Finom AI Accounting
Accounting that does the work for entrepreneurs in Europe
5.0•14 reviews•50 followers
Accounting that does the work for entrepreneurs in Europe
5.0•14 reviews•50 followers
Finom AI Accounting automates bookkeeping for entrepreneurs in the EU, offering AI-driven invoice recognition, expense categorization, and seamless tax report submissions to the tax authorities. Better. Faster. Cheaper.
CNVS
I’m Ivo, Chief Venture Officer at Finom, and today I’m beyond excited to share something we’ve been working on for a while—Finom AI Accounting 🎉
Let’s be real, accounting sucks.
- It’s time-consuming (hello, manual tax work).
- Tax advisors? It's expensive as hell, and they love charging based on turnover, not revenue.
- You’re stuck juggling a mess of fragmented tools to get things done.
Right now, businesses in Europe have two choices:
1️⃣ Hire a tax advisor (costly, unreliable, and not proactive).
2️⃣ Use self-submission tools (cheaper, but you need accounting knowledge + lots of manual work).
We saw a huge gap—so we built Finom AI Accounting to be:
✅ Cost-efficient
✅ Fully automated
✅ Reliable & proactive
✅ Always available
Under the hood, we’re not just plugging into GPT or Claude. We built a multi-agent system that dynamically switches roles, connects to your banking data, and uses various tools to do your accounting for you. Plus, all your personal data is encrypted—even from us.
We implemented both short and long memory that help our assistants to be consistent + a knowledge base for each customer, allowing hyper-personalization at scale. One day, I’ll write an article about the tech behind it.
We’ve got a long road ahead, but I’m incredibly proud of my team for making this happen.
Would love to hear your thoughts—ask me anything! 🙋♂️
CNVS
@masump hey 👋 and thanks for the question!
We’re developing a set of criteria to calculate an efficiency score and provide tax optimization recommendations. Initially, it will cover simpler cases and common legal forms, but over time, we aim to offer a continuous stream of tailored recommendations to help users optimize their tax liabilities before filing. Are there any specific recommendations that you would like to see there?
I tried the demo and the invoice recognition was impressively quick.
CNVS
@jackson_wells speed is a big focus for us, and we’re constantly working to make invoice recognition even faster and more accurate. Tbh i don't think it is super fast now, but at least it has a great accuracy (99%).
Appreciate the feedback! 💪
Great solution for all EU entrepreneurs 🔥
CNVS
@daria_rumyantseva1 Thank you 😊