Advances in Computer Vision and human-in-the-loop AI has meant that it has become inefficient to oversee admin functions that can require expensive bookkeepers, accounting or finance experts as well as multiple software packages even at the early stage of a company.
Our Chairman, Ross, realised this when working for Comex McKinnon, an international soft commodity trading company, in 2010. He built an enterprise system from scratch that enabled one accountant to handle over €400m in transactions while producing real time financial reporting and business KPIs, autonomous tax calculations, resulting in their audit taking just 3 days This enabled the company to largely forget about admin, get much quicker access to the data they needed to make business decisions and focus their efforts on growth and delighting their customers, which saw the company double in size in 2 years.
Since then the march of technology has meant a far more powerful iteration of these principles is now possible and available to everyone in the business community, Outmin.
We want the future to arrive sooner, we want to help our customers build great products and services to delight their customers.