Silverfin
Cloud working-papers and close platform for accounting firms; UK-strong, DACH-growing.
Primary
Close
Kind
Close
Raised
Acquired by Visma (2023); prior funding ~€30M
Pricing
Enterprise / per-practice licensing
Website
Each dimension is a composite of public signals. The Index is a weighted average; weights are published on the methodology page.
Where the tool plays across the 15-category taxonomy used by this index.
The system of record — chart of accounts, journal entries, trial balance.
Classifying bank and card transactions against a chart of accounts.
Matching ledger entries to bank statements; flagging discrepancies.
Bill capture, vendor management, approval workflows, payment execution.
Invoicing, dunning, collections, payment matching.
Accruals, deferrals, depreciation, task orchestration, review workflows.
P&L, balance sheet, cash flow, variance analysis, board-ready packs.
Income tax, sales tax / VAT / moms, nexus tracking, e-filing.
Documentation, PBC lists, evidence trails, auditor collaboration.
Wage calculation, withholdings, benefits, regulatory filings.
Inter-company elimination, currency translation, consolidated statements.
ASC 606 / IFRS 15 automation, performance-obligation tracking.
Corporate cards, expense policy, reimbursements, spend controls.
Forecasting, budgeting, scenario modeling, variance commentary.
Conversational query, report generation, and action-taking via chat.
Silverfin is the cloud working-papers and close platform that accountancy firms use to standardise period-end workflows across hundreds of client entities. The product connects to whichever ledger the client runs — Xero, Sage, QuickBooks, Exact, Dynamics — and pulls a trial balance into a templated period-end workpaper, where reconciliations, adjustments, and partner review happen in a controlled, version-controlled environment. For UK accountancy firms specifically, Silverfin has become one of the standard tools for handling the volume of statutory and management accounts that mid-tier practices produce.
Founded in Belgium and acquired by Visma in 2023, Silverfin sits comfortably in the "agentic when it counts" bracket. The product doesn't take autonomous action over a client's ledger; it automates the workpaper assembly, variance commentary, and review-trail steps that are traditionally manual within the firm. For close and audit-prep workflows, that is exactly where agentic help is most valuable.
Silverfin's UK local fit is strong, its DACH footprint is growing (particularly in Germany and the Netherlands), and its relevance to Nordic firms is rising through the Visma channel. It is primarily a firm-side tool, not a buyer-side ledger, and is scored accordingly.
Citations
- Silverfin (Visma) — product sitesilverfin.com