Basis is an AI bookkeeping and financial review platform built for CPA firms and accounting teams. The company develops agentic AI systems that automate complex, multi-step accounting workflows—including month-end closing, transaction processing, reconciliation, and tax workbook preparation. Basis targets mid-market and enterprise accounting practices seeking to scale operations through AI-powered automation while maintaining human oversight and verification.
OpenAI's GPT-6 Astra processes 50-tab tax workbooks twice as fast as prior models, with improved intent understanding enabling tax software Basis to deploy AI more confidently in production.
Basis leverages Cursor to develop agentic AI systems capable of handling complex, multi-step accounting workflows—demonstrating practical deployment of AI agents in financial operations.
Basis, an AI agent platform built for accountants, reached a $1.15 billion valuation and launched a new website celebrating the accounting profession.
Chicago accounting firm Sikich ($438.9M revenue) partners with Basis to integrate AI-powered automation into client accounting services, covering month-end closing, transaction processing, and reco...
Hash Basis accountant McKenzie Thod shares how AI tools automate blockchain data extraction for crypto tax and reconciliation, eliminating the manual Excel workflows that previously dominated the p...
FYI embeds generative AI into its automation platform with email drafts, document filing, task delegation, and meeting summaries; Claude via AWS Bedrock powers the modular design at no extra cost f...
Basis, an accounting automation platform, secured $100M Series B funding from Accel and Google Ventures, focusing on automating on-call operations for accounting teams.
Sovos examines AI's role in accelerating sales tax research and determination, concluding that while AI reduces manual research time, practitioners cannot fully rely on AI without expert human vali...
Basis, an AI accounting platform, closes $100M Series B from Accel and Google Ventures to expand unified Model Context Protocol (MCP) capabilities for accounting teams.
Basis, an AI-powered accounting platform, closes $100M Series B led by Accel and Google Ventures to expand its agentic accounting capabilities.