Straight from Sweden, Bokio is a free, smart accounting solution that has launched in the UK. Why do Swedes always come up with great ideas? Maybe because they have a love for simple design and smart solutions. So smart, in fact, that they have put AI to good use.
With Artificial Intelligence, they have invented a software that helps small businesses and accountants save time to focus on the things that matter; advising clients or growing a business.
Who are Bokio?
At 22:48 on 2 May 2013, Mikael, who was working as a consultant, started to file his tax return just before the deadline at midnight. Doing his accounting was harder than he expected, and needlessly complicated. So he thought, what if I could make it easier?
Just 18 days later, co-founders Mikael and Viktor set out revolutionise accounting, and they started developing what would become Bokio. They wanted to automate traditional bookkeeping by using Artificial Intelligence. They developed a completely free, innovative and user-friendly online accounting solution which is now used by over 10% of companies in Sweden, and has launched in the UK this year.
What does Bokio do? Powered by AI, Bokio makes bookkeeping quick and easy by reading numbers in receipts and other documents. Bokio will also help record transactions in the right accounts. So, mistakes are reduced, making work more efficient and so users can spend time focusing on their clients instead. It’s simple to use, completely free and built to help businesses succeed.
But Bokio isn’t just for bookkeeping. There’s also a generator that will produce branded, professional invoices in under 2 minutes. Create, send, track and record invoices all in the same place giving full control of a company’s finances.
Making Tax Digital
Bokio means businesses can be Making Tax Digital compliant for free. When Bokio is used for accounting, submitting a VAT Return to HMRC takes just a few clicks. It doesn’t have to take up time or stress when it is automatically generated from existing accounts.
Why is Bokio free?
Every penny makes a difference to small businesses so Bokio is offered at no cost to help them succeed. Bokio is financed by companies purchasing additional services, so it’s a promise that using Bokio will be free forever. No catches, no limitations.
Save your time
If you're curious about giving Bokio a try to see how it can help your business and save you time, you can create a free account today in just a minute.
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We're changing the world of accounting forever. Bokio is a smart solution that helps small businesses and sole traders grow their company and profits. Powered by AI, we will help you do your bookkeeping, create, send and track invoices, and file your VAT return - all for free.