How NuBooks an AI-backed Accounting Platform streamlines the accounting process for small and medium enterprises
Driven by new-age technologies, Nubooks is a go-to accounting platform that provides accounting tools to small businesses, freelancers, and accountants to handle accounts and improve their financial performance. The platform is backed by Artificial Intelligence that is suited for all accounting needs from reading invoices to making bookkeeping and management of finances easy. Nubooks adapts to the needs of the users as its Al solution digitizes the information in record time and converts it to spreadsheets and quick editing. The platform has a spectacular server capacity that can organize all information of the clients. Besides, its storage system is safe and secure in handling the data of companies. With the highest levels of security and capacity, the users can easily organize a large number of client information. Mr. Oumesh Sauba, Founder, NuBooks share more insights on the same.
- Can you explain in brief how you started NuBooks and how has been the journey so far?
Ans: When I started Nubooks, I was never skeptical about the number of customers I can reach per day. I had the capital to turn an idea into a business that’s how we started. As a startup we have lots of challenges, so the journey is not so different from any other startup which must do lot with little available resources. The best part is we are a highly motivated team with fire and zeal of success thus its fun to have a multitasker team member who are self-driven. We are proud to have assembled Nubooks management team. We are marching towards efficiency and betterment every day.
- There are multiple players operating in the same domain. In this highly competitive market, how does NuBooks stand apart?
Ans: Yes, there are multiple established player in market as well as new players backed by multimillion fundings have entered recently but the best part is market is expanding and is expected to expand with even higher pace in coming years thus there is lots of space for many more players to come. Our company philosophy is to focus on Micro and Small businesses and make their life easier with their accounting. We are more focused on user experience enhancement with accounting rather than making accounting highly sophisticated and complex.
- Can you share plans regarding your expansion in the next 1 year?
Ans: We have just begun last month, and we want people to be aware of our platform give it a try and start using it. Thus, our focus for 1st year is outreach target audience as much as we can. By increasing awareness to our solution and make the Micro and Small businesses benefit from the easy accounting of Nubooks and start choosing Nubooks as their personal accounting solution. As market is huge, we want to focus on micro and small businesses segment first and then we would move towards mid to large business.
- Any new trends you see in the Fintech segment in coming years? How is it going to impact the customers & Insurers?
Ans: Tech has changed everything in past decade and I can see the changes which are happening in the Fintech segments such as Block-chain and Hyper automation with Deep learning. Techs are going to change the experience and make it easy to use software. This will not only make businesses’ life easier but also give them a good and accurate forecast to address their key concern area they need to focus.
- What sort of reach do you have in terms of the number of users/downloads/sales?
Ans: We have just started our focus is to outreach and aware people about Nubooks. As of now we are offering trail usages to people. There are 500+ users using our software on free trial and we are expecting this number to grow at a good pace.
- Any other relevant information you would like to add?
Ans: We at Nubooks are determining to help Micro and Small businesses to grow as businesses rather than worrying about compliance with accounting and tax.
