Question 1

How is Campfire's Accounting Intelligence different from ChatGPT?

Accepted Answer

ChatGPT and other general-purpose AI models were built to understand language — not accounting. They weren't trained on transaction data, chart-of-accounts structures, or GAAP workflows, which is why they hallucinate and typically reach only ~80% accuracy on structured accounting tasks.

Campfire's Accounting Intelligence is a proprietary ML model trained on millions of real accounting transactions. It understands vendor patterns, account hierarchies, department mappings, and period-end workflows — not just the words around them. The result: >95% accuracy on categorization, matching, and duplicate detection, with full attribution for every suggestion so you can see exactly why a decision was made.

Question 2

Will it work with my company's accounting policies?

Accepted Answer

Yes. Accounting Intelligence adapts to your specific policies, not the other way around. You can upload your accounting policy documents, and the model incorporates your materiality thresholds, account interpretations, and auditor requirements directly into its recommendations.

It also learns continuously from your own transaction history — your chart of accounts, your vendors, your coding patterns — so suggestions improve over time and stay consistent with how your team actually works.

Question 3

Can I trust AI to handle my books?

Accepted Answer

Accounting Intelligence is built around your review, not around replacing it. Every suggestion comes with full attribution: you can see exactly which rule, pattern, or policy drove each recommendation. Nothing is finalized without your approval unless you've explicitly set an auto-approval threshold for it.

The model also generates a complete audit trail for every action — so your external auditors, your CFO, and your own team can always trace what happened and why. Trust is earned incrementally. Most teams start with full manual review and expand automation as confidence builds.

Question 4

Is my accounting data secure?

Accepted Answer

Your data never leaves Campfire's infrastructure. Unlike tools that route your transactions through third-party AI APIs, Campfire runs its own model on its own servers. There's no data sharing with OpenAI, Google, or any external model provider.

Campfire is purpose-built for finance teams, which means security and data isolation aren't afterthoughts — they're foundational to how the product is architected.

Question 5

What if I want to review everything manually before it's posted?

Accepted Answer

That's fully supported — and how most teams start. You can configure Accounting Intelligence to require manual approval on every suggestion, or set granular thresholds by transaction type, amount, vendor, or account. The system surfaces recommendations; you decide what gets posted.

As your confidence in the model grows, you can expand automation selectively — auto-approving routine vendor payments, for example, while keeping manual review for intercompany transactions or anything above a materiality threshold. You're always in control of where the line is.

Question 6

Does Accounting Intelligence work with my existing accounting software or ERP?

Accepted Answer

Yes. Accounting Intelligence is built into Campfire's core platform, which connects to your existing bank feeds, billing systems, expense tools, and ERPs. Transactions flow in automatically — there's no manual import step and no separate AI tool to manage alongside your existing stack.

If you're migrating to Campfire from another general ledger or ERP, your historical transaction data comes with you and immediately starts training the model on your coding patterns. The more history you bring, the faster it learns your preferences.

For a full list of supported integrations, see campfire.ai/integrations.

Question 7

Is Accounting Intelligence only for certain company sizes or industries?

Accepted Answer

Campfire is purpose-built for mid-market and scaling technology companies — typically those processing high transaction volumes across complex billing models, multi-entity structures, or multi-currency operations. It's not a general-purpose tool for every business, and that focus is intentional: the model performs best in the environments it was trained for.

If your team is spending significant time on transaction categorization, bank reconciliation, duplicate detection, or month-end accruals — and you need those workflows to hold up under audit — Accounting Intelligence is designed for exactly that context.

The AI that learned accounting

Why we built our own model.

>95%+ Accuracy

Auditability

Security

What it handles

Bank Transaction Matching

Uncategorized Transactions

Prevents Double Accounting

Accrual Suggestions

Prepaid Amortization

How it works

Transactions come in

Accounting Intelligence categorizes

You review and approve

A teammate, not a takeover

You stay in control

Trained on accounting and actioned by you

FAQs