profyt.co

What It Is

Profyt is an outsourced finance service provider for small and medium-sized businesses and CPA accounting firms. Its core positioning is not that of a traditional pure SaaS product; instead, it provides bookkeeping, financial reporting, payroll, tax, and advisory services through a professional accounting team. Profyt emphasizes acting as an “extension of the client’s team,” helping small businesses reduce the burden of financial operations while also giving CPA firms scalable support during tax season or staffing shortages.

Core Capabilities

For SMEs, Profyt offers comprehensive bookkeeping, financial reporting, Payroll Services, tax preparation, and tax planning, with the goal of helping businesses access timely and accurate financial information. For CPA Firms, it provides outsourced accounting and bookkeeping, account reconciliation, financial data analysis, tax consulting, audit services, and support for setting up overseas operations. Its process includes an initial consultation, a customized service plan, integration with existing operations, and ongoing optimization. The materials state that clients are not required to use proprietary software: they can bring their own accounting software or use tools recommended by Profyt, which is friendly to small businesses that already have an established tool stack.

Pricing

SME pricing is relatively clear: Freelancer costs $69/month and supports up to 10 bills, statements, or invoices, excluding payroll; Small costs $99/month and is designed for organizations with monthly spending below $7,500, supporting up to 20 documents and including payroll support; Professional costs $149/month and is suitable for monthly spending below $15,000, with up to 40 documents; Enterprise costs $199/month and is intended for monthly spending below $30,000, with up to 100 documents. Pricing for CPA firms is not publicly disclosed and requires contacting the company for consultation.

Pros and Cons

The advantages are a broad service scope, low and transparent SME plans, no long-term commitment, and an emphasis on customization and human professional support. The drawbacks are also clear: public information lacks key SaaS capabilities such as third-party integrations, permission management, APIs, and automated workflows; security and compliance are described only in broad terms such as “enterprise-grade security,” with no certification details; and the commercial terms for CPA firms are not transparent.

Who It’s For and Access from China

Profyt is better suited to small businesses, freelancers, and CPA firms that want to outsource basic finance functions or need additional capacity during tax season or offshore accounting support. If a company needs a highly productized finance SaaS platform, complex approval permissions, or developer interfaces, the publicly available information is not enough to determine fit. There is no clear information on access from China, so its status is unknown.