Xendoo is a fintech company providing online accounting and bookkeeping services to help businesses manage their finances. It is focused on small businesses in US markets such as gyms, hair salons, dry cleaners, and marketing companies.
82% percent that go out of business do so from lack of cash flow, not lack of profitability. Xendoo is setting out to tackle this problem by delivering customers regular financial insights through monthly bookkeeping. Business owners can see their revenue and profitability trends over time, which means any changes that need to be made to cash flows can be implemented quickly.
What distinguishes Xendoo from competitors such as QuickBooks, Xero, Wave, and FreshBooks is that its tools can be used properly or improperly. It currently has customers in 45 US states and 8 countries, which are typically companies with revenue of $500 thousand to $10 million.
Freddie
Company Specialist at Welcome to the Jungle