Sep 1, 2024

Aleq Manifesto

Revolutionizing Accounting for a New Era

At Aleq, we believe the future of accounting is all about automation. We want to create a smart, seamless system that can handle every financial task with speed, accuracy, and no hassle. Our mission is to build the first fully automated AI accountant, a game-changing solution that will transform how businesses manage their money.

This isn’t just about saving time or cutting costs. It’s about helping businesses focus on what matters most: growing, innovating, and making a real impact.

We’re not there yet, but just like SpaceX's mission to Mars, we have a big goal we’re working towards. Every module we build is a step toward that goal—one piece of the puzzle that will take us to a fully automated financial future.

The Vision: A Fully Automated Financial System

Imagine a world where businesses no longer deal with tedious financial tasks—no more overdue payments, manual reconciliations, or stressful tax preparation. Imagine a world where every aspect of financial management happens automatically, with AI-driven tools that not only handle busy work but actively make decisions, solve problems, and execute tasks—all without human intervention.

This is the proactive future Aleq is creating. Our vision is to build an all-encompassing financial ecosystem that handles everything—from reconciling transactions in QuickBooks to filing taxes and even making phone calls to collect overdue payments. It’s a future where AI doesn’t just assist; it takes full ownership of every repetitive task, freeing you up entirely to focus on growth and innovation.

Aleq will be more than just a tool—it will be an autonomous system that keeps your finances on track without you lifting a finger. It will make payments on time, follow up with customers automatically, categorize and reconcile expenses, and even negotiate better vendor rates for you. Imagine an AI that can file your taxes, respond to financial inquiries, and handle payroll seamlessly. This is what Aleq is working towards: a financial system that truly runs itself.

Aleq will be constantly proactive, not only automating tasks but also identifying potential issues before they arise, bringing them to your attention or fixing them with your approval. It will track spending patterns, predict future financial needs, and optimize cash flow on the go. Imagine being notified about potential cash shortages with suggestions on how to prevent them, or having the system handle those situations directly by adjusting payment schedules or securing short-term financing—all done autonomously.

This vision is not just an abstract idea—it’s a detailed roadmap that guides every module we create. Each feature we build brings us closer to a world where accounting is effortless, automated, and optimized. By combining advanced machine learning and AI, we’re crafting a future where businesses thrive without getting bogged down by financial chores. With every module, we’re paving the way for a truly automated financial system—one that makes your business smarter, more efficient, and ready for anything.

Our Guiding Principles

Bold Innovation

We’re not interested in small improvements. Aleq wants to disrupt and redefine what’s possible in accounting, pushing the boundaries of technology to create a truly revolutionary system. Every module we create is a big step forward, solving problems that businesses have accepted for too long. We look for opportunities to bring fresh, bold ideas into the accounting world—whether it's automating complex tasks, integrating new AI capabilities, or reimagining workflows that have remained unchanged for decades.

Our goal is to move beyond traditional accounting solutions and create tools that make financial management smarter, faster, and more efficient. We believe in thinking big and tackling the most challenging problems head-on. This is why we constantly innovate, creating tools that aren’t just better—they're transformative, paving the way for a fully autonomous financial future.

Relentless Simplicity

Automation should make things easier, not harder. Aleq’s tools are designed to be simple, intuitive, and accessible for everyone. We focus on user-friendly interfaces and clear, straightforward processes so that anyone, regardless of their technical skills, can harness the power of our technology.

Our goal is to strip away the complexity that often comes with advanced technology. We want our users to feel confident and empowered when using Aleq, with tools that adapt to their needs, anticipate their questions, and guide them smoothly through each process. By prioritizing simplicity, we make sure that businesses can benefit from automation without the learning curve or frustration that often comes with adopting new systems.

Unwavering Privacy

We know trust is crucial. Aleq puts security, privacy, and control at the forefront of everything we do, ensuring that our customers always have full ownership of their data and models. We use state-of-the-art encryption, strict access controls, and continuous monitoring to protect your data at every step.

Our commitment to privacy means that your financial information is always in your hands—fully encrypted, isolated, and inaccessible to unauthorized parties. We also provide transparency, giving you visibility into how your data is used and ensuring that you remain in complete control. At Aleq, we go the extra mile to not only meet privacy standards but to exceed them, providing our clients with unparalleled peace of mind.

