Praxi

About Praxi

Praxi is an accounting platform that converts standard and non-standard financial documents into actionable checklists, memos, and journal entries, enhancing workflow efficiency and accuracy. This technology addresses the challenges of manual data entry and reporting inconsistencies, enabling financial service professionals to streamline their reporting processes.

```xml <problem> Financial service professionals face challenges with manual data entry and inconsistent reporting when dealing with both standard and non-standard financial documents. This can lead to inefficiencies and inaccuracies in financial reporting workflows. </problem> <solution> Praxi is an accounting platform designed to streamline financial reporting by automatically converting various financial documents into actionable checklists, memos, and journal entries. The platform enhances workflow efficiency and accuracy by eliminating manual data entry and standardizing reporting processes. By automating the conversion of financial data, Praxi enables accounting teams to achieve greater efficiency and reduce errors in their reporting workflows. </solution> <features> - Converts standard and non-standard financial documents into actionable checklists. - Generates memos and journal entries from financial documents. - Streamlines financial reporting workflows. - Enhances accuracy in financial reporting. </features> <target_audience> Praxi is designed for financial service professionals and accounting teams seeking to improve the efficiency and accuracy of their financial reporting processes. </target_audience> ```

What does Praxi do?

Praxi is an accounting platform that converts standard and non-standard financial documents into actionable checklists, memos, and journal entries, enhancing workflow efficiency and accuracy. This technology addresses the challenges of manual data entry and reporting inconsistencies, enabling financial service professionals to streamline their reporting processes.

Where is Praxi located?

Praxi is based in San Jose, United States.

When was Praxi founded?

Praxi was founded in 2024.

Who founded Praxi?

Praxi was founded by Ameya Deshpande.

  • Ameya Deshpande - Co-Founder/Chief Operating Officer
Location
San Jose, United States
Founded
2024
Employees
15 employees
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Praxi

Score: 57/100
AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Praxi is an accounting platform that converts standard and non-standard financial documents into actionable checklists, memos, and journal entries, enhancing workflow efficiency and accuracy. This technology addresses the challenges of manual data entry and reporting inconsistencies, enabling financial service professionals to streamline their reporting processes.

praxi.io10+
Founded 2024 – San Jose, United States

Funding

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Team (15+)

Ameya Deshpande

Co-Founder/Chief Operating Officer

Company Description

Problem

Financial service professionals face challenges with manual data entry and inconsistent reporting when dealing with both standard and non-standard financial documents. This can lead to inefficiencies and inaccuracies in financial reporting workflows.

Solution

Praxi is an accounting platform designed to streamline financial reporting by automatically converting various financial documents into actionable checklists, memos, and journal entries. The platform enhances workflow efficiency and accuracy by eliminating manual data entry and standardizing reporting processes. By automating the conversion of financial data, Praxi enables accounting teams to achieve greater efficiency and reduce errors in their reporting workflows.

Features

Converts standard and non-standard financial documents into actionable checklists.

Generates memos and journal entries from financial documents.

Streamlines financial reporting workflows.

Enhances accuracy in financial reporting.

Target Audience

Praxi is designed for financial service professionals and accounting teams seeking to improve the efficiency and accuracy of their financial reporting processes.