Grants and Contributions:
Title:
Advanced Detail Retrieval for Monthly Reports
Agreement Number:
1036524
Agreement Value:
$75,000.00
Agreement Date:
Nov 3, 2025 - Mar 25, 2026
Description:
Profitual will enhance its monthly financial reporting platform by implementing automated invoice and expense extraction capabilities that provide granular transaction-level insights into financial variances. This system will integrate with major accounting platforms (QuickBooks, Xero) to automatically correlate financial account variances with the underlying transactions, eliminating manual investigation processes. The feature will transform high-level variance analysis into actionable intelligence, enabling non-finance founders to understand financial discrepancies without expensive consultants, accelerating decision-making through immediate visibility into root causes of expense and revenue variances.
Organization:
National Research Council Canada
Expected Results:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Location:
Fredericton, New Brunswick, CA E3B 1S1
Reference Number:
172-2025-2026-Q3-1036524
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
796981264
Recipient Type:
For-profit organization
Recipient's Operating Name:
Profitual Inc.
Recipient's Legal Name:
Profitual Inc.
Federal Riding Name:
Fredericton
Federal Riding Number:
13003
Program:
Industrial Research Assistance Program – Contributions to Firms
Program Purpose:
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Coverage:
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation.
NAICS Code:
541514