Jack is an AI-powered bookkeeping agent developed by Jenesys AI, aimed at transforming the traditional roles of bookkeepers and accountants. By automating and streamlining various accounting tasks, Jack enhances the accuracy and efficiency of financial operations. Founded in November 2022 by Nicolai Thomson and Tosin Dairo, Jenesys AI focuses on leveraging advanced AI technology to reduce errors and inconsistencies in transaction reconciliation, compliance, and payments.
Features
Jack comes equipped with a range of features designed to optimize bookkeeping and accounting processes. Each feature is tailored to address specific challenges faced by finance professionals, ensuring that financial records are maintained accurately and efficiently. Below is a detailed overview of Jack's capabilities:
| Feature | Description |
|---|---|
| AI-Powered Bookkeeping | Automated extraction of line-item accounting entries, bank reconciliation, and continuous learning for improvement. |
| Real-Time Compliance Checks | Conducts compliance assurance for transactions, ensuring adherence to VAT and GL code regulations. |
| Fraud Detection | Identifies and prevents financial fraud, enhancing security and protecting against suspicious transactions. |
| Integration with Collaboration Tools | Integrates with Slack and Teams for transaction requests, facilitating seamless data entry and operational task management. |
| Proprietary Accounting Language Model (ALM) | Utilizes an advanced ALM for high accuracy in processing financial data, completing tasks quickly. |
| Customer Success and Global Payment Compliance | Focuses on enhancing engineering capabilities and expanding global payment compliance for improved cash flow management. |
Use cases
Jack can be utilized in a variety of scenarios to address common challenges faced by accountants and bookkeepers:
- Automated Data Entry: Businesses can use Jack to automate the extraction of financial data from invoices and receipts, significantly reducing manual data entry errors.
- Streamlined Bank Reconciliation: Accountants can leverage Jack to perform bank reconciliations, allowing for real-time updates on financial records and improved accuracy.
- Compliance Monitoring: Organizations can employ Jack to conduct real-time compliance checks, ensuring that all financial transactions comply with relevant regulations and standards.
- Fraud Prevention: Companies can utilize Jack's fraud detection capabilities to monitor transactions for suspicious activity, thus safeguarding their financial interests.
- Enhanced Collaboration: Teams can integrate Jack with collaboration tools like Slack and Teams to facilitate easy communication and requests for financial data, improving overall workflow efficiency.
How to get started
To get started with Jack, interested users can explore the options available through Jenesys AI's official website. Potential users can sign up for a trial to evaluate its capabilities or access the GitHub repository for additional resources. For direct inquiries or support, contacting the Jenesys AI team would provide further guidance and assistance.
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<p>The pricing for Jack by Jenesys is structured as follows:</p>
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<li><strong>£21.60 per hour</strong>, billed in 30-second increments. There are no minimum monthly time requirements or long-term contracts.</li>
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