 12-month default term, with no per-user fees. Published UK examples are £100 per file per year at 125 files and £60 per file per year at 2,000 files; Accounts Production, Corporation Tax and Silverfin Assistant are priced as add-on modules. Quotes via silverfin.com.
- Last verified
- 2026-09-15
A powerful way to industrialise compliance work for firms with the volume to justify the setup; check template coverage for your country first.
Integrations
- Xero
- QuickBooks
- Sage
- Excel/Sheets
Get the weekly brief
New AI tools for accountants land every week. Get the 5-minute Friday brief, free.