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Havish Gupta

StealthĀ ā€¢Ā 5d

How Zeni Is Revolutionizing Bookkeeping Using AI! So It all started when founders Swapnil and Snehal Shinde discovered a major problem in bookkeeping after selling their previous two companies. They realized that manual bookkeeping led to errors, a lack of financial clarity, and slow month-end closings. Frustrated by these challenges, they started Zeni in 2019 to simplify bookkeeping using AI combined with expert human support. Zeni offers AI-powered bookkeeping that automatically fetches data from your bank accounts to keep your books accurate. They also provide AI-powered Bill Pay and Reimbursement services, which automatically handle vendor payments and employee reimbursements. And if you need an expert review of your financial data, you can opt for their Fractional CFO service. Where an experienced CFO offers part-time support, much like a freelancer, to save costs. And these services start at just $550 a month! That's why Zeni has raised over $47 million, generates about $34.8 million in annual revenue, and processes roughly $1.3 billion in transactions every month. So will AI now also replace financial departments?

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