Daniil Kirikov : Giving Founders Their Time Back

Why does Luxembourg accounting need a revolution?

Because it’s stuck in the past. Luxembourg is one of Europe’s most business-friendly countries, yet its accounting industry still runs on outdated software, paper files, and endless email chains. Founders send documents into a black box and wait weeks for answers. Pricing is opaque. Deadlines get missed. Here’s my core belief: bureaucracy, while necessary, creates zero value. Value comes from innovation, product, and sales. Every hour an entrepreneur spends chasing an accountant or sorting receipts is an hour stolen from building their business. To be clear: the revolution isn’t about replacing accountants. It’s about freeing them from manual routine so their expertise goes where it truly matters: compliance, validation, advice. The technology already exists: open banking, automation, AI. The industry simply hasn’t adopted it. That gap between what’s possible and what’s offered is why Luxembourg accounting needs a revolution.

“Technology does the heavy lifting; humans guarantee it’s correct and compliant.

How does EasyBiz change daily life for entrepreneurs?

Simple: we give founders their time back. EasyBiz connects directly to your bank account, so transactions import and categorize themselves. You upload an invoice, the system reads it, sender, amount, VAT, and links it to the right transaction. No manual data entry, no shoebox of receipts. But here’s the crucial part: automation prepares, qualified accountants validate. Behind the platform, our experts review every filing before it goes out: VAT declarations, annual accounts, payroll. “Technology does the heavy lifting; humans guarantee it’s correct and compliant.” The platform tracks every deadline and reminds you before anything is due. You see your real financial picture anytime: cash flow, profit, taxes owed. And when you have a question, you message a real accountant in chat, not a bot, and get an answer fast. Founders tell us the same thing: accounting stopped being a source of stress.

How will AI reshape accounting in the next five years?

Routine work will disappear: data entry, categorization, reconciliation, draft VAT returns. Within five years, AI will handle all of it in real time. We’re already automating much of it at EasyBiz today. But one thing won’t change: a qualified accountant validates and signs off. AI prepares; a human professional verifies, carries responsibility, and answers to the regulator. Accounting is a regulated profession for a good reason: trust. Any serious player in this market understands that AI without professional oversight is a liability, not a product. So the real shift is in where accountants spend their time: less typing, more judgment, tax planning, structuring, strategic advice. AI also moves accounting from record-keeping to real-time guidance: “VAT is due in ten days, here’s your cash position.” For entrepreneurs, the result is simple: accounting becomes invisible, accurate, on time, verified by professionals, never in your way.