Finto - AI accounting for enterprises
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Finto and the Future of Finance Automation in the Enterprise Sector

Finto was founded in 2025 by three individuals who bring together a rare trifecta of domain expertise: product leadership, go-to-market strategy, and technical innovation. Jonas Morgner, Lorenz Neuner, and Linus Boehm are the minds driving this San Francisco-based startup that’s rethinking how enterprise accounting works in the age of AI.

Lorenz and Jonas had already been collaborating for over four years at TradeLink, a logistics SaaS company backed by Point Nine and Insight Partners. While Lorenz was leading Product, Jonas drove Go-to-Market strategies. During their time at TradeLink, they observed firsthand the inefficiencies in the purchase-to-pay (P2P) workflows at scale.

Their shared frustration with manual accounting processes planted the seed of Finto. Linus Boehm, previously a founding engineer at Tacto (a procurement SaaS startup backed by Sequoia and Index Ventures), joined them from the Munich startup ecosystem. With his deep technical understanding of enterprise workflow automation and AI, Linus became the third piece of the puzzle.

The result? A trio of founders united by deep SaaS experience and a shared mission to eliminate manual accounting.

What Problem Is Finto Solving for Enterprises?

Finto addresses a long-standing, painful bottleneck in enterprise finance: accounts payable. For a mid-market company, the scale is staggering — approximately 100,000 invoices arrive annually. Yet an average accountant can only process between 10,000 and 20,000 of these due to the highly manual nature of the task.

Here’s what that process typically looks like:

  • Manual data entry into ERPs
  • Verification of invoice data against purchase orders
  • Managing discrepancies between expected and billed amounts
  • Assigning account codes and cost centers
  • Chasing down approvals from different stakeholders

Despite decades of innovation in enterprise software, this crucial function is still powered by spreadsheets, emails, and human memory. Many companies respond by staffing large accounting departments or outsourcing to shared service centers. But this adds cost, complexity, and delays.

Finto reframes the solution entirely. With AI agents at its core, the company eliminates manual repetition, creating a system that doesn't just assist accountants but doubles their output.

How Does Finto’s Technology Work?

Finto’s secret weapon is its autonomous accounting agents — intelligent software components that understand, learn, and execute complex finance workflows end to end.

Instead of requiring human input at each step, Finto agents:

  • Automatically verify invoices
  • Communicate with suppliers to resolve inconsistencies
  • Assign ledger accounts and cost center codes based on learned context
  • Route for approval workflows intelligently
  • Post into ERP systems directly — all in one seamless step

This is not just automation — it’s orchestration. The system connects the dots across departments, workflows, and datasets, much like an experienced team would, but with machine speed and consistency.

Linus, the technical co-founder, brings years of expertise in scaling SaaS for procurement and workflow automation. With this knowledge, Finto builds deeply integrated AI agents that are enterprise-grade and context-aware.

Why Is Now the Right Time for AI in Accounting?

In many ways, accounting is the perfect domain for applied AI. The rules are clear, the workflows are repetitive yet intricate, and the datasets are structured but require nuance. And most importantly, the need is massive.

The rise of generative and agentic AI in enterprise software means it's now possible to move beyond traditional RPA (robotic process automation) and toward autonomous systems that:

  • Understand business logic
  • Handle edge cases
  • Interact with humans and systems alike

Finto taps into this technological inflection point to address a billion-dollar problem: the ballooning costs of manual accounting. While past solutions merely digitized the paper trail, Finto removes the paper trail altogether.

The post-COVID enterprise landscape has also shifted. Finance teams are more distributed, ERP environments are more complex, and cost-efficiency is a boardroom priority. Finto fits squarely into this moment, offering speed, accuracy, and scale.

What Sets Finto Apart from Traditional Accounting Tools?

While there are dozens of ERP plugins, invoice scanning tools, and even AI assistants on the market, Finto takes a full-stack approach to automation.

The startup doesn’t just help with one step of the accounts payable process — it handles all of them. This includes:

  • Pre-verification
  • Discrepancy resolution
  • Cost allocation
  • Workflow approvals
  • Final ERP posting

And it does so in a single, coherent process using AI agents. This “all-in-one” approach leads to substantial productivity gains, not just incremental ones. Where others digitize fragments of the process, Finto automates the whole.

It also focuses heavily on mid-market and enterprise needs, which are often ignored by smaller tools that target startups or SMBs. These larger companies have complex workflows, internal approval chains, and compliance requirements. Finto is built to meet them where they are.

What Is Finto’s Long-Term Vision?

Finto isn’t just another enterprise tool — it’s a bet on the future of autonomous operations. The team envisions a world where:

  • Finance teams focus on strategy, not data entry
  • Audits are real-time and always up-to-date
  • AI agents handle high-volume, low-judgment workflows entirely

In this future, accounting is no longer a back-office burden. Instead, it becomes a real-time, self-optimizing system — always accurate, always compliant, and always scalable.

Finto sees itself as a key contributor to this shift. As Jonas, the commercial lead, puts it: “AI will write the final chapter of accounting software.”

This isn’t hyperbole. Much like CRMs evolved from spreadsheets to Salesforce, and HR tools evolved into platforms like Workday, accounting software is due for a leap — one that moves from passive tools to active systems. Finto is building that leap.

Where Is Finto Headed Next?

Currently active and based in San Francisco, Finto is part of Y Combinator’s Summer 2025 batch. With their experience, strong backing, and a clear pain point to solve, the team is poised to grow fast.

They’re already gaining interest from enterprise finance teams who are desperate to escape the invoice hamster wheel. As AI agents mature and adoption grows, Finto aims to expand beyond accounts payable to tackle other pain points across finance.

From procurement to compliance to financial reporting, the opportunities are endless — and Finto is just getting started.

Why Should the Business World Pay Attention?

Enterprise software is undergoing a generational shift. AI is no longer just about chatbots or copilots — it's becoming infrastructure. And in domains like accounting, where the cost of manual work is enormous and accuracy is non-negotiable, the stakes are particularly high.

Finto offers a glimpse into this future. It shows that with the right team, the right moment, and the right technology, even the most entrenched business processes can be reimagined.

And when it comes to accounts payable, that reimagination is long overdue.