Fiskl AI Accounting

🌍 Fiskl AI Accounting makes history with Fi: the world's first AI financial advisor released globally for small businesses! 🚀 Fi is now available to all Fiskl customers, providing real-time accounting and financial guidance without any added cost. We're making advanced financial management accessible to every small business owner—no accounting expertise needed! Ready to experience the future of financial management? Learn more: https://lnkd.in/dd9rqJEA #Fiskl #Fi #AIAccounting #FinancialInnovation #SmallBusinessFinance #GlobalSMEs

🌍 Fi goes global! Fiskl's AI financial advisor is now available worldwide at no extra cost! Already transforming businesses, Fi is now accessible on ALL Fiskl plans: 🧠 Your 24/7 accounting, finance, and tax expert 💡 Personalized insights from your Fiskl data 🔮 Proactive financial guidance While competitors are still in beta, Fi is battle-tested and ready to elevate your business finance. Current Fiskl users: Look for the Fi icon in your account New to Fiskl? Sign up now to experience AI-powered financial management: https://lnkd.in/dd9rqJEA #Fiskl #Fi #AIFinance #AIAccounting #AccountingRevolution

We’ll be at #ABShowAsia, Asia’s leading tech & strategy event for accountants, finance leaders and business owners. Join 4,000+ attendees, 180+ speakers and 150+ sponsors and exhibitors at Sands Expo, Singapore on 16 - 17 Oct 2024. Stop by the Fiskl booth, where Jeff Brunjes is showcasing Fiskl AI accounting and Fi, the Fiskl AI accounting advisor. Register FREE now: https://lnkd.in/eTATShE6

The Essence of International Financial Reporting Standards (IFRS)  🌍 The Evolution of IFRS Accounting: A Game Changer in Modern Business 📊 As we enter a new era of global business, the significance of the International Financial Reporting Standards (IFRS) cannot be overstated. Since its inception, IFRS has grown beyond just an accounting standard—it has become a cornerstone of transparency and consistency in financial reporting across borders. In the early 2000s, corporate scandals like Enron and WorldCom underscored the need for better oversight and financial governance. IFRS emerged as a solution, restoring trust in financial reporting by providing a unified global standard. Fast forward to today, IFRS has stabilized financial reporting and revolutionized how businesses think, operate, and strategize on a global scale. Why IFRS Matters for Modern Businesses Global Appeal and Investor Confidence Transitioning to IFRS opens doors to international investors and partners, enabling businesses to speak a common financial language. This universality fosters global collaborations and simplifies cross-border mergers. Enhanced Transparency in the Digital Age IFRS's transparency and comparability are invaluable in an era of AI and data analytics. Standardized financial data allows for deeper insights, better predictive models, and more informed decision-making. A Strategic Advantage Adopting IFRS is more than just compliance—it’s a strategic move. It enhances comparability, boosts transparency, and attracts international investors, positioning businesses for global growth. Understanding IFRS Through a Practical Lens Take XYZ Corp, for example: Revenue: $1,000,000 COGS: $400,000 Gross Profit: $600,000 Operating Expenses: $200,000 Net Income: $400,000 This simple snapshot illustrates IFRS’s role as a universal translator, ensuring that financial nuances are understood globally. Core Components of IFRS Reporting Statement of Financial Position: Reflects the company’s financial stance. Statement of Profit or Loss and Other Comprehensive Income: Decodes profit, loss, and financial intricacies. Statement of Changes in Equity: Chronicles equity fluctuations. Statement of Cash Flows: Offers insights into cash movements. The Future of Financial Reporting: IFRS vs. GAAP While IFRS has gained global traction, GAAP remains a key standard in the U.S. The ongoing convergence between IFRS and GAAP represents not just a reconciliation of standards but a merging of financial cultures and philosophies. As these standards continue to align, businesses will benefit from more streamlined financial reporting and analysis processes. In today’s interconnected world, IFRS is more than an accounting standard—it’s the financial lens through which global businesses operate and thrive. 🌐 #IFRS #FinancialReporting #GlobalBusiness #AccountingStandards #Transparency #BusinessStrategy

