Question 1

What is Oloro?

Accepted Answer

Oloro is a cloud-based accounting platform built for small businesses. It handles invoicing, expense tracking, bank reconciliation, and financial reporting in one modern interface — no accounting degree required.

Question 2

How much does Oloro cost?

Accepted Answer

Oloro costs €35 per month per organisation. There is a 14-day free trial with no credit card required. All features are included — no tiers, no hidden fees.

Question 3

What features does Oloro include?

Accepted Answer

Oloro includes invoicing, bill management, bank reconciliation, 30+ financial reports (Profit & Loss, Balance Sheet, Cash Flow, Trial Balance, and more), multi-currency support with live exchange rates, quotes, purchase orders, credit notes, fixed asset management, manual journals, budget tracking, and team collaboration.

Question 4

Does Oloro support multiple currencies?

Accepted Answer

Yes. Oloro supports multiple currencies with live exchange rates from the European Central Bank (ECB). You can invoice and manage bills in any currency, and track realised and unrealised foreign exchange gains and losses.

Question 5

Can I import data from other accounting software?

Accepted Answer

Yes. Oloro supports data migration from Xero and other platforms via CSV and Excel file imports — including contacts, invoices, bills, bank transactions, chart of accounts, manual journals, and trial balances.

Question 6

Is my financial data secure?

Accepted Answer

Yes. Oloro uses bank-grade encryption (TLS 1.2+ in transit, AES-256 at rest) with strict access controls and regular security audits. Oloro is fully GDPR compliant and based in Ireland.