Fintech Impact

Liveflow with Anita Koimur | E226


Listen Later

Jason Pereira talks to Anita Koimur, Co-Founder & COO of Liveflow. Liveflow is an online platform that pulls data into Google Sheets from various accounting software to allow and enable different workflows and processes more efficiently than currently can be done within that native software.


Episode Highlights:

  • 3.42: It's amusing and bizarre that the balance sheet and income statement are the first things up there in the accounting world, and most accounts don't even prepare a cash flow statement because they do what they're supposed to do, says Jason.
  • 5.10: A business owner would have multiple spreadsheets, and it's just a nightmare to organize them into a single place, especially if it's Excel, and we just wanted to help them automate everything, says Anita.
  • 12.20: People ask us to integrate the chart platforms, but it's not something very close yet, because we do want to be a financial platform first, and that's something that we can consider going forward, explains Anita. 
  • 15.51: We are very open-minded, and we always say if you have any idea, please submit it because apart from you, there might be like 100 other people wanting the same idea, which will help us prioritize what to release next, says Anita.
  • 19.46: The whole world is moving toward transparency, and Anita thinks the apps should think about bringing business. She wants more connectivity of apps because some don't allow them to pull the data inspector.
  • 20.36: Hiring people very fast is one of the biggest challenges that are not truly sold to startups. The most important part is to be a match on the culture fit, not necessarily 100% of the skill fit.


3 Key Points

  1. Banks are not well synchronized with accounting platforms. Accountants, CFO, and business owners often need to collaborate on banking data, and it's very tiresome to switch between the banks, says Anita.
  2. People still use budgeting and QuickBooks and set it up with their mouse, which is not as convenient as Google Sheets for the keyboard. They want it to be there, and they cannot switch to Google Sheets and their budgets overnight.
  3. With Liveflow, you connect to your QuickBooks account or multiple accounts as an accountant, and you pipe all these standard reports in different tabs in your Google Sheets.


Tweetable Quotes

  • “We are building a fundamentally new category of software. We sit at the intersection of SAAS, accounting, banking, business analytics, and collaboration.” – Anita
  • “You can have as many options as people on earth, and you cannot build something that fits everyone in terms of like dashboards that would execute the job they want.” - Anita
  • “I love our customers because they are very creative people. They tell us what they want, which is amazing!” – Anita  


Resources Mentioned:

  • Facebook – Jason Pereira’s Facebook
  • LinkedIn – Jason Pereira’s LinkedIn
  • Woodgate.com – Sponsor
  • https://www.liveflow.io/
  • https://www.linkedin.com/in/anitakoimur/

Hosted on Acast. See acast.com/privacy for more information.

...more
View all episodesView all episodes
Download on the App Store

Fintech ImpactBy Jason Pereira

  • 3.9
  • 3.9
  • 3.9
  • 3.9
  • 3.9

3.9

7 ratings


More shows like Fintech Impact

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,329 Listeners

Masters in Business by Bloomberg

Masters in Business

2,173 Listeners

Odd Lots by Bloomberg

Odd Lots

1,935 Listeners

The Daily by The New York Times

The Daily

112,027 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,028 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

8,481 Listeners

The Rational Reminder Podcast by Benjamin Felix, Cameron Passmore, and Dan Bortolotti

The Rational Reminder Podcast

473 Listeners

The Perfect RIA by Matthew Jarvis, CFP® & Micah Shilanski, CFP®

The Perfect RIA

463 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,111 Listeners

The Long View by Morningstar

The Long View

917 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,946 Listeners

Ask The Compound by The Compound

Ask The Compound

324 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

134 Listeners

Money Stuff: The Podcast by Bloomberg

Money Stuff: The Podcast

393 Listeners

The Loonie Hour by Steve Saretsky

The Loonie Hour

13 Listeners