Step-by-Step Mastery

Building a fully automated AI accountant is a huge challenge—one that requires persistence, precision, and a commitment to steady progress. Like any ambitious project, it takes small, consistent steps to reach the end goal. Each module we release is a crucial milestone that not only solves real problems today but also builds the foundation for our bigger vision.

We believe in learning, improving, and iterating with every step. Our approach is to master each aspect of financial automation one at a time, ensuring that each module is robust, reliable, and delivers immediate value to our users. By breaking down the journey into manageable parts, we create a clear path forward, continually improving and refining our system until we reach our ultimate goal: a completely automated, intelligent financial ecosystem. This step-by-step mastery allows us to grow in a controlled, effective way, bringing our customers along on this exciting journey towards the future of accounting.

Our Strategy: Building the Future, One Module at a Time

To achieve our goal, we’re focusing on solving real problems that accountants and businesses face today. Each module we build tackles a specific pain point and lays the foundation for our fully automated AI accountant.

Modules in development and beta 

Complex Q&A

Most accounting questions start with something simple. Aleq’s Q&A module can answer any question about your company in under 10 seconds. By linking directly to the original data and explaining how it found the answer, Aleq saves you from wasting time searching and guessing. It also adapts to the kinds of questions you ask over time, getting better and more tailored to your needs with each interaction. The AI not only provides answers but also offers suggestions for deeper analysis, helping you get the full picture without additional effort.

Report Building

Aleq makes it easy to turn answers into useful reports. From board reports to financial summaries, Aleq creates detailed reports instantly, so you have more time for strategic decisions. Our report-building tool can integrate multiple data sources, combining different metrics to create a holistic view of your business. It also allows for custom formatting and templates, so your reports are always ready for presentation. By using Aleq, you reduce the time spent preparing reports from weeks to seconds, giving you more capacity to plan and strategize.

Monitoring & Action Taking (Closed Beta)

Aleq connects to top data sources, like S&P Global, to track key performance indicators (KPIs) and compare your company to industry standards. It sends alerts about important changes and can even take action to fix issues automatically. This includes adjusting budgets, reallocating resources, and optimizing spending based on real-time insights. By keeping a constant eye on your financial health, Aleq helps you avoid surprises and stay proactive. The system can even trigger corrective actions autonomously, reducing the workload on your finance team and allowing you to stay focused on business growth.

Modules Coming Soon

Accounts Receivable

Aleq will make overdue payments a thing of the past. This module will follow up on unpaid invoices through phone calls, emails, texts, and voicemails—all handled automatically. It will prioritize follow-ups based on customer history and payment behaviors, ensuring the most effective approach is used. Aleq will also provide detailed aging reports and suggest strategies to improve collection times, reducing the overall impact of delayed payments on your cash flow.

Reconciliation

Aleq will make manual reconciliation unnecessary. This module will keep your financial data accurate and up-to-date, eliminating errors and making your workflow more efficient. It will reconcile transactions in real-time, flagging any discrepancies and suggesting solutions. By integrating with multiple financial systems, Aleq ensures that all accounts are balanced without manual intervention, freeing up your finance team to work on higher-value tasks.

Automated Expense Management

Aleq will categorize expenses, flag unusual spending, and negotiate better rates with vendors using real-time pricing data and AI-driven negotiations. It will also automate the approval process for expenses, making it easier for employees to submit and track their spending. With built-in policy enforcement, Aleq will ensure compliance with company guidelines while optimizing vendor costs. The system will even predict upcoming expenses and provide insights into how to reduce them, giving you better control over your finances.

Payroll Automation

Aleq’s payroll module will handle everything from calculating wages and managing deductions to sending payments—all without any manual effort. It will also manage employee requests easily, such as changes to payment details or tax withholdings. Payroll processing will be fully automated, with built-in compliance checks to ensure accuracy and reduce errors. The module will also provide insights into payroll trends, allowing you to optimize staffing costs and ensure efficient workforce management.

