Source: Business Insider
Summary
Crosby is developing Synthetic, a fully autonomous AI bookkeeping service aimed at other startups. The service is designed to automate tasks such as invoicing, reconciliations, and compliance. Synthetic is currently in beta testing with a select group of customers. Crosby plans to officially launch the service later this year. The company claims Synthetic can reduce bookkeeping costs by up to 90%.
Our Reading
The launch follows a familiar script.
Crosby’s Synthetic promises to revolutionize bookkeeping for startups with its AI-powered automation. Because what startups really needed was another AI-powered something. The service claims to reduce costs by up to 90%, which sounds like a familiar promise. Synthetic is currently in beta, because who needs a finished product? The company plans to launch later this year, and we can’t wait to see if it delivers. Because, you know, “fully autonomous” has never been an overpromise in tech before.
Author: Evan Null
