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Revolutionizing ERP: DualEntry's Bold Launch
In an era when efficiency is paramount for growing businesses, the struggle with outdated enterprise resource planning (ERP) systems is igniting a wave of innovation. DualEntry, a revolutionary startup based in New York, is stepping into the spotlight with a shining $90 million Series A funding, led by venture capital heavyweights including Lightspeed Venture Partners and Khosla Ventures. This surge of investment aims to support their groundbreaking AI-native ERP system designed specifically for scaleups and mid-market companies.
The personal journey of co-founders Santiago Nestares and Benedict Dohmen directly feeds into their mission. Having endured the complex and prolonged implementation process of traditional ERP systems themselves, they set out to create a solution that could transform the user experience. "It took us 18 months and tens of thousands of dollars to go live with a legacy system that felt stuck in the 1990s," said Dohmen. "We knew there had to be a better way to support CFOs in 2025. That's why we decided to build something truly modern."
The Power of AI in Modern ERP Systems
Unlike many ERP solutions that merely layer AI features atop existing architectures, DualEntry integrates AI at its core, fundamentally reshaping finance workflows. Their platform automates 90% of manual tasks finance teams typically endure, paving the way for unparalleled efficiency. This unique AI-native approach not only enhances operational speed and accuracy but also allows for seamless data migration and integration, making it a game-changer in the legacy-driven marketplace.
DualEntry’s capabilities are evident; in just 18 months since its launch, the company has processed a staggering $100 billion worth of entries. By significantly reducing implementation timelines and costs, it offers a stark contrast to the expensive, cumbersome solutions previously dominated by legacy systems.
A Community-Centric Financial Future
Victor Cardenas, the CEO of Slash, occasionally reflects on his decision to transition from QuickBooks to DualEntry. Although Slash now pays around $60,000 for the robust features compared to $6,000 for QuickBooks, Cardenas finds immense value in DualEntry's automation and real-time reporting capabilities, stating, "Their unparalleled product velocity is the key factor that stood out for us. We can now manage our high transaction volume with efficiency that was previously unimaginable."
Future Insights: The Implications of Emerging Technology
As the financial landscape evolves, DualEntry’s rise highlights a broader trend. Financial professionals increasingly seek platforms that not only meet their current demands but also anticipate future needs—especially in adapting to technological advancements. With AI integration becoming a cornerstone of modern business strategies, companies using DualEntry can potentially improve their profitability and minimize reliance on traditional consulting services, effectively breaking free from the chains of high implementation costs that pockmarked earlier ERP eras.
Join the Movement
Businesses of all sizes can benefit from the efficiencies promised by AI-native solutions like DualEntry. If you find your organization struggling with rigid and outdated systems, it’s time for a change. Explore the capabilities of DualEntry and witness the transformation that awaits.
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