This task can be performed using Nume
The AI CFO for Startups and SMEs
Best product for this task
Nume
ai
Most companies don't have a CFO - or theirs is stretched too thin. Nume is the first AI CFO that monitors your company finances 24/7 and sends alerts via Slack and email. It spots cash flow issues before they hurt you. It answers your questions instantly - burn rate, runway, projections. Integrates with Xero, QuickBooks, Slack and your bank accounts in 5 minutes.
What to expect from an ideal product
- Connects directly to your accounting software and bank accounts to pull real-time financial data without manual input
- Tracks your monthly spending patterns and calculates burn rate automatically based on actual cash outflows
- Projects runway by dividing current cash balance by your burn rate and adjusts for seasonal spending changes
- Sends instant alerts when burn rate spikes or runway drops below safe thresholds through Slack or email
- Answers specific financial questions on demand so you can get burn rate and runway numbers whenever you need them
