Top Fintech Companies Helping Solve The CPA Talent Shortage

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Accounting Nouvelles

Fintech Companies,Accural Accounting,Puzzle

Dasha Shunina is a San Francisco-based contributor who covers venture capital, startup news, the latest tech trends, and major conferences. She has been in tech for over 10 years, working in different accelerators, incubators, and venture funds.

Today, accountants are bogged down by too much repetitive, boring work. Because of staffing deficits, the rote day-to-day work, and the industry’s historical reluctance to adopt new technologies, the accounting industry has facedA new generation of companies is making significant strides in accounting automation to compensate for this shortage.

Ramp’s automation solution is designed to give accounting and finance teams more time to focus on value-added tasks rather than routine reconciliations. With its precise metadata, Ramp increases the automation rates for companies like Puzzle by up to 98%, allowing accountants to operate with unparalleled efficiency.has proven to be a game-changer in startup finance, especially when it comes to automating time-consuming processes like month-end close.

But now, with Brex, all of that is streamlined. Brex was one of the first to build deep integrations just for accountants, so every transaction gets automatically categorized and reconciled. Not only can you see who spent what, but you also get a full view of both sides of each payment, making cash reconciliation almost effortless. Plus, it syncs up perfectly with general ledger tools, so everything falls right into place in your accounting system.

 

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