Binocs
ValidatedSoftware
SaaS
Crypto Tax Software
- 77 Followers77 Followers
- 67 Likes67 Likes
About Binocs
Crypto Tax Software designed for Individuals, Chartered Accountants & Institutional Investors. Supports Derivatives, DeFi, Arbitrage, 320+ exchanges, wallets and chains. Download ITR ready reports in 3 easy steps
Binocs is an AI-enabled portfolio tracking and workflow management system designed for private credit funds. The platform enhances operational efficiency and risk management through reliable data processing and advanced analytics. By integrating various financial data sources, it automates document management, cash flow monitoring, and covenant tracking. Binocs aims to streamline the entire workflow of asset managers, borrowers, and service providers, offering a centralized communication platform for all stakeholders involved. The mission of Binocs is to optimize the management of private credit portfolios by leveraging advanced AI technologies to provide accurate and timely insights, ensuring better decision-making and risk mitigation.
Binocs Magic Store Validation Score
See Results ››Validation Score
4.8Validation Date: -
BadJokerYes
HamyalityYes
DarrylYes
rustYes
sole4kaYes
MitrandirYes
0912glazYes
zazanYes
Binocs Review Score by Real Users
- 6
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Great app that shows all possible exchanges that can be used in different blockchains. Suitable for both beginners and experienced usersRead More ››
0 people found this review funny
Binocs is an indispensable assistant for those who make a lot of transactions and then need to make reports and organize everything in its place. I do a lot of activities on different networks, so the free plan is too small for me, and I am not considering a paid plan yet, although I will make a note for the future.Read More ››
0 people found this review funny
I liked that the project interactively shows when where and how transactions were made and in general gives additional extended information about the wallet. It is enough just to enter the address of the wallet in the search bar. For downloading data ask 49$ that as to me is expensive, the price tag of 25$ would be acceptable. It is convenient for accounting. Though KYC is not necessary, but I did not like that it is necessary to enter a phone number for registration.Read More ››
0 people found this review funny
Binocs is definitely a great project and i have been using it from last one year for tracking my portefolio and calculate crypto tax, it supports API from all almost all the excxhanges and interface is friendly and easier to understand.Read More ››
0 people found this review funny
Very simple and very usefull crypto tax app,i liked because usualy when i calculate my tax i lost a lot of time but now with this app i finish much quicker.Read More ››
0 people found this review funny
I liked the project, the interface is very easy to use, easy to operate. I can safely transact without worrying about security it's cool I believe in this projectRead More ››
0 people found this review funny
Every beginning is hard. We are going to see how this wonderful new project surprises us. We are going to experience good vibes.Read More ››
0 people found this review funny
Binocs is user friendly, not required to be an IT expert to administer the system. Minimal effort required for master data input + Reporting tool is extremely powerful and versatileRead More ››
0 people found this review funny
Binocs Magic Store Trust Score
- Security Validators Score
- 12.07.2023Validation Date
Binocs User Trust Reviews
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Binocs FAQ
Binocs ensures high integrity in financial data extraction by utilizing advanced AI algorithms to automatically extract and standardize financial data from multiple sources. This process minimizes human error and ensures that the data is accurate and reliable for analysis and decision-making.
Binocs offers several features for streamlined monitoring, including automated tracking of cash flows, covenants, and ESG metrics. Timely alerts and reminders keep stakeholders informed, while the centralized dashboard provides a comprehensive view of all financial activities, ensuring efficient portfolio management.
The AI-driven risk management system in Binocs uses advanced algorithms to assess risk factors and score potential risks. It features an early warning system that alerts asset managers to potential issues, enabling proactive measures to mitigate risks and protect the portfolio's financial health.
The automated document management system in Binocs centralizes storage and digitization of documents, making them easily accessible and searchable with metadata. This feature enhances efficiency in document handling, reduces manual errors, and ensures that all necessary documents are readily available for compliance and auditing purposes.
Binocs integrates communication through its centralized platform, which facilitates seamless interaction among lenders, borrowers, and other stakeholders. This feature ensures that all parties are on the same page, improving collaboration, transparency, and the overall efficiency of managing private credit portfolios.