The Howdy Glossary

inDinero is an accounting software designed for small and medium-sized companies, offering real-time financial management. Its features include tracking cash flow, handling financial transactions, providing payroll services, creating tax documentation, and a forecasting tool to predict future financial statuses based on current data trends. Users can conveniently access these services via web browsers and mobile devices.

Co-founded by Jessica Mah and Andy Su in 2009, inDinero was born out of Mah's challenges with her previous startup's financial management. The platform simplifies accounting processes for businesses by providing comprehensive tools and insights to help them succeed financially. The forecasting feature distinguishes inDinero from traditional accounting software by using current data to predict future finances, aiding in informed decision-making.

In the competitive landscape of accounting software for small and medium-sized companies, inDinero faces rivals like QuickBooks Online, Xero, and FreshBooks. Despite similar offerings from competitors like cloud-based solutions (Xero) or user-friendly interfaces (FreshBooks), inDinero sets itself apart through its unique forecasting capabilities and real-time data tracking accessible via multiple devices. This focus on predictive insights gives it a competitive edge as a comprehensive solution beyond traditional accounting software capabilities.