The Swedes are here to upgrade your accounting

9th Sep 2019
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Straight from Sweden, Bokio is a 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 to revolutionise accounting, and they started developing what would become Bokio. They wanted to automate traditional bookkeeping by using Artificial Intelligence. They developed an 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.

Smart bookkeeping

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 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.

Save your time

Bokio accounting software offers bookkeeping, invoicing and directors payroll. It’s a great solution for collaborating with smaller clients, like small businesses, sole traders and freelancers. We help you save time by using automation, so you can focus on offering high value advisory services.