E37: Using AI and Humans to Fix Accounting w/ Matt Tait, CEO of Decimal

In this first episode of Season 2, Sasha Orloff is joined by Matt Tait, CEO of Decimal, to discuss the rise of AI in accounting, Decimal’s recent acquisition of KPMG Spark, and their new strategic partnership with Puzzle. Matt also covers his journey building Decimal, the balance of human expertise in a tech-driven world, and the industry’s future. -- SPONSORS: Puzzle 📈  No more waiting for month's end. No more manual reconciliations, just financials that keep up with you. Puzzle is leading a new movement with an AI first ledger, built for speed, automation, and real time decision making. Join today at https://puzzle.io/ Found Found provides small business owners tools to track expenses, calculate taxes, manage cashflow, send invoices and more. Open a Found account for free at https://found.com/econ102 -- RECOMMENDED IN THIS EPISODE: https://www.linkedin.com/in/mtait83/ https://www.decimal.com/ -- X/SOCIAL: @GoDecimal (Decimal) @sashaorloff (Sasha) -- TIMESTAMPS: (00:00) Intro (00:59) Season 2 changes (01:48) Exciting times in accounting (03:12) Interview with Matt Tate, CEO of Decimal (04:22) Rise and fall of Bench (06:18) Challenges in the accounting industry (13:03) Founding and vision of Decimal (16:46) Sponsors: Puzzle | Found (18:34) Acquisition of KPMG Spark (23:11) Team collaboration and roadmap insights (23:45) Scaling with Puzzle's AI native ledger (24:31) Evaluating technology partnerships (28:59) Role of trust and accountability in accounting (29:43) AI's impact on client experience (31:08) Human interaction vs. full automation (36:22) Future of AI in accounting (43:34) Implementing AI tools at scale (45:14) Wrap