Efficient financial management is critical for any growing business. At devcrm.it, we’ve taken financial operations a step further by developing a powerful custom solution within EspoCRM. This enhancement focuses on the automation of financial statements—both monthly and annually—to simplify our accounting process, reduce manual work, and maintain full traceability of our financial data.
By integrating EspoCRM financial statements into our workflow, we’ve not only improved internal efficiency but also created a solution that can benefit clients looking to gain better control over their business finances.
Monthly and Annual Financial Statements in EspoCRM
We believe that all essential business data should live within one system. That’s why we built Monthly Statements and Annual Statements directly into EspoCRM.
🗓 Monthly Statements
Each month, EspoCRM automatically generates a Monthly Statement, which includes:
- Automatically calculated income, costs, and revenue
- Linked financial records such as Internal Evidences, Bills & Invoices, Expenses, and Charges
- A clear status flow: Open → Pending → Confirmed → Closed
- A ZIP package containing all related financial documents, automatically emailed to our accountant
This automation saves time, ensures accuracy, and keeps our accounting team always up to date.
📆 Annual Statements
Each year, EspoCRM creates an Annual Statement that aggregates all monthly data:
- Total income, costs, and net revenue
- A list of all associated Monthly Statements
- All fields updated automatically
This allows us to analyze and compare financial performance year over year without the need for complex spreadsheets or third-party tools.
Real Business Impact
Since implementing this solution, we’ve experienced:
- ✅ A significant reduction in manual accounting tasks
- ✅ Faster collaboration with our accountant
- ✅ More accurate and consistent reporting
- ✅ Improved financial transparency and audit-readiness
Whether it’s a monthly close or annual review, EspoCRM now handles the heavy lifting, letting our team focus on strategy and growth.
Why It Matters for You
If your business relies on EspoCRM and you’re still handling financial documents manually, there’s a better way. At devcrm.it, we specialize in building custom EspoCRM solutions that automate complex processes—just like our financial statement system.
This kind of setup can be tailored for your own internal use or for clients you manage. It’s ideal for agencies, service providers, and any company needing structured, traceable, and automated financial documentation inside their CRM.
Ready to Simplify Your Financial Workflows?
Our solution is already proving its value in daily operations—and we’re ready to help you do the same. Whether you’re looking to enhance EspoCRM for internal use or deliver a streamlined experience to your clients, our team can design the perfect system.
👉 Contact us to discuss how we can automate your financial reporting and elevate your CRM.
