Instabooks

Instabooks is revolutionizing bookkeeping with its super intelligent conversational accounting software. The company's slogan, "Instabooks saves you 200 hours of DIY bookkeeping and $7,000 on GST, BAS preparation & lodgement," underscores the significant benefits it offers to small businesses. Utilizing voice commands, Instabooks allows micro businesses to record daily accounting transactions in real time without requiring any accounting knowledge. It automates various accounting tasks such as invoicing, debiting, crediting, journalizing, ledgering, and updating financial statements. This innovative approach not only enables significant time savings but also offers substantial cost benefits, with potential savings of $7,000 on GST, BAS, VAT, and sales tax calculations. The company's unique proposition of saving 200 hours, equivalent to $10,000 in missed income, and returning this value to its users, sets it apart in the market. Notably, Instabooks aims to facilitate an additional $10,000 of extra work for its users by streamlining their bookkeeping processes. Founded in 2023 and headquartered in the United States, Instabooks presents an intriguing investment opportunity for venture capital firms seeking to support cutting-edge technology in accounting and financial management. With its potential to disrupt the traditional bookkeeping landscape, Instabooks represents an exciting prospect for investors looking to back innovative solutions in the accounting industry.