Afino

About Afino

Afino provides a financial management system that automates bookkeeping, accounts payable, and tax processes through AI-driven data integration and real-time analytics. This technology enhances operational efficiency and accuracy, enabling companies to make informed financial decisions quickly while ensuring compliance and minimizing tax liabilities.

```xml <problem> Many companies face challenges in maintaining accurate and timely financial records due to manual bookkeeping processes, leading to errors, delays, and difficulties in making informed business decisions. Managing accounts payable, accounts receivable, and tax compliance can be time-consuming and complex, diverting resources from core business activities. </problem> <solution> Afino offers an AI-powered financial management platform that automates bookkeeping, accounts payable, and tax processes, providing real-time visibility into a company's financial health. The platform integrates with existing systems to streamline transaction management, automate invoice collection, and ensure accurate financial reporting. By leveraging AI and data integration, Afino enhances operational efficiency, minimizes errors, and enables businesses to make data-driven decisions quickly. The platform also offers comprehensive tax planning and preparation services to ensure compliance and minimize tax liabilities. </solution> <features> - Automated bookkeeping with daily transaction management and reconciliation - Streamlined accounts payable and accounts receivable processes - Real-time financial reporting and KPI dashboards - Comprehensive corporate tax planning, preparation, and filing - R&D tax credit identification and documentation - Fractional CFO services for strategic financial guidance - AI-driven data integration for enhanced accuracy and efficiency </features> <target_audience> Afino primarily targets small to medium-sized businesses (SMBs) seeking to streamline their financial operations, improve accuracy, and gain real-time insights into their financial performance. </target_audience> <revenue_model> Afino generates revenue through subscription fees for its financial management platform and additional charges for fractional CFO services. </revenue_model> ```

What does Afino do?

Afino provides a financial management system that automates bookkeeping, accounts payable, and tax processes through AI-driven data integration and real-time analytics. This technology enhances operational efficiency and accuracy, enabling companies to make informed financial decisions quickly while ensuring compliance and minimizing tax liabilities.

Where is Afino located?

Afino is based in East New York, United States.

When was Afino founded?

Afino was founded in 2024.

Who founded Afino?

Afino was founded by Parshwa Khambhati and Blake Billiet.

  • Parshwa Khambhati - Cofounder/CEO
  • Blake Billiet - Co-founder
Location
East New York, United States
Founded
2024
Employees
3 employees
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Afino

Score: 64/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Afino provides a financial management system that automates bookkeeping, accounts payable, and tax processes through AI-driven data integration and real-time analytics. This technology enhances operational efficiency and accuracy, enabling companies to make informed financial decisions quickly while ensuring compliance and minimizing tax liabilities.

afino.ai200+
Founded 2024East New York, United States

Funding

No funding information available. Click "Fetch funding" to run a targeted funding scan.

Team (<5)

Parshwa Khambhati

Cofounder/CEO

Blake Billiet

Co-founder

Company Description

Problem

Many companies face challenges in maintaining accurate and timely financial records due to manual bookkeeping processes, leading to errors, delays, and difficulties in making informed business decisions. Managing accounts payable, accounts receivable, and tax compliance can be time-consuming and complex, diverting resources from core business activities.

Solution

Afino offers an AI-powered financial management platform that automates bookkeeping, accounts payable, and tax processes, providing real-time visibility into a company's financial health. The platform integrates with existing systems to streamline transaction management, automate invoice collection, and ensure accurate financial reporting. By leveraging AI and data integration, Afino enhances operational efficiency, minimizes errors, and enables businesses to make data-driven decisions quickly. The platform also offers comprehensive tax planning and preparation services to ensure compliance and minimize tax liabilities.

Features

Automated bookkeeping with daily transaction management and reconciliation

Streamlined accounts payable and accounts receivable processes

Real-time financial reporting and KPI dashboards

Comprehensive corporate tax planning, preparation, and filing

R&D tax credit identification and documentation

Fractional CFO services for strategic financial guidance

AI-driven data integration for enhanced accuracy and efficiency

Target Audience

Afino primarily targets small to medium-sized businesses (SMBs) seeking to streamline their financial operations, improve accuracy, and gain real-time insights into their financial performance.

Revenue Model

Afino generates revenue through subscription fees for its financial management platform and additional charges for fractional CFO services.

Afino | StartupSeeker