Stacks launches AI platform to transform finance team workflows
Stacks has launched an agentic artificial intelligence platform designed to address complexities in finance operations for accounting professionals.
Agentic AI, as developed by Stacks, is designed to learn directly from the actions of accountants rather than relying on preset rules. The intention is to move finance teams beyond relying solely on AI for basic tasks and enable them to manage entire month-end close processes. By providing such automation, the platform aims to free up finance professionals' time for strategic planning and increase the feasibility of a one-click financial close.
Shift in finance automation
Stacks has projected that more than half of contemporary Chief Financial Officer (CFO) offices will be making use of agentic AI solutions by the end of 2026. Early demand is reportedly strongest among companies in retail and the consumer commerce markets.
The launch comes at a period when finance executives are increasingly expected to serve as broad business strategists. Nonetheless, many are constrained by legacy technology and inefficient procedures. Citing sources, Stacks notes that over 60% of finance leaders spend disproportionate amounts of time on transactional work, while investments in traditional automation have not significantly reduced workloads related to financial close processes.
Moving beyond rules
Many legacy players in the space have failed to solve the problem at scale because technology was not there to deal with complex business logic. Accounting doesn't follow a script. Workflows are dynamic and messy, and full of judgment calls. That's where rule-based systems fall short - and why agentic AI is such a game changer.
This statement was made by Albert Malikov, Chief Executive Officer and Founder of Stacks.
The Stacks Agentic platform has been designed to operate in real-world accounting contexts, addressing both everyday requirements and exceptional cases that traditional rule-based and automated tools can find challenging. The platform learns from the ways in which accountants handle scenarios such as currency discrepancies, unusual transactions, or missing data, and applies those learnt approaches to similar situations in future operations. The company claims that this technique allows the system to evolve in line with the changing requirements of finance teams.
Initial users have reported significant time savings and improvements to compliance controls with the introduction of the platform. According to early feedback, enterprises experienced 97% fewer manual reconciliations and a 50% decrease in financial close times.
Finance leaders aren't just under pressure to close the books efficiently. They're expected to advise on pricing, support market expansions, and inform strategy. But many are still stuck chasing anomalies and cleaning up data. Our goal is to eliminate that drag. With Agentic AI, we're moving the industry closer to a true one-click close - freeing finance teams to focus on driving the business forward, not untangling numbers.
Malikov explained.
User feedback
Most AI automation tools require regular rule updates and struggle to reconcile unique items. Stacks' Agents reduce the need for manual oversight in these scenarios, allowing finance to remove administrative roles and focus on supporting commercial and growth initiatives,
said Alfie Samson, Finance Director at Bumper. His comments reflect a shift in expectations among finance professionals regarding automation's potential to redefine their daily work and engagement with broader business priorities.
Company background
Stacks was established in 2024 and raised EUR €10 million in funding in February 2025 from EQT Ventures and General Catalyst. Since its launch, the company has secured partnerships with more than 30 organisations, including Epidemic Sound, Bloom & Wild, Motorway, Freetrade, Cleo, and Bumper. Stacks currently operates from bases in Amsterdam and London and employs 30 people.
