About us

Firmway is the brainchild of 3 Chartered Accountants who embarked on the seemingly unrealizable path of moving the accounts team from being a cost center to a profit-increasing center. They intended to do so using tech driven insights, game changing software and deep analytics. With each partner having extensive finance, taxation and accounting background, they understand the compliance and accounting requirements and have transformed them into simple-to-use software through Firmway.
Having been in the market for over half a decade, the organization has successfully enabled over 500 Corporates and over 500 Audit Firms for process improvement, cost savings and strategic decision making .

Confirmations being an important source of authentication for the various stakeholders, the various flaws associated with the manual process had to be mitigated. To ensure a flawless and effortless process of obtaining confirmations, an effective and proficient platform was obligatory – this led to the birth of FIRMWAY. The unique verification process makes it a firm – way of obtaining confirmations, thus aligning the operations with the name.
For the first time in India, a digital platform is being catered to channelize the entire confirmation process.

Steering Firmway manifest this novel idea in the digital space is CA N. Jayendran who oversees the
project as a guide and mentor to the young team.

Mission

Our mission is to use technology in enabling the Accounts Team to increase their net profits by up to 10% by blocking their revenue leakages.

Firmway mission
Firmway vision

Vision

Creating a touchless confirmation & reconciliation software which can confirm and auto reconcile critical data points to identify any revenue leakages.

Mission

Our mission is to use technology in enabling the Accounts Team to increase their net profits by up to 10% by blocking their revenue leakages.

Firmway mission

Vision

Creating a touchless confirmation & reconciliation software which can confirm and auto reconcile critical data points to identify any revenue leakages.

Firmway vision

Our Journey

2015

This is when Firmway was conceptualized.
My business partners and I sat down to discuss the business feasibility of the idea.

2016

On the 19th of July, we incorporated & started development.
A month later, on the 16th of August, we did our first hire.
Furthermore, we got incubated by Zone Startups (JV between Ryerson University, Toronto and Bombay Stock Exchange Institute) and welcomed Jay Savla, our 3rd cofounder, on board.
2017

On the 17th of August, we bagged our first client. Thereafter, we got shortlisted by HDFC Bank at the 2017 HDFC digital innovation summit.
2018

Won the 2018 Mumbai Roadshow of Fintegrate Zone.
Built our GST reconciliation software.
Got incubated by the Institute of Chartered Accountants of India (ICAI).
Became one of the 4 companies that won a commercial contract in the Viacom18 Startup Engagement Program. We restructured the business towards profitability.
What a year! We will forever look back and be grateful!

2019

Built MSME status confirmation tool and bank confirmation tool. This was a big project and our wonderful team pulled it through with hard work and dedication.
Got selected by Village Capital’s Finance Forward: South Asia in their cohort.
2020

Built customer collections, auto-reconciliation, and data management.
Furthermore, we formed an official advisory board of CA Jignesh Kenia, CA Utpal Doshi and Krupal Solanki.
We successfully closed an angel fundraise from CFOs and Audit Partners of Big 4s and large CA firms.
Partnered with ICAI to take our products to all CAs globally.

Founding Team

Advisor

Jignesh

Jignesh Kenia

Utpal

Utpal Doshi

Krupal

Krupal Solanki

Advisor

Jignesh

Jignesh Kenia

Utpal

Utpal Doshi

Krupal

Krupal Solanki



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