Financial Chain Corporation Czechia and Digitoo Announce Strategic Cooperation

Financial Chain Corporation Czechia (FCC), one of the leading international outsourcing companies with the 22 year history of successfully serving clients from a variety of business segments, and Digitoo, a pioneering company specializing in digital solutions, are thrilled to announce the start of a strategic cooperation aimed at revolutionizing the accounting services landscape in the Czech Republic.

The companies have successfully started the cooperation with Digitoo in the field of artificial intelligence (AI) in accounting and financial services. Within the cooperation FChain received the license to use the AI software linked to the accounting program that will help to provide some automatic accounting services for its clients in Czech Republic. The clients may use the software from mobile phone or computer and upload all necessary documents there, including invoices, bills, bank statements and etc. They can also follow them online in order to check which documents are automatically elaborated by respective accountants. The system is fully secured and trusted.

This partnership brings together FChain’s extensive experience and established presence in the financial sector with Digitoo’s innovative digital technologies. The cooperation is set to deliver cutting-edge products and services that cater to the evolving needs of businesses and consumers in the region by providing modern artificial intelligence tools to every small and medium-sized business.

Under this cooperation, FChain and Digitoo will focus on integrating advanced digital solutions to streamline accounting operations, enhance security, and improve customer experience. Key areas of collaboration include:

1. Digital Accounting Solutions: Developing seamless, secure, and efficient digital accounting that cater to both individual and corporate clients.
2. Enhancing transparency, reduce fraud, and provide more efficient accounting processing.
3. Artificial Intelligence (AI) and Machine Learning (ML): Implementing AI and ML to provide personalized accounting services, analytics, and improved capabilities.
4. Compliance and Risk Management: Enhancing compliance frameworks and risk management processes through automated and intelligent systems.

“At FChain, we are committed to staying at the forefront of financial innovation and services. Our cooperation with Digitoo represents a significant step towards transforming the financial landscape in the Czech Republic. Together, we aim to offer superior accounting solutions that meet the modern needs of our clients,” said Teymur Akhundov, Country Manager of Financial Chain Corporation Czechia.

“We are excited to partner with FChain, a company that shares our vision for digital transformation in accounting. This cooperation allows us to combine our strengths and deliver innovative solutions that will drive efficiency and growth for businesses and individuals alike,” said Petr Chreno, head of GTM of Digitoo.

Digitoo is end-to-end automation software for invoice process. Helping companies whatever size to streamline their invoice processes with AI-powered features like data extraction automation, multi-level approval or bulk payments. Serving more than 3000 clients while significantly cutting costs and saving up to 80% time on invoice processing.