Co-Founder & CEO
Profile summary: BS in Computer Science at University of California, Berkeley
Ytems
Ytems provides a real-time accounting platform for professionals in the liberal professions, automating the generation of BNC accounting entries with minimal user input. This solution eliminates the need for manual updates, allowing accountants to focus on delivering strategic advice while ensuring clients have instant access to their financial data.
- Enterprise Software
- Financial Technology
- Software Only
Updated 7 months ago
Funding
Raised to date
$0Raised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
across 1 round
MI
RoundDateAmountValuationInvestors
Founders
Product
Problem
Liberal professionals often face challenges in managing their accounting, requiring manual data entry and updates, which can be time-consuming and prone to errors. This can distract from core business activities and hinder access to real-time financial insights.
Solution
Ytems provides a real-time accounting platform designed for liberal professionals, automating the generation of accounting entries with minimal manual input. The platform connects securely to professional bank accounts, automatically associating transactions with invoices and extracting key financial data. Users can transmit documents and receipts via a mobile app, which are then time-stamped and integrated into the accounting system. This automation reduces the administrative burden on professionals, allowing them to focus on their core expertise while providing instant access to validated financial data.
Target Audience
Ytems primarily targets accounting firms and their clients in the liberal professions (BNC), as well as other business structures such as SCM, SCP, SCI, LMNP, BIC, and SELARL.
Features
- Secure synchronization with professional bank accounts
- Automated association of invoices and transactions
- Mobile app for simplified document transmission with certified time-stamping
- Real-time key figure reporting validated by accounting experts
- Automatic generation of accounting entries
- Real-time monitoring dashboard with alert system
- Simplified configuration of reminders and requests for missing documents
- One-click integration of FEC files and associated documents into existing production tools