Febi.aiWHY BUSINESSES NEED TO ADAPT CLOUD BASED ACCOUNTING
Traditional accounting is associated with manual entries, managing too many spreadsheets and local storage of data on company servers. As startups move to a digital-first future, here are a few challenges that cloud-accounting addresses and solves:
Manual data entries often lead to accounting errors—duplications and miscalculations—that skew financial insights, affecting your financial decisions.
Manual bookkeeping, invoicing, creating financial reports and statements consumes up a lot of crucial hours that can be invested in more impactful activities.
Using manual spreadsheets and folders restricts access to desktop-based systems, limiting remote work and team collaboration from different parts of the world.
The probability of losing data is high in the case of local storage systems, resulting in data breaches and failures. Cloud-based accounting systems secure financial data and insights and offer automated backups.
Clients that Trust Febi’s AI-Powered Cloud Accounting
From solo entrepreneurs to scaling startups and large enterprises, companies across India trust Febi.ai’s cloud accounting software to make accounting operations seamless and error-free. Join the growing list of businesses that enjoy Febi’s automated accounting and live financial insights.
Features of Febi’s Cloud Based Accounting Platform
Febi.ai’s cloud accounting capabilities are Beyond Bookkeeping. Here are the few reasons why Febi.ai is a keen choice of industry-leading startups and enterprises:
HOW FEBI.AI CLOUD ACCOUNTING WORKS
WHY CHOOSE FEBI.AI?
In a world where more than 70% of businesses will switch to cloud platforms by 2027, using a robust cloud-based accounting solution for your company is a necessity. Febi.ai is India’s first solution that powers AI into accounting, tax compliance and financial insights to transform the way businesses perform financial management.
Cloud-Based Accounting Flexibility
Experience the freedom of managing your finances from anywhere with our robust cloud-based platform.
- Securely view and manage your financial data from any device, ensuring that you’re always in control.
- Collaborate seamlessly in real time with your team, sharing insights and updates instantly, regardless of location.
- Avoid purchasing costly on-premise IT infrastructure and maintenance with our hassle-free subscription-based cloud accounting solution.
Automated Efficiency Redefined
Move mundane and time-consuming accounting and tax compliance management work to automation—dedicate productive hours to core, revenue-impacting tasks.
- Automate invoicing and financial reporting operations to reclaim your valuable hours each week.
- Minimise human error using automated data entry, enabling higher accuracy in all your financial records.
- Move your team’s attention from routine tasks to strategic initiatives that drive growth and smart innovation.
Enhanced Data Security
Safeguard your sensitive financial data with our advanced security measures.
- Protects data with industry’s top encryption protocols, along with secure cloud deployment to prevent unauthorised access.
- Role-based access controls (RBAC) ensure only authorised individuals can access sensitive information.
- Ongoing security enhancements, keeping your business safe from emerging data breach threats.
Tax Compliance Management
Ensure business’ tax compliance and avoid paying costly penalties with Febi’s robust GST and TDS tax compliance solutions.
- Stay organised with a dedicated tax compliance calendar. Highlights all due, paid and pending GST and TDS compliances, along with the amounts, so you never miss a deadline again.
- Febi platform automatedly monitors tax regulations, ensuring your company adheres to latest tax laws and requirements without the hassle of manual tracking.
- Access important tax-related reports-GST Output Summary, GST Input Summary, TDS Summary and Capital Gain report in a few clicks, providing clear insights and documentation needed for compliance.
Real-Time Financial Insights
Stay informed with instant access to your financial health, empowering smarter decisions.
- Monitor your finances in real time, allowing for timely adjustments and strategic planning to suit your growth plans.
- Use predictive insights to forecast cash flow requirements and identify growth opportunities before your competitors.
- Offers customisable reports that provide clear insights into your financial performance.
Dedicated Accountant Support
Rely on Febi.ai for quick assistance from your dedicated accountant.
- Get immediate access from a dedicated accountant directly from the user dashboard, ensuring you receive tailored support whenever needed.
- Receive expert personalised solutions to address your specific accounting challenges, giving you peace of mind as you focus on your business growth.
Scalable for Growing Businesses
Our platform adapts to your business’s ever-changing requirements, making it ideal for companies of all sizes.
- Seamlessly integrates with several existing systems such as cloud based ERP, CRM and more to enhance end-to-end functionality.
- As you expand, Febi.ai grows with you, future-proofing and providing the necessary tools for continued success
Cost-Effective Flexible Pricing
Regardless of whether you are a solo entrepreneur, startup founder or managing an enterprise, Febi’s pricing is designed to best support and help you grow your business.
- Febi’s cloud based accounting subscription plans align with your company’s yearly turnover and feature requirements.
- Customizable smart invoices, financial reports and modules, multi-branch accounting and financial management—suits the unique needs of every business.
- Cost-effective monthly and annual subscription-based plans for all types and sizes of business.
Frequently Asked Questions
Got questions? We’ve got solutions.
What is cloud based accounting software?
A Cloud based accounting software helps you manage your business finances online, with easy access anytime and from any part of the world. Febi.ai makes this even simpler by automating tasks like bookkeeping and invoicing, helping you save time and reduce errors without needing to rely on traditional and manual tools.
What are the benefits of cloud based accounting software?
Companies in India are moving to cloud accounting for greater flexibility and real-time insights. Febi.ai helps you grow by streamlining your accounting, ensuring compliance with tax regulations, and letting you view, download and share real-time financial data and reports, even on the go.
How does cloud accounting benefit small businesses, startups and SMEs?
For small businesses, startups and SMEs, cloud accounting solutions automates time-consuming tasks, ensures accuracy, and provides instant financial management access. Febi.ai’s software can handle everything from tracking expenses to predictive analytics, giving you more time to focus on growing business.
What is the best cloud accounting software in India?
If you’re looking for the best cloud accounting software in India, Febi.ai is a standout choice. Combines AI-powered automation with financial insights, making your accounting simpler and efficient. Whether you’re a new startup or a growing company, Febi.ai adapts to your needs, so you can manage everything from cloud based bookkeeping to compliance effortlessly.
Can cloud based accounting software integrate with my other business tools?
Yes, Febi’s cloud-based AI accounting software easily integrates with systems like CRMs and offers connected banking capabilities, making it simple to manage everything from inventory to payments without any disruptions in your workflow
Transform the Way You Manage Your Accounting and Taxes
Febi.ai is here to help you take the leap.
