Common questions
about Rho

Yes, Rho Bill Pay can pay vendors by domestic wire, and Rho does not charge a per-payment fee for domestic wires. If a wire fails and is returned, the receiving bank may deduct a fee of around $20 to $45, which is not a Rho fee. You can pay an individual bill by wire directly in Bill Pay, along with ACH and check, with no per-user fee and no separate Bill Pay subscription.

No, Rho Bill Pay does not charge for ACH payments. ACH is $0 and included with Rho business banking, with no per-user fee and no separate Bill Pay subscription.

File a certificate of incorporation with the Delaware Division of Corporations, either directly or through an incorporation service. Then appoint a registered agent, adopt bylaws, issue founder stock, and apply for an EIN from the IRS.

An LLC is a flexible entity whose profits pass through to its owners' personal tax returns. A C corp pays its own corporate income tax and issues stock, which is what venture investors expect. If you plan to raise a priced equity round, starting as a C corp avoids a conversion later.

A Delaware C corporation is a corporation incorporated under Delaware law and taxed as a separate entity from its owners. It has shareholders, directors and officers, and it is the structure most venture-backed startups use because investors know Delaware's corporate law and its Court of Chancery.

Personal-guarantee cards (most of the bank cards above) report to your personal credit file the same way a personal card does, so on-time payments can help your score and missed payments or high utilization can hurt it. No-personal-guarantee cards like Rho's don't touch your personal credit at all; approval and ongoing use are tied to business revenue and deposits, not your personal credit file.

There's no fixed waiting period. It's tied to when revenue starts moving through a business account, not to how long you've held your first card. Once that revenue exists, Rho's corporate card qualifies on it directly, no credit-building phase required first.

Only through a no-personal-guarantee card that underwrites off business revenue or deposits, like Rho's corporate card, and only once that revenue exists. An EIN alone doesn't unlock a personal-guarantee-free card from a traditional bank; none of the issuers we checked offer that path for a brand-new, no-revenue business.

It depends entirely on whether your startup has revenue yet. If revenue is already moving through a business account, Rho's no-personal-guarantee corporate card pays up to 2% cash back (terms apply) with no fees. If you're pre-revenue or just filed your LLC, Chase Ink Business Unlimited and Wells Fargo Signify Business Cash are the most approvable flat-rate options, both underwritten on the founder's personal credit rather than business history.

Yes. Most major issuers will approve a brand-new LLC based on the founder's personal credit and a personal guarantee, since the LLC itself has no credit history yet to evaluate.

Rho syncs natively with QuickBooks Online, NetSuite, Sage Intacct, and Puzzle.

Every account starts on Daily Terms. Monthly Terms opens once you hold $25,000 at Rho, or $75,000 combined with linked external accounts, subject to underwriting approval. You can only be on one program at a time.

On Daily Terms, standard cashback is 1.25% (terms apply) and Rho Platinum earns up to 2% (terms apply). On Monthly Terms, standard is 1% (terms apply) and Rho Platinum earns up to 1.75% (terms apply). Cashback is capped at $1,000,000 in eligible spend per calendar year across all tiers.

Rho offers a corporate card with no personal guarantee and no personal credit check. Approval rests on the company's financials, and the card is issued to the business, not to a founder personally.

A corporate card is issued to the business and underwritten on company financials. With the Rho Corporate Card, the full statement balance is paid on time each period instead of being carried at interest. A typical business credit card is a revolving line that can carry a balance, and many require a personal guarantee. Rho requires no personal guarantee and no personal credit check.

Plaid connects many banks to many apps through a third party. The Rho API is Rho's own read-only access to your own account data, with no aggregator in between. Both can sit alongside Rho's QuickBooks Online, NetSuite, Sage Intacct, and Puzzle integrations.

Send an access token in the Authorization: Bearer header. Only Account Owners and Admins can create tokens, each token carries the read scopes selected when it is created, and tokens can be revoked at any time. Setting an IP allowlist is optional.

The Rho API v1 has GET endpoints for business, accounts, cards, transactions, statements, invoicing customers and invoices, cashflow and money-movement insights, reimbursements, users, credit programs, and the field catalog. The full list is in the OpenAPI specification at docs.rho.co.

Sign in as an Account Owner or Admin, then go to Settings, Configurations, Access Tokens and create a token. Tokens support an optional IP allowlist and expire on a schedule you set, up to one year. There is no waitlist or approval step.

