Why Compact?

Non-availability of quality accounting staff is a concern for most of the CEOs, particularly in the MSME Sector. Up-to-date accounting, consistent transaction classifications, prompt reconciliations, key insights, clean ledgers, no dark areas, operations support, and analytical support give comfort to CFOs and assurance to CEOs on the integrity of financial reports. This underlying theme is driving our efforts. AI-based Intelligent Automation solutions are enabling us to develop products that meet these expectations.

Our Product Focus

We have attempted to express some of our concerns, intent, and product focus through the following pictures. Trust you will appreciate our depictions!

Data Entry Arrears & Errors
Data entry is a pain area for the accountant, from volume and accuracy perspectives.
Unending Reconciliations
The magnitude of manual efforts, in reconciliations and compliances is high and monotonous.
Exposure to Fraud Risk
Delays in Financial Reporting, due to incomplete, erratic, and delayed inputs from multiple sources, hamper timely Performance Reviews.
Monitoring Cash Flows
Even if your bookkeeping is up to date, standard reports from financial applications available in the market do not provide crucial information relating to “Cash Flows” vital for running day-to-day business operations efficiently and effectively.
Even if an organization commits resources for accounting, timely accounting reports is a challenge, because of incomplete, erratic, and delayed inputs that come from multiple sources.
Storage and retrieval of transaction documents with ease, for reference is another concern.
Reports for the Management
Organizations generally do not pay attention to Fixed Asset Record when they are small or just commencing operations. But once they grow, constructing Fixed Asset Record that ensures asset security and meets compliances would involve substantial effort.

Financial Insights with Effortless Ease

With an intent to minimize manual efforts by accountants in data entry and reconciliations, produce clean ledgers with accurate inputs for meeting compliances, and to assist entrepreneurs with dynamic updates for efficient conduct of business, we have come up with software products that can supplement your ERPs.
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    If you are saddled with:

    • High volumes of data remaining in arrears all the time causing delays in financial reporting.
    • Uncertain availability and consistency of your accounting resources.
    • Errors in captured data which require significant manual efforts for rectification.
    • Failure to meet compliances due to omissions and delays leading to penalties.
    • Last-minute surprises in your Financial Closure process.
    • Concerns on the hygiene of your accounting information processing.

    Get back to Us

    Please give us a chance to assist you with innovative tailormade solutions that would supplement your applications. Please see our products and suggested process for implementing them. Our HelpDesk resources will provide necessary guidance to your staff and will be standing-by right through. Once our relationship commences, for two months we offer free service, beyond which there will be a monthly license fee, for each product. Thank you.

    Contact Us