Quanta

The fastest accounting service for software companies

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Description

Quanta provides a specialized accounting solution tailored for software businesses, leveraging artificial intelligence to deliver speed and accuracy. It functions as a comprehensive service combining expert accounting support with AI-driven automation, aiming to replace traditional methods like Quickbooks and outsourced accountants. Communication and support are streamlined through dedicated Slack channels, ensuring responsiveness.

The platform focuses on core accounting needs such as continuous reconciliations, complex revenue recognition compliant with standards, and real-time visualization of key financial metrics including costs, revenue, burn rate, and runway. Quanta also facilitates tax filing processes, handling federal, state, and local requirements, including R&D tax credits, often through partnerships. It integrates seamlessly with numerous financial tools commonly used by startups and software companies.

Key Features

AI Accounting Automation: Utilizes AI for lightning-fast speed and unmatched accuracy in accounting tasks.
Continuous Accounting & Reconciliations: Offers ongoing bookkeeping and reconciliation powered by an AI system.
Revenue Recognition: Integrates with systems to consolidate customer data and provide insights for confident decision-making.
Real-time Finances: Visualize financial activity including costs, revenue, customer/invoice status, burn, runway, and investor metrics in real-time.
Tax Filing: Handles annual federal, state, and local income tax filings, plus R&D tax credit studies (via partners, add-on service).
Expert Support via Slack: Provides dedicated accounting experts or teams accessible through Slack.
Seamless Integrations: Connects with tools like Brex, Mercury, Ramp, Stripe, Gusto, Quickbooks, Plaid, and more.
Customizable Financial Metrics: Allows tailoring of financial metrics reporting (available in higher tiers).