This week I explain why we are activating our 2015 patent now with our current ICO which you can participate here. What has changed in accounting from 2015 to 2018?
2015 — Accounting is manual
In 2015, most accounting work in manual. Invoices are sent per mail and only SAP systems do have automation systems but it works only with extensive and expensive setup and maintenance fees based on simple rules.Fiduciaries are looking at ways to decrease their costs by outsourcing data entry in other countries (Africa and Asia mainly).Fiduciary associations are not talking about automation.
2018 — Accounting should be automated
When downloading data from the bank, people are surprised that it happens.
Now, in 2018, the market and the entrepreneurs have changed. Fiduciaries and entrepreneurs are ready to embrace automation.Most people have iPhones or smartphones. Most entrepreneurs use apps in with their smartphones and are aware of artificial intelligence. Most entrepreneurs receive their invoices per email and save them somewhere online like GoogleDrive or DropBox. Systems are getting connected from CRM to an invoicing system, to loan system. Unique solutions which provide everything are replaced by a myriad of specific apps. Also, people expect things to get automated. When downloading the data from the bank, our customers are surprised that they still need to finish the booking. They ask us: “Couldn’t be this automated?”The association of fiduciary of Switzerland has launched an institute for digitalization.The international association of fiduciary (CPA) has launched an accelerator to support startups automating the repetitive tasks at a fiduciary.
Unfortunately, the accounting work is still mainly manual.
The market is ready for a change. That is why EZYcount develops his patented solution to deliver within 18 months a fully automated accounting system. This system uses the latest advancement in Machine Learning (ML), Artificial Intelligence (AI) and Document Recognition Technology to fully automate accounting. EZYcount connects to the tools you already use making the change easy for you.
Jump now and support EZYcount to change how accounting is done. Participate and get rewarded at https://www.ezycount.ch/en/ico
Originally published at blog.ezycount.ch on 29 September 2018.