Flowaccount

wealthtech-retailpersonal finance managementb2b fintech

FOUNDING YEAR: 2014
LOCATION: Thailand
Last Update: 19/01/2021

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About

1

MEDICI Analysis

FlowAccount is a cloud-based accounting software platform for SMEs to manage their expenses. This platform helps SMEs to manage their expenses by uploading pictures of the invoice, receipts, etc. It creates and sends professional invoices, track payments, and collaborates with partners. It was one of the finalists in Echelon Asia Summit in 2015. The company has won the AIS the Startup 2015, Frost & Sullivan Thailand Companies to Action Award 2017, and Innovation Coupon 2017.

Focus

PRODUCTS & SERVICES

Flowccount.com, the cloud accounting software provides various features as Invoicing, inventory, expenses, reports, FastPay, mobile, and simple payroll solution. FlowAccount comes with beautiful templates to easily create quotations, billing notes, tax invoices, purchase orders as well as withholding tax documents. FlowAccount’s simple inventory solution helps to keep track of the stock levels and knows when to reorder. FlowAccount keeps track of a company’s expenses and categorizes them according to the company’s spending activities. FlowAccount comes with simple reports that are easy to understand. View sales, inventory, and profit & loss reports monthly or annually. FastPay allows users to push payment information from their FlowAccount directly to Kasikorn Bank’s K PLUS SME mobile application so you can instantly pay your suppliers With the mobile app, one can easily create quotations, invoices & receipts on the go or take photos of receipts to keep track of expenses. A simple solution is also provided to manage payroll. Employees can easily pay with the K PLUS SME integration.

REVENUE MODEL

The company follows a membership subscription revenue model. It generates revenue by charging membership fees. Premium use starts with 83 baht/month (990 baht per year).

MAIN CLIENTS

Major clients include small- and medium-scale enterprises.

COMMENT

This online cloud application serves businesses for up to 10 users; today, the program is being used by more than 5,000 users.

company provided insights

Traction

COMPANY TYPE:

For Profit

ACTIVE USERS COMMENT:

The company has 10,000+ active users generating over 100,000 tax invoices per month(Aug 2017).

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

690,659

AVERAGE VISITS (6 MONTHS)

599,314.41

MONTHLY VISITS GROWTH

22.42%

VISIT DURATION

634

VISIT DURATION GROWTH

12.77%

PAGE VIEWS VISIT

8.4

PAGE VIEWS VISIT GROWTH

32.08%

BOUNCE RATE

30.56%

BOUNCE RATE GROWTH

-4.2%

GLOBAL TRAFFIC RANK

51,984

MONTHLY RANK CHANGE

-24,976

MONTHLY RANK GROWTH

-32.45%

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