Binery enables entrepreneurs to grow their businesses by reinventing the bookkeeping experience via AI technology and a dash of human touch.
Numerous studies over the years have shown that bookkeeping is one of the most disliked tasks for business owners. In fact, statistics from score.org have pointed out that as much as 40% of business owners mentioned bookkeeping and taxes as the 'worst part of owning a small business'. Diving deeper into the numbers, 47% of them specifically cited the financial cost involved, 13% disliked the administrative headaches and time spent, and to top if off, 8% disliked all the paperwork involved.
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Numerous studies over the years have shown that bookkeeping is one of the most disliked tasks for business owners. In fact, statistics from score.org have pointed out that as much as 40% of business owners mentioned bookkeeping and taxes as the 'worst part of owning a small business'. Diving deeper into the numbers, 47% of them specifically cited the financial cost involved, 13% disliked the administrative headaches and time spent, and to top if off, 8% disliked all the paperwork involved.
By leveraging on the efficiency of artificial intelligence and our team of capable accountants, Binery's mission is to ease the hassle of bookkeeping experienced by business owners, thereby freeing up their time and resources to focus on key business activities. With Binery, startups, entrepreneurs and SMEs alike enjoy a low barrier to entry cost for a solid cloud accounting platform powered by Xero, punctual monthly financial reports, and CFO insights that help businesses run a tight ship.
Binery has been rightfully recognized for our efforts, having won the Hong Kong Emerging Accounting Partner of the Year at the Xero Awards Asia FY22. Our impact to the local Hong Kong economy is also evidenced by reaching the Xero Silver partner status faster than any other partner, a testament to the strong number of clients successfully served throughout this short period of time since 2020, and we're now a Xero Gold partner already!
We have raised over US$1m to date, and are proud to have the trust and backing of world-leading investors to deliver on our mission to liberate businesses from their accounting woes. Looking ahead, Binery is targeting beyond the APAC market, in full belief that businesses anywhere can and will benefit from our simple and effective solutions.
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