Stacks Revolutionizes Finance Operations with Agentic AI Platform
Addressing Complexity in Accounting
Stacks has officially launched an innovative agentic artificial intelligence platform tailored for accounting professionals to navigate the complexities of finance operations. This game-changing technology aims to enhance efficiency and redefine the role of finance teams.
The Breakthrough of Agentic AI
Unlike conventional AI systems that operate based on rigid, pre-determined rules, Agentic AI is designed to learn directly from accountants’ actions. This forward-thinking approach intends to liberate finance teams from mundane tasks and empower them to take charge of comprehensive month-end closing processes. The real value lies in automating intricate workflows, allowing finance professionals to allocate more time to strategic decision-making.
A Shift in Financial Automation
According to projections from Stacks, by the close of 2026, over half of Chief Financial Officer (CFO) offices are anticipated to utilize agentic AI solutions. The initial surge of interest has predominantly arisen from companies in the retail and consumer commerce sectors, underscoring a significant shift in financial automation.
Navigating New Expectations
This launch coincides with a pivotal moment where finance executives are increasingly expected to act as strategic business leaders rather than just number-crunchers. Despite this evolving role, many finance teams are still bogged down by outdated technology and inefficient processes. Stacks emphasizes that over 60% of finance leaders spend excessive hours on transactional tasks, even while investment in traditional automation remains insufficient to mitigate workloads related to financial close processes.
Moving Beyond Conventional Rules
In a striking commentary, Albert Malikov, the CEO and Founder of Stacks, stated, "Many legacy players in the space have failed to solve the problem at scale because technology was not there to deal with complex business logic. Accounting doesn’t follow a script. Workflows are dynamic and messy and full of judgment calls."
Dynamic Real-World Applications
The Stacks Agentic platform is meticulously constructed to function within real-world accounting contexts, addressing everyday requirements and unique challenges that traditional tools often struggle with. It learns from accountants’ methods for handling irregularities such as currency discrepancies, unusual transactions, and instances of missing data. This adaptive learning mechanism helps the platform evolve to meet the changing needs of finance teams.
Early Adopter Results
Preliminary users of the Agentic AI platform have reported remarkable outcomes. With the platform’s introduction, companies saw a staggering 97% reduction in manual reconciliations and a 50% decrease in financial close times. This user feedback highlights the significant operational improvements facilitated by this advanced technology.
Redefining Finance Leadership
Malikov pointed out that finance leaders face mounting pressures not only to expedite the closing of financials but also to advise on pricing strategies, back business expansion efforts, and inform broader organizational strategies. "But many are still stuck chasing anomalies and cleaning up data," he expressed. "With Agentic AI, we’re moving the industry closer to a true one-click close—liberating finance teams to focus on driving the business forward rather than untangling numbers."
Shifting Expectations Among Finance Professionals
Alfie Samson, Finance Director at Bumper, shared his insights, stating, "Most AI automation tools require regular rule updates and struggle to reconcile unique items. Stacks’ Agents significantly reduce the need for manual oversight, enabling finance to dismantle administrative roles and focus on supporting commercial and growth initiatives."
A Growing Demand for Modern Solutions
The increasing demand for innovative solutions like Stacks’ Agentic AI is a testament to the changing landscape in finance and accounting. As automation technologies evolve, the expectations of finance professionals are growing, pushing them toward a strategic role that necessitates enhanced analytical capabilities.
Investor Backing and Opportunities
Founded in 2024, Stacks successfully raised EUR €10 million in funding in February 2025, backed by notable investors like EQT Ventures and General Catalyst. This strong financial foundation positions Stacks for further growth and innovation in the financial technology landscape.
Expanding Partnerships
Since its inception, Stacks has forged strategic partnerships with over 30 organizations, including Epidemic Sound, Bloom & Wild, Motorway, Freetrade, Cleo, and Bumper. This collaborative approach is set to expand the reach and application of its agentic AI technology, catering to a diverse range of financial needs.
Office Locations and Workforce
Providing services from Amsterdam and London, Stacks currently employs a dedicated team of 30 professionals committed to driving innovation in financial operations and accounting.
Preparing for Future Advancements
The launch of the Agentic AI platform is only the beginning. As the technology matures and gains traction among finance professionals, further enhancements and capabilities can be expected. Stacks aims to remain at the forefront of AI-driven solutions in finance.
Strategic Implications for CFOs
As CFOs integrate these advanced AI systems, they will be better equipped to direct their teams towards strategic initiatives rather than being mired in day-to-day operational challenges. This can significantly enhance the overall efficiency of finance departments, allowing for more informed decision-making at all levels.
Charting a New Course
The journey of Stacks and its Agentic AI platform marks a significant turning point not just for the company, but also for the entire finance and accounting industry. The shift towards intelligent automation systems demonstrates a clear trend: the future of finance lies in strategic agility.
Conclusion: The Future is Agentic AI
In summary, Stacks’ launch of its Agentic AI platform represents a major leap forward in financial technology. By redefining the roles of finance professionals and streamlining complex processes, Stacks is not just changing how accounting is done; it is setting the stage for a future where strategic leadership and data-driven decision-making take precedence over traditional operational constraints. With the rapid evolution of AI technology, finance teams will find themselves empowered, leading to more effective organizations prepared to meet the challenges of tomorrow.
