Singapore-based startup Agen is on a mission to simplify nutrition with personalised health solutions. With a small agile team, it needed to minimise time spent on administrative tasks and maximise its focus on product development.
Seeking to be up and running quickly, its founder Vladimir Sitnikov sought a solution that would be reliable, efficient and easy to use.
He wanted to avoid the common pitfalls of startup administration — the complexities of incorporation, accounting and compliance.
Agen chose Osome based on strong recommendations from fellow entrepreneurs, a user-friendly interface, competitive pricing, and responsive support.
“I have used other solutions in previous companies, and Osome was very easy to start with — plus, it provided great automation and integration with banking,” said Sitnikov.
Osome also has the ability to handle multi-currency transactions — critical for Agen’s international market and supplier base.
Agen began using Osome in July 2024. The onboarding and incorporation process was described as the easiest Sitnikov had encountered, thanks to Osome’s streamlined workflow and excellent support.
Benefits
- Time savings: Osome has reduced Agen’s accounting and compliance workload to less than two hours per quarter, enabling the startup to focus on core business activities.
- Seamless integration: Integration with banking platforms such as Revolut enabled smooth financial operations that support Agen’s international transactions and reporting needs.
- Enhanced reporting and analytics: The platform offered reporting and analytics that are especially useful for managing payments and accounts in multiple currencies.
- Responsive support: Questions and issues were often resolved quickly within hours, providing peace of mind and operational continuity.
- Scalability: The solution lets the small agile team scale without being bogged down by routine administrative tasks.
“For new companies, saving time is critical, especially if the team is small and agile. We picked Osome because it helps us save valuable time and capacity on routing accounting, reporting, and compliance. Also, as soon as we had questions, they were always covered in days, sometimes hours,” said Sitnikov.
Having owned companies in multiple jurisdictions, he found Osome’s process to be the easiest by far, underscoring the platform’s user-centric design and efficiency.
Transformative impact
Agen’s experience with Osome highlights the transformative impact of choosing the right digital partner for business administration. By automating and simplifying incorporation and compliance, Osome enabled Agen to focus on its mission while confidently managing the complexities of running an international startup.
Osome recently enhanced with improved navigation, clearer document upload processes and real-time visibility across book-keeping, tax, and corporate secretarial milestones.
Sitnikov found the reporting and analytics to be useful, especially as Agen works with international customers and suppliers, and has bank accounts and payments in multiple currencies.
Osome has built its solution with entrepreneurs in mind. “Product management is mainly about choices — choosing what to build and, just as importantly, what not to build. We focus on clear target segments and their pain points or needs when designing and building features,” said Tamas Gögge, Chief Product Officer of Osome.
Entelechy Asia 