LuminaData Inc., a Techstars-backed company, has launched its AI Agent suite powered by FinEdge LLM, a patent-pending large language model specialized for accounting and compliance. Trained on finance documents, FinEdge LLM enables precise handling of complex workflows, achieving 99.8% reconciliation accuracy and accelerating month-end closes for finance teams.
LuminaData releases AI Agent suite with FinEdge LLM for accounting compliance.
Achieves 99.8% reconciliation accuracy, reducing tasks from hours to minutes.
Specialized agents for reconciliation, lease accounting, and parcel audits.
Trained on GAAP, SOX, ASC 842, and IFRS 16 for audit-ready results.
Integrates with Excel; deploys in 2 weeks with full audit trails.
Early adopters report multimillion-dollar quarterly savings.
Unlike general AI models trained on market data, FinEdge LLM is designed for accounting logic, processing journal entries, accruals, and approvals with transparency and auditability. This domain-specific approach ensures explainable results aligned with industry standards, empowering finance teams to automate repetitive tasks without re-engineering processes.
"The future of work in finance isn't about replacing humans with generic AI, it's about amplifying expertise with intelligence that truly understands finance," said Afrozy Ara, CEO of LuminaData. "FinEdge LLM shifts AI from processing text to comprehending the logic of financial operations."
Early adopters highlight transformative efficiency: "LuminaData has changed how we reconcile and review financial data. What once took ten hours now takes under sixty minutes, with complete accuracy and transparency. It's enabling our finance team to work faster, smarter, and with greater confidence." — Mark Flournoy, Chief Accounting Officer, RealPage, Inc.
LuminaData's suite includes targeted agents to streamline critical finance functions:
Reconciliation Agent: Dynamically automates reconciliations using templates, SOPs, or natural language instructions, ensuring precision in data validation.
Lease Accounting Agent: Extracts lease data for ASC 842 and IFRS 16 compliance, generating amortization schedules and reports to simplify regulatory adherence.
Parcel Audit Agent: Reconciles multi-carrier billing from UPS, FedEx, USPS, DHL, and others, identifying overcharges, duplicates, and fees to recover thousands monthly.
"We implemented LuminaData to solve a super challenging multi-carrier invoice reconciliation problem, and within a week, this problem we struggled with for eight years was completely solved. It's fast, transparent, and honestly, it's the future of finance." — Greg Moser, Chief Executive Officer, ShipCalm.
FinEdge LLM integrates natively with Excel, adapts to client SOPs, and delivers ROI within weeks, with complete audit trails for every decision. This eliminates migration hassles, supports SOX compliance, and fosters trust in AI-driven finance operations.
"Finance teams need AI they can trust with their most critical processes," said Afrozy Ara, Co-Founder & CEO of LuminaData. "They need intelligence that thinks like they do—eliminating repetitive manual work such as reconciliations, reporting, and data validation. FinEdge LLM executes accounting, compliance, and audit-ready documentation with 99.8% accuracy."
"Our technology is built for finance, not generic use cases," said Deepti Chafekar, Co-Founder & CTO of LuminaData. "FinEdge LLM was trained on the language of accounting and compliance, which makes our agents explainable, reliable, and audit-ready in ways that general-purpose AI simply isn't."
LuminaData's AI Agent suite marks a leap in finance automation, blending human expertise with specialized intelligence to drive efficiency, cost recovery, and compliance. Available now, it positions finance teams for a faster, more confident future.
LuminaData is building AI coworkers for finance teams, powered by FinEdge LLM—a finance-trained large language model. The company's AI agents automate manual, spreadsheet-heavy workflows such as reconciliations, lease accounting, and parcel billing audits, helping firms close faster, recover costs, and uncover new savings. Backed by Techstars, LuminaData is shaping the future of AI in enterprise finance.
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