FlowFi

FlowFi is an AI-powered financial operating system built for Australian freelancers, contractors, and sole traders. It helps manage finances by automating tasks like bookkeeping, BAS reporting, tax deductions, and cash flow management. This allows users to spend more time on their actual work instead of financial administration.

Benefits

FlowFi acts as a central hub for all financial information, presenting it clearly on an intelligent dashboard. It automatically sorts transactions, calculates GST, and identifies potential tax deductions using artificial intelligence trained on Australian tax laws. Users can easily upload bank statements from major Australian banks. The system is designed to be user-friendly, requiring no prior accounting experience and can be set up quickly. Security is robust, using bank-grade encryption and Australian-based hosting, with options to delete data at any time. FlowFi also provides reports that align with the Australian Taxation Office (ATO) requirements and can create tax packs for accountants.

Use Cases

Freelancers, contractors, and sole traders in Australia can use FlowFi to streamline their financial management. It's ideal for those who want to automate bookkeeping, simplify BAS preparation, track expenses, and understand their cash flow. The platform supports users by making tax reporting easier and providing financial insights without needing accounting expertise.

Pricing

FlowFi offers a free plan with essential features. For more advanced capabilities like AI-driven categorization and receipt scanning, users can choose paid plans, Pro and Business. All plans come with a 14-day free trial, and there are no long-term contracts, allowing users to cancel at any time.

Vibes

Users can upload bank statements directly, and the platform is designed for easy setup in under five minutes, even for those without accounting knowledge. Security measures include bank-grade encryption and SOC 2 certified infrastructure hosted in Australia. FlowFi does not directly access bank accounts or store bank login details. Users have control over their data and can delete it whenever they choose.

Additional Information

FlowFi is an AI-powered financial operating system designed for Australian freelancers, contractors, and sole traders. It automates key financial tasks such as bookkeeping, BAS reporting, tax deduction identification, and cash flow management. The platform provides a comprehensive financial overview through an intelligent dashboard that displays income, expenses, GST, BAS, deductions, invoices, and forecasts. Its AI capabilities are trained on Australian tax rules to accurately categorize transactions and flag potential deductions. Users can upload bank statements from major Australian banks in CSV or PDF format. FlowFi emphasizes ease of use, requiring no accounting background and offering a setup time of less than five minutes. Security is a high priority, employing bank-grade encryption (AES-256 at rest, TLS 1.3 in transit) and SOC 2 certified infrastructure hosted in Australia. FlowFi does not connect directly to bank accounts or store bank credentials, and users can delete their data at any time. The system offers ATO-aligned BAS reporting and can generate tax packs for accountants in various formats. FlowFi provides a free plan, with paid Pro and Business plans offering advanced features. All plans include a 14-day free trial and can be canceled anytime without long-term commitments.