Fast Accounting

Name: Fast Accounting
Brand: Fast Accounting

Pioneering the Accounting Singularity.

Est 2016|Valuation $64.8M|Raised $16.8M|32 Ref Customers

LinkedIn 730|Web traffic 20K|FTEs 92|HQ Chicago, Illinois, US

MarketsInvoice Data Capture & Processing

01Competitive Landscape

Narrative analysis

Where Fast Accounting shows strengths - Accounting-specific AI capabilities: Robota includes OCR plus verification logic and journal-entry candidate inference, indicating an accounting-focused automation layer. - Japan compliance and Peppol positioning: the company is a recognized Peppol service provider in Japan and presents features aligned with Japanese invoice system requirements. - Enterprise integrations: public materials highlight integration pathways (e.g., Concur Invoice API) and referenced partnerships. Where competitors may have advantages - Bill One: presents a managed digitization and centralization model with published accuracy claims under specific conditions. For organizations mainly seeking centralized invoice intake and managed digitization, Bill One may present a simpler procurement case. - freee: provides transparent entry pricing and a broader accounting/invoicing ecosystem that may be preferable for smaller organizations. Market adoption signals - Fast Accounting publishes vendor-reported claims of market position and references survey organizations. These signals are indicative but require careful review of methodology and scope (e.g., how share is defined).

	Fast Accounting (Remota/Robota)	Sansan Bill One	freee (invoice-related tools)
Starting Price	Not publicly listed; volume-based subscription (quote)	Not publicly listed; initial + recurring fees, quote-based	Published tiered monthly plans for entry and advanced invoice tool tiers
Best For	Mid-market/enterprise Japan accounting automation; OCR plus accounting-specific AI and ERP integration; Peppol services	Enterprise invoice centralization, digitization, and accelerating monthly close	Individuals/SMBs to mid-market workflows depending on plan; invoice issuance and related automation
Key Strength	Accounting-domain AI modules (OCR, verification, journal-entry suggestions); Japan compliance orientation; Peppol provider	Operational model for invoice collection and digitization; published accuracy claims under specified conditions	Transparent entry pricing for invoice tools; broad SMB ecosystem
Key Weakness	Pricing opacity; limited global review footprint; outcomes mainly vendor-reported	Pricing opacity; accuracy claims conditional; may be more managed digitization than accounting AI engine	May not meet enterprise-grade ERP/AP automation needs without add-ons

01Competitive Landscape

Narrative analysis

Where Fast Accounting shows strengths

Accounting-specific AI capabilities: Robota includes OCR plus verification logic and journal-entry candidate inference, indicating an accounting-focused automation layer.
Japan compliance and Peppol positioning: the company is a recognized Peppol service provider in Japan and presents features aligned with Japanese invoice system requirements.
Enterprise integrations: public materials highlight integration pathways (e.g., Concur Invoice API) and referenced partnerships.

Where competitors may have advantages

Bill One: presents a managed digitization and centralization model with published accuracy claims under specific conditions. For organizations mainly seeking centralized invoice intake and managed digitization, Bill One may present a simpler procurement case.
freee: provides transparent entry pricing and a broader accounting/invoicing ecosystem that may be preferable for smaller organizations.

Market adoption signals

Fast Accounting publishes vendor-reported claims of market position and references survey organizations. These signals are indicative but require careful review of methodology and scope (e.g., how share is defined).

	Fast Accounting (Remota/Robota)	Sansan Bill One	freee (invoice-related tools)
Starting Price	Not publicly listed; volume-based subscription (quote)	Not publicly listed; initial + recurring fees, quote-based	Published tiered monthly plans for entry and advanced invoice tool tiers
Best For	Mid-market/enterprise Japan accounting automation; OCR plus accounting-specific AI and ERP integration; Peppol services	Enterprise invoice centralization, digitization, and accelerating monthly close	Individuals/SMBs to mid-market workflows depending on plan; invoice issuance and related automation
Key Strength	Accounting-domain AI modules (OCR, verification, journal-entry suggestions); Japan compliance orientation; Peppol provider	Operational model for invoice collection and digitization; published accuracy claims under specified conditions	Transparent entry pricing for invoice tools; broad SMB ecosystem
Key Weakness	Pricing opacity; limited global review footprint; outcomes mainly vendor-reported	Pricing opacity; accuracy claims conditional; may be more managed digitization than accounting AI engine	May not meet enterprise-grade ERP/AP automation needs without add-ons