Rupee
Revolutionizing Accounting Processes through Smart Automation

Simon Sinek, the creator of the concept ‘The Golden Circle,’ says, “Most organizations do not know why they do what they do and thus, fail to constantly innovate and inspire themselves.” In other words, for an organization to achieve its deliverables and grow steadily, knowing the purpose of its existence is the most fundamental criteria. Inspired by this revolutionary concept, Brazil-based Rupee breaks the status quo of the accounting landscape by focusing on the ‘why’ of its offerings rather than the ‘how’ and ‘what.’ For ages, studies have observed that there is a massive disconnection between the departments of a company, especially between the back-office accounting teams and the front-end teams. Due to this disparity in transparency, no single team has complete knowledge of all the undertakings ongoing within an organization.

On the contrary, Rupee’s innovative solutions, developed through agile methodologies, changes the culture of accounting, tax, and payroll departments, and gives optimal visibility pertaining to the inner workings of an organization. Its Smart Kanban solution facilitates real-time monitoring to manage the departments and the end results within a company through visually engaging dashboards. “As our solution is hosted in the cloud, all the necessary information required can be easily viewed on any device such as computers, television, mobile devices and so forth,” says Guilherme Baumworcel, CEO and Founder of the company.

Rupee’s one-stop-shop back-office solution analyzes and checks the status of accounting, tax, and payroll-related activities of not just one company but several through a real-time dashboard.

As a result, clients can have complete visibility into the accounting issues and avoid fines due to delays in meeting deadlines. Additionally, due to this transparency, the company can take data driven business decisions.The features of the platform also deliver tremendous time saving results for the various accounting processes. It has a proven record of saving up to 312 hours on a yearly basis, making it a highly sought-after solution, especially in countries that have stringent regulations pertaining to tax and accounting processes.

The platform has been purpose-built to increase efficiency in accounting, payroll, tax, accounts payable and receivable departments related processes in an organization. The back-end processes which usually create heavy workload and backlogs for those teams can be converted into a streamlined process through Rupee’s use of agile methodology. Thus, users can now focus on their core duties and the organization's growth rather than investing time in the redundant processes.

Moreover, witnessing clients’ apprehension towards tedious implementation procedures, the platform has been developed to integrate seamlessly into their existing workflows. Powered by IBM Watson, the platform learns patterns and can be easily customized for a perfect fit integration. This process is further supported by Rupee’s team, also known as the “Agiles”, to enable the users reap the full benefits of the platform.

By focusing on providing all-encompassing solutions, Rupee has built a strong foundation that has helped the company expand to new regions and generate jobs, even during the Covid-19 pandemic. It has now established branches in Nassau, Bahamas, and also in the UK to further fuel its expansion plans, always keeping a cordial and amicable work culture within its workforce, each of them experts in their own fields.

Building on such sound fundamentals, Rupee is well on course towards establishing a global presence. Its clientele spans across the globe and have obtained a tremendous return of investments (ROI) through its features. Rupee has already branches in The Bahamas and in United Kingdom. The company is also planning to leverage this exposure to gain entry to US and Israel markets in the coming years.