We bought an accounting firm and took its operating profit margin from 5% to 70%.
We rebuilt the entire firm to be AI native. Now we're partnering with firms across the country to do this at scale. With AI, we can deliver accounting services faster, cheaper, and more accurately to millions of small businesses that have traditionally seen clean books as a luxury.
Humans are not going anywhere. Accountability, empathy, and human context are still critical in this business, and staff will simply shift to higher value services like advisory work while an army of agents handles routine tasks.
We're currently both acquiring accounting firms and working with firm owners to make their operations AI native. If you're a firm owner, please reach out.
Minerva (https://t.co/dymlukptg5) is building the future of accounting.
From transaction categorization through bookkeeping and reconciliation to tax-ready reports and filings, Minerva will reduce manual work to zero.
https://t.co/6ddcm6n5qJ
Congrats on the launch, @peterzhu01 and @omagarw!