Xact

What Xact does

Xact is a US-headquartered accounting outsourcing firm founded in 2005 and based in Mill Valley, California, that delivers white-label bookkeeping, tax preparation, audit support, back-office accounting, and business management services to three customer segments: CPA firms, sole practitioners, and enterprises. The firm serves more than 400 clients across 20+ industries, with a delivery model that combines US-based client-facing operations with India-based execution through its parent company, Precistat IT Solutions Pvt. Ltd.

The company's technology stack is anchored by the proprietary Xact AI platform, which supports process automation, anomaly detection, predictive analytics, and knowledge retrieval across accounting workflows. Xact integrates its services with major accounting and collaboration platforms — QuickBooks, Sage, NetSuite, CCH, Gusto, Slack, Teams, and Zoom — allowing it to embed into existing client environments without requiring platform migration. The firm holds ISO 27001 certification through its parent, providing an enterprise-grade security and data-handling posture that supports compliance-sensitive outsourcing engagements.

Xact operates a quote-based pricing model with multi-year recurring contracts. Its go-to-market targets three structurally distinct segments — CPA firms seeking white-label back-office capacity, sole practitioners needing scale support, and enterprises requiring dedicated accounting and back-office teams — giving it a diversified demand profile. The company is bootstrapped with no external funding, employs between 101 and 250 people, and is led by founder-CEO Ramana Bodepudi, who brings prior experience from two entrepreneurial exits.

Name

Xact

Legal name

XACT Inc.

Website

https://xact.inc

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

101–250 employees

Short description

Xact is a US-headquartered accounting outsourcing firm providing white-label bookkeeping, tax, audit, and AI-powered automation services to CPA firms, sole practitioners, and enterprises. Delivery leverages India-based operations through parent Precistat IT Solutions.

Ownership category

akta.pro rank

Product category

Accounting Outsourcing Services

NAICS

Offices of Certified Public Accountants (541211), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

OCR, ICR & Intelligent Document Processing (IDP) (BPAAAKAB)

akta.pro secondary industries

Intelligent Document Processing (IDP) & OCR Automation (HDAEAHAC), AI Integration & Orchestration Platforms (Connectors, Workflow, iPaaS for AI) (