InScope

Implementation Fatigue: It's Real, and We Get It I've been talking to a lot of Finance and Accounting leaders lately, and there's one thing that comes up over and over: we're all exhausted trying to get new tools up and running. Some of us have software sitting unused for months because implementation is such a headache. I feel your pain – it's frustrating to invest in tools that should make your life easier, only to have them become another source of stress. That's why at InScope, we've made it our mission to make implementation painless for you. We know you don't have time for weeks-long implementations or multiple training sessions. Here's our promise:  If you're using NetSuite, we'll have the integration set up in just 20 minutes of your time. Yes, I timed it. No, that's not a typo.  And if you don’t need a NetSuite integration? 10 minutes is all it takes to get you set up on InScope. We built InScope because we believe your tools should work for you, not the other way around. You've got enough on your plate – it’s our job to make sure our solution fits seamlessly into your existing workflow. If you're curious about how we might be able to support your financial reporting goals, let's chat! We're not just automating financial reporting – we're making it smart, intuitive and effortless.

My co-founder, Kelsey Gootnick, CPA , and I have been fortunate to have worked at some pretty awesome companies, and here's how our combined journey is shaping InScope: Flexport: Flexport showed us how to tackle complex operations. We’re on a mission to break down complexity into intuitive workflows. Miro: My time at Miro taught me how to practice empathy to gain insight. Empathy isn’t just a buzzword. It is a superpower. Dropbox: Kelsey's time at Dropbox taught her that if our customers win, we win. We put our customers first, every time. Autodesk: Kelsey's time at Autodesk taught her the importance of accuracy and precision. We're applying this attention to detail to solving financial reporting challenges. It’s 99.99% accurate or bust! Yelp: That's where I learned to “battle smart”. As a scrappy startup, we truly live for those underdog moments. Now we're taking all these life lessons and pouring them into InScope. Working at these amazing companies also meant working with (for) the best of the best: Justin Coulombe, CFA, Andrey K., Hryhorii (Grisha) Pavlotskyi, Ryan Petersen, Sudhanshu Priyadarshi, Philip Hall, Alan Ramsay, Lanny Baker, Rob Krolik, Debbie Clifford, Mark Hawkins, Jason Sauvie and many more.  Oh, and if you're curious about how we might be able to support your financial reporting goals, let's chat! We're not just automating financial reporting – we're making it smart, user-friendly, and dare I say, awesome? 😉

Tired of the tedious manual review of financial statements? So are we. In our discussions with accounting leaders and audit teams, we found an unacceptable amount of time spent on reviewing financial statements for human error. These reviews include: Mathematical accuracy: Ensure tables sum down (foot) and across (cross-foot) correctly Internal consistency checks: Make sure values are referenced and presented consistently throughout the document Standard accounting checks: Verify that assets = liabilities + equity, and that beginning retained earnings + net income = ending retained earnings, etc. The Painful Reality: 😓 Hours lost to mind-numbing mathematical verifications 🔄 Endless cycles of cross-referencing for consistency ⚖️ The constant dread of missing an error If you’ve ever thought this work is best reserved for software, you’re right! Enter Review Assistant: Your Financial Reporting Sidekick 🏋️ Key benefits: Error-free financial statements: Eliminates common mistakes and ensures accuracy Reduced risk of control deficiencies: Strengthen your control environment Fewer auditor comments and fewer turns of FS: Minimizes back-and-forth, speeding up the audit process. Ready to reclaim your time, sanity, and weekends? Let's chat about how InScope can support your financial reporting goals.

As a non-technical founder building InScope, an AI-powered financial reporting solution, I've learned that we need to surround ourselves with deeply technical and product-minded team members to build the right solutions for our customers' problems. Today, I'm sharing what I've learned from our amazing product advisor, Ali Sipher. 🌟 1️⃣ It’s better to finish 1 project than to start 2 2️⃣ Think back to the larger goals and the biggest assumptions that need to be validated/tested when making prioritization decisions 3️⃣ Make sure problems to solve are a true problem, not a solution framed as a problem (ex: “We don’t have a mobile app” isn’t a problem, but “Users need ways to engage with our content on the go” is) 4️⃣ Document, document, document! The best way to prevent miscommunication (and thus wasted time/effort) is to make sure everyone is clear on requirements and expectations. 5️⃣ Keep doing user research to validate problems, even when they may seem obvious 6️⃣ Have conviction in a hypothesis about what is valuable to your ICP, give yourself a timeframe and some success metrics and stay focused on that goal! These insights have transformed how we operate at InScope. 👉 Fellow founders, especially those from non-technical background, what's been your most valuable lesson?

Let's talk about a common pain point in financial reporting: 1️⃣ Generating cash flow statements is challenging – ask your Controller friend 2️⃣ It's a lot harder with multi-currency and multi-entity setups 3️⃣ Your ERP should provide this report, right?... but often doesn't (I'm frequently asked why – it's a mystery to me too!) 🔍 Here's the kicker: Indirect cash flow statements (used for GAAP reporting) often fall short in providing clear insights into actual cash inflows and outflows. They're like financial Sudoku puzzles – complex and time-consuming to prepare. 💼 At InScope, we don't believe cash flow statements should be puzzles. That's why we've tackled this head-on. We've built a solution that: * Creates cash flow statements using both direct and indirect methods * Accurately accounts for FX impact in multi-currency and multi-entity structures * Simplifies the process, turning financial "puzzles" into clear, actionable insights 🚀 Ready to simplify your financial reporting? Let's chat about how InScope can transform your cash flow visibility and save you from solving financial Sudoku!

📊 While talking to a Financial Reporting Manager a few weeks ago, I learned that they spend a staggering 20% of their time formatting Excel tables into Word documents. At InScope, we believe that number should be ZERO. 🚀 Introducing our game-changing solutions: 1️⃣ Pre-formatted Tables: Insert pre-formatted financial statement tables to your document with just one click. 2️⃣ Smart Pasting: Say goodbye to manual resizing! Our intelligent system adjusts tables when you paste from Excel or Google Sheets. The simple act of pasting content automatically adjusts the number of rows, columns, column width and table format. Imagine reclaiming 20% of your workday for high-value tasks. That's not just efficiency—it's transformation. 🔑 Key Benefits: Slash formatting time to zero Enhance consistency Focus on analysis, not aesthetics We're not just building products; we're transforming financial reporting. Join us in making financial reporting effortless. 👉 What would you do with 20% more time in your workday? Share your thoughts below!