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Former Microsoft Execs Launch AI Agents To Replace Excel Finance

Former Microsoft execs launch AI agents to end Excel-led finance and streamline accounting with real-time automation.

Matilda

Former Microsoft Execs Launch AI Agents To Replace Excel Finance

Despite millions spent on financial software, most finance teams still depend on Excel for closing books, reconciling numbers, and preparing audits. Now, two former Microsoft executives want to change that. They’ve launched Maximor , a startup built to replace Excel with AI-driven finance agents that automate tedious, error-prone workflows. Image Credits:Maximor Why Finance Still Relies On Excel Excel spreadsheets remain deeply entrenched in finance departments. Even with powerful ERP, CRM, and billing systems, mid-sized companies and enterprises often fall back on spreadsheets. Teams manually export transactions, reconcile entries, and rely on functions like VLOOKUP to align numbers across multiple files. This reliance slows operations and increases the risk of errors. The Launch Of Maximor With the mission to transform finance, former Microsoft execs launch AI agents to end Excel-led finance through Maximor. The startup just came out of stealth with a $9 million seed round led by Foundati…

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