Yes. Rho runs a production MCP server and is listed in Anthropic's connector directory. Claude is the natively supported client today, and other MCP clients can connect using the MCP guide at docs.rho.co.

Yes. Add Rho from Anthropic's MCP connector directory in Claude, authorize as an Account Owner or Admin, and ask about balances, spend, and statements. The connection is read-only, so Claude cannot move money or change the account.

It depends on whether you need to read data or move money. The Rho API is read-only and available to every Rho customer, with a published OpenAPI specification and a native Claude connection. APIs that can initiate payments suit teams that need to automate transfers.

Yes. Rho API tokens are read-only, so they cannot initiate payments or modify accounts. The public OpenAPI specification lists 10 read scopes and only GET endpoints.

Yes. Rho Invoicing sits inside your Rho business checking account, so invoices go out from the same account that receives the money. Customers pay through a payment portal and do not need a Rho account.

Rho matches incoming payments to the invoice they belong to, so you can see which invoices are paid and which are open without a spreadsheet. Payments from ACH, wire, check, and card all land in your Rho checking account.

Offer both, and steer larger invoices to ACH. On Rho, domestic ACH into your account is $0, while card payments cost 2.9% + $0.30 per transaction, paid by you, so a $5,000 invoice costs $145.30 by card and $0 by ACH. Card payments are available to eligible customers and subject to Stripe verification and approval.

Yes. Recurring invoices are included in Rho Invoicing at no extra cost. You set the invoice up once and it goes out on the schedule you choose, with the same payment portal as a one-off invoice. Mercury, by comparison, includes recurring invoices on its Plus and Pro plans only.

Rho routes each bill to the right approvers before any payment goes out, and flags potential duplicates before payment. Approvers can review bills from the Rho mobile app.

Bill pay sends a payment you have already decided to make. AP software covers the full path before it: invoice capture, approval routing, duplicate checks, payment, and accounting sync. Rho Bill Pay includes all of those steps and is part of Rho business banking at $0 per month.

12 months from when it's earned (terms apply). After that, unredeemed cashback is forfeited.

No. Cashback rates at Ramp, Brex, Mercury, Airwallex, BILL Spend & Expense, and Rho are all subject to each issuer's current terms and can change. Rho's rate specifically (up to 2% Platinum or 1.25% standard on Daily Terms, up to 1.75% Platinum or 1% standard on Monthly Terms, terms apply) depends on meeting ongoing qualification requirements, payroll, revenue, and asset concentration at Rho for Platinum, not a one-time application.

An admin sets limits per employee, department, or card, and can freeze or cancel individual cards without affecting anyone else's. This is handled inside the issuer's own platform rather than through a shared card and a written policy.

A virtual corporate card is a card number issued digitally, without a physical card, that you can use immediately for online purchases, SaaS subscriptions, or a specific vendor. Ramp, Brex, Mercury, Airwallex, BILL, and Rho all issue virtual cards instantly alongside physical ones.

No. None of Ramp, Brex, Mercury, Airwallex, BILL Spend & Expense, or Rho requires a personal guarantee or a personal credit check, so approval and usage don't appear on your personal credit history the way a personal-guarantee business card would.

Yes. Ramp, Brex, Mercury, Airwallex, BILL Spend & Expense, and Rho each issue their card to a registered business entity, not an individual. Rho specifically requires that your business be incorporated in the US with an EIN.

It depends on the issuer. Brex states a minimum cash balance of $50,000 for funded companies or $500,000+ in annual revenue for daily payment terms. Rho's Monthly Terms require $25,000 held at Rho or $75,000 combined with linked external accounts, subject to underwriting. Ramp, Mercury, Airwallex, and BILL don't publish a specific revenue or funding threshold on their own sites as of this writing.

A corporate card is issued based on your company's financials and doesn't require a personal guarantee or a personal credit check. A business credit card almost always requires both, which means it shows up on your personal credit history. Corporate cards are also typically charge cards, meaning the balance is paid off on a schedule rather than carried as revolving debt.

After securing funding, startups need to deploy and manage that capital efficiently. Rho's integrated business banking, corporate cards, and automated bill pay are built to support startup teams moving fast post-raise.

Coinbase Ventures backs early-stage founders, often at the pre-seed and seed stages, with a focus on blockchain infrastructure, DeFi, and Web3 applications. Its portfolio includes foundational projects like the NFT marketplace OpenSea and the decentralized exchange Uniswap.

