Sumly vs a Cyprus accounting firm
The average switch is worth €3,210 a year.
Your yearly bill
The same job, two very different bills
A traditional accounting firm keeps your books in their system and answers by email in a week; with Sumly the books are yours, live, and answers take seconds.
Switching is an afternoon, not a project
Three steps, and the monthly grind is gone.
Connect your bank
Read-only feeds from the banks Cyprus businesses already use. Sumly sees transactions — it can never move your money.
Bring your history
A dedicated opening-balance flow brings in your existing balances — your history stays intact.
Cancel the retainer
From here the AI does the monthly grind and you review. That's the part you were paying a firm for.
Switching, answered
The questions every founder asks before leaving their firm.
Can I switch to Sumly mid-year?
Yes. A dedicated opening-balance flow brings in your existing balances, so you can switch in any month — mid-year included — and your books simply carry on from there.
Do I lose my history when I switch?
No. The opening-balance flow brings your existing balances into Sumly, and your history stays intact.
What if my firm holds my documents?
Going forward, your source documents live in Sumly from day one — every booking stays linked to the file behind it. For prior years, ask the firm to hand over your records; that's standard practice when switching.
Do I still need an auditor?
Yes — the statutory audit stays. Every Cyprus limited company needs an independent auditor to approve the accounts. Sumly never performs the audit itself, but it can arrange an independent auditor for you.
Founders who made the switch
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“We cancelled our €3,000 accounting retainer. Sumly does the boring 90% and flags the rest.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
“No more 11pm spreadsheets from the accountant. Sumly gives me peace of mind at tax time.”
Every month without Sumly costs you about €268.
That's €3,210 a year — the average saving. And switching is an afternoon, not a project.