A new smart accounting API that enables automatic income accounting
|Funding from Vinnova||SEK 643 633|
|Project duration||April 2017 - June 2018|
|Venture||Innovationsprojekt i företag 2017|
|Call||Innovationsprojekt i företag Våren 2017|
Purpose and goal
The purpose of the project was to take the next big leap towards offering the digital bookkeeping service new entrepreneurs will expect in the near future. Bookkeeping is still difficult for business owners, and bookkeeping laws do not keep up with the digital and technological evolution, making it even more difficult to be lawful. Our goal, as always, is to simplify for those who wants to run a business. This project is a strategic part of our service to work seamlessly for small and large e-commerce businesses.
Expected results and effects
The result of this project is a direct payment API in development, aimed to support transactional data between payment services commonly used in e-commerce, transformed into correct bookkeeping data. Analysis of e-commerce bookkeeping shows that most do it incorrectly. The expected effect of developing this API will be the ability to offer e-commerce business a way make bookkeeping automatic, fast, secure and correct.
Planned approach and implementation
The project has involved competency within all departments of the company. We’re familiar with the challenges of building digital services for automating the things usually done manually with paper. And we know that the take-aways, and in extension the quality of our product, will be best once we understand all the challenges and possibilities a service like this will offer, only by including as many key individuals from the organization as possible.