AI-Driven Cash Flow Optimization

This module will predict cash flow needs and offer suggestions to keep your finances healthy. In some cases, Aleq will even negotiate and handle short-term financing for you. It will continuously monitor cash inflows and outflows, providing real-time updates and making adjustments as needed. Aleq’s predictive capabilities will help you avoid cash shortfalls and identify the best times for investments or reducing liabilities. By automating these complex financial processes, Aleq ensures your business maintains strong, stable cash flow.

Tax Preparation and Filing

Aleq will take care of taxes from start to finish, finding ways to save money and making sure everything is filed correctly and on time. It will stay updated with the latest tax laws and regulations, ensuring compliance and identifying new opportunities for deductions. Aleq will also generate audit-ready tax reports and maintain a full history of filings, so you are always prepared. By automating the entire tax process, Aleq helps reduce stress and risk while maximizing your savings.

Vendor Payment Negotiation

This module will use AI to negotiate better payment terms with suppliers, helping maintain good cash flow and strong vendor relationships. It will analyze vendor performance, payment history, and industry benchmarks to ensure you always get the best deal possible. Aleq will also track contract terms and remind you when renegotiations are due, allowing you to maintain favorable agreements over time. By handling these negotiations autonomously, Aleq keeps your supplier relationships positive and your cash flow optimized.


Privacy and Security: Built into Our Core

We understand that trust is non-negotiable. That’s why Aleq goes above and beyond to keep your data safe, private, and fully under your control. Our privacy and security approach is built on multiple layers of advanced technology, all designed to provide the highest level of protection.

Custom Hosting

Aleq offers flexible hosting options so businesses can deploy our models in the secure environment that works best for them. Whether it's on-premises or in a private cloud, our hosting solutions give you the control you need.

We also work closely with your IT teams to ensure smooth integration, making sure everything fits with your existing infrastructure and security needs.

Data Encryption

All data is encrypted both in transit and at rest to protect it from unauthorized access. We use industry-standard encryption like AES-256 for data storage and TLS 1.2+ for secure data transfer. We're also committed to our Soc2 Type II compliance

We also conduct regular security checks and tests to find and fix any vulnerabilities. Our commitment to proactive security means your data is always protected by the latest technology.

Fine-Tuned Models

Our fine-tuning process creates models that are customized to your data, achieving over 25% better accuracy compared to other AI platforms. These models are designed to understand the specific needs of your business, providing more precise answers and insights.

We also make sure our models keep learning. As your business grows and changes, the models continue to update, ensuring that our AI keeps getting better.

One-Click Fine-Tuning

Aleq makes model customization easy. With one-click fine-tuning, even non-technical users can improve model performance, making advanced AI more accessible.

This feature reduces the need for engineering support and lets businesses adapt quickly to new challenges, keeping them agile in a constantly changing world.

Access Control and Audit Logs

We provide detailed access controls and audit logs to ensure security and compliance. With role-based access control (RBAC), you can decide who has permission to view or modify sensitive data.

Our audit logs keep track of all actions taken within the system, giving you full transparency for regulatory compliance. These logs are securely stored and always accessible, putting you in control of your data.

Model Ownership

Unlike other AI services, Aleq gives you full ownership of your customized model. This means your proprietary insights are fully protected, and you have control over how they are used.

We also give you the option to export models, so you can take your AI capabilities with you if you decide to move or integrate with other systems. This commitment ensures that your competitive advantages stay yours.

The Journey Ahead

Building a fully automated AI accountant is not an easy task. It’s a challenge as ambitious as sending people to Mars. But like every great journey, it starts with small steps. Every module we build is a milestone—solving today’s problems while laying the groundwork for a future where accounting is fully automated.

We’re not just building tools; we’re creating trust, efficiency, and a new way of doing business. Aleq is more than just a product—it’s a partner in your success. Together, we can transform accounting from a burden into a powerful advantage.

Join Us

Aleq isn’t just about building technology. It’s about creating a movement—a bold vision for the future of accounting. Whether you’re a business owner, an accountant, or a visionary entrepreneur, we invite you to join us on this journey. Together, we can redefine what’s possible.

Welcome to the future of accounting.

Welcome to Aleq.