Outmin - SME accounting made quicker, cheaper, and simpler
by Startacus Admin
Dublin-based fintech startup Outmin combines real experience and AI to support SMEs with all their bookkeeping, tax and accounting needs.
Managing accounts is no one’s idea of fun, but it is a vital part of any business. For SMEs, there is the option to spend a lot of money on outsourcing their accounting or hiring dedicated finance employees, or a lot of money and time on products and solutions that aren’t necessarily well optimised for SMEs. Money and time are two things that the average SME does not have in abundance. So the solution to this problem is obvious: someone needs to create a platform designed for SMEs to make accounting quicker, cheaper, and simpler.
Dublin-based fintech startup Outmin is that someone. Outmin is a SaaS platform that provides accounting, bookkeeping, and CFO services to SMEs, with a particular focus on those in the tech and hospitality industries, so that those businesses can dedicate themselves to their actual work and leave everything from payroll and expenses management to tax returns, VAT returns, and compliance filings up to Outmin. All of this is done on the cloud, using both Outmin’s human expertise, and AI. The startup says that, since their launch in 2020, they are already saving businesses up to €100,000 a year.
As with any good SaaS platform, Outmin provides you with a dashboard to see everything in real-time, from mobile or desktop. You can easily view your financial health, review your documents, and upload them for the platform to process them automatically, and if you have any worries, you’ll have a dedicated support team to reach out to.
In October, Outmin announced that they had raised €1.5 million in a funding round led by Middlegame Ventures, with participation from Fuel Ventures, KellySan Enterprises Ltd, and angel investors. This funding will go towards further developing the platform, and refining it to ensure that it does everything that an SME needs it to do to take away the headaches.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
The lowdown on Manchester-based startup Sticky and its innovative no-code solution to help businesses turn any physical space into an engagement opportunity.
Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
The group payments solution that's better for businesses and customers alike, thanks to innovative fintech startup Hands In.
The lowdown on FuturePlus, the startup that's on a mission to make sustainability accessible, achievable and affordable for all businesses.
.jpg)
John McLachlan, author and co-founder of Monkey Puzzle Training & Consultancy examines the differences between action-oriented and reflective leaders and which approach is best.
The fitness app that's not just about physical fitness; GoJoe helps employers to engage, motivate and connect their people across all pillars of wellbeing.
Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
London-based startup Deep Render tackles the internet’s data and bandwidth challenges via its innovative AI-powered file compression technology.
Published on: 12th December 2022
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Startup Sook Receives Investment from Tobin Capital 24th May 2023 Tobin Capital continues to expand its portfolio by investing in pop-up marketplace Sook, the startup on a mission to revolutionise the high street.
- L Marks Seeking Startups and Scaleups for Sodexo Healthcare and Seniors Accelerator 23rd May 2023 Sodexo and L Marks open call for applications from innovative startups and scaleups to join their inaugural Sodexo Healthcare and Seniors Accelerator.
- United Utilities Innovation Lab launches call-out for innovative ideas for fifth programme 18th May 2023 Now in its fifth year, North West England water firm United Utilities opens call for Innovation Lab, its pioneering ideas incubation programme.
- OneTech Spins Out from Capital Enterprise to Support Underserved Communities in Tech Across the UK 18th May 2023 Not-for-profit OneTech has spunout from Capital Enterprise to expand its offering and continue its mission of creating a more equitable, diverse and supported startup ecosystem.
