Question 1

What are the steps from raw statements to a finished report?

Accepted Answer

Eight stages: create the workspace, upload documents, review the extraction, let NanoFora normalise the lines into double-entry accounting, run the AI audit, work the findings, read the reports and set your forward assumptions, then export or schedule monitoring. The help centre walks through each stage in detail.

Question 2

What files can I upload?

Accepted Answer

Bank statement PDFs, invoices and receipts, and CSV, XLSX, OFX or QFX exports. You can select multiple files at once and each keeps a persistent processing status you can leave and return to.

Question 3

How do I audit a company's sheets?

Accepted Answer

Once the ledger is normalised, set materiality, the round-number multiple, outlier sensitivity and the duplicate window, choose which of the eleven checks to run, and run the audit for a period. It tests the whole population, not a sample, and returns findings with severity, confidence and exposure — plus an opinion for the period. Audits can be scheduled monthly or quarterly.

Question 4

How do the future assumptions work?

Accepted Answer

Forecasts start from your last three recorded months and apply the assumptions you set per scenario — revenue growth, expense growth, collection delay and one-off cash. Base, best and worst case project six months forward with a closing cash position, and every assumption change is diffed and logged for the audit trail.

Question 5

What can I take out of the platform?

Accepted Answer

P&L, cash flow, audit workpapers and the what-if change log export to PDF or CSV with your branding and an evidence appendix, and there is a dedicated investor-grade report with the forecast and its confidence bands.

Question 6

What do I need to start using NanoFora?

Accepted Answer

An email address and some financial data. That can be a bank statement PDF, a CSV export from your accounting software, or a folder of invoices. You can create a workspace and process your first document within a few minutes.

Question 7

Do I need an accounting background?

Accepted Answer

No. NanoFora is designed to be asked questions in ordinary language. Where a financial term appears in an answer, it links to a glossary entry explaining what it means and why it matters.

Question 8

Can I use it for more than one company?

Accepted Answer

Yes. Each company is a separate workspace with its own data, members and permissions. Paid plans support multiple workspaces and group-level views.

Question 9

Does the AI make up numbers?

Accepted Answer

No. All financial figures are computed deterministically from your data using queries and formulas. Language models are used to interpret your question and explain the result, never to produce the value itself.

Question 10

What happens if the data can't answer my question?

Accepted Answer

NanoFora tells you what is missing rather than producing a plausible-sounding estimate. Being explicitly unable to answer is treated as the correct behaviour.

Question 11

Is my data used to train AI models?

Accepted Answer

No. Your company data is used only to answer questions inside your own workspace. It is not used to train shared or third-party models.

Question 12

Can I verify an answer?

Accepted Answer

Always. Every figure links back through the transactions used to compute it to the original uploaded document and page.

Question 13

How is my data separated from other customers?

Accepted Answer

Every record carries a company reference and access is enforced by database-level row security policies. Isolation does not depend on application code behaving correctly.

Question 14

Can I control what my team sees?

Accepted Answer

Yes. Eight roles from owner to viewer map to an explicit permission matrix that is checked on the server for every action.

Question 15

Is activity logged?

Accepted Answer

Yes. Creation, modification, access and deletion events are recorded in an immutable audit log with actor and timestamp.

Question 16

Is NanoFora a replacement for my accountant?

Accepted Answer

No, and it is not intended to be. NanoFora produces analysis for information. Statutory accounts, tax filings and audit opinions must come from a qualified professional.

Question 17

Can I rely on it for investment decisions?

Accepted Answer

NanoFora is not a licensed investment adviser and its research output is informational only. Treat it as a faster way to read and structure evidence, not as a recommendation.

Question 18

What about accuracy of document extraction?

Accepted Answer

Extractions below the confidence threshold are flagged for human review rather than accepted silently. You can always compare an extracted value against the original page.

Questions people ask before trusting software with their books

The NanoFora flow

Getting started

How the AI works

Security and access

Limits and responsibilities