# Beqy.ai — AI-Powered Bookkeeping and Accounting Solution

> Beqy.ai is a cloud-based AI accounting platform built for South African small businesses. It automates bookkeeping, generates financial reports with AI commentary, provides an AI CFO chat advisor, handles VAT-compliant invoicing with transaction matching, and delivers AI-powered cash flow forecasting — all from R299/month.

## Company Overview

Beqy.ai was founded in 2024 with the mission of giving every South African business owner access to the same quality of financial intelligence that large corporates take for granted — without the R50,000/month price tag. The platform uses artificial intelligence to automate the bookkeeping work that drains weekends and surfaces the insights that move businesses forward.

Beqy.ai is backed by TechNvst, Nvidia Inception, Edge Growth, and BothOfUs Scale-Up EU.

## Product: Five AI Engines

### 1. AI Bookkeeping Engine
Upload a bank statement from any major South African bank — FNB, Nedbank, Standard Bank, or ABSA — and Beqy.ai reads, categorises, and reconciles every transaction automatically. The AI is trained on South African business data and handles the categorisation that would normally take hours or days.

- Supports all major SA bank statement formats
- Automatic transaction categorisation using AI
- Reconciliation across multiple bank accounts
- 80,000+ transactions processed to date

### 2. Financial Reports Engine
Income statements, balance sheets, cash flow reports, and expense breakdowns are generated automatically. Each report includes AI-written commentary that explains what the numbers mean in plain language — no accounting degree required.

- Income statements, balance sheets, cash flow reports
- Expense breakdowns and trend analysis
- AI-generated commentary on every report
- 590+ financial reports generated to date

### 3. AI CFO Chat
A conversational AI financial advisor built into the platform. Business owners can ask it anything about their finances — cash flow, spending trends, tax obligations, growth opportunities — and get instant, contextual answers based on their actual financial data.

- Natural language questions about your finances
- Answers grounded in your real transaction data
- Covers cash flow, tax, spending, growth, and more
- Available 24/7

### 4. Invoicing Engine
Create tax invoices with auto-calculated VAT. Track payment status with automatic transaction matching. Upload supplier invoices, match their transactions, and keep input VAT aligned with output VAT. Complete with VAT calculation, all from the same platform that manages the books.

- Create branded, SARS-compliant tax invoices
- Automatic VAT calculation (input and output)
- Transaction matching for payment tracking
- Supplier invoice upload and matching

### 5. AI-Powered Forecasting Engine
AI models trained on the business's transaction history project revenue, expenses, and runway. Complex financial forecasts are translated into clear, understandable narratives that anyone on the team can act on.

- Revenue and expense projections
- Cash runway forecasting
- AI-generated narrative explanations
- Trend analysis and pattern detection

## Pricing

| Plan | Monthly Price (ZAR) |
|------|-------------------|
| Starter | R299 |
| Professional | R599 |
| Business | R999 |
| Enterprise | R2,499 |

All plans include a 30-day free trial with full access to all features. No credit card required to start.

## Target Audience

### Small Business Owners
South African SME owners who need affordable, automated bookkeeping and financial intelligence. Beqy.ai replaces the need for a part-time bookkeeper or expensive accounting software.

### Startups
Early-stage companies that need financial oversight and forecasting without the cost of a full-time CFO. The AI CFO Chat provides on-demand financial advisory.

### Accountants (Partner Programme)
Accountants serving multiple small business clients can use the Partner Programme to access client data with time-limited permissions (up to 60 days at a time, automatically revoked at expiry).

## Security and Compliance

- Data encrypted in transit (TLS 1.3) and at rest (AES-256)
- POPIA (Protection of Personal Information Act) compliant
- Data is never sold
- User data is not used in identifiable form to train AI models
- Users own their data and can export at any time

## Banks Supported

Beqy.ai processes bank statements from all major South African banks:
- First National Bank (FNB)
- Nedbank
- Standard Bank
- ABSA

## Customer Testimonials

- "Beqy.ai categorised 3 years of transactions in one afternoon, with even better accuracy than my part time accountant. I thought I would spend a full weekend on this." — Mfundo Sithole, Owner, Taste A Mr
- "The AI CFO chat answered questions I didn't even know how to ask my accountant, with amazing accuracy." — Thabo Lekgau, Owner, Kano Lethabo
- "Finally, our reports included all 3 of our bank accounts without any double entry showing on our management reports." — Sihlesenkosi M, Founder, Popping

## Frequently Asked Questions

**What banks does Beqy.ai support?**
Beqy.ai processes bank statements from all major South African banks including FNB, Nedbank, Standard Bank, and ABSA. You upload your statement and the AI reads and categorises every transaction automatically.

**How long is the free trial and do I need a credit card?**
The free trial lasts 30 days, and no credit card is required to start. Full access to all features during the trial — including the AI CFO Chat, financial reports, and automated categorisation.

**Do I need accounting knowledge to use Beqy.ai?**
Not at all. Beqy.ai was built for business owners, not accountants. Every report and insight comes with plain-language commentary that explains what the numbers mean and what action to take.

**What is the AI CFO Chat?**
The AI CFO Chat is a personal financial advisor inside Beqy.ai. Users can ask it anything about their finances — cash flow, spending trends, tax obligations, growth opportunities — and get instant, contextual answers based on actual data.

**How does Beqy.ai handle data?**
Data is encrypted in transit (TLS 1.3) and at rest (AES-256). Beqy.ai is POPIA compliant and data is never sold. User data is not used in identifiable form to train AI models. Users own their data and can export it at any time.

**Is Beqy.ai suitable for VAT-registered businesses?**
Yes. Beqy.ai handles VAT calculations automatically — tracking input and output VAT on transactions, generating VAT reports, and ensuring invoices include the correct VAT amounts.

**Can my accountant access my Beqy.ai account?**
Yes. Through the Partner Programme, accountants can be granted time-limited access to client data — up to 60 days at a time, automatically revoked at expiry.

## Links

- Homepage: https://www.beqy.ai
- Sign Up: https://app.beqy.ai/signup
- AI Bookkeeping: https://www.beqy.ai/features/ai-bookkeeping
- Financial Reports: https://www.beqy.ai/features/financial-reports
- AI CFO Chat: https://www.beqy.ai/features/ai-cfo-chat
- Invoicing: https://www.beqy.ai/features/invoicing
- Forecasting: https://www.beqy.ai/features/forecasting
- Pricing: https://www.beqy.ai/pricing
- For Accountants: https://www.beqy.ai/for-accountants
- About: https://www.beqy.ai/company/about
- Contact: https://www.beqy.ai/company/contact
- Blog: https://www.beqy.ai/resources/blog
- Privacy Policy: https://www.beqy.ai/legal/privacy
- Terms of Service: https://www.beqy.ai/legal/terms