LiveFlow was co-founded by former Revolut employees who recognized a gap in the accounting industry, allowing companies to sync real-time financial data seamlessly.
More than 300,000 U.S. accountants and auditors left their jobs between 2019 and 2021, marking a significant decline in the accounting profession amid technological advancements.
Kalkar stresses that while AI can improve efficiency in accounting, the human touch remains essential as small businesses seek assurance from real accountants.
LiveFlow aims to support accountants rather than replace them, recognizing that the trust small businesses have in their accountants is irreplaceable by technology.
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