Bokio

About Bokio

Bokio is an accounting software that integrates automated bookkeeping, invoicing, payroll management, and banking services into a single platform, allowing users to manage their financial operations efficiently. It addresses the complexities of financial administration for small businesses by providing user-friendly templates and automatic suggestions, reducing the need for prior accounting experience.

```xml <problem> Small businesses often struggle with the complexities of financial administration, requiring them to navigate bookkeeping, invoicing, payroll, and banking through disparate systems. This can lead to inefficiencies, increased costs, and a greater risk of errors due to manual data entry and reconciliation. </problem> <solution> Bokio offers an all-in-one accounting platform that integrates automated bookkeeping, invoicing, payroll management, and banking services, streamlining financial operations for small businesses. By consolidating these essential functions into a single system, Bokio eliminates the need for multiple software subscriptions and reduces the time spent on administrative tasks. The platform provides user-friendly templates and automated suggestions, making it accessible to users without extensive accounting experience. With features like integrated banking, users can manage payments, track transactions, and reconcile accounts directly within Bokio, further simplifying their financial workflows. </solution> <features> - Automated bookkeeping with suggested entries based on bank transactions - Integrated banking services, including a business account, bank giro, and company card - Unlimited invoicing and e-invoicing capabilities with customizable templates - Payroll management tools for handling employee salaries, taxes, and employer contributions - Bank connectivity for direct integration with existing bank accounts - Reporting and analytics dashboards for tracking financial performance - Automated creation of NE-bilagan for sole proprietorships - Integration with Årsredovisning Online for generating annual reports and tax returns for limited companies (K2) </features> <target_audience> Bokio primarily targets small business owners and entrepreneurs who need a comprehensive and user-friendly solution for managing their financial operations. </target_audience> <revenue_model> Bokio operates on a subscription-based model, offering tiered pricing plans (Premium and Premium Plus) that include varying levels of features and support. The Premium Plus plan also offers cashback on card purchases and a percentage back on the account balance. </revenue_model> ```

What does Bokio do?

Bokio is an accounting software that integrates automated bookkeeping, invoicing, payroll management, and banking services into a single platform, allowing users to manage their financial operations efficiently. It addresses the complexities of financial administration for small businesses by providing user-friendly templates and automatic suggestions, reducing the need for prior accounting experience.

Where is Bokio located?

Bokio is based in Göteborg, Sweden.

When was Bokio founded?

Bokio was founded in 2015.

How much funding has Bokio raised?

Bokio has raised $20.0M.

Location
Göteborg, Sweden
Founded
2015
Funding
$20.0M
Employees
92 employees
Investors
CreandumTechstarsInboxcap

Bokio

7
Relative Traction Score based on online presence metrics compared to companies in the same age group.

Executive Summary

Bokio is an accounting software that integrates automated bookkeeping, invoicing, payroll management, and banking services into a single platform, allowing users to manage their financial operations efficiently. It addresses the complexities of financial administration for small businesses by providing user-friendly templates and automatic suggestions, reducing the need for prior accounting experience.

bokio.se3K+
Founded 2015Göteborg, Sweden

Funding

No specific funding rounds found.

Total Funding

$20.0M

Backed by

TechstarsChalmers Ventures ABChris AdelsbachCreandumInboxcap

Team (75+)

No team information available.

Company Description

Problem

Small businesses often struggle with the complexities of financial administration, requiring them to navigate bookkeeping, invoicing, payroll, and banking through disparate systems. This can lead to inefficiencies, increased costs, and a greater risk of errors due to manual data entry and reconciliation.

Solution

Bokio offers an all-in-one accounting platform that integrates automated bookkeeping, invoicing, payroll management, and banking services, streamlining financial operations for small businesses. By consolidating these essential functions into a single system, Bokio eliminates the need for multiple software subscriptions and reduces the time spent on administrative tasks. The platform provides user-friendly templates and automated suggestions, making it accessible to users without extensive accounting experience. With features like integrated banking, users can manage payments, track transactions, and reconcile accounts directly within Bokio, further simplifying their financial workflows.

Features

Automated bookkeeping with suggested entries based on bank transactions

Integrated banking services, including a business account, bank giro, and company card

Unlimited invoicing and e-invoicing capabilities with customizable templates

Payroll management tools for handling employee salaries, taxes, and employer contributions

Bank connectivity for direct integration with existing bank accounts

Reporting and analytics dashboards for tracking financial performance

Automated creation of NE-bilagan for sole proprietorships

Integration with Årsredovisning Online for generating annual reports and tax returns for limited companies (K2)

Target Audience

Bokio primarily targets small business owners and entrepreneurs who need a comprehensive and user-friendly solution for managing their financial operations.

Revenue Model

Bokio operates on a subscription-based model, offering tiered pricing plans (Premium and Premium Plus) that include varying levels of features and support. The Premium Plus plan also offers cashback on card purchases and a percentage back on the account balance.

Sources:

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