Innovative fintech aiGust transforms accountancy with smart benchmarking and strengthens position with Grant Thornton partnership

Belgian fintech company aiGust is officially launching its cutting-edge platform, which will reshape the accountancy sector with innovative data analysis and benchmarking tools. This platform will enable accountants to provide proactive and data-driven advice to their clients, enabling them to play a stronger advisory role.

With the recent entry of Grant Thornton as a shareholder, aiGust adds not only additional expertise but also valuable data to its already strong shareholder structure. Full-service advisory firm Grant Thornton joins an impressive list of existing shareholders, including Vandelanotte, BDO, Van Havermaet, Certifisc, Bakertilly and RSM. Together, these industry leaders strongly believe in aiGust's potential and the power of its shared data platform.

New shareholder, new opportunities

Grant Thornton's entry strengthens aiGust's position in the market and provides an even larger and richer data pool. This is an important step in providing accountants with the tools they need to offer the best service and advice to their clients. With this strong coalition of shareholders, aiGust can now fully focus on expanding its data platform and delivering unparalleled value to the accountancy industry.

Now is the time to go to market. With Grant Thornton on board, along with our existing shareholders, we are ready to expand our data pool and support accountants in their digital transformation. We invite firms to get in touch and connect to our platform via a licensing model so that they too can use our software and the valuable market insights we offer. For now, our focus is on growth and offering the best possible service.

Bart Colmont (left) and Tim Bottelbergs (right), founders of aiGust.

The power of aiGust: Smart features for accountants, by accountants

The aiGust platform offers a range of innovative tools specifically designed to help accountants strengthen their advisory role. One of the key features is benchmarking, through which the platform provides accountants with access to data from various sectors. This goes beyond standard financial results such as EBITDA; aiGust also provides in-depth insight into specific cost items, such as the cost of energy and rent. This allows accountants to place companies' performance in a broader market context, enabling them to make valuable comparisons.

In addition, aiGust allows users to build a personalised group of companies. This across the entire aiGust dataset. All figures from a file can then be compared to this group of companies. This feature provides more relevant insights, tailored to specific business segments or niches.

The platform also supports the delivery of proactive advice. Accountants can go beyond just presenting figures using the data aiGust provides. They gain the ability to distil strategic insights from the available data, allowing them to advise their clients more proactively and help them make better decisions for the future.

“aiGust is a wonderful opportunity for the entire industry,” confirms Leslie Van den Branden, Managing Partner Grant Thornton. “Not only the accountancy clients benefit enormously: by sharing data, they get market insights, trends and benchmarks instead. Our employees themselves also benefit. With AI, our accountants can fully realise their advisory role.”

Ready for the future

In an increasingly digital world, aiGust provides accountants with the tools to not only work with their own numbers, but also to put them in the broader market context. By using the right benchmarks and gaining deeper insights, accountants can help their clients become even more successful.

“The strength of aiGust lies in collaboration,” says Tim. “We not only help accountants understand their numbers better, but also provide the context of the market to take their advice to the next level.” Leslie concurs: “At Grant Thornton, we also firmly believe in the power of collaboration. With aiGust, this is also possible together with our competitors.  Which is particularly innovative and takes the entire accountancy sector to the next level.”

About aiGust

aiGust is a Belgian fintech company building Belgium's largest financial data pond and deploying advanced algorithms to help accountants gain valuable insights. The platform collects data from various accounting packages and sources such as payroll data and energy consumption. Companies that join aiGust benefit from shared data insights that help them strengthen their innovation power. aiGust is based in Leuven and has 10 employees.

For more info on aiGust: https://ai-gust.io/.

Contact

For more information or enquiries, please contact: 

Tim Bottelbergs
CEO aiGUST
tim.bottelbergs@ai-gust.io