Executive Summary

Small finance teams at SMBs spend disproportionate time preparing tax packages, manually extracting data and missing deductions, which drives higher CPA fees, filing delays, and lost tax savings. This is a recurring pain for roughly 2M addressable businesses where finance is often a 1–3 person function without a dedicated tax specialist. Build a SaaS product that combines AI-driven document extraction and LLM-based reasoning with productized connectors to major accounting platforms to auto-generate tax workpapers, surface likely missed deductions, and produce CPA-ready packages and audit trails. Focus the UX on eliminating manual reconciliation, enabling collaborative review, and exporting standardized deliverables that plug into existing CPA workflows. The opportunity is timely and sizable: a $6.0B market (2M businesses × $3K ACV) backed by improving AI accuracy, SMBs’ appetite for automation to reduce outsourcing, and richer accounting APIs—reflected in a strong market score (88/100) and high revenue potential (84/100). Competition is medium and fragmented between OCR vendors, accounting suites, and niche workflow tools, so there’s room to carve a defensible niche. Differentiate through deep, platform-specific integrations, deterministic reconciliation logic, and CPA-focused outputs that aim to cut CPA prep time by 30–50%, while recognizing real challenges around data quality, regulatory compliance, and building CPA trust—these require strong security, rigorous validation, and pilot-driven go-to-market execution.

Market Opportunity

Reduce tax prep time and missed deductions for small finance teams targets a $6.0B = 2M businesses × $3K ACV total addressable market with medium saturation and a year-over-year growth rate of 12% YoY (source: industry reports on accounting software and fintech adoption; Grand View Research and IDC 2024 estimates for accounting/finance automation markets).

Key trends driving demand: AI-driven document extraction and LLM-based reasoning are reaching practical accuracy for financial documents — this enables automation of tasks that were previously manual.; SMBs and finance teams are outsourcing less and investing in automation to reduce fees and speed up filings — this drives demand for software that cuts CPA prep time.; APIs and integrations from major accounting platforms are improving, which makes deep, productized connectors feasible and valuable for workflow automation.; Regulators and auditors increasingly expect clear audit trails and explainability, making tools that provide reconciled, repeatable outputs more attractive..

Key competitors include Intuit (QuickBooks + TurboTax/ProConnect), Pilot, TaxJar (Sovos).

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Reduce tax prep time and missed deductions for small finance teams

Executive Summary

Market Validation

Market Opportunity

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