How AI-Powered Digits Provide Real-Time Finance Clarity for Small Businesses

You started your business to grow, not to get stuck in spreadsheets. Today, smart tools make it easier than ever to stay ahead.

In this episode of The Modern CPA Success Show, we sit down with Jeff Seibert, CEO and co-founder of Digits, to explore how AI is transforming small business finance. We cover how Digits uses machine learning to automate up to 93% of bookkeeping, how their proprietary ledger gives you deep real-time analytics, and how their dashboards and reporting tools make it easy to translate numbers into action.

Key takeaways:
AI-first bookkeeping: Digits automates over 90% of transactions by using real-time bank, payroll, and invoice integrations.
Real-time reporting and dashboards: Digits replaces static spreadsheets with interactive, browser-based financials.
Perfect fit for small businesses: Digits is ideal for single-entity, U.S.-based businesses looking to ditch slow monthly closes.
Made for accountants too: Digits is designed to scale with accounting firms offering Virtual CFO services.
Roadmap ahead: Multi-entity and multi-currency, making Digits a true full-stack solution in the making.

Start building your real-time finance clarity with Digits—listen to the episode today! ▶️How AI-Powered Digits Provide Real-Time Finance Clarity for Small Businesses

Episode resources:
● Website: https://anderscpa.com/
● If you have questions or would like to be a guest on the show, email us at [email protected]
● Check out the Virtual CFO Playbook Course:
https://anderscpa.com/virtual-cfo-ser...

Timestamps:
00:00 Introduction
02:27 Real-time, visual accounting for finance.
06:42 Transition from stealth mode to full launch.
09:53 93% automated transaction booking.
12:54 Month-end close process with AI support.
16:58 Data modeling for deep financial insights.
20:49 Live, clickable dashboards with commentary.
23:03 Reporting tool reimagined like Google Docs.
26:06 Forecasting roadmap after Basis acquisition.
28:02 Centralized data syncs.
30:19 Partner program and firm dashboard tools.
33:31 AI replacing junior bookkeeping roles.

Quotes
Jeff Seibert - "Digits instantly learns from your transaction categorization, quickly achieving near-perfect accuracy in managing your financial data."

Tom Wadelton: "We often rely on dashboarding, but typically we need to separately log into accounting systems to identify specific vendor details behind variances."

Adam Hale - "In accounting, it's not about identifying a $10,000 variance. It's about understanding why that variance exists. That's where AI really needs to deliver."

Jeff Seibert is the Co-Founder and CEO of Digits, a company revolutionizing accounting with real-time financial clarity and intuitive reporting. With over seven years at the helm, Jeff is reshaping how businesses experience bookkeeping and insights. He's also the host of Between Two Founders, where he shares the stories and strategies behind successful startups.

Website: https://digits.com/
LinkedIn:   / jseibert  
  / digits-financial  
X: https://x.com/jeffseibert
https://x.com/digits

The Modern CPA Success Show is the go-to podcast for accounting firm owners eager to enhance profitability and master Virtual CFO services. This podcast leverages combined expertise in delivering top-tier Virtual CFO services across North America.

Website: https://the-modern-cpa-success-show.s...
Facebook:   / anderscpa  
Linkedin:   / anders-cpa  
Instagram:   / anderscpa  
YouTube:    / @andersvcfo  

Tom Wadelton is a Virtual CFO at Anders, bringing over 20 years of financial expertise from his tenure at a Fortune 500 company. He has extensive experience spanning financial management, accounting operations, and information technology integration. Tom specializes in delivering strategic Virtual CFO services, helping businesses optimize their financial performance through advanced accounting solutions.

Website: https://anderscpa.com/about/your-ande...
LinkedIn:   / tomwadelton  

Adam Hale, CPA, is a Partner and Virtual CFO Practice Leader at Anders, dedicated to transforming traditional accounting practices through innovative Virtual CFO services. With over 20 years in public accounting, Adam has been instrumental in the ideation and development of CPA training courses.

Website: https://anderscpa.com/about/your-ande...
LinkedIn:   / adamhalecpa  

#DigitsAI #RealTimeFinance #SmallBusinessAutomation