Maxima Launches Max, A 24/7 Accounting Agent for Enterprise Accounting Teams

As Maxima surpasses $400B in transaction volume, early customers are reporting up to 80% less prep time and as much as 60+ hours saved per person per month with Max

SAN MATEO, Calif.--(BUSINESS WIRE)--Maxima, the leading agentic AI platform for enterprise accounting, today announced Max, an AI agent that takes on the manual and recurring preparation work consuming enterprise accounting teams, from payroll entries and opex accruals to balance sheet reconciliations and variance explanations. Max prepares the work and routes it to accountants for review, but nothing posts to the General Ledger (GL) without their approval.

Enterprise accounting teams are under unprecedented pressure. They’re experiencing record levels of burnout, with the number of people entering the accounting profession at an all-time low. At the same time, accounting errors are at an all-time high as business complexity continues to accelerate through new accounting regulations, system and data fragmentation, growing number of entities and new pricing models. For years, the default response has been to hire more accountants or to outsource, but the volume and complexity of modern business has simply outpaced what any group of humans can or should sustain manually.

The announcement comes as Maxima surpasses $400 billion in accounting transaction volume processed on its platform, with deployments at enterprises including Rippling, Miro, Zendesk, Scale AI, and Bilt Rewards. Early customers using Max report up to 70% faster close cycles, as much as 80% less prep time on recurring workflows, and more than 60 hours saved per person per month.

“We get Maxima’s agentic system of work, and now Max, an always-on teammate that prepares accounting work across our finance stack while operating within our existing SOX requirements, controls, and approval workflows,” said Josh Waldron, Chief Accounting Officer, SVP of Finance at Scale AI. “The result is more automation, full accuracy, complete auditability, and greater confidence in every output.”

Max comes equipped with domain specific skills to support the full accounting lifecycle, from transaction-level reconciliation to month-end close. Max’s key skills include:

• Cash accounting: classifies bank statements, reconciles cash to GL, and prepares cash journal entries.
• Accruals and Accounts Payable (AP): calculates estimation-based accruals, processes reversing entries, and prepares AP journal entries.
• Payroll: prepares payroll journal entries, reconciles payroll to GL, and calculates compensation accruals.
• Intercompany and allocations: executes intercompany elimination, builds consolidation support, and applies allocation methodology.
• Commissions and equity: capitalizes commissions, tracks equity compensation, and calculates fixed asset depreciation.
• Revenue: recognizes revenue, processes true-ups and reversals, and more.

Every output Max prepares carries a complete audit trail, step by step proof of work, validation checks and most importantly, segregated human-in-loop approvals.

“Accounting is one of the most meticulous and high-risk industries in our entire economy. AI labs and vibe coded apps give a mirage of accuracy in their race for accessible automation. But lack of controls and 90% accuracy isn’t good enough when the 10% that’s wrong can lead to adverse audit opinion, regulatory fines or delisting,” said Yogi Goel, CEO and Co-founder of Maxima. “That’s why we built Max with hardened accounting skills codified by auditors who came from the Big Four, bringing the same rigor they’d apply to any audit engagement, so every output can be reviewed, approved, and stands up to audit.”

Maxima does not require teams to rip and replace their existing systems. The platform sits on top of existing ERPs, pulling data from banks, payroll platforms, billing tools, and data warehouses, and pushing audit-ready outputs back into the ERP once work is reviewed and approved. Max is the agent that operates within that system of work, handling the preparation that has historically consumed the majority of accounting hours.

Max is available now for Maxima customers. To see Max prepare accounting work, visit maxima.ai/max

About Maxima

Maxima is the first agentic system of work for accounting, purpose built for enterprise teams to deliver SOX-ready, real-time and efficient accounting without uprooting their ERPs. From journal entries to flux analysis, Maxima automates the most painful and error prone workflows across the entire record-to-report operations. Founded in 2024, the company has raised $41M in funding, processed more than $400 billion in accounting volume across 350 million transactions, and was recently named by Redpoint as one of the top companies shaping the AI application layer in its inaugural AI64 list. Learn more at www.maxima.ai.