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Good morning, friends. Thomson Reuters surveyed 1,700 accounting pros: 77% use AI for tax research, but 70% of their firms have no written policy for it. AI led US job cut reasons in May for the third straight month, and two platforms built for accounting firms shipped this week. Make it a good Friday.
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In This Morning's Issue
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Where accounting firms actually use GenAI right now
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Ramp just shipped an AI system built for the monthly close
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No. 01
| ACCOUNTING
| Lead Story
Where accounting firms actually use GenAI right now
Thomson Reuters surveyed 1,700 tax and accounting professionals in early 2025 on GenAI adoption across six job categories. Tax research led at 77%. Document review, client communication drafts and data entry all cleared 50%.
The Signal — Seventy percent of those same firms have no written AI policy. Staff feed client data into tools with no guidance on what's OK to share, no review requirements and no documentation trail. For practices handling tax returns and financial statements, that's not a future compliance problem. It's a client data exposure happening right now. What to watch: Watch whether state CPA boards or the AICPA move first on minimum AI policy requirements. That 70% number is a peer benchmark. When most of your peers haven't acted yet, the benchmark makes waiting feel safer, not more urgent.
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No. 02
| ACCOUNTING
Ramp just shipped an AI system built for the monthly close
Ramp launched Stack on June 3, an AI operating system built for accounting firms. It automates the monthly close and was tested on more than 200 accounting tasks by working accountants before launch. Every decision it makes is reviewable and auditable. Free through August 2026.
The Signal — Most AI tools that reach accounting firms were built for something else. Stack was built for the monthly close from the ground up. That's a different starting point than asking Copilot or ChatGPT to help with reconciliations — and a harder one to dismiss. What to watch: Whether an AI system built specifically for the accounting close holds up under real firm conditions, and whether the free window through August is long enough for firms to actually evaluate it.
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External links — the most worth-clicking AI items from around the web this week.
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Workflow of the Week
Basedash Semantic Layer (basedash.com)
Basedash launched a semantic layer that lets teams define a business metric once and use it everywhere. If your revenue number means something different in your CRM than it does in your close report, this fixes that.
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NOW AVAILABLE: Whispers of Nystad
The wait is over. Whispers of Nystad is out now. A historical thriller where a coded letter can end a war. Follow Elsa across a frozen Baltic frontier as empires collide and every message carries a price. Available in paperback and ebook.
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Nexairi Sandbox
New tools and web apps are rolling out. See what's live and what is next.
Visit Nexairi Sandbox →
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Find Your Ikigai — Free Tool
Answer 16 questions about what you love, what you're good at, what the world needs and what you can be paid for. Nexairi Wayfinder maps the overlaps and tells you exactly what it means for your career.
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From the Archive
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That's the dispatch.
If something here changed how you think this week, hit reply and tell me. I read every one.
— Jim
Jim Smart · Founder, Nexairi
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— The Letters Desk —
Write back. We're listening.
Every reply lands in the editor's inbox. Tell us what hit, what missed, or what we should chase tomorrow — one sentence is plenty.
Or just hit reply. [email protected]
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