Jenesys

Jenesys is an AI-powered tool that streamlines the practice of bookkeeping for enhanced efficiency and strategic decision-making. It employs an AI agent, Jack, which specializes in automating specific tasks like line-item extraction, GL coding, and bank reconciliation. The tool is designed to scale business operations without increasing staff count and serves as a cost-effective solution for streamlining bookkeeping processes.

Jack is the unique AI agent of Jenesys. He specialises in automating bookkeeping tasks such as extracting line items, assigning them to the correct GL and tax codes, and performing bank reconciliation functions. Jack learns from each transaction to improve the accuracy of future extractions and offer real-time insights.

Jack automates tasks like line-item extraction, GL coding, and bank reconciliation. Clients can send invoices to Jack through various platforms, including WhatsApp, Email Fetch or Slack. Jack then extracts and reconciles the invoices. It also handles tasks like checking for compliance in real-time.

Unlike traditional OCR technology, Jack incorporates a learning mechanism that enables it to adapt and better contextualize transactions for more accurate extraction. Every time a transaction is reviewed, Jack learns in real time, enabling it to contextualize the accounting treatment better. This leads to more accurate extraction, faster processing, and reduced manual review.

Jack provides real-time insights that can inform strategic decision-making. By processing and classifying transactions in real-time, Jack offers valuable data to help professionals make more informed strategic decisions. It helps businesses keep track of expenses, identify unusual expenses, and plan accordingly.

Yes, Jenesys is designed to scale business operations without increasing staff count. This is achieved through the automation of repetitive tasks like line-item extraction, GL coding, and bank reconciliations. Jack's efficiency allows businesses to take on more clients or handle more transactions without the need for additional manpower.

Apart from servicing accounting firms, Jenesys can also be beneficial to other types of businesses, especially SMEs, startups, and any other establishments seeking to make their bookkeeping efficient. It caters to businesses with different needs but a common focus on efficiency and future-orientation.

Jack acts like an insurance policy, checking identity, authority, budget, policy, laws and regulations in real-time for every transaction. It ensures compliance with VAT and GL codes, offering a comprehensive compliance oversight mechanism that extends to every transaction handled.

Using advanced AI technologies, Jack is proclaimed to be 10x faster than in-house bookkeeping and outsourced solutions. This speed is attained thanks to Jack's capabilities to analyze, process and reconcile transactions at an exceptional pace.

Jenesys presents a cost-effective solution by automating processes that would typically require significant manpower and time. Jack's capabilities allow him to operate much faster than a human, reducing the need for additional staff. This saves time and enables the allocation of resources towards strategic and high-value tasks, thereby increasing cost efficiency.