Vuala automates the extraction and transfer of invoices from over 7,000 sources, including emails and online portals, directly into accounting systems like QuickBooks and Xero. This technology eliminates manual data entry errors and reduces the time spent on invoice management, enhancing financial workflow efficiency for small and medium-sized enterprises.
Funding
$471.7K raised to dateRaised 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.
Founders
Product
Problem
Many small and medium-sized enterprises (SMEs) face challenges in managing invoices, often relying on manual data entry, which is time-consuming and prone to errors. Finance teams spend significant time chasing invoices from emails, online portals, and various team members, leading to delays in accounting and potential loss of tax deductions.
Solution
Vuala offers an intelligent invoice management platform that automates the extraction and organization of invoices from over 7,000 sources, including email inboxes and online supplier portals. Using AI-powered technology, Vuala automatically captures invoice data and seamlessly transfers it to popular accounting systems, such as QuickBooks, Xero, and Pennylane. This eliminates manual data entry, reduces the time spent on invoice collection, and ensures that accounting records are up-to-date. Vuala's centralized dashboard provides a comprehensive view of all invoices, enabling businesses to maximize tax deductions and improve financial workflow efficiency.
Target Audience
Vuala is designed for small and medium-sized enterprises (SMEs), accountants, and finance teams who struggle with manual invoice management and seek to automate their financial workflows.
Features
- Automated invoice extraction from email accounts (Gmail, Outlook) and over 7,000 online portals (e.g. Amazon Business, Google Ads, Meta Ads)
- Direct integration with accounting software such as QuickBooks, Xero, Pennylane, Holded, Qonto, Inmatic, and Hubdoc
- Centralized dashboard providing a bird's-eye view of all invoices
- Real-time invoice processing and categorization
- Developer API for seamless integration with other software platforms
- AI-powered data extraction to minimize manual input and errors
- Automated notifications for missing invoices