Regate by Qonto

About Regate by Qonto

Regate is a finance automation platform that centralizes accounting management by automating invoice processing, bank reconciliations, and document management using AI technology. This solution enhances collaboration between SMEs and their accountants, significantly reducing administrative workload and improving financial oversight.

```xml <problem> Small and medium-sized enterprises (SMEs) often face challenges in managing their finances due to manual processes, leading to inefficiencies and potential errors in accounting. The lack of a centralized system for invoice processing, bank reconciliations, and document management can hinder collaboration between SMEs and their accountants, resulting in increased administrative burdens and reduced financial visibility. </problem> <solution> Regate, by Qonto, is a finance automation platform designed to streamline accounting management for SMEs by centralizing key financial processes. The platform automates invoice processing through intelligent document capture and data extraction, reducing manual data entry and improving accuracy. Bank reconciliations are simplified with automated transaction matching and categorization, ensuring up-to-date financial records. A centralized document management system provides a secure and accessible repository for all financial documents, facilitating seamless collaboration between SMEs and their accountants. Regate integrates with leading accounting software, enabling a smooth flow of data and eliminating the need for manual data transfer. The platform also offers features for client invoicing, payment management, and financial reporting, providing a comprehensive solution for managing SME finances. </solution> <features> - Automated invoice processing with OCR technology for data extraction - AI-powered bank reconciliation for automated transaction matching - Centralized document management for secure storage and easy access - Client invoicing module for creating and sending professional invoices - Payment management features for scheduling and tracking payments - Real-time financial reporting and customizable dashboards - Integration with popular accounting software (Sage, Cegid, ACD, MyUnisoft) via APIs - Mobile application for on-the-go access and document capture - Support for electronic invoicing (e-invoicing) and Factur-X format </features> <target_audience> Regate by Qonto primarily targets small and medium-sized enterprises (SMEs) and accounting firms seeking to automate financial processes, improve collaboration, and gain better financial oversight. </target_audience> ```

What does Regate by Qonto do?

Regate is a finance automation platform that centralizes accounting management by automating invoice processing, bank reconciliations, and document management using AI technology. This solution enhances collaboration between SMEs and their accountants, significantly reducing administrative workload and improving financial oversight.

When was Regate by Qonto founded?

Regate by Qonto was founded in 2023.

How much funding has Regate by Qonto raised?

Regate by Qonto has raised 19200000.

Founded
2023
Funding
19200000
Employees
109 employees
Major Investors
Valar Ventures
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Regate by Qonto

Score: 100/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Regate is a finance automation platform that centralizes accounting management by automating invoice processing, bank reconciliations, and document management using AI technology. This solution enhances collaboration between SMEs and their accountants, significantly reducing administrative workload and improving financial oversight.

Funding

$

Estimated Funding

$19.2M+

Major Investors

Valar Ventures

Team (100+)

Pierre Kalil

VP Sales

Company Description

Problem

Small and medium-sized enterprises (SMEs) often face challenges in managing their finances due to manual processes, leading to inefficiencies and potential errors in accounting. The lack of a centralized system for invoice processing, bank reconciliations, and document management can hinder collaboration between SMEs and their accountants, resulting in increased administrative burdens and reduced financial visibility.

Solution

Regate, by Qonto, is a finance automation platform designed to streamline accounting management for SMEs by centralizing key financial processes. The platform automates invoice processing through intelligent document capture and data extraction, reducing manual data entry and improving accuracy. Bank reconciliations are simplified with automated transaction matching and categorization, ensuring up-to-date financial records. A centralized document management system provides a secure and accessible repository for all financial documents, facilitating seamless collaboration between SMEs and their accountants. Regate integrates with leading accounting software, enabling a smooth flow of data and eliminating the need for manual data transfer. The platform also offers features for client invoicing, payment management, and financial reporting, providing a comprehensive solution for managing SME finances.

Features

Automated invoice processing with OCR technology for data extraction

AI-powered bank reconciliation for automated transaction matching

Centralized document management for secure storage and easy access

Client invoicing module for creating and sending professional invoices

Payment management features for scheduling and tracking payments

Real-time financial reporting and customizable dashboards

Integration with popular accounting software (Sage, Cegid, ACD, MyUnisoft) via APIs

Mobile application for on-the-go access and document capture

Support for electronic invoicing (e-invoicing) and Factur-X format

Target Audience

Regate by Qonto primarily targets small and medium-sized enterprises (SMEs) and accounting firms seeking to automate financial processes, improve collaboration, and gain better financial oversight.