Vic.ai: The Smart Way to Handle Accounts Payable

Vic.ai

Accounting tech keeps changing, and Vic.ai is shaking things up for accounts payable (AP) work. Created by xAI, started by Elon Musk, this AI-powered tool does more than basic automation. It handles invoices, pays bills, and gives real-time money insights all on its own.

Unlike old-school tools that stick to set templates, Vic.ai uses smart, custom algorithms—trained on over a billion invoices—to grab invoice details and put them in the right ledger spots with 99% accuracy.

This cuts out boring manual work, speeds up processing by up to 80%, and lets finance teams focus on bigger goals instead of small tasks. From tiny startups to huge companies, businesses are using Vic.ai to make things smoother, cut mistakes, and save money.

Vic.ai costs more than most accounting software, and there’s no single price for everyone. The price depends on how much AP work your company does and how many invoices you handle. Even for a smaller business, you’re looking at over $1,500 a month to start.

But it’s worth it for what you get—it connects easily with systems like NetSuite, Sage, and QuickBooks for smooth workflows. Plus, it gives you clear dashboards to see spending and performance right away, helping bosses make smart choices.

Early users say they’re grabbing more early payment discounts, getting along better with vendors, and seeing returns fast. As of March 30, 2025, Vic.ai is changing accounting big time, showing AP can make money instead of just costing it.

DCD Bookkeeping: Smarter Bookkeeping

At DCD Bookkeeping, we’re not just keeping up with the latest in accounting—we’re using AI-powered tools within QuickBooks to make bookkeeping more efficient and accurate.

From AI-driven transaction categorization to automated financial reports, we leverage the best that QuickBooks has to offer to keep your books clean, avoid tax stress, and free up your time for what really matters—growing your business.

If you need monthly bookkeeping, consulting, or a full cleanup, we’ve got you covered.

Check out their website: www.dcdbookkeeping.com

Book a consultation: https://calendly.com/kyled-dcdbookkeeping/consultation

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Quick Bite

In 1988, an AI system called "TaxMan" was already prepping tax returns and outsmarting human accountants, cutting processing time by 30%—proof this tech’s been flexing on spreadsheets longer than most of us have been alive.

Even though AI’s come a long way since 1988, us accounting nerds aren’t handing over our jobs just yet

Modern AI accounting tools are still wrong 1 out of 10 times. Usually because of messy data or misreading weird transactions. Like, if a vendor invoice has a typo or a one-off payment doesn’t fit the usual pattern, AI might flag it wrong or miss it entirely. It’s smart, but not flawless

YouTube Video of the Week

Lower talent, bigger workloads - AI is no longer optional in the accounting industry.

Lack of interest in the industry has led to a steep decline in graduates with accounting degrees and people willing to learn and grow in it.

To be frank, we need AI in this space more than ever to lessen our workloads and automate a lot of the boring bullshit none of us want to be doing in the first place.

This clip from one of my favorite podcasts to listen to while reconciling accounts at work, Blood, Sweat & Balance Sheets, quickly talks about how human oversight is still going to be a necessary need in accounting, but also explains why AI is crucial for our industry.

Crypto Corner - Opportunity of a Lifetime

I think a lot of people are missing what’s really going on in the world right now. President Trump is handing us a once-in-a-lifetime shot, and most are too scared to notice. People have lost interest in crypto and stocks again, glued to the news freaking out instead of seeing a 20% drop in these assets as the perfect time to jump in.

In my opinion, Trump is crashing the markets with tariffs on purpose for two reasons. One, he’s pushing money into Treasuries to force the Fed to cut interest rates, giving middle-class families a chance to buy homes or refinance, and maybe even tackle trillions in national debt. Two, he’s letting regular investors like us snag these assets at dirt-cheap prices before his policies send them to the moon.

I always look back and kick myself for not buying Bitcoin in 2011 when I first heard about it. But the second-best time is right now.

With this administration and where this industry’s going—especially with Trump talking about a crypto reserve—I bet a ton of people will look back on 2025 and wish they’d grabbed Bitcoin at $82,000, XRP at $2.10, and ETH at $2,000. Those prices might sound big now, but they could be nothing compared to what’s coming

P.S this is not financial advice, but if you do decide to invest in cryptocurrency, protect your funds by using a secure cold storage wallet like Trezor or Ledger instead of leaving them on exchanges. Get them here Trezor | Ledger