AmEx and Perplexity Launch AI CFO for Small Businesses
American Express and Perplexity have launched AI CFO tools for U.S. small businesses, featuring about 10 Skills within Perplexity Computer that turn Amex Small Business Card data into cash-flow forecasts, reconciliation, and tax-season preparation. The AI CFO can forecast cash but cannot make payments, a deliberate limitation as AmEx retains payment authority to capture the value of AI CFOs for SMEs. The article also discusses Stripe's acquisition of Parafin, a lender behind platforms like DoorDash, Gusto, Amazon and Walmart Marketplace, and compares the AmEx/Perplexity offering with Anthropic's Claude for Small Business and Meta's Muse.
- •American Express and Perplexity launched AI CFO tools for U.S. small businesses.
- •The AI CFO includes about 10 Skills within Perplexity Computer.
- •The AI CFO can forecast cash but cannot make payments.
