Accounting firm with fintech solution

Accounting validation software with 20 customers

Revenue €0 – €50k

Profit Profit

Sector Business services

Industry Accounting firms

CountryNetherlands

Region Western Netherlands

Province Province

Sold

FTE

Legal form

Type of customers

Client Type

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Revenue €0–€50k

FTE 1

Description

Business engaged in financial accounting services: financial statements, sales tax returns and IB and VPB.

Client portfolio
The portfolio contains about 20 clients representing an annual turnover of 20,000 euros. This portfolio is available for acquisition in good accounting health. The business completes accounting year 2022. Potential present for further expansion of services in the portfolio.

The company
Also, an internally realized software solution has been realized that "talks" with Moneybird which massively increases the speed and accuracy to be able to do accounting. Less manual effort is required, thus increasing efficiency and reducing the risk of errors. There is a full digital audit trail with this solution.

Details
The business was started by a number of ICT experts, whose goal was to create an accounting validation solution in parallel with the office. In this they succeeded. Through a link, all accounting data is imported from Moneybird and then validated at multiple points. This saves 75-80% of the time in checking the accounting records and also provides for the automatic extraction of missing documents from the client. This solution realizes a huge reduction in the time required of an accounting clerk which greatly reduces the need for more staff. This is especially advantageous in times when there is a huge shortage of qualified personnel. You can grow without hiring more people.