Finlytic is an AI-powered tool designed to simplify tax compliance for small and medium-sized enterprises (SMEs) in Nepal. It uses state-of-the-art machine learning models to automate tax-related processes, making tax compliance hassle-free and reducing the risk of penalties.
Finlytic’s finlytic-categorize model leverages machine learning to automatically classify expenses into appropriate tax categories. This reduces manual effort, minimizes errors, and keeps your financial records accurate.
The finlytic-compliance model constantly monitors your financial transactions, ensuring they adhere to Nepalese tax laws. Get instant feedback on compliance issues, allowing you to fix problems before they become costly.
Stay on top of tax filing deadlines with automatic email reminders. Finlytic ensures that you never miss a key date and avoid unnecessary late fees.
- Data Input: Connect Finlytic with your existing accounting system or manually upload financial data.
- AI Processing: Finlytic’s machine learning models analyze your transactions in real-time for compliance and categorization.
- Output: Receive compliance reports and email reminders for upcoming tax obligations.
- Ease of Use: Quick setup and user-friendly interface.
- Cost Savings: Reduce dependency on expensive tax consultants with automated solutions.
- Scalable: Finlytic adapts as your business grows, ensuring long-term support.
- Compliance Assurance: Instant feedback and accurate filing, saving you from penalties.
- Web App/Frontend: Django for a smooth and responsive user interface.
- Machine Learning Models:
- Backend: FastAPI for efficient API handling.
- Database: PostgreSQL for secure and scalable data storage.
- ML Frameworks: TensorFlow, Scikit-learn, and Keras for building the machine learning models.
- Hosting: Huggingface for model hosting and deployment.
To get started with Finlytic using locally hosted models, follow these simple steps:
Before installation, ensure you have the following:
- Python 3.8+
- Django (for the web app)
- FastAPI (for API handling)
- PostgreSQL (database)
- TensorFlow, Scikit-learn, and Keras (for machine learning models)
- Git (for cloning the project)
git clone https://github.com/your-repo/finlytic.git
cd finlytic
Make sure you’re in the project directory and then install all necessary Python dependencies:
pip install -r requirements.txt
Make sure you have PostgreSQL installed and set up. Create a new PostgreSQL database for Finlytic:
# Access PostgreSQL
psql
# Create database
CREATE DATABASE finlytic_db;
Update the settings.py
file in Django with your PostgreSQL credentials.
python manage.py migrate
Clone the machine learning models (previously cloned and used locally):
git clone https://huggingface.co/comethrusws/finlytic-compliance
git clone https://huggingface.co/comethrusws/finlytic-categorize
Place them in the models/
directory within the project folder.
Install the Huggingface libraries to load the models locally:
pip install transformers
In your Django or FastAPI code, load the models as follows:
from transformers import AutoModel, AutoTokenizer
# Load Finlytic-Compliance Model
tokenizer_compliance = AutoTokenizer.from_pretrained("models/finlytic-compliance")
model_compliance = AutoModel.from_pretrained("models/finlytic-compliance")
# Load Finlytic-Categorize Model
tokenizer_categorize = AutoTokenizer.from_pretrained("models/finlytic-categorize")
model_categorize = AutoModel.from_pretrained("models/finlytic-categorize")
Once everything is set up, you can run the Django web server:
python manage.py runserver
For the API, if you're using FastAPI, run it using:
uvicorn main:app --reload
-
Access the Web App
Navigate tohttp://localhost:8000
to use the Finlytic web app interface. -
Expense Categorization
Upload your expense data, and Finlytic will automatically categorize it using the locally hosted finlytic-categorize model. -
Compliance Check
Check your transactions for compliance with Nepalese tax laws using the finlytic-compliance model.
Now you're all set to use Finlytic! 🎉
- Immediate Benefits:
- Save time with automated processes.
- Reduce costs by cutting out the need for third-party tax experts.
- Ensure higher accuracy in tax filing.
- Future Growth:
- Adapt to evolving tax laws.
- Expand to cater to more complex tax systems beyond Nepal.
With Finlytic, your business can confidently navigate tax regulations while focusing on growth. Say goodbye to complex tax processes and hello to simplicity, accuracy, and compliance.