Standardize and reclassify accounting data at scale
Train AI to categorize your accounting data the way you need across entities, clients, or systems.
Introduction
DAFs, accounting firms, and finance teams often face inconsistent categorization across entities or clients. Mapping suppliers, transactions, or accounts manually is time-consuming, error-prone, and not scalable.
Phacet lets you drop raw accounting data into a smart table interface, and apply your own logic using AI suggestions that learn and improve over time.
When to use this Phacet
Perfect for CFOs, DAFs or accounting firms who want to:
• Normalize accounting categories across multiple entities or clients
• Reclassify suppliers or transactions with custom rules
• Save hours on P&L mapping and monthly review workflows
AI skills involved
Automatically classify your transactions, entries and documents
Phacet assigns categories, analytical codes or custom labels to your data - based on your rules, your chart of accounts, or patterns it learns from your history. Bank transactions, supplier invoices, expense lines: everything is classified consistently, at scale.
Route exceptions to the right person and track every decision
Phacet doesn't decide edge cases alone. It routes ambiguous results to the right person with full context - original document, matched data, confidence score. Your team validates, corrects or rejects. Every decision is logged. The AI learns from each correction and gets more accurate over time.
Normalize formats, names and amounts across all your sources
Every tool exports differently - dates in three formats, amounts with commas or dots, supplier names in inconsistent casing, currencies without symbols. Phacet normalizes everything before processing so every comparison is accurate, regardless of where the data came from.
Business impact
Up to 90% time saved
Automate supplier and transaction reclassification for reporting and reviews.
Ensure audit-proof consistency
Keep categories traceable and aligned across entities, clients, or sectors.
Unlock dynamic reporting
Standardize data so you can build reliable P&Ls without changing your accounting stack.
Integrated with everything
“For every new client, we used to spend hours manually categorizing 200+ suppliers. With Phacet, it’s now 10x faster and we’ve harmonized category logic across the board.”
— Part-time CFO
Steps to get Started
Import your accounting data
Upload your General Ledger, FEC, or exported entries from your accounting tool.
Get AI category suggestions
Phacet auto-suggests categories based on past mappings, industry logic, and web enrichment.
Validate & teach
Confirm or adjust categories line by line or in bulk. Each action teaches the AI to follow your own rules.
Export & report
Re-export cleaned and standardized data to Excel, Google Sheets, or feed it into BI tools like Metabase or PowerBI.
Unlock your AI potential
Do more with your existing resources using tailored AI solutions.
Frequently Asked Questions
Phacet analyzes your accounting journals and automatically suggests categories based on your business logic, powered by AI trained on your own data and past classifications.
Yes. You can define custom analytical or sector-based rules. Phacet learns from your corrections to replicate your logic across all entities and clients.
Phacet supports FEC files, General Ledgers, CSV, Excel, or API exports from accounting systems like Sage, Pennylane, Netsuite, and more.
Yes. Phacet harmonizes accounting categories across entities, ensuring coherent, audit-ready P&L structures even with heterogeneous accounting systems.
Up to 90% time savings, error-free and consistent data, and dynamic, reliable reporting without changing your accounting tools.
Absolutely. Every manual correction teaches Phacet your categorization logic, improving accuracy while maintaining full control over every reclassification.
