en.Wedoany.com Reported - U.S. artificial intelligence financial operations platform company Adaptive officially launched its Project Accounting Agents product in New York City on June 3, 2026. This is a set of AI agent systems designed for the construction industry, aimed at automating daily project accounting tasks such as reconciliation, on-site data collection, and change order tracking, providing CFOs with real-time financial visibility into each construction project.
Adaptive is an AI-native accounting platform headquartered in New York, USA, founded around 2020, focusing on providing automated financial solutions for the construction industry. The company's products leverage artificial intelligence to automate core workflows such as job cost accounting, WIP reporting, billing, and financial controls. In 2026, it won the Best Business Solution Software award at the International Builders' Show (IBS) hosted by the National Association of Home Builders (NAHB). In March of that year, the company was selected for the 2026 Startup Accelerator program jointly organized by the American Institute of CPAs (AICPA) and CPA.com, receiving industry recognition for its QuickBooks integration for small businesses and multi-project financial tracking capabilities. According to the company, as of early 2026, Adaptive has served over 1,000 construction firms, raised a total of $26 million in funding, and has more than 40 accounting firm partners.
Project Accounting Agents consist of seven specialized AI roles that respectively assume different functions within a project finance team, including: Work-in-Progress & Forecast Analyst, which updates cost and revenue changes in real time to provide the CFO with an accurate gross margin view; Field Coordinator, which collects labor hours and project progress data from site supervisors via phone calls and automatically transfers them into the financial system; Accounts Payable Clerk, which reads and codes incoming invoices, matching them to corresponding jobs and cost codes; Change Order Specialist, which drafts documents for each change event and follows up with suppliers and owners for signature confirmation; Billing Clerk, which assembles payment application documents based on job cost data; Bank & Credit Card Reconciliation Clerk, which continuously codes transactions and matches receipts; and Lien Waiver & Insurance Tracker, which collects and verifies compliance documents for each supplier on every job. The system integrates with existing project management and enterprise resource planning systems used by construction firms, and customers can hire the full suite of roles or purchase individual agents for specific workflows.
Matt Calvano, co-founder and CEO of Adaptive, stated that the biggest challenge faced by construction finance teams is the inability to obtain real-time information about on-site dynamics. The launch of Project Accounting Agents marks the first time AI has been used to automatically bridge the accounting delays caused by manual operations between the construction site and the back office, operating around the clock. This product release signifies a new phase in the transformation of construction financial management from traditional paper-based reconciliation and data collection to AI-driven financial execution.
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