Pennylane

A financial and accounting platform designed for SMBs and their accountants. The service centralizes all financial data in real-time, allowing business managers to handle invoicing, payments, and cash flow, while providing accountants with a comprehensive production tool.

The platform operates primarily in the French and European markets, targeting small and medium-sized businesses, freelancers, and accounting firms. Its business model is based on a subscription service that provides a unified solution for both the company and its external accountant, fostering collaboration and eliminating the need for data exchange through disparate systems.

By offering a single source of truth for financial data, the company enables real-time visibility into financial performance. Key features include sales and purchase management, cash flow forecasting, and reporting dashboards. The service is also a certified Partner Dematerialization Platform (PDP) in France, ensuring compliance with upcoming e-invoicing regulations.

Keywords: financial platform, accounting software, SMBs, chartered accountants, e-invoicing, financial management, real-time data, cash flow, business intelligence, fintech