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What is Outmin?

Outmin is an AI-driven bookkeeping solution designed to fully automate financial management tasks, functioning as a "zero-touch" digital accountant that efficiently processes transactions, reconciles accounts, and delivers instant financial insights without requiring any manual intervention. It connects directly with bank accounts, suppliers, and various business systems to autonomously collect financial data, manage invoice processing, categorize transactions, and ensure that accounts are reconciled in real time as transactions are made. The intelligent system handles vital accounting duties such as data entry and reconciliation while also spotting discrepancies like missing invoices or unexpected payments, prompting users to investigate further. With Outmin, users can generate up-to-date financial reports, including cash flow statements, profit and loss statements, balance sheets, and trial balances, granting access to accurate, audit-ready information at any time without needing to wait for month-end closures. This integration of automation not only enhances efficiency but also minimizes the risk of human errors, ultimately resulting in a more dependable approach to financial management, fostering confidence in the accuracy of the data provided. By ensuring that all financial records are consistently monitored and maintained, Outmin empowers businesses to make informed decisions based on real-time financial health.

What is Mercury Books?

Mercury Books presents a fully integrated double-entry accounting software through a Mercury account, which effectively combines banking and bookkeeping to maintain comprehensive, current, and accurate financial records. This software automatically monitors activities across multiple Mercury services, including banking, cards, invoicing, and bill payments, efficiently categorizing transactions and reconciling accounts in real time, eliminating the necessity for manual data handling. Users can choose between cash and accrual accounting methods, enabling them to easily create vital financial reports such as profit and loss statements, cash flow statements, and balance sheets that reflect real-time data. Moreover, businesses have the capability to connect external bank accounts, credit cards, and various platforms like Stripe, PayPal, and Gusto, providing an enriched financial overview. Powered by Command AI, Mercury Books features a smart interface that allows users to ask questions about their spending habits, trends, and general ledger codes based on their account information. In addition, it simplifies a range of accounting tasks, including the creation of journal entries, organizing the chart of accounts, and efficiently sorting transactions. This forward-thinking solution not only optimizes financial management but also equips businesses with the necessary tools to make swift, informed decisions, ultimately enhancing their overall operational efficiency.

Media

Media

Integrations Supported

Dext
FreeAgent
QuickBooks Online
Sage 100
Zoho CRM

Integrations Supported

Mercury
Monk

API Availability

Has API

API Availability

Pricing Information

€49 per month
Free Version

Pricing Information

$29.90 per month
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

Outmin

Date Founded

2020

Company Location

Ireland

Company Website

www.outmin.io

Company Facts

Organization Name

Mercury.com

Date Founded

2017

Company Location

United States

Company Website

mercury.com/books

Categories and Features

Accounting

Not specified

Bookkeeping

Not specified

Categories and Features

AI Accounting

Not specified

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