Jeff Seibert: Digits Software Moves Toward Real-Time Accounting | The Disruptors
This is a preview. PRO Members always get the full video, takeaways and transcript | Go PRO here
Sponsored by True Advisor: Buy now | Learn more
The Disruptors
With Liz Farr
For CPA Trendlines
When Jeff Seibert, CEO and founder of Digits, was at Twitter, he was astonished by the difference in data quality and timeliness between the product engineering and the finance sides of the business.
On the product engineering side, testing tools, dashboards, and analytic tools provided real-time data on “exactly what your users are clicking on, what your servers are doing every second.” At the same time, “I was waiting two to three weeks for our accountant to give me a black and white P&L,” he recalls, even with “100 people in corporate finance.”
MORE DISRUPTORS: Candy Bellau: The $350 Pricing Mistake that Nearly Broke this Boutique Firm | The Disruptors | Poe: What P.E. Really Wants from Firms | The Disruptors | Blake Oliver: Build a Biz that Runs Without You | Daiber: Use Succession as a Growth Strategy | Cannon: Busy Season is Self-Inflicted | Carroll: When One Person Can Break the Firm | Rampe: Build a Roadmap Even When the Road’s Not There | Chang: Killing SALY, One Agent at a Time |
That experience led him to start Digits in 2018, an AI-native accounting platform, which is going “head to head with QuickBooks and Xero.”
On the agenda: Consolidation, ethics, AI, and talent.