Simetrik
Simetrik, based in Bogotá, Colombia, offers a comprehensive platform for automating and optimizing financial and accounting processes, serving clients globally across various industries.
Company Overview
Simetrik, located in Bogotá, Colombia, operates within the Consumer industry, specifically in the Apparel and Cosmetics sub-industry. Simetrik offers a platform designed to automate and optimize financial and accounting processes, focusing on providing end-to-end reconciliation solutions for various industries. The company is known for its robust no-code and AI technologies, which empower FinOps, Accounting, and FP&A teams. Having served clients globally in over 35 countries, Simetrik handles the reconciliation of over 200 million records daily.
Simetrik's Financial Automation Platform
Simetrik provides a comprehensive platform to automate financial controls and reconciliations securely and quickly. The solution integrates with 1200 data sources and offers features like Simetrik Building Blocks (SBBs) for scalable automation. The platform employs No Code technology, delivering an intuitive interface modeled after spreadsheets, making it accessible for various teams. It ensures data security and compliance with industry standards through AICPA Security Compliance and other certifications.
Global Clientele and Market Reach
Simetrik serves a diverse range of clients across multiple industries, including notable companies such as Bancolombia, MadeiraMadeira, and OXXO. The company's solutions are deployed in over 35 countries, emphasizing a strong global footprint. Simetrik supports enterprises in regions including Colombia, Latin America, and remote operations, addressing the financial automation needs of businesses worldwide.
Technology and Security
The technology behind Simetrik's platform focuses on robustness and user-friendliness. By leveraging no-code and AI capabilities, Simetrik ensures seamless automation of financial processes. The platform is built with a big data infrastructure that is scalable, secure, and compliant. Security and data integrity are prioritized, with the company guaranteeing AICPA Security Compliance and supporting information security through various certifications.
Y Combinator and Team
Simetrik was part of the Y Combinator Winter 2018 batch, demonstrating its innovative approach and potential for growth. With a dedicated team of 68 professionals based in Bogotá, the company supports both onsite and remote working models, facilitating a flexible and dynamic work environment. Their focus is on continuing to enhance their financial automation solutions, driven by technological advancements and industry needs.