@minerva_yc: We bought an accounting firm and took its operating profit margin from 5% to 70%. We rebuilt the entire firm to be AI n…

X AI KOLs Following News

Summary

A company transformed an accounting firm to be AI native, increasing operating profit margins from 5% to 70% and is scaling this model to provide faster, cheaper accounting services to small businesses.

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.
Original Article
View Cached Full Text

Cached at: 09/11/26, 02:35 AM

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.

Similar Articles

Human Baselines for Benchmarks: AI Now Outperforms Junior Accountants

Reddit r/singularity

Mercor hired 12 licensed CPAs to complete simplified month-end close tasks from its APEX-Accounting benchmark and found that frontier AI models now score perfectly and are ~50x cheaper than the best junior accountant, having gone from below the human average to 100% accuracy in just 18 months.

Scaling accounting capacity with OpenAI

OpenAI Blog

Basis, an AI startup founded in 2023, scales accounting automation using OpenAI models (o3, o3-Pro, GPT-4.1, and GPT-5) to build multi-agent systems that help accounting firms automate reconciliations, journal entries, and financial summaries with up to 30% time savings. The company's multi-agent architecture routes tasks to specialized agents based on complexity, with GPT-5 serving as the supervising agent for its superior reasoning and explainability capabilities.