5 Reasons Why Fiskl's AI-powered Accounting is What Your Business Needs 🚀 Stepping into a new era of efficiency with AI-Driven Financial Management 🌟 As we are faced with the biggest technological advancement since the inception of the internet, it's the perfect moment for businesses to reassess their strategies and embrace transformative technologies. In today's rapidly evolving business landscape, Artificial Intelligence (AI) is changing the game, especially in financial management. Among the various tools out there, Fiskl stands out with its AI-driven features, making it an ideal choice for small to medium-sized businesses looking to optimize their financial processes. Here are five compelling reasons why Fiskl should be your go-to financial management tool this year: Simplified and AI Automated Accounting Fiskl’s AI-powered platform streamlines financial processes by automating tasks like transaction categorization. This saves time and ensures accuracy in your financial reporting—no extensive accounting knowledge is required! Real-Time Cash Flow Insights Fiskl’s AI-driven insights give you a real-time, comprehensive view of your financial health. Stay ahead with up-to-date data, enabling informed decisions that are crucial for maintaining a healthy cash flow. Automated Reconciliation and Internal Transfer Matching Say goodbye to the tedious process of reconciliation. Fiskl’s automated feature intelligently syncs data and matches internal transfers, reducing errors and simplifying financial reporting. Multi-Currency Management For global businesses, Fiskl’s multi-currency management handles foreign exchange and accurate currency conversion, making international financial management hassle-free. Advanced Tax Structures Management and Reporting Fiskl simplifies tax management with features that automate calculations and generate accurate reports, ensuring compliance with complex tax regulations. Embracing Fiskl means choosing efficiency, accuracy, and advanced financial management tailored to the needs of dynamic SMEs. As you plan for the year ahead, consider making Fiskl your financial management partner for a smarter, more streamlined business operation. #AI #FinancialManagement #SMEs #Accounting #BusinessGrowth

We are excited to announce Fiskl's participation in the AWS and Anthropic GenAI Scale Program, an incredible initiative by Amazon Web Services (AWS) and Anthropic in collaboration with Vestbee. 🚀 We can't wait to dive into the extensive workshops and gain valuable insights from the GenAI experts at AWS and Anthropic! 👉 For more details about the program and to meet all the experts, visit: https://bit.ly/3xav3mi

🚀 Exciting News! Fiskl has teamed up with Wio Bank to transform financial management for UAE SMEs. This powerful integration brings you: 🌟 Seamless connectivity 🔄 AI automated transactions 📊 Real-time financial clarity 📱 Mobile-first accounting on the go 🎉 Limited Offer: The first 100 customers get 2 years FREE on the Fiskl Pro plan! Simplify your financial processes and supercharge your business growth with this game-changing collaboration. Discover how this partnership can benefit your business and redeem your offer: https://lnkd.in/eJN9Q9WN #Fiskl #WioBusiness #Fintech #SMEs #FinancialManagement #AI #EmbeddedFinance #EmbeddedAccounting

We're incredibly proud to see our CEO and Co-founder, Alina Lapusneanu, featured in FutureCFO! The article offers a deep dive into her inspiring leadership journey, from her early life to the challenges and triumphs of building Fiskl into a global fintech leader. Alina's story is one of resilience, authenticity, and an unwavering commitment to empowering small businesses and entrepreneurs. Her journey is a testament to the power of vision, hard work, and staying true to one's values. We extend our heartfelt gratitude to the Future CFO editorial team and Teresa Leung for their dedication to sharing inspiring stories from finance leaders. It's an honor to see Alina's journey so beautifully captured and shared with the Future CFO audience. Read the full article here: https://lnkd.in/dzwjT6Te #leadership #womenintech #entrepreneurship #fiskl

And that's why we do this! Please vote for Fiskl today on Product Hunt so more entrepreneurs globally can save time and grow their business! 💙 💚 Vote and comment here: https://lnkd.in/eX_xbdkR

Real reviews from real business owners who need good accounting tools as running a business is no piece of cake! Fiskl is doing a community launch on Product Hunt: https://lnkd.in/eX_xbdkR. Please vote, your support means the world to us! 💙 💚    #FisklLaunch #ProductHunt #SupportSmallBusiness