Dec 20, 2022

Bobin AI

Archie Norman

Archie Norman

BOB AI changes how SME’s manage their finances. Review profit & loss and balance sheet, track and categorise revenue and costs, add metrics to investor updates all through generative AI.

For small business owners, the journey of entrepreneurship is filled with challenges, with financial management often topping the list. Enter Bobin AI, our state-of-the-art SaaS solution, designed to transform the financial landscape for small and medium-sized businesses. By leveraging the prowess of OpenAI's GPT, Bobin AI aims to demystify bookkeeping, offering a suite of tools to address the financial intricacies that entrepreneurs face daily.

Challenges:

  • Entrepreneurs often grapple with overseeing multiple facets of their business, with financial management being particularly challenging without a dedicated finance team.
  • The need for real-time financial insights to make informed decisions and monitor business health.
  • Accurate categorisation of revenue and expenses is essential, yet often cumbersome and time-consuming.
  • Presenting potential investors with precise financial metrics is crucial for securing funding, but collating and presenting this data can be complex.
  • Our Approach:

  • Developed Bobin AI to provide real-time P&L and balance sheet reports, enabling businesses to stay updated on their financial performance.
  • Incorporated a feature for efficient revenue and cost categorisation, ensuring businesses can easily identify areas for improvement.
  • Simplified the process of integrating key financial metrics into investor updates, streamlining the pitch for potential funding.
  • Leveraged advanced generative AI technology to analyse financial data, offering insights and recommendations tailored to each business's unique financial landscape.
  • Outcomes:

  • Bobin AI has empowered businesses with real-time financial insights, enabling them to make well-informed decisions.
  • The platform's seamless categorisation of revenue and expenses has allowed businesses to pinpoint areas of concern and opportunity with ease.
  • By streamlining the integration of vital metrics into investor updates, Bobin AI has enhanced businesses' ability to secure essential funding.
  • With Bobin AI's generative AI capabilities, businesses now have a powerful ally, offering tailored recommendations and insights, ensuring their financial management is both efficient and effective.
  • Interested in how AI can benefit your company?

    Our proof of concept service is not just about demonstrating what's possible, it's about establishing what's practical, profitable and tailored to your business needs.

    Mercury Labs

    Cyber Essentials Certified

    25 Eccleston Place
    SW1W 9NF
    London
    United Kingdom

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