Finline – India’s first automated platform for creating financial documentation
Mumbai, 30th November, 2019: In the league of innovative fintech environment, Finline offers India’s first automated platform for creating financial documentation through a user-friendly platform.
Finline helps entrepreneurs to create financial projections and documentation, which are essential for getting a bank loan or other such processes. The financial projections can be done for any customers who don’t have any experience in finance or accounting. Customers simply need to answer a few questions and the software takes care of the rest.
“Financial literacy is the one of the most important things that most entrepreneurs lack and 90% of the entrepreneurs don’t know how to create a balance sheet and other important financial documents and end up outsourcing such services from a third party, where someone else is fitting wings to their dreams. Finline helps the entrepreneurs in the process of creating their own plans and projections. This helps an entrepreneur to understand what he is doing and how his plan reflects in the financials, also makes them more confident about their plans and strategies” says Hari Sasi, Co-founder and CEO of Finline
Finline creates the project report for entrepreneurs including profitability statement, cash flows, balance sheet, financial ratios, repayment schedules, etc. in the report by taking very simple input from the entrepreneur. At the same time Finline can also be used by Chartered Accountants, Company Secretaries, Financial Consultants, and other such professionals, who need assistance in rendering services to their customers to get the perfect report. More than 100 CAs and other professionals across India are presently associated with Finline.
Finline is a product of Fynamics Business Solutions, headquartered in Thiruvananthapuram, Kerala. The platform was launched in 2018 and has helped more than 4,000 customers till date in completing their financial documentation. It’s a first of its kind product that helps entrepreneurs in creating different financial documentation for the purpose of submission to banks for processing loans, without the entrepreneurs requiring to have any expertise in the subject.