Legendary Ventures and Blockchain Capital both have experience with secondary markets and private equity, supporting later-stage blockchain companies preparing for an exit such as an IPO or acquisition.

Race Capital and CMT Digital both concentrate on early-stage opportunities in tech and blockchain, supporting startups with a proven product and initial market traction.

Pre-seed and seed funding in blockchain typically comes from firms like Robot Ventures, Coinbase Ventures, and Bloccelerate, which back blockchain and Web3 startups from inception.

Once a round closes, founders need business banking, corporate cards, and bill pay that can keep pace with a fast-moving team. That's the gap Rho's platform is built to fill for startups moving through fundraising.

Tribe Capital uses data science to guide its investments in venture and crypto, including financial services, and StepStone Group also has a strong FinTech focus alongside banking and real estate investment.

Many leading early-stage firms are concentrated in California. Andreessen Horowitz and Sequoia Capital are based in Menlo Park, and General Catalyst has a major San Francisco presence. New York is another major hub, with firms like Insight Partners and BoxGroup active in the seed ecosystem.

Notable seed-stage investors include General Catalyst, StepStone Group, Andreessen Horowitz, and Tribe Capital, among others. They span hubs like California and New York and sectors from enterprise SaaS to fintech.

Seed stage venture capital is often the first institutional funding a startup receives, intended to help the company find product-market fit. It typically follows any capital raised from friends, family, or angel investors, and supports core early-stage activities like product development and acquiring first users.

Mercury publishes its closure policy in its help center ("Understanding account closures and access restrictions," as of 08/02/2026). Three details are worth knowing before you commit: there's no committed timeline for returning funds, Mercury states decisions are, in most cases, final, and there's no formal appeal path.

Mercury has three self-serve software tiers (as of 08/02/2026; monthly billing shown, annual billing is lower): Mercury ($0/mo) includes banking, cards, free bill pay, and unlimited basic invoicing; Mercury Plus (from $29.90/mo) adds recurring invoices, invoice collection by ACH debit, an invoicing API, and unlimited 1099 filings; Mercury Pro (from $299/mo) adds a dedicated relationship manager, $0 ACH debit collection, unlimited invoicing API, and NetSuite categorizations.

Through Mercury Vault, funds held in a Mercury checking or savings account are eligible for up to $5 million in FDIC insurance through sweep networks across Mercury's partner banks.

No. Mercury does not offer phone support on any plan (as of 08/02/2026). Support runs through in-app messaging and email, and a dedicated relationship manager is reserved for the Pro plan, from $299/mo (annual billing is lower).

It refers to federal reporting requirements: banks must file a report for cash transactions over $10,000. It's a compliance rule for the bank, not a limit on how much you can deposit or spend.

Bluevine pairs its checking account with a line of credit for approved customers. It's the one account on this list built around that combination specifically.

It varies. Rho's invoicing is free for every customer. Card payments are available to eligible customers subject to Stripe verification and approval (not guaranteed for every account); when used, they trigger the standard 2.9% + $0.30 processing fee, absorbed by the agency rather than the client. Relay and Bluevine both offer invoicing, but neither publishes a specific fee schedule we could independently confirm live.

If your project accounting runs through NetSuite, Sage Intacct, or QuickBooks Online, prioritize a bank with a native two-way sync to that platform over one that only offers a bank-feed connection, which typically means less automation and more manual matching.

It can, especially on categories like software and travel that agencies spend heavily on, but check the cap. Rho's cashback, for example, applies up to $1,000,000 in eligible spend per calendar year (terms apply); above that, it's worth a direct conversation with the provider about how the rest of your spend is treated.

Rho charges $0 on domestic ACH transfers and wires. International payments may carry additional fees, including a 1% foreign currency conversion fee, a $15 SWIFT fee, and a $30 wire recall fee on international USD wires. International payments reach 200+ countries and territories in 22 currencies through Wise US Inc., with a few exceptions (GBP is not supported for SWIFT transfers, PKR is not supported for business payments).

A fintech platform like Rho is not itself a bank. It provides the account experience while partner banks hold the deposits: Webster Bank, a division of Santander Bank, N.A., for Rho checking. The trade-off is physical infrastructure. Online-first accounts typically have lower fees and faster setup, while branch banks offer in-person cash deposits.

