About Finac
Finac is a financial management software from AKSSAI ProjExel designed for businesses to manage their financial processes efficiently. It combines budgeting, forecasting, and reporting features so companies can maintain accurate financial records and assess their financial health. Users can easily analyze cash flows and expenditures, helping them make informed decisions. Finac integrates with existing accounting systems to provide a comprehensive view of financial data. Key capabilities: budgeting forecasting reporting cash flow analysis system integration Best for: finance teams that need to manage budgets and reports effectively.
FINAC from AKSSAI ProjExel Pvt Ltd is an integrated accounting and compliance platform that combines cloud-based automation with dedicated expert support, offering a comprehensive solution for startups, SMEs, and larger organizations seeking streamlined financial management. The platform covers the full spectrum of accounting needs, including bookkeeping, invoicing, payroll, GST and income tax filing, document management, vendor payments, and real-time cash-flow visibility, providing users with actionable insights into margins, top customers and suppliers, and overall financial health. One of FINAC’s distinguishing features is its hybrid approach: while the software automates routine tasks such as reconciliation, multi-format data capture, and compliance filing, each client is also assigned a specialist team to handle complex tasks and advisory functions, ensuring accuracy and regulatory compliance. Features like AI-powered OCR for document capture, pay-with-credit options for vendors, dashboards, open-item reminders, and organized file management further enhance efficiency and reduce manual intervention. The platform is particularly beneficial for Indian companies or subsidiaries requiring GST and ITR compliance, offering centralized oversight that replaces fragmented spreadsheets and siloed processes.
Pros & Cons
- Combines software platform with expert team support, making it easier for businesses without in-house financial expertise.
- Automation reduces manual workload, errors, and time spent on bookkeeping and compliance.
- Real-time visibility into financial metrics (cash flow, margins, burn rate) helps decision-making.
- Includes advisory, compliance, and payroll services in one package, giving convenience and consistency.
- The credit-payment option for vendors enhances cash-flow flexibility for growing businesses.
- May be more suited to businesses needing full service rather than simple ledger software; could be over-engineered for very small firms.
- Implementation and onboarding (data migration, process setup, document uploads) may require time and effort.
- Businesses still need to maintain good processes (document uploads, transaction categorization) for full value.
- Platform appears India-centred in compliance and service model; international users may need to check localization and regional regulation support.
Features
Key features
Provides a combined online and offline model with a dedicated team handling your accounting, bookkeeping, compliance, payroll, and advisory services.
Automates transaction recording, invoice storage, document management, and payroll, reducing manual workload.
Allows monitoring of cash flows, budget burn rates, margin analysis, and tracks jobs/tasks with reminders and document upload alerts.
Facilitates tax filings, invoicing, e-invoicing, and regulatory compliance as part of the service.
Uses AI for data entry, document scanning, and offers vendor payment via a credit facility to manage cash flow.
Additional features
Full platform for recording business transactions, invoice data, document storage, and ledger maintenance.
Includes automatic posting of records, categorization of transactions, and cloud storage of records.
Automates payroll accounting, employee compensation entries, and payroll compliance.
Support for monthly filings, tax returns, invoicing compliance, and legal formalities for firms and startups.
Monitors assigned tasks, document uploads, open items, provides alerts, and team interaction within the platform.
Allows payments to vendors using a credit line, easing cash-flow pressure for businesses.
Tailored for various users including salaried individuals, small/medium businesses, startups, and investors with real-time accounting and advisory support.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Finac
Finac is a financial management software from AKSSAI ProjExel designed for businesses to manage their financial processes efficiently. It combines budgeting, forecasting, and reporting features so companies can maintain accurate financial records and assess their financial health. Users can easily analyze cash flows and expenditures, helping them make informed decisions. Finac integrates with existing accounting systems to provide a comprehensive view of financial data. Key capabilities: budgeting forecasting reporting cash flow analysis system integration Best for: finance teams that need to manage budgets and reports effectively.
Finac Details
Finac's In-App Market Place
Does Finac have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), JPY (¥), AUD (A$), CAD (C$), CHF (CHF), CNY (¥), SEK (kr), NZD (NZ$), INR (₹), HKD (HK$), SGD (S$), KRW (₩), ZAR (R), BRL (R$)
Pros & Cons
- Combines software platform with expert team support, making it easier for businesses without in-house financial expertise.
- Automation reduces manual workload, errors, and time spent on bookkeeping and compliance.
- Real-time visibility into financial metrics (cash flow, margins, burn rate) helps decision-making.
- Includes advisory, compliance, and payroll services in one package, giving convenience and consistency.
- The credit-payment option for vendors enhances cash-flow flexibility for growing businesses.
- May be more suited to businesses needing full service rather than simple ledger software; could be over-engineered for very small firms.
- Implementation and onboarding (data migration, process setup, document uploads) may require time and effort.
- Businesses still need to maintain good processes (document uploads, transaction categorization) for full value.
- Platform appears India-centred in compliance and service model; international users may need to check localization and regional regulation support.
Finac's Support Options
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