Finsights automates the reconciliation of purchase registers with GSTR 2A and 2B data, ensuring businesses claim accurate Input Tax Credit (ITC) and avoid GST payment errors. By providing daily reconciliation and AI-driven matching, Finsights reduces manual effort and helps businesses identify and follow up with non-compliant suppliers to optimize cash flow. The platform also integrates with Tally to provide mobile and web access to accounting data.
Funding
Funding not disclosed
Founders
Product
Problem
Many businesses struggle with the tedious and error-prone process of reconciling purchase registers with GSTR 2A and 2B data, leading to inaccurate Input Tax Credit (ITC) claims and potential Goods and Services Tax (GST) payment errors. This manual reconciliation process is time-consuming and makes it difficult to identify and follow up with non-compliant suppliers.
Solution
Finsights automates the reconciliation of purchase registers with GSTR 2A and 2B data, ensuring businesses claim accurate Input Tax Credit (ITC) and avoid GST payment errors. The platform provides daily reconciliation and uses AI-driven matching algorithms to reduce manual effort. By identifying discrepancies and non-compliant suppliers, Finsights helps businesses optimize cash flow. The platform also integrates with Tally to provide mobile and web access to accounting data.
Target Audience
The primary users are businesses in India that are subject to Goods and Services Tax (GST) regulations and use Tally for accounting.
Features
- Automated reconciliation of purchase registers with GSTR 2A and 2B data
- AI-driven matching algorithms for identifying discrepancies
- Daily reconciliation reports
- Identification of non-compliant suppliers
- Mobile and web access to accounting data
- Tally integration