Clare Leighton, COO and Co-founder and Christian Schneider, CEO
Financial data doesn’t come unified in a single compendium of resources. Most of this data exists in disparate systems with no unified visibility or talking points between the segmented data clusters. Predictably, working with financial data workflows becomes daunting, as organizing dispersed data to get a clearer view of finances is a labor-intensive task. This makes the job of bookkeepers and accountants taxing due to massive amounts of data pouring in from innumerable channels – both online and offline. Alongside, manual data entry is an ongoing reality coexisting with cloud-based online data. Data assimilation and visualization thus become difficult for organizations, as it can take months to sift through vast data corpuses before credible financial reports can be generated.
In such a scenario, there is a burgeoning need for businesses to bring together the segmented data clusters in a fast, automated manner, doing away with time and resource-consuming in-person handling of data assimilation. Moreover, the need for automation along with efficient workflow visualization tools to facilitate holistic real-time visibility into the accounting and bookkeeping processes has been another persistent need. Although automation is currently available, it is restricted to only one data input vertical at a time, which leads to segmented workflows that prevent holistic visibility into the system.
Till now, there has been no solution available on the market that solves these problems completely. In comes Bluesheets as a much-awaited connector, integrating online and offline data, streamlining workflows through automation and bringing interoperability to dispersed data, tools and systems currently employed by businesses. Bluesheets’ revolutionary financial data platform is the only solution available in the market that integrates all of a business’ financial data to automate workflows. “We’re a unifying middleware solution. We connect up between the tools and systems that businesses already have in place to enhance financial processing,” says Clare Leighton, COO and co-founder of Bluesheets. They are utilizing very new technology that allows them to be leaps and bounds ahead of what is available on the market at the moment.
The Catalyst for Business Productivity
Input agnostic and API-enabled, Bluesheets’ platform utilizes the latest AI and machine learning methods to develop an easy-to-operate tool for processing financial data. Equipped with optical character recognition(OCR) scanning technology and natural language processing (NLP), the platform can receive information from an uncapped number of data input sources. Bluesheets’ integrative software assimilates all dispersed financial data inputs to seamlessly generate accurate same-day reportswith zero chance of human errors.
We’re a unifying middleware solution.
We connect up between the tools and
systems that businesses already have in
place to enhance financial processing
With plug-and-go features, the cloud-based platform makes financial data available to business decision-makers from anywhere. Furthermore, Bluesheets’ end-to-end automation feature simplifies the time, resource, and labor-intensive process of data gathering, consolidation, and verification for financial processes and online and offline data.
In addition, Bluesheets’ platform integrates with all the main accounting software tools, constantly updating its library of integrations to allow users to operationalizedata in more ways. Moreover, Bluesheets automates data input categorization and mapping upon export, thus helping avoid tedious and error-prone manual data entry resulting in double entries and corrections.
Verification is built in on top of that which saves costs for businesses. Furthering cost-effectiveness, Bluesheets comes with an affordable monthly subscription model. As a plus, Bluesheets currently processes 25 different languages, mostly Southeast Asian languages, and has the capability to process in 75 worldwide languages. In a nutshell, Bluesheets’ platform is designed to enable easier accounting operations anywhere in the world.
Bluesheets’ easy to use platform allows its clients, such as Guzman y Gomez, to automatically extract data from different sources and directly populate reports in other tools, such as directly to Google Sheets. Being a data-driven Australia-based Mexican food chain with a huge customer base in Singapore, Guzman y Gomez caters to customer orders via an innumerable range of food delivery apps. This made their financial controllers’ tasks difficult as they struggled to collate all the data from various apps. To process the high volume of data, Guzman y Gomez had to hire an outsourced team of financial specialists to provide data entry and categorisation services, which still resulted in a long processing time and often generated unsatisfactory financial reports. At a certain scale, they considered multi-million dollar integration projects to try to connect the data themselves. Once they made the transition to Bluesheets, they could access accurate same-day reports, thus enabling them to cut down spending on both outsourced teams and data processing times, and save millions on the integration builds.
To streamline financial data processing further, Bluesheets is looking at scaling its self-serving capabilities by introducing an adaptive, self-onboarding solution. This will enable businesses and their accountants to access financial data instantly, giving them a clear perspective of their performance at all times. Also on Bluesheets’ agenda is expanding their library of integrations to make their platform available to a larger number of devices and output formats. With its elegant, state-of-the-art software, Bluesheets will be facilitating the digital transformation of business worldwide, with an intention to scale up its operations in Southeast Asia. Much to the good fortune of the region, Bluesheets can provide a solution to all of these pertinent problems with one simple software, something that is drastically more leveraged than anything else available on the market. “We will continue to provide complete automation for digitization, categorization, and end-to-end workflow for efficient financial data processing,” Clare signs off on a buoyant note.