Bubble Group > Case Studies > Isitu: Simplifying Financial Reporting for SMEs with IoT

Isitu: Simplifying Financial Reporting for SMEs with IoT

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Applicable Industries
  • Cement
  • Finance & Insurance
Use Cases
  • Leasing Finance Automation
About The Customer
Isitu's primary customers are small and medium enterprises (SMEs). These businesses often struggle with understanding their financial situation, which can lead to uncertainty and lack of confidence with financial partners. They need a quick and easy way to get a clear and precise vision of their finances. Isitu provides this service, offering a complete financial statement in under 48 hours. The app is designed to be user-friendly, with clear explanations of what the service is, why it's beneficial, how it works, and how much it costs. The app also offers free content to help users understand corporate finance better.
The Challenge
The founder of Isitu, Thomas Yeddou, identified a significant challenge faced by small and medium enterprises (SMEs) - understanding their financial situation. Many SMEs struggle to get a clear and precise vision of their finances, which can lead to uncertainty and lack of confidence with financial partners. This lack of clarity can also hinder the ability to plan and prepare for the future. The process of obtaining a complete financial statement of a company can be time-consuming and complex. Furthermore, Thomas, an ex-corporate banker, wanted to start his business and launch an app but had no knowledge about coding.
The Solution
Thomas discovered Bubble, a no-code tool, and used it to create Isitu. Isitu is an app that simplifies the process of obtaining a financial statement for a company. Users simply need to provide their contact information and an accounting document, and Isitu will provide a complete financial statement in under 48 hours. The app is designed to provide a user-friendly experience with three main parts on the website that explain what the service is, why it's beneficial, how it works, and how much it costs. The app also offers free content to help users understand corporate finance better. Thomas plans to automate all the analysis on the website and create a profile for customers, so they can simply log in and automatically get their financial situation.
Operational Impact
  • The operational results of Isitu have been significant. The app has simplified the process of obtaining a financial statement for a company, making it easier for SMEs to understand their financial situation. This has led to increased confidence with financial partners and better planning and preparation for the future. The user-friendly design of the app has also made it easy for users to understand what the service is, why it's beneficial, how it works, and how much it costs. The free content offered by the app has further enhanced users' understanding of corporate finance. The planned automation of analysis on the website will provide instant access to financial situations, further enhancing the user experience.
Quantitative Benefit
  • Isitu provides a complete financial statement in under 48 hours.
  • The app offers free content to help users understand corporate finance better.
  • Isitu plans to automate all the analysis on the website, providing instant access to financial situations.

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