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Finance
Business
Ideas - Coggle Diagram
Finance
Business
Ideas
Accounting
as a service
Customers
Large business (production, SAAS, etc.) - small amount of customers with high fees
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Product offer
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Outsourcing i.e. Shared Services or COE (center of excellence) - opportunity is clear but challenge to invest in BG and to build vs buy (companies prefer to build their own COE or SS)
Market
International: interesting for outsourcing but not for a new tool offer, as self accounting tools already existing on international market i.e. LexOffice (Germany)
Local: first player already here i.e. Billbox, Taxmate (clever model for contacting new companies directly while company is being created probably from register data)
Why
Value added: simplification, efficiency and data accuracy
Scalability: demand and technologically possibilities exisiting
Already implemented in one form or another in most repeatable task such as
- accounts payable
- travel cost (Payhawk)
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