Is your accountant actually doing a good job with your books? Let PilotGPT tell you, and also give you some advice on how to improve the business. Connect your QuickBooks we'll do the rest.
Hello again PH!
Have you ever wondered if your accountant is actually doing a good job with your books? It’s kinda impossible to know… until now!
LLM context windows are now large enough that you can actually just put your entire balance sheet and P&L into the LLM and ask it to point out things that might be errors or that should potentially be optimized. And with the right prompting and fine-tuning, it actually does... a surprisingly good job.
We’ve been building and using tech like this internally at Pilot for quite some time now, but this is the very first time we're making something like this freely available to everyone, regardless of whether or not you’re a Pilot customer.
I hope you enjoy it and find it useful. Please let me know what you think—I'll be around all day reading/responding to your comments.
@waseem_daher Hey Wasim, Congrats on the launch. I was wondering if Pilot of online integration with quickbooks or a dump check. If its online, do you also help pass corrections entires if need be.
How do you reconcile taxation-specific entires that are country specific?
Wild that you can just put an entire P&L in! In general I feel people are good at seeing patterns but bad at catching errors - this feels like it would really help!
Is this incorporated in your core Pilot product? I’d imagine an omnipresent health check could be very helpful.
@rajiv_ayyangar Yes, we run 50+ software-driven checks just like these every single month before we deliver books to our customers, and it definitely helps us catch a lot.
And yes it’s pretty amazing that you can basically toss the whole P&L in, versus needing to be more clever there.
This is potentially huge for SMBs. Quite a while ago (read 2018) I read through a report from McKinsey, where they estimated that 90+% of the work done by accountants could be automated in the near future. Would be interesting to see where that estimate is at with the current technology and the evolution of AI.
@oliver_bahne I definitely think that accounting is very ripe for “Computers do the vast majority of the work”, which is admittedly a big part of why we started Pilot.
I think like self-driving cars, though, the last 1% is disproportionately really really hard. And for us, even if the computer could do the vast majority of it, what our paying customers are ultimately buying is the peace of mind of having the expert team on it, IN ADDITION to the software.
As a startup founder, bookkeeping was always a thorn in my side - necessary but so time-consuming. Pilot Quality Check might be a game changer. It’s like having a personal financial auditor, but without the hefty price tag. Connecting to QuickBooks is easy, and you quickly get a nice report. Really cool.
Congrats on the launch!!!
Congrats on the launch! This is a huge deal as the founder of an early stage startup, just to have some peace of mind about the bookkeeping to make sure we’ve got the basics covered. I see this as the missing analog to “spellcheck” for corporate accounting. You still want humans to help with the bookkeeping, just like it’s great to have another person edit your writing ideally, but wow, I can’t imagine living in a world without spellcheck! Maybe in a few years we’ll feel the same about this when it comes to bookkeeping. :)
This looks awesome 👏🏻
One of the most requested use cases for AI is accounting 🧾 so it’s great to see a team finally focus on it. Congrats Pilot crew 🔥
Very cool tool! At some point, will you be able to analyze trends - such as this line item is materially different versus last quarter? Those flags can be highly valuable and actionable to surface to users.
Hey! Love your launch on PH today 🔥 I sent it to my team as well and we gave you a dozen votes and a few comments to Pilot❤️ By the way, I launched my maintenance management SaaS (WorkTrek). Support me then?
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