Maxima, an agentic artificial intelligence platform for enterprise accounting, has launched “Max,” an AI agent that takes on the manual and recurring preparation work consuming enterprise accounting teams—from payroll entries and accrued operating expenses 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 without their approval, Maxima says.
The announcement comes as Maxima has surpassed $400 billion in accounting transaction volume processed on its platform, with deployments at enterprises including Rippling, Miro, Zendesk, Scale AI, and Bilt Rewards.
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 the general ledger, and prepares cash journal entries.
- Accruals and accounts payable: Calculates estimation-based accruals, processes reversing entries, and prepares AP journal entries.
- Payroll: Prepares payroll journal entries, reconciles payroll to the general ledger, 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 segregated human-in-loop approvals, Maxima says.
“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,” Yogi Goel, CEO and co-founder of Maxima, said in a statement on June 23. “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.”
Max is available now for Maxima customers. More information can be found here.
Photo caption: (From left) Maxima Co-Founder and Chief Technology Officer Jack Liao, Co-Founder and CEO Yogi Goel, and Co-Founder and Chief Product Officer Akshaya Srivatsa.
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