1Suite Presentation for CapitalSquare Demo Day
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1Suite is a cloud-based accounting platform to help startups track income and expenses with minimal accounting knowledge, allowing them focus on their core business. 1Suite Accounting simplifies financial record keeping and analysis for small business owners and helps them generate quotes, invoices, receipts and professional financial reports with ease. http://1suite.com.ng
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1Suite Presentation for CapitalSquare Demo Day
- 1. INTRODUCING 1SUITE ACCOUNTING INVOICING & ACCOUNTING TOOL FOR SMEs By Uche Aniche
- 4. ACCESS TOFUNDINGIS IDENTIFIEDAS A MAJOR CONSTRAINTFORSMALL BUSINESSESINNIGERIA AND OTHERDEVELOPING COUNTRIES.
- 5. BUTPROPER& RELIABLE BOOK KEEPINGIS THE MAJORREASON FUNDINGFOR THISSECTORIS SCARCE.
- 6. WHY?
- 7. OVER 50% OF SMALL BUSINESS OWNERS DON’T KNOW ANYTHING ABOUT ACCOUNTING
- 8. ABOUT 63% USE SPREADSHEET WHILE THE REST USE SOME FORM OF SOFTWARE
- 9. THE CHALLENGE. 1. TIME CONSUMING 2. UNRELIABLE – ERROR PRONE 3. REQUIRE INTERMEDIATE TO EXPERT LEVEL SKILL 4. DOESN’T HAVE IN-BUILT QUOTE & INVOICING FUNCTION 5. MOST SOFTWARES (SPREADSHEETS INCLUSIVE) WASN’T DESIGNED FOR NIGERIAN GAAP
- 10. OUR SOLUTION? 1Suite is optimized to help Small Business Raise Quotes, Invoices, Receipts, Record PaymentTransactions,Manage / Reconcile Bank AccountsAnd Seamlessly Generate AccountingReports.
- 11. IF YOUUNDERSTANDFINANCIAL REPORTING,YOUCANDRILL FURTHERTOGET FURTHERUSEFULMETRICSFOR YOURBUSINESS. OTHERWISE,YOURAUDITORSAND ADVISERS CANTHEN HELP.
- 12. SOME EXAMPLES OF METRICS & REPORTINGINCLUDE P&L, BALANCE SHEET, DEBTORS/CREDITORSCOUNT,UNPAID INVOICESSTATUSETC.
- 13. NO HARDWARE LOW PRICING CLOUDBASED EVERYWHERE ECO FRIENDLY GROUP SUPPORT SAVES TIME
- 14. WE HOPE THAT BANKS WILL PARTNER WITH US, USE OUR PLATFORM TO PRE-QUALIFY PROSPECTIVE SME LOAN BENEFICIARIES. BIG IDEA
- 17. THANK YOU.