Clearfacts provides a pre-accounting solution that enables accountants and SMEs to securely share documents, validate invoices, and receive AI-generated booking proposals for efficient financial management. This platform enhances visibility into key financial metrics while automating payment processes, significantly reducing administrative burdens for users.
Funding
Funding not disclosed
Founders
Product
Problem
Accountants and SMEs often face challenges in efficiently managing financial documents, validating invoices, and generating accurate booking proposals, leading to increased administrative overhead and potential errors. Sharing documents securely and maintaining real-time visibility into financial metrics can also be difficult.
Solution
Clearfacts provides a pre-accounting solution designed to streamline financial management for both accountants and SMEs. The platform enables secure document sharing and invoice validation, while also leveraging AI to generate reliable booking proposals. Clearfacts automates payment processes and offers a clear view of key financial metrics through seamless integration with existing accounting software. By digitizing the pre-accounting process, Clearfacts reduces administrative burdens and enhances collaboration between accountants and their clients. The platform also includes Kyte, a module that simplifies e-invoicing for micro-enterprises and freelancers, ensuring compliance with digital invoicing mandates via the Peppol network.
Target Audience
Clearfacts primarily targets accountants and small to medium-sized enterprises (SMEs) seeking to optimize their pre-accounting processes, as well as micro-enterprises and freelancers needing a simple e-invoicing solution.
Features
- Secure document sharing and receiving through various input options
- Invoice validation within a client portal
- AI-powered recognition module that converts data into digital formats
- Automated booking proposals that learn and adapt over time
- Automated payment execution after approval
- Real-time insights into key financial metrics through bi-directional communication with accounting software
- Integration with multiple accounting software packages
- Kyte module for simplified e-invoicing, including customizable templates and Peppol network connectivity
- AI-driven error detection in invoice fields with targeted feedback
- Automatic population of customer/supplier data based on address information
- Continuous updates and improvements through short research and development cycles
- Secure data storage and transfer with authentication and encryption