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Pastel

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Record-to-report accounting solutions streamlining financial processes for businesses.

About

Pastel specializes in record-to-report accounting solutions, offering a platform designed to streamline the financial closing process for businesses and individuals. Their services include Swiftmoney, AI-powered solutions, and Sigma products, which aim to facilitate money transfers and enhance operational management. The company targets enterprises and financial institutions, with solutions that automate data entry, reconciliation, and reporting, which may improve transparency and compliance with accounting standards. Pastel integrates with ERP systems and utilizes cloud-based technologies to provide real-time insights into financial health. The company's mission is to advance finance in developing countries, particularly in Nigeria, through the use of technology and AI.

Key facts

Founded
2017
Headquarters
Toronto, Canada

Business model

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Pastel: quick answers

What does Pastel do?
Pastel specializes in record-to-report accounting solutions, offering a platform designed to streamline the financial closing process for businesses and individuals.
Where is Pastel headquartered?
Pastel is headquartered in Toronto, Canada.
When was Pastel founded?
Pastel was founded in 2017.
Which sector is Pastel in?
Pastel operates in Finance & Accounting Technology, part of Financial Technology.
Who are Pastel's competitors?
Companies similar to Pastel include Kippa, CrediBook, and Bazaar.