Wity is a digital accounting platform that provides online bookkeeping, payroll management, and legal support tailored for entrepreneurs, ensuring real-time tracking of financial indicators through a secure, automated system. It addresses the challenges of time-consuming manual accounting processes and late financial reporting by offering dedicated support and streamlined services starting at €29 per month.
Funding
$5M 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
Entrepreneurs often face challenges with time-consuming manual accounting processes and struggle to maintain real-time tracking of financial indicators. This can lead to late financial reporting and difficulty in making informed business decisions.
Solution
Wity is a digital accounting platform designed to streamline financial management for entrepreneurs. The platform provides online bookkeeping, payroll management, and legal support, ensuring real-time tracking of key financial indicators through a secure, automated system. Wity offers dedicated support and a range of services tailored to various business needs, including assistance with company creation, tax declarations, and balance sheet preparation. By automating tasks such as bank synchronization and invoice categorization, Wity eliminates the need for manual data entry and reduces the risk of errors. The platform also connects to over 300 tools, including Tiller, Qonto, Stripe, and PayPal, and offers a mobile application for on-the-go access.
Target Audience
Wity primarily targets startups, micro-entrepreneurs, consultants, e-commerce businesses, and other small to medium-sized enterprises seeking to simplify their accounting processes and gain better control over their finances.
Features
- Online bookkeeping with automated bank synchronization and transaction categorization
- Payroll management, including assistance with employment contracts and salary slips
- Legal support for business creation, modification, and cessation
- Real-time tracking of key financial indicators, such as revenue, profits, and cash flow
- Automated invoice and bank statement processing
- Integration with over 300 tools, including Tiller, Qonto, Stripe, and PayPal
- Mobile application for accessing financial data on the go
- Dedicated support from accounting professionals
- Options for handling late accounting and tax declarations
- Specialized services for LMNP, LMP, and SCI accounting