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Eduard Kotov

Corporate business media and news feed

Company Story

At CostPocket OÜ, we understand that managing expenses can be a daunting task for businesses of all sizes. That's why we've developed an innovative expense management app that harnesses the power of OCR (Optical Character Recognition) to simplify and streamline your financial processes. Our app is designed to make expense reporting effortless, allowing you to focus on what truly matters - growing your business. Our journey began with a vision to revolutionize the way companies handle their financial documentation. We saw the challenges businesses faced with manual data entry, lost receipts,

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Integrating cost management software with your business

Cost management is a critical aspect of business that involves planning, estimating, budgeting, and controlling costs to ensure that a project or company can be
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Cost management is a critical aspect of business that involves planning, estimating, budgeting, and controlling costs to ensure that a project or company can be completed within the approved budget. It's a broad discipline that affects every part of a business operation, from the procurement of materials to the calculation of labor costs. Inefficient cost management can lead to budget overruns, reduced profitability, and even the failure of a business. Without a proper system in place, companies can struggle with delayed financial reporting, lack of visibility into spending, and difficulty in

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