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MagicPay

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Automated accounting solutions streamlining payment processing for businesses.

Overview

MagicPay focuses on record-to-report accounting solutions, offering a platform designed to automate the financial closing process for businesses, particularly those utilizing Wix. The platform aims to streamline tasks such as data entry, reconciliation, and report generation, addressing challenges related to manual payment recording. Its offerings include the MagicPay Invoice & Sync app, which features analytics and reporting tools intended to improve transparency and compliance with accounting standards. The company targets finance teams and Wix users, providing real-time insights into financial health through integration with ERP systems and cloud-based technologies, which may support decision-making and management of the record-to-report cycle.

Key facts

Founded
2019

Business model

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About MagicPay

What does MagicPay do?

MagicPay focuses on record-to-report accounting solutions, offering a platform designed to automate the financial closing process for businesses, particularly those utilizing Wix.

Where is MagicPay headquartered?

MagicPay is headquartered in Boca Raton, United States.

When was MagicPay founded?

MagicPay was founded in 2019.

Which sector is MagicPay in?

MagicPay operates in Finance & Accounting Technology, part of Financial Technology.

Who are MagicPay's competitors?

Companies similar to MagicPay include Khatagram, Klavena, and InView.