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Ahikam Kaufman

๐Ÿ‘ค Speaker
202 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

You have to give it the context of the end-to-end data from all the systems that participate in the business process.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Again, as I said, whether it's like the coding system, the CRM, the billing, the ERP, the banks, whatever.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Only when you give the AI the full context and you arrange for him the full context, he can provide.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

And that's why you can't build it with any other tool.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Yeah, I think uniquely in finance, you have to be able to create an audit rate, which is a virtual for, I would say, since accounting existed for 500 years, that was a virtual term, meaning how can you show the start and the end of each transaction?

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Now we created that capability requires you to develop unique technology or ETL capabilities that we created with the graph.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

This is not about a system that can see multiple data sources.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

And you have to create that.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

You have to link the data and provide a level of accuracy to corporate finance, which has to deal with, again, leakage issue, compliance issues, and also the visibility to the auditor that no other approach can provide.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Exactly.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

But more than that, in the world of the office of the CFO, you have to be able to demonstrate that you can link the data.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

What I mean by that, you have to provide the customer, the auditory to make sure, because let's say you have the most sophisticated models that looks across various data structures and give you an insight.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

You cannot predict if on the next anomaly, he will be able to identify the same insight.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Because we connect the data, we can actually show the predictability or we can show the quality of the insights that we're going to provide because the data is linked.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

So you have to first physically link the data to make the customer and also his auditor comfortable that we see everything linked.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

It's unique technology.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

We are actually doing additional crazy things that I didn't talk about because we have to keep some of the motor running.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

under the hood for now, but it's really crazy.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

And I think for the first time, we're solving a very complex problem in the office of the CFO, which is the complexity of the data across system and in the natural gap between the ability of accountant to deal with data and the complexity of the data.

SaaS Interviews with CEOs, Startups, Founders
Selling Check for $400M, Now Building a $1.5M ARR AI Startup

Because accountants need to make accounting decisions, not data decisions.