Digits Launches AI-Powered General Ledger with Xero Co-founder

Digits, an accounting technology company, has launched the world's first AI-driven Autonomous General Ledger (AGL), announced in a press release. This innovation comes after five years in stealth and a year of rigorous testing. The announcement was made at the HumanX Conference in Las Vegas.

Joining Digits is Craig Walker, Co-founder and former CTO of Xero, who praised the new system's efficiency. Walker noted that tasks that previously took a week in platforms like Xero or QuickBooks now take mere minutes with Digits.

The AGL acts as a proactive bookkeeper, automatically categorizing transactions, reconciling accounts, and providing real-time financial insights. Unlike competitors that rely on generic large language models, Digits uses proprietary models that outperform others by 54%.

Digits AGL is available as self-serve software, starting at $100/month for startups and small businesses. Expanded features for accounting firms are expected later this year, with testing already underway with firms like Armanino and Hiline.