Natural language RPA tools for accountants

Squack gives accounting firms a RPA tool that uses LLMs to create complex automations using natural language. For example, an accountant can use Squack to create a workflow that automatically categorizes bank transactions just by writing a few sentences.

Team Size:3
Location:San Francisco
Group Partner:Brad Flora

Active Founders

Preston Zhou

I'm interested in working on AI/ML tech and fun technical problems. Have a soft spot for physics and nerd snipes.

Preston Zhou
Preston Zhou

Eitan Borgnia

Currently the COO and cofounder of Squack. Was doing a PhD in machine learning at UChicago after graduating with a degree in math from Caltech. Big fan of chess, billiards, and recently shrimp tanks.

Eitan Borgnia
Eitan Borgnia

Elijah Sorey

Elijah is the co-founder and CTO of Squack, a tool empowering accounting firms to automate their repetitive tasks with plain language. Prior to Squack, Eli worked as a data engineer on teams ranging from six people to the Technical Infra org at Google. Outside of work, Eli has a passion for drumming and scuba diving, preferably in tropical locations.

Elijah Sorey
Elijah Sorey

Company Launches

tl;dr: We squash the learning curve for RPA tools by enabling users to create and fine-tune automations with plain language. For example, a bookkeeper with no coding experience can use Squack to create a workflow that processes a bank ledger and automatically categorizes transactions in only a few sentences.

Hey YC, we’re Preston, Eitan, and Eli, and we’re building Squack.

We’re three longtime college friends who lived in the same house at Caltech (all from Ruddock (now Venerable) house). Preston and Eitan were snatched out of Physics & ML PhD’s, respectively, and Eli is an ex-Google engineer that loves automation. We live in a three floor house in the Mission with two cats, Fushi and Thea, five shrimp, and three snails.

The problem

Accountants work with large amounts of financial data that need to be processed accurately and efficiently. No-code tools like Alteryx designed to automate this work cost companies $6k/year per license, but only have a 5% utilization rate in a typical org.

These graphical programming interfaces meant to make data processing accessible to non-technical employees end up being harder to learn than traditional code. It's so bad that we've heard stories of new associates who deliberately delete these RPA programs off of their computers the instant the "training" is over.

For example, this is what an Alteryx workflow looks like for computing the capital gains tax of a home:

That's needlessly complicated! As a result, accountants find themselves over-utilizing brute force labor from off-shore teams to make deadlines during their busy seasons. Even the RPA experts would rather create an instruction document for these teams instead of rifling through stockpiles of old automations that need to be fine-tuned for the new task at hand.

Using off-shore labor isn't an ideal alternative either. Even without the monetary costs, working with these teams means:

  • Inconvenient work schedules due to time zone differences.
  • Explaining document/video instructions over and over.
  • Carefully reviewing and correcting errors.

Our solution

Squack makes it feel like you're having a conversation with an RPA wizard that's helping you build out your automations. Instead of sending a large instruction document to an offshore team, you can just put those instructions into Squack and get the tool you need.

Our LLM-based tool can:

  • Translate data processing instructions into a concise step-by-step procedure.
  • Wield powerful python packages like pandas to implement the procedure.
  • Dynamically generate new automations and modify old ones via natural language requests.
  • Perform other LLM tasks like categorization, data restructuring, and OCR.

The flexibility of the large language model approach makes it perfect for handling the slight variations in accounting workflows from different clients.

Our ask

We're looking for referrals to accountants who work with RPA tools or outsourced teams to manage their data workflow. Some examples:

  • Audit, forensic, and tax strategy accounting
  • Outsourced labor agencies
  • Bookkeeping firms

We're starting by building out tool workflows for small accounting firms, but we are generally interested speaking to anyone struggling with large-scale, repetitive tasks.

Thank you for your help!

Eitan, Eli, and Preston