BankTree provides personal finance software that can be downloaded on a number of devices. This software helps users better manage their finances while reaching their monetary goals. Upon purchasing, users can immediately download the software and begin tracking their financial situation.
BankTree is a top-performing personal finance management software for users located in the United Kingdom. For years, BankTree has helped their customers find ways to keep their finances on track while increasing their savings and watching their money "grow." The BankTree platform offers a number of software "levels" which allows users to find the best service for their financial situation.
The BankTree platform allows users to manage all of their financial accounts in one application. Additionally, users can set up cash or investment accounts and then from their assign bank details. Users can also set opening balances and close accounts to help with the overall year end. Import bank statements or manually key in payment and receipt details. From there, users can add income, expenditure, and transfers between accounts, split transactions between different categories and transfers. Schedule payments, add payment types, and merge payee details. To better analyze financial data, choose from 10 reports, that show how the finances are doing. Add filters, grouping, currency and charting features. Basically, users can control the following aspect of their finances:
As mentioned previously, there are three forms of software available to BankTree users. Each software system is compatible with varying devices, so it is important to identify on what device a user will most likely access their finances on. The options available through BankTree include: BankTree Personal Finance 3.0, BankTree Mobile, and BankTree 2.0. For informational purposes, BankTree Personal Finance 3.0 and Mobile will be analyzed here:
Prior to purchasing BankTree personal management software, the platform allows for a free 30-day trial period. Users can download the software on their desktop computer or on a mobile device to try out the features before committing to it through payment.
The BankTree platform is for U.K. users and is not available for those in the United States. Since the service is available for only users in the United Kingdom, the accessibility aspect of the platform is a major drawback. It is not necessarily that the software would not be compatible for users in the U.S., but the currency to purchase the software must be done in pounds.
For those hoping to have a SaaS compatible personal management software, BankTree is not right fit. SaaS services allow users to login directly to their account online without having to download any sort of software, app, or system. However, BankTree does not provide that option at this time.