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Description

Norman is an innovative accounting and tax platform powered by artificial intelligence, designed to manage the entire bookkeeping process, including everything from receipts and bank transactions to VAT returns and comprehensive financial reporting. The system efficiently categorizes bank transactions, seamlessly matches uploaded or forwarded receipts to corresponding entries, suggests appropriate accounting classifications, and ensures that financial records are always current without the need for manual data entry. Behind the scenes, AI agents are tasked with classifying transactions, reconciling expenditures, preparing necessary filings, pinpointing deductible expenses, flagging any irregular bookings, and providing valuable financial insights that can be acted upon. Additionally, Norman facilitates the creation, dispatch, and tracking of compliant invoices, automatically records revenue, and maintains visibility of outstanding items within the same process. With live dashboards, users can monitor their revenue, expenses, profit margins, upcoming deadlines, and projected tax obligations as the accounting data evolves in real-time. In terms of tax processes, Norman not only prepares returns based on the latest accounting data but also conducts verification checks, allowing users to review and approve submissions prior to filing, ensuring accuracy and compliance every time. This comprehensive approach streamlines accounting tasks, making it easier for businesses to maintain their financial health and focus on growth.

Description

To extract data from bank statements, invoices, receipts and automate bookkeeping tasks, you can do it with the highest accuracy. Receipt Bot is used by accountants and businesses to automate data entry, reduce document sharing, and improve expense tracking. Our advanced text recognition, assisted by artificial intelligence, ensures highly accurate data extracts. This allows you to focus on your business and avoid the headaches of bookkeeping. Receipt Bot's online data analysis tools and highly accurate data extraction will help you avoid costly and frustrating errors in data entry. Our flexible pricing plans allow you to significantly reduce the cost of data entry by using automation and scaleability. All business expenses can be recorded in a timely fashion with the requisite digital records. This allows you to claim VAT and tax expenses. You can easily record business transactions in real time to gain real-time insight and make better decisions.