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Envoice_Project plan ELY

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Tuomas Tahvanainen

on 14 April 2016

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Transcript of Envoice_Project plan ELY

Envoice Oy
E-invoice simplified

Digitisation & accounting automatisation solution
Envoice Oy
- Problem and inspiration
Digitalization has been waited revolution in accounting +15 years
Yet it is only to become
Accounting industry is lacking solution for need of wide range of businesses
In Nordics focus has been in larger corporation where the need is easy to understand
Yet only in Finland 97 % are micro companies
This sector consumes enormous quantity of work and material in their administrative process
Actual professionals of accounting works with this industry and they are missing tools
How Envoice can help!
Envoice streamlines invoice management significantly using digitisation, automatization and smart user tools. And it's not only for invoices but other accounting documents as well.
In affordable way also for micro companies.
Process automatization can be reached via high data quality and learning artificial intelligence.
Top reasons to invest in to accounting digitalization
We effectively reduce your spenditureon processing accounting documents.
Go-To Market plan
Market research based plan to focus on niche that needs most attention
Highly competitive Finnish market as test market for the solution
Advanced ecosystem
Best practice accounting solution platform can be spread out to other markets to utilize international opportunity
Localized solutions for local needs
Enable international use of the platform
Companies needs are not bound by geographical borders
Globalization has made global operations possible for small and micro companies
Giving back to the nature
We acknowledge that taking accounting paper-free results also from growing green footprint. Less paper, more trees and nature to enjoy!
In Envoice we want to operate with nature saving fashion and want to find way to minimize the use of nature and support nature friendly operations
Tuomas Tahvanainen, CEO, Co-Founder
Holds M.Sc. and KLT-Accountant. He has +15 years experience from accounting industry in Finland. Tuomas has also extensive experience from CFO roles in growth companies like Muxlim and Innohome. He has also several Board seats in Finnish SMB sector.
Jaanus Põder, Founder
Holds LLM in digital law from Tallinn University and MBA from Oxford University. Jaanus has been investing into paper free accounting platforms from 2007, his recent solution Envoice is the abstract of all former experiences and is designed to be the next generation solution helping entrepreneurs and accountants.
Business Goals
Envoice goal is to build full service accounting solution family
In Phase 1 Envoice will build first version of the solution to serve biggest demands in market
Decided solution frame based on knee deep market, competition and user study.
In Phase 2 Envoice extends the accounting solution with more features and options
In Phase 3 Envoice starts expanding to other Nordic countries
In long run Envoice want change standard administrative process of businesses globally.
Besides saving paper and being environmental friendly, there are other good reasons to use Envoice
Timely document streamlining maximises data value
Gain 24/7 access to your accounting data from desktop or mobile
Optimized accounting costs
Happier clients
Hassle free accounting data management
Our Clients
Our clients can trust our solution and services, which respond to the highest security requirements comparable to internet banking.

Public and private large companies and authorities that need extensive workflow for all accounting documents

SME-s that are serviced by inhouse accountants or by accounting firms

Financial Dashboard
Market Study - Project Plan
Market study project primary goal to gain understanding about Finnish accounting market needs. Its competition, pricing and user functionality need to enable to build first development plan for the solution.

Project is divided in to three phase:
1) Market study
- Size and key competitors
2) Competition analysis
- Pricing and solutions functionality
3) User study
- Demo version testing with user users
1) Market study
- PrimeSoft Consulting Oy, 7 days
- Market study, Matti Rantala
2) Competition analysis
- PrimeSoft consulting, 11 days
-Competition analysis, Matti Rantala
3) User study
- PrimeSoft Consulting, 5 days
- Testing planning support, Matti Rantala
- BrainArt Oü
- User test Demo software, back end
- Trinidad Consulting Oü
- User test Demo software, UI
- Leppävaaran Laskenta Oy
- User test of the demo system
Travel costs
Tallinn, 2 trips
March and April
Test planning in March
User test review in April
Matti Rantala and Tuomas Tahvanainen
Outsourcing resources
PrimeSoft Consulting Oy
Matti Rantala is M.Sc. and KLT-Accountant. He has +25 years experience from accounting industry in Finland. Matti has a large experience of CEO and CFO positions and has been software designer and developer. He has been active in several Boards in Finnish Companies.
Leppävaaran Laskenta Oy
Accounting agency with +25 year experience that want's operate in peak of the industry development with cutting edge solutions. Operates actively in developing tomorrows accounting eco systems.
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