Client Success Specialist, Botkeeper

Importantly, its human assisted AI; Botkeeper isn’t quite yet at a point where AI can be handed the reins entirely. However, it can substantially improve the accuracy of bookkeeping on top of its time-efficiency - and with the US starting down the barrel of a potentially sharp economic downturn, chances are businesses will be investing more in tracking their spending.

This is motivating VCs to pour money into AI accounting startups, but that rising tide is lifting both Botkeeper and its growing competition. Just recently Pilot announced a healthy funding round, and smaller startups like Dokka, Eleven, and Docyt are all growing into the demand.

Botkeeper’s steadily growing client list and partnerships has allowed it to reduce its price point, and it’s reportedly working on building out new features - with business belts tightening, this could be the competitive edge it needs.