Hastings: Plaid is not accurate or sufficient for full bookkeeping
Helen Hastings · #2288 She had people do AI’s work · Dec 17, 2025 · at 6:15
Helen Hastings, founder and CEO of AI accounting platform Quanta, explains why financial aggregators like Plaid fall short for complete accounting workflows.
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“So Plaid isn't a hundred percent accurate. I will say that we use a mix of Plaid and Finicity and other tools and the, but the best is when companies have APIs where the data is coming in? Well, the reason that Plaid isn't enough is that there's always small things that are missing, and there often isn't enough data to really understand what was that, that bank transaction needs to be augmented by a receipt or some sort of understanding, and we would often inherit books or see books where, yes, there was a Plaid connection, but the data was just off”
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