Business Description
At Olao Books, we are revolutionizing bookkeeping by making it seamless and effortless, freeing professionals from mundane and repetitive tasks. Inspired by the frustration with existing accounting software used by our core team in their previous startups, who struggled with existing accounting solutions, believed that SMBs deserved something better—something truly awesome. Olao Books automates bills and receipt entries, expense categorizations, streamlined reimbursements, intelligent invoice processing, and automated compliance checks. Tasks such as 3-way/2-way matching, accruals, capitalization, GL mapping and updates, early payment discount decisions, employee expense management, receivables, collections, and collaboration with employees, vendors, and customers are significantly transformed through used of advanced AI.
