Numerand offers an AI-powered platform that automatically captures and extracts data from invoices, receipts, and other financial documents across email, cloud storage, supplier portals, and messaging apps. The extracted data is routed to ERP systems, email, or cloud drives, and synchronized with bank accounts for real‑time reconciliation, anomaly detection, and cash‑flow insights, all secured with end‑to‑end encryption.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses often waste significant time manually collecting, organizing, and reconciling invoices, receipts, and other financial documents from multiple sources, leading to errors, delayed payments, and missed financial insights.
Solution
Numerand provides an AI‑driven platform that automatically captures financial documents from email, cloud storage, supplier portals, and messaging apps such as WhatsApp, Slack, and Teams. The system extracts key data, routes documents to the user’s ERP, email, or cloud drive, and synchronizes with bank accounts to reconcile transactions and flag anomalies. Real‑time financial analysis offers expense and income insights along with personalized recommendations to improve cash flow. Users can manage the workflow through familiar messaging interfaces, while enterprise‑grade encryption ensures data security. The solution scales from single‑company use to accounting firms handling multiple clients, all without requiring changes to existing accounting software.
Target Audience
Primary customers are small‑to‑medium businesses seeking to automate invoice processing and financial analysis, as well as accounting firms that manage multiple client accounts.
Features
- Automated scanning of Gmail, Google Drive, and supplier portals to collect invoices, receipts, purchase orders, and delivery notes
- AI extraction of invoice data and direct export to ERP systems (e.g., Holded, Sage) or email/Google Drive
- Bank account integration for real‑time transaction matching, reconciliation, and anomaly detection
- Messaging‑app integration (WhatsApp, Slack, Teams) with an AI assistant for document management and queries
- Tiered plans offering up to 900 documents per month, multi‑company support, and unlimited users for accounting firms
- Enterprise‑grade security with end‑to‑end encryption and SOC 2 compliance