Open a separate Rho Business Savings Account, which spreads deposits across a network of 400+ partner banks for up to $75M in FDIC coverage per entity¹. Rho checking itself is insured up to $250,000 per entity through Webster Bank, a division of Santander Bank, N.A. The $75M figure reflects network capacity and is not a guarantee.

Yes. Rho Business Checking has no monthly fee, no per-user fee, and no minimum balance fee. Mercury and Relay also list $0 tiers (Mercury's free tier, Relay's Starter plan), with paid tiers at $29.90 and $299 per month for Mercury, and $30 and $90 per month for Relay, as of 10/05/2026.

The right account depends on your entity, balances and tools, so compare four things: monthly fees, how deposits above $250,000 are insured, accounting integrations, and support hours. Rho Business Checking has no monthly, per-user, or minimum balance fees, $0 ACH and domestic wire fees, and an optional separate Savings Account with up to $75M in FDIC coverage per entity¹. It is built for US-incorporated LLCs and C corporations.

Non-SWIFT international payments typically settle in 1 to 3 business days. SWIFT payments take 4 to 5 business days, plus up to 2 additional days if currency conversion is involved. Actual timing depends on the destination country's banking infrastructure.

International wires typically route through one or more correspondent banks, and depending on how fees are split between sender and recipient, some of that cost can come out of the transfer amount itself. This is standard across international wires generally, not specific to Rho.

No. Rho converts and sends in the destination currency but doesn't hold balances in other currencies or offer local receiving accounts. Companies that need to hold money in GBP, EUR, or another currency should look at a dedicated multi-currency platform like Wise Business or Airwallex.

Yes. Rho sends international and foreign-currency payments to 200+ countries and territories in 22 currencies, through a partnership with Wise US Inc. A few exceptions apply: GBP isn't supported for SWIFT transfers and PKR isn't supported for business payments, so confirm your specific currency before sending.

It varies widely, and most platforms on this list don't publish specifics beyond "live chat" or "email support" in their help docs.

Rho is the exception: it publishes 24/7 human support by phone, chat, or SMS, with dedicated account management added for growth-stage and qualifying clients. For the rest of this list, treat "support" as an open question to confirm directly before you switch.

Not inherently, as long as the fintech partners with an FDIC-insured bank and is transparent about which one. None of the 11 platforms compared here, including Rho, is itself a bank; each routes deposits to a chartered bank partner, which is exactly what the FDIC coverage row in the table above is built to show.

The real risk isn't the fintech wrapper. It's not knowing whether a given balance sits behind FDIC coverage, SIPC coverage, or neither, which is why that distinction gets its own section above rather than a footnote.

Nine of the 11 platforms compared here have a genuinely free base tier with no monthly fee: Bluevine (Standard), Brex (Essentials), Found (free tier), Grasshopper, Mercury (free tier), Novo, Ramp, Relay (Starter), and Rho.

Lili and Wise don't publish a flat monthly account fee either, though Lili's paid tiers add features for a cost, and Wise charges per-transaction wire fees instead of a monthly fee.

On speed, Found and Rho both publish sub-10-minute claims; several others describe opening as "a few minutes" without a specific number. On cost, nine of the 11 platforms here charge $0 for a base account (see "Which bank gives a free business account?" below for the full list).

Any platform on this list serves an LLC, since incorporation requirements (where they exist, like Rho's) are built around having a formal business entity, not a specific entity type.

The better question is which FDIC ceiling, fee structure, and sub-account setup fits the LLC's cash balance and operating complexity, which the table above is built to answer directly.

There isn't one universal answer; it depends on what the business needs most.

A business that wants the highest FDIC coverage ceiling on idle cash looks at Grasshopper or Rho's Business Savings Account. One that wants a hard sub-account limit it can plan around looks at Relay. A sole proprietor without an LLC has a shorter list, since several platforms on this page, including Rho, require incorporation.

A business that wants to move idle cash into a higher-yield Treasury sweep without tying up $250,000 to get started looks at Rho, whose $50,000 Treasury minimum is a fraction of Mercury's entry point for the equivalent product.

A directly chartered bank, like Grasshopper Bank, N.A., holds its own OCC or state charter and its own FDIC insurance certificate; there's no separate institution behind it. A partner-bank model, which Rho, Mercury, and Brex all use in some form, means a fintech company provides the software and customer experience while a separately chartered, FDIC-insured bank actually holds and insures the deposits. Both structures are FDIC-insured for deposit products; the difference is in who holds the charter.

