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Jenesys

AI-powered bookkeeping with real-time accuracy

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About

Jenesys is an AI-powered tool designed to streamline the practice of bookkeeping. It operates with a unique AI agent named Jack, specializing in automating tasks such as line-item extraction, GL coding, and bank reconciliation.

Beyond mere automation, Jack also provides real-time insights, allowing for more informed decision-making. Unlike traditional OCR technology, Jack incorporates a learning mechanism that adapts and better contextualizes transactions for a more accurate extraction process.

The tool aims to free up professionals from the time-consuming tasks to focus more on strategic decision-making and advisory roles. It is designed to scale up business operations without increasing headcount, making it a cost-effective solution.

Jack is not limited to only servicing accounting firms, it can also be beneficial for small to medium-sized enterprises (SMEs), start-ups, and other businesses that have a need for efficient bookkeeping.

Jenesys offers a layer of oversight for compliance, checking identity, authority, budget, policy, laws and regulations in real-time for every transaction, including VAT and GL code compliance.

Jenesys interface showing homepage

Key Features

Automates line-item extraction
Automates GL coding
Automates bank reconciliation
Provides real-time insights
Learns better contextualization of transactions
More accurate extraction than OCR
Frees up professionals for strategic roles
Scales business operations without more headcount
Oversight for compliance in transactions
Complete transparency in real-time transactions
VAT compliance and regulatory compliance
Increased accuracy over time
Flexible submission methods
Real-time transaction validation
Cost effective
Serves a range of businesses
Validates identity
authority
and budget
Check policies
laws and regulations
Integrated learning mechanisms
10x faster than in-house bookkeeping
4x cheaper than outsourced solutions
Adapts and evolves across transactions
Real-time improving accuracy of data
Immediate regulatory compliance checks
No requirement for extra headcount
Uses customers existing platforms
Extracts and reconciles 10 invoices in 3 minutes
Trained in detection and prevention of financial fraud
Multiple submission methods available
Can be integrated into finance teams
Customizable for startups
SMEs
and accounting practices
Easy transition from traditional bookkeeping
Stores and secures business transactions data
Supports growth without new hires
Low cost per hour operations
Service accessed through web-based platform
Web-service with hourly payment structure
Integration with accounting platform
Billed in 30-second increments
Validates and improves manual review
Internal finance teams consultation opportunities
Compatible with WhatsApp
Slack
and e-mail
Quick bookkeeping tasks execution
Provides reasons for decisions for team upskill
Sends processed invoices to the accounting platform
Reviews and improves data extraction decisions
Provides fraction of regular bookkeeping cost

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Release Date January 28, 2024

Category

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