EvryThink
EvryThink is an all-in-one AI-powered finance suite that helps startups manage their finances with ease, requiring no financial expertise.
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https://www.evrythink.com/
Product Information
Updated:03/09/2024
What is EvryThink
EvryThink is a comprehensive financial platform designed specifically for startups and founders. It offers a range of tools and features to help manage all aspects of startup finances, from basic accounting to advanced financial planning. The platform is built to be user-friendly, allowing founders without financial backgrounds to easily navigate and utilize its features. EvryThink aims to simplify financial management for startups at any stage, providing core features for free to early-stage companies and scaling its offerings as businesses grow.
Key Features of EvryThink
EvryThink is an all-in-one financial management platform designed for startups, offering features like cash flow prediction, runway calculation, and financial planning without requiring financial expertise. It provides AI-powered insights, adapts to different business models and jurisdictions, and offers free access for nonprofits, educational institutions, and B Corporations.
AI-Powered Financial Planning: Predict cash flow, check runway, and assess financing needs with AI assistance, making complex financial tasks accessible to non-experts.
Global Adaptability: Operates across different jurisdictions and business models, allowing startups to manage finances from one place regardless of location.
Free Core Features: Offers essential financial management tools for early-stage startups at no cost, with flexible paid plans for scaling businesses.
Resource Marketplace: Provides access to free resources like legal documents, labor contracts, and Excel templates, along with a professional network.
Use Cases of EvryThink
Early-Stage Startup Financial Management: Helps founders without financial backgrounds to plan and manage their startup's finances from day one.
Nonprofit Organization Budgeting: Offers free full-feature access for nonprofits to manage their unique financial needs and budget constraints.
Multi-National Startup Operations: Enables startups operating in multiple countries to manage finances across different jurisdictions from a single platform.
Educational Institution Financial Planning: Provides free tools for educational institutions to plan and manage their finances effectively.
Pros
User-friendly interface suitable for non-financial experts
Comprehensive suite of financial tools in one platform
Free core features for early-stage startups and certain organizations
Adaptable to various business models and global jurisdictions
Cons
May require paid plans for scaling businesses
Relatively new platform, potentially lacking some advanced features of established financial software
How to Use EvryThink
Sign up for an account: Request access on the EvryThink website to start using the platform for free. No credit card is required.
Set up your startup profile: Enter basic information about your startup, such as business model, location, growth stage, etc. to allow EvryThink to adapt to your needs.
Start financial planning: Use the platform to predict cash flow, check runway, analyze cash burn, and determine financing needs with just a few clicks.
Manage expenses: Track and categorize expenses using the expenses feature to get a clear picture of your startup's spending.
Access free resources: Explore the marketplace for free startup resources like legal documents, labor contracts, and Excel templates.
Connect with professional network: Use EvryThink to connect with a global network of startup professionals for advice and support.
Leverage AI-powered insights: Take advantage of AI-powered financial insights and recommendations as they become available.
Scale usage as you grow: As your startup grows, continue using EvryThink's expanding feature set to manage more complex financial needs.
EvryThink FAQs
EvryThink is an all-in-one finance suite for startups that provides financial planning, cash flow prediction, runway analysis, and other financial tools. It's designed to be easy to use without requiring financial expertise.
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