Safety comes down to two separate things: who holds the charter, and how much of a deposit is FDIC-insured. A directly chartered bank like Grasshopper Bank, N.A. holds its own OCC charter and FDIC certificate. A fintech on a partner-bank model, like Rho, Mercury, or Brex, is only as safe as the FDIC-insured bank actually holding the deposits behind it, since standard FDIC coverage runs up to $250,000 per depositor at that bank, with higher capacity available through multi-bank deposit networks at several of the companies in this comparison. Neither structure is inherently unsafe; the difference is which institution's charter and insurance you're actually relying on.

It depends on which account you land in. Grasshopper's DepositAccounts score is 1 out of 5 across 12 reviews, and a Reddit thread on r/dropshipping describes account freezes and delayed ACH during compliance reviews, while U.S. News and REtipster describe a solid core product with a limited feature set. The direct bank charter and the Fund & Sponsor Banking practice are real strengths; the compliance-review experience some customers describe is a real risk to weigh against them.

Grasshopper Bank, N.A. is owned by Grasshopper Bancorp, Inc., a privately held bank holding company. It isn't a subsidiary of a larger financial institution. Enova International's proposed $369 million acquisition of Grasshopper fell through in September 2026 when Enova withdrew its OCC and Federal Reserve applications, and Grasshopper remains independently owned today.

Grasshopper's Innovator Business Checking account carries a $0 monthly fee, with a $100 minimum opening deposit. Outgoing domestic wires are listed at $5 on Grasshopper's own pricing page, though a third-party aggregator shows $10, so it's worth confirming the current fee directly with Grasshopper before opening.

Brex doesn't publish a dedicated fund-banking product; its venture-capital tie is being VC-backed itself, not a bank serving funds as customers.

It depends on what the fund needs. Mercury's VC-funds product (separate fund, SPV, and management-co accounts, venture debt, a flat 1.5% cashback card) is live and well-regarded, but it has no capital call lines or GP term loans. If fund-level lending is the requirement, Grasshopper is currently the only name in this comparison that offers it.

It's a dedicated banking and lending practice for VC and PE funds, offering GP term loans (financing up to 70% of a general partner's own commitment to its fund) and capital call lines of credit. In 2024, Grasshopper reported 66 new Fund & Sponsor Banking clients and $147.3 million in total Fund Banking commitments.

Not as a marketed offering. Grasshopper's own FAQ classifies cryptocurrency transactions and entities as "regulated and specialized business activities" requiring extra documentation and licensing, not a promoted niche the way its fund-banking practice is.

No, not anymore. Enova International signed a definitive $369 million agreement to acquire Grasshopper in December 2025, then withdrew its OCC and Federal Reserve applications on September 14, 2026, citing regulatory and political pressure after 20 state attorneys general opposed the deal. Grasshopper remains independent as of this writing.

Yes. Grasshopper Bank, N.A. is a federally chartered, OCC-regulated national bank, Member FDIC, with its own FDIC certificate. It is not a fintech operating on a partner bank's charter, which is a genuine structural difference from most of the alternatives on this list.

Rho is the best overall alternative for startups and fintechs that want banking, corporate cards, and Bill Pay in one place at $0 software cost. It doesn't match Grasshopper's direct bank charter or its fund-lending products, but it solves the balance-gated debit card and split-review-score issues that show up in Grasshopper's own customer feedback.

Yes. Rho syncs directly with QuickBooks Online, along with NetSuite, Sage Intacct, and other accounting platforms.

All three are US-banking-first products rather than direct Airwallex substitutes, and the differences come down to specifics. Mercury's Treasury minimum is $250,000 against Rho's $50,000.

Brex's card rewards run richer for travel and software spend, structured as points rather than flat cashback, and its FX rate markup (up to 3%) runs higher than Wise's or Airwallex's. Among the three, Rho pairs Bill Pay at no software cost and invoicing with a sub-$100,000 Treasury minimum on the same $0 platform.

For a company whose actual Airwallex usage is light, occasional international wires alongside domestic banking needs, opening a Rho account and moving domestic banking, cards, and Bill Pay over is a standard bank-switch process.

