Problem: SMEs lack affordable tools for financial oversight, often relying on spreadsheet-based bookkeeping leading to blind spots.
Solution: Upload invoices and bank statements; AI parser normalizes and categorizes them. Real-time dashboards show expense trends, cash flows, and flag anomalies (e.g., duplicate invoices, outlier expenses).
How it Works:
- OCR engine extracts metadata from payments.
- ML clusters transaction categories.
- Dashboard UI highlights monthly summaries, KPIs, and alerts.
Why Now: - Growing demand for smart financial tools among SMEs with limited budgets.
- OCR + ML is mature enough for robust parsing and analytics.
Business Model: - Freemium model: Basic parsing & dashboard (free); premium features (alerts, multi-users) via subscription.
Impact: - SMEs gain better control, reduce fraud risk, and improve financial compliance.