Adam by Tyms is an artificial intelligence-powered accounting assistant that helps small businesses, startups, and accounting professionals automate and streamline their financial operations. The platform seeks to cut accounting costs by up to 90% compared to traditional services, making it especially appealing for organisations that want to save time and money on bookkeeping, accounting, and tax preparation.
Adam Lifetime Deal Features Overview:
Smart Invoice & Sales Tracking: Automatically monitors money streams, creates invoices, and sends payment reminders to ensure timely payments.
Expense Management: AI is used to categorise spending, process receipts, and keep an audit trail, which ensures tax compliance and correct records.
Real-Time Bank Reconciliation: Automatically matches transactions, detects abnormalities, and keeps your books in sync with your bank accounts.
Profit and loss statements, balance sheets, cash flow reports, and other documents are generated using AI-driven analysis and actionable recommendations.
Smart Inventory Accounting: Monitors inventory levels in real time, determines reorder points, and syncs inventory data to your books.
Seamless Integrations: Zapier/Make connects with over 5,000 business products and offers connections with platforms like QuickBooks
Automated Compliance: Stays current with tax regulations and reporting requirements, allowing firms to remain compliant without manual effort
Predictive analytics provides forecasting and trend analysis based on past data to help make better decisions
User-Friendly Interface: Designed for non-accountants, users can easily upload bank statements (PDF, CSV, Excel, etc.) and generate financial reports in minutes without manual data entry or difficult setup.
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