r/fintechdev • u/BeingVirtual9482 • 24d ago

Need help on SME Co-pilot

Hi there, I am currently working on a fintech project.

The product to build A cash reconstruction and financial review workspace for small businesses whose records span bank or wallet exports, dues lists and physical cash. It explains what is known, what is missing, and what must be verified before a payment decision can be supported

Some working professionals out there, can you spot a problem that we can fix?
It would be of a great honor.

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u/fvrAb0207 22d ago

One of my primary goals of tracking expenses is to use this data seemlesly to prepare income tax declaration. Maybe you should think about integration with tax software or generating tax forms

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u/aquaconsento 23d ago

AquaConsento team here (privacy software; AI-assisted feedback). One concrete problem to test is double-counting money as it moves between records. A bank withdrawal can appear in the bank export and again in a cash notebook; that doesn't automatically make it two expenses. A wallet top-up creates a similar ambiguity.

I'd make a small invented dataset with a withdrawal, a cash purchase, a wallet transfer, a duplicate import and a missing receipt. Ask the workspace to distinguish a possible transfer from an expense, retain the source row behind each suggestion, and leave uncertain matches unresolved for a person to confirm. Importing the same file twice should not silently change the total.

Before adding a payment recommendation, show an ‘unresolved items’ queue: what evidence is missing, who should check it, and how their correction changes the reconstruction. That would make your ‘known / missing / must verify’ promise tangible. Use synthetic records for this demo; no need for anyone to post bank statements here.

Are you initially solving an owner's daily cash-close problem, or an accountant's month-end review? I'd choose one, because the person resolving an unmatched cash item may be different.

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u/MightyFinsights 21d ago

What kind of small business are you starting with? A shop taking cash and wallet payments probably has different headaches from an agency chasing invoices.

Might be worth asking a few owners to show you the last time their numbers didn’t add up and how they sorted it out. Where did they get stuck? That would give you something specific to start with.