David Gurra

We just have 30 seconds.

Sure, not a 30-second question, but I'll give you my best answer on it.

I think if you look at what's happened with software engineering over the course of the last year, and you can look at this internal into basis, pretty much today, no engineer at the company should be writing any meaningful amount of code.

And yet, our engineering team, our machine learning team is as busy as it's ever been.

We're hiring as aggressively as we possibly can be in those areas.

And that's because there's so much additional engineering work that we want to be able to do that when you free up time to focus on more things,

You can do more ambitious things.

You can build things you never thought you'd be able to do.

And the same thing's true for accounting.

There's tons of accounting work in the world that doesn't get done today.

The Pentagon just failed its eighth consecutive audit.

Companies are misstating financials because they don't have enough accounting resources.

Beyond that, if you go to any hospital system in America, they can't tell you how much it costs them to provide a simple procedure like a knee surgery.

These are all things that accounting can make possible.

It is sort of the fundamental way that we understand economic activity that goes on in and around our organizations.

And so we think there's a huge opportunity to do more accounting work.

Most accounting firms see that opportunity as well and need the capacity to be able to do that.

And so from our perspective, this is going to allow firms and the accountants at those firms to take on even more work and get more things done in the same way that sort of software engineering has been able to take off over the course of the last 12 months.

Matthew Harp, CEO and co-founder of Basis.

That was a pretty good, pretty good summary, actually.