For a company using Airwallex's multi-currency account holding or local receiving accounts as core infrastructure, Rho isn't a like-for-like replacement, and switching would mean giving up that capability rather than migrating it.

Rho is a US banking platform: checking, cards, Bill Pay, invoicing, and Treasury, with international wires handled through a Wise US Inc. partnership. Airwallex is a global multi-currency payments and card platform built for companies whose operations span currencies and borders as a core function, not an occasional one. They solve different problems more than they compete head-to-head.

Not to the same extent. Rho supports outbound international and foreign-currency payments to over 200 countries and territories across 22 currencies, through a partnership with Wise US Inc., carrying a 1% FX fee and a $15 SWIFT fee that is mandatory rather than optional in some corridors.

What Rho doesn't offer is a multi-currency account: holding balances in other currencies, local receiving accounts, or Airwallex-style FX-rate infrastructure. For a company whose international need is occasional outbound wires, that's usually enough. For a company that needs to hold and move money natively across currencies, it isn't.

Rho checking is FDIC-insured up to $250,000 per entity (not per account) through Webster Bank, a division of Santander Bank, N.A. Savings account services, provided through American Deposit Management Co. and its partner bank network, carry separate coverage limits. Rho Treasury products are not deposits and are not FDIC-insured; see the disclosure at the end of this article for the full scope.

Rho's checking and card services are provided by Webster Bank, a division of Santander Bank, N.A., Member FDIC, and by Lead Bank, Member FDIC; see the disclosure at the end of this article for Rho's full fintech/banking-partner structure.

No. Airwallex US, LLC is registered with FinCEN as a Money Services Business, not a bank. It partners with Evolve Bank & Trust, a Member FDIC institution, for payment services on some US accounts, with pass-through FDIC coverage capped at $250,000 rather than direct bank-level coverage.

Only loosely. Stripe is a payment-processing platform built for accepting online payments, not a business bank account or a multi-currency holding platform, so the two overlap mainly around card checkout and currency conversion, not core banking. If your Airwallex search is really about US business banking, cards, and cash management rather than payment processing, Stripe isn't the comparison you need; Rho, Mercury, or Brex are.

Neither is strictly better; they solve overlapping but different problems. Wise's FX pricing (from 0.23%) undercuts Airwallex's (0.5% to 1%) for straightforward conversion, and Wise has no monthly fee.

Airwallex offers a broader platform around the FX, including card programs and yield on held balances by plan tier. A company converting currency often and simply may prefer Wise's pricing; a company that wants more built-in platform features around the FX may prefer Airwallex.

In the current market, Airwallex is most often compared to Wise Business, Revolut Business, Payoneer, and Stripe for multi-currency payments, FX, and card issuance. Mercury, Brex, and Rho are US-banking-first platforms that overlap with Airwallex on cards and cash management but don't compete directly on multi-currency infrastructure.

It depends on how central multi-currency operations are to your business. If international payments are occasional and your bigger need is US banking, cards, and cash management, Rho, Mercury, or Brex are the better starting point. If multi-currency holding and FX are the core of what you do, Wise Business or Revolut Business are closer substitutes for Airwallex's actual product.

Bluevine, Mercury, Relay, and the Rho banking platform are all examples of the model: technology companies that partner with chartered banks rather than holding a banking license themselves.

A few companies have made the jump from fintech to chartered bank rather than staying partnered with one, but that's the exception, not the rule. Most fintech banking platforms, including Bluevine, Mercury, Relay, and Rho, still operate on the partner-bank model.

A chartered bank holds a banking license, is directly regulated as a depository institution, and carries FDIC insurance in its own name. A fintech doesn't hold that license. It partners with a chartered bank to offer banking services, and FDIC coverage passes through that partner rather than attaching to the fintech itself.

A month-end close is the set of steps a company runs after a month ends to confirm its books are complete and accurate. For a startup, the work is mostly four things: reconcile bank and card activity to the ledger, code every transaction to an account and vendor, review for missing receipts and uncategorized items, and lock the period so reports for investors and tax do not shift.

Coding is the step that repeats: the same vendors, the same accounts, the same decisions, every month. Rho Close drafts a first pass at that step for you to review. Reconciling, reviewing, and locking the period stay with you and your accountant.

Rho Close is month-end close software that drafts a suggested category for every transaction from your own chart of accounts, vendor history, and past coding. You generate suggestions when you want them, review them, and accept or override each one.