Video: Campfire Product Demo 07/08 | Duration: 732s | Summary: Campfire Product Demo 07/08 | Chapters: Welcome to Campfire (13.76s), Campfire Platform Overview (107.835s), Platform Demo Overview (160.745s), Custom Report Building (240.72s), Report Generation (335.405s), Accounting Automations (419.955s), Close Management & Summary (569.75s), Closing Remarks (644.065s)
Transcript for "Campfire Product Demo 07/08":
Awesome. Hey, everyone. Welcome to the Campfire session today. Thanks everyone for hopping on today. I know it's a it's a busy time of of the month, and, we really appreciate your time. We're super excited to talk and show about the Campfire platform. We're an ERP, an AI native ERP system, that's designed to be, like, the next gen tool for folks that are on QuickBooks or on NetSuite or on Sage Intacct. And we're super excited to show you the Kempire platform today. I'm gonna pull up my screen, and then we can start with the presentation. So, Lauren, who's in the background, is, is also saying as well, if there's any questions, feel free to put them in the chat or in the q and a. Best way for us to kinda talk about kind of the value that Campfire can provide. We'll be doing live q and a throughout the kind of call today, but this is the Campfire platform. We're the AI native ERP for high growth companies. So companies on Campfire close faster. We support over a 180 currencies and can process high transaction volumes within the Campfire system. And then, again, what Campfire is is we're a full, financial and accounting platform for companies. This is, basically, like, the tool that's used to help automate and manage a lot of your day to day accounting tasks, within the Campfire platform and do consolidations and reporting. Current state of ERP, we really built Campfire just because we saw from a lot of existing ERP vendors that you have lengthy implementations, it's difficult to customize, some of them are not multi entity, and you can't do consolidations on them, and they're very expensive within the tool, and they don't really scale with large transaction volumes. We really built Campfire to fix a lot of these issues. Specifically, we built the Campfire platform. We built it to also simplify the offerings as well. So instead of, like, kind of having a very kinda compartmentalized tool where, like, you have to buy, you know, fixed assets separately from leases, we just give everything in one single platform. So with the core accounting, you have the GL, you have multi entity, you have the closed management, prepaid fixed assets, leases, accruals. And on the revenue management side, you have, like, revenue recognition, invoicing payments, KPIs, everything like that, and it's all kind of wrapped around like an AI layer within Campfire. So, with that, would love to show a little bit about the Campfire platform specifically today. So I'm gonna pull up my screen, and we can start with a product demonstration. Again, just any questions, put them in the q and a. We'll be answering them live within the tool. But Campfire is an AI native ERP system. So this is the front page whenever you log into Campfire. A couple of KPIs and metrics that come out of the box that will show you things like AR, approvals needed, categorized transactions, and cash. We have all the kind of core financial statements. So like income statement, balance sheet, cash flow, trial balance, budget versus actual reporting as well. This is what kind of an income statement looks like within Campfire. So this one's broken out on a month by month basis. But what we can do really easily in Campfire is if you wanna group any of your reports, you can go to the group by and switch to something like multi entity. And then Campfire is fully multi entity. So you can switch between all of your different subsidiaries, parent company, consolidated total eliminations as well. So full kind of consolidation automation within the Campfire system, and you can break out between different entities, different currencies, different custom dimensions or tags as well. So full kind of customization on, the multi entity and multicurrency within Campfire. This is, again, the income statements, and then we have custom reports in the Campfire tool as well. So a custom report would be something like, let's say we want to build a custom p and l. We can report and build kind of a custom income statement here. And then let's build a custom report. Custom income statements. And this is like a custom income statement within the Canfire platform. So the custom income statement, this is where you have all, like, your GL accounts associated. If you wanna manipulate and, like, let's say you're doing an EBITDA style report and you wanna drag and drag drag and drop out a GL account, you can just drag and drop it out into move rows and then things like OPEX and the income recalculate. Or if you wanna move, like, IT expense into COGS, you can just drag it into COGS, and COGS recalculates with that GL account. So it's full, like, customization, drag and drop that it never affects your core income statement within Campfire, for any use tooling. But just wanna highlight some of the, like, ease of reporting within Campfire. We have budget versus actual, cash reports, balance sheet, income statements. And, of course, there's any report that you can't custom build within Campfire. Let me just send this off. We also have, of course, Embraer AI. So Embraer AI is kind of our AI tool that you can use to ask any questions that sits on top of our platform. You can ask it questions like, build me a report that shows the trends in revenue, COGS, OPEX on a month over month basis for q two twenty twenty six, in table, in visual formats. And then what we can do is, yeah, what we can do is, we can have it generate any sort of report data, to build, like, the charts and the graphs and anything like that. So if there's any report that, you know, you just wanna get off the fly, you can build any sort of report here by just asking any sort of question within the tool. And it'll get all the data and kind of prepare like the visual and information as well. So here's like all of the month over month information. It's gonna build, like, the visual charts and graphs as well. And these are all exportable too. So these are exportable down into, individual kind of, tables, Excel files, you know, images, PDFs, anything like that. So you can get all this data in or outside of Campfire for, like, board deck reporting. Here's kind of, like, more generalized information about the tool as well so you can get information about trends and COGS, OPEX, supporting files. Really, like, anything you wanna kinda put a prompt into the question, into the platform, you can get kind of that answer for out of Campfire. And then as well, what you can do is, you can also have it do, like, accounting automations. So accounting automation would be, like, every month, we get a vendor bill from our vendor, let's say, Figma. Can you build a journal entry allocation, j e, for us to allocate by departments, by headcount? And we'll say something like, use use, April 2026 as a starting point and show your work. So what the Canfire platform can do is it can generate all this information, and then it can go find the vendor bills that are associated with it. You can find all the vendor bills associated with it. Can find all, like, the information and codings and everything like that. It'll actually prepare, like, what the journal entry should look like. So here's, like, the journal entry preparation. Like, create journal entry. You can see, like, all the code that's being generated, how it's building the allocation, like, by headcount, by percentage. And then we're very adamant that our AI never auto books any journal entries for you. So you have to actually just go in and hit create journal entry, but we prepare the JE for you with the allocation percentages, with the memos, with the dollar values. And if you hit save transaction, then the transaction posts within Campfire where you can view the transaction and then be able to, like, view back at the Ember chat. Ember AI is the source. And then the audit log, you have all of the information about, like, who is created by and everything like that. We can always go click back and view into the Ember chat and go back into the instance with, like, the chat prompt. You have the full audit trail as well, supporting documentation, everything like that within the Campfire tool. So full kind of automation that we have in terms of, automating accounting tasks. We can do this for accruals. We can do this for fixed assets. We can do this for really anything, can create entries into Campfire platform or, like, fixed assets. We have customers that will, like, drag and drop, like, entire lease PDFs into Campfire, and we'll build the full, like, lease amortization schedule for them off of just, like, a PDF that are able to be read. And then to kinda finish this off, within, like, the close management for Campfire, we have the close checklist, which is kind of a checklist that you have every month. So you can manage, like, your entire close in Campfire, do things like eliminate intercompany transactions, FX revaluations, depreciate your fixed assets, or amortize your leases. Our AI tools can help do things like account reconciliations, the flux analysis, or manage your accruals within Campfire as well. And on the accounting side, you have, like, journal entries, intercompany journal entries, invoices, bills, amortizations, fixed assets, leases, all that kind of tooling within the Campfire system, that you can help manage within the in the system. So there's a wide variety of what Campfire can handle. It can handle revenue recognition, invoicing, APAR, subledgers, amortizations, fixed assets, leases, the closed management. And, of course, we've kinda wrapped it up in the AI tooling within Campfire as well. So you can use that to help manage all of the, systems within the, Campfire system, and be able to use that to help manage a lot of your day to day accounting tasks. So the fastest customers on Campfire are able to cut down their close oftentimes from a couple weeks down to a couple days and help automate a lot of tasks with the agent platform in Campfire. Campfire today is for customers that are typically between, I would say, $5,000,000 in revenue annually. And our biggest customer right now is about 3 to 4,000,000,000 in annualized revenue. And then as well, on Campfire, we have public customers in the Campfire platform as well that are handling things like, approval workflows, audit controls, audit logs, segregation of duties, everything like that that you need in the full kind of, mature ERP system. So just to finish this off, again, we're a full kind of accounting finance platform on Campfire with a lot of really great tools that, are very unique into Campfire and then wrapped around an AI tooling and AI system to help you manage a lot of your kinda day to day transactions and, everything like that. But with that, just wanna say thank you so much for everyone's time today. We're really excited to see what Campfire can do for you and your business. So after this call, someone from our team will reach out to everyone and kind of, ask to see, like, you know, we'll we'll basically go and try to see, you know, if you're interested in seeing a product demonstration of Campfire, and we'll build a much more detail detailed product demo, and see if we can partner up, and if Campfire can be your partner for for growing your business. So, again, just wanna say thanks so much, everyone. I hope you have a really great rest of your week, and we'd love to hear from you to see if, Campfire would be a really great tool, as you expand your business. So same thanks so much, everyone.