Lübeck/Wilmington. fino, provider of the invoice management solution GetMyInvoices founded their own US corporation GetMyInvoices Inc. in Wilmington (Delaware), for the fast-growing Software as a Service (SaaS) solution for automating preparatory accounting. “Through this, we want to scale to the US as well”, explains Christian Heimrich, Head of Business Development at GetMyInvoices. He says: “We already have our first customers – companies of different sizes and freelancers. We will make contact with the complementary providers and expand our network”.
The cloud solution automatically retrieves invoices invoices, bank account statements, and other relevant documents for accounting from thousands of sources such as online portals, e-mail inboxes, and third-party solutions. Documents that occur on the way can be captured conveniently via a scanning app for Android or iOS. All documents can be managed intuitively and from any location using a web browser. Automatic payment reconciliation is possible via the banking module. In addition, the software transfers the desired documents to the tax advisor, to the accounting solution, or to other applications without manual effort. “Of course, we have already connected numerous US portals. These range from Amazon to Slack, telephone and Internet providers, Uber and UPS to Zoom,” reveals Christian Heimrich. There are also important interfaces to key partners. Examples include the accounting tools QuickBooks, Xero, Bill.com, Sage, and FreshBooks.
In the U.S., GetMyInvoices also relies on a rather unconventional approach: no fancy investors, no extra in-country staff, and no direct sales. Instead, the international team presents itself close to the customers with co-creation. They can simply suggest further interfaces for realization in the application, which the developers implement within a short time if possible. With this strategy, GetMyInvoices has successfully established itself on the market in Germany. “Especially in 2020, we have seen enormous growth and interest in other countries as well,” says Christian Heimrich. These included the USA, among others, which is why the expansion “across the pond” is a logical consequence. “Because we want to meet demand in the best possible way,” says the Head of Business Development.Back