Two former Microsoft workers have had enough of watching companies struggle with Excel spreadsheets. They decided to do something about it by creating a company called Maximor. Their goal is simple, which is to replace all those endless Excel files that finance teams use every day with smart computer helpers that do the work automatically.
If you work in finance, you probably know the pain of dealing with Excel files all day long. Even when companies spend millions on fancy financial software, most teams still end up copying numbers into spreadsheets to make everything work together. It’s slow, boring, and takes up way too much time that could be spent on more important things.
Ramnandan Krishnamurthy and Ajay Krishna Amudan worked together at Microsoft for years. They watched big companies like Coca-Cola struggle with the same problems over and over again. Finance teams would have all these different systems for managing money, customers, and billing. But when it came time to close the books each month, everyone would be copying and pasting numbers into Excel like it was still 1995.
The two friends decided there had to be a better way. They started Maximor in 2024 and just raised 9 million dollars to build their solution. Instead of making people work with spreadsheets, they created computer agents that connect directly to all the financial systems a company uses. These agents pull all the transaction data automatically and make sense of it without any human help.
Think about how much time finance teams waste each month just trying to match numbers from different systems. Someone has to download data from the billing system, then get more data from the customer management system, then try to make it all line up in Excel. If the numbers don’t match, they have to figure out why and fix it manually. This process can take days or even weeks for bigger companies.
Maximor’s approach is completely different. Their computer agents work around the clock, constantly pulling data from all these systems. They automatically spot problems and fix them before humans even know there’s an issue. Instead of waiting until the end of the month to discover that something doesn’t add up, the agents catch problems right away.
Maximor’s system connects to popular financial software that many companies already use. It works with accounting systems like NetSuite, Intacct, and QuickBooks. It also plugs into customer management systems, payroll software, and other business tools. Once everything is connected, the agents start generating all the reports and documentation that auditors need to see.
The interesting thing is that Maximor hasn’t completely gotten rid of Excel. They know that many auditors and finance managers still prefer to see final numbers in spreadsheet format before sending them for official review. So their system can export the reconciled data into Excel when needed. The difference is that all the hard work happens automatically, and the spreadsheet just becomes a way to present the final results.
Both founders have deep experience in finance technology from their time at Microsoft. Krishnamurthy worked on digital transformation projects for huge companies, helping them modernize their financial systems. Amudan worked on rebuilding Microsoft’s own revenue systems from the ground up. Their 14-year partnership started when they were students together in India.
Their background helped them attract impressive investors. The funding round included money from finance leaders at companies like Ramp, Gusto, and MongoDB. Even executives from the Big Four accounting firms invested in the company. This shows that experienced finance professionals believe the solution can work in real business situations.
Maximor is targeting companies that make at least 50 million dollars in revenue each year. These are businesses big enough to have complex financial operations but not so large that they’ve built completely custom systems.
The timing seems perfect for this kind of solution. Companies are more open to automation than ever before, especially after seeing how remote work changed business operations. At the same time, there’s a shortage of skilled accounting professionals, making automation more attractive as a way to handle growing workloads without constantly hiring new staff.
The success of companies like Maximor could signal a broader shift in how businesses handle financial operations. As artificial intelligence becomes more capable and reliable, we’ll likely see more automation in areas that have traditionally required lots of manual work.