Our Founder, despite his finance background, faced challenges managing his business finances. Even outsourcing didn’t alleviate the issue, often leaving him behind in addressing financial challenges. In discussions with other entrepreneurs, including Gulnar Basheer, a finance lead at a prominent startup, he found he wasn’t alone. Many faced difficulties due to fragmented data sources, the high cost of expert talent, and outdated accounting systems.
Financial data for businesses is scattered across various platforms like accounting software, banks, online stores, and excel sheets. Often, due to budget constraints, less experienced teams handle this data, leading to time-consuming manual processes and delays in obtaining crucial financial insights. Moreover, traditional accounting systems, designed primarily for record-keeping, don’t present data in an entrepreneur-friendly manner.
Recognizing these challenges, they introduced Paci. Paci integrates AI with real-time data and expertise from finance professionals. This ensures accurate, timely, and entrepreneur-friendly financial data, empowering small business owners to make informed decisions without dreading their finances.