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What is myBooksAI?

myBooksAI is an AI-powered accounting and financial management platform developed by Zetran for small businesses, entrepreneurs, and accounting professionals. The software provides a cloud-based workspace for managing sales transactions, business expenses, banking activities, inventory, and financial records. Its invoicing capabilities support customizable invoices, estimates, quotations, proforma invoices, payment receipts, and recurring billing arrangements. Accounts receivable and payable tools help users monitor customer balances, manage vendor bills, track payment activity, and send overdue payment reminders. Banking features include bank account synchronization, transaction imports, reconciliation workflows, configurable categorization rules, and matching payments to outstanding invoices or bills. AI-assisted functionality provides suggestions for categorizing bank transactions and generates business summaries highlighting financial performance and activities requiring attention. Inventory management tools track product quantities, stock values, purchasing activity, and low-stock conditions to help businesses manage available inventory. The platform supports double-entry bookkeeping, journal entries, chart of accounts management, opening balances, and financial adjustments. Reporting capabilities include profit and loss statements, balance sheets, cash flow statements, account transaction reports, customer aging reports, and inventory summaries. For businesses operating in India, myBooksAI provides GST invoicing and reporting tools covering GSTR-1, GSTR-2, and GSTR-3B, along with additional tax-related accounting features. The software also offers budgeting, multi-user permissions, audit logs, web and mobile access, and multi-client practice management functionality for accounting firms.

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.

Media

Media

Integrations Supported

Integrations Supported

Dext
FreeAgent
QuickBooks Online
Sage 100
Zoho CRM

API Availability

API Availability

Has API

Pricing Information

$5.00 per month
Free - No cost Standard - $ 5 Premium - $10
Free Version
Free Trial Offered?

Pricing Information

€49 per month
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad

Supported Platforms

SaaS
Android
iPhone
iPad

Customer Service / Support

Standard Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Online Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

Zetran

Date Founded

2017

Company Location

United States

Company Website

mybooksai.app/

Company Facts

Organization Name

Outmin

Date Founded

2020

Company Location

Ireland

Company Website

www.outmin.io

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Purchase Orders
Tax Management

Accounts Payable

Not specified

Accounts Receivable

Not specified

AI Accounting

Not specified

Billing and Invoicing

Not specified

Categories and Features

Accounting

Not specified

Bookkeeping

Not specified

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