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Innovation & Technology Request

Process Automation in Accounting

Country of Origin: Luxembourg
Reference Number: TRLU20171130001
Publication Date: 5 December 2017

Summary

A Luxembourg based company that provides corporate and management services to companies is looking for a new technology to automate the accounting processes in day-to-day work as much as possible. The company is looking for start-ups that can provide an all-inclusive tool with some further development to be carried out under technical cooperation agreement.

Description

The company is an independent company that provides corporate and management services to companies that are incorporated in Luxembourg. Created in 2003, it employs approximatively 30 persons and also has a presence in Geneva and in Monaco.
It serves a broad range of clients worldwide including real estate, private equity and other traditional and alternative investment structures, as well as providing solutions for corporate and private clients.
The company is looking for start-ups that will help to increase the global efficiency and reduce wasted time in routine and manual tasks of the accounting process.

Some examples of innovative solutions to be provided:
• Collecting accounting documents using a mobile device
• Creating online boardrooms
• Developing tailor-made reporting for clients
• Designing client-friendly interfaces
• Offering automatic fee quotes through website
• Improving global Know Your Customer (KYC) procedure

The company is looking for start-ups active in the area of tailor-made corporate services to real estate, private equity and other traditional and alternative investment structures to set-up a technical cooperation.
Interested companies will be asked to register their offers via a dedicated website and will be asked to respect the predefined calendar:

• January 12th: Application deadline
• January 17th: Shortlist announcement
• February 2018: Interview round
• February 2018: Final selection

Expertise sought

Fintech 
Process automation
Artificial Intelligence

Stage Of Development

Available for demonstration

Stage Of Development Comment

Both young and mature start-ups from all over the world are welcome to apply. Early stage start-ups should however already have a developed prototype or Minimum Viable Product (MVP) of their solution. They should also be able to provide data on their market validation and have a strong team backing their project.

Requested partner

- Type of partner sought:
Any interested startups are invited to apply today, and no later than January 12th, 2018 for a first evaluation of their application.
Selected startups will have an interview with the selection committee:
• January 12th: Application deadline
• January 17th: Shortlist announcement
• February 2018: Interview round
• February 2018: Final selection

- Specific area of activity of the partner: tailor-made corporate services to real estate, private equity and other traditional and alternative investment structures.

Cooperation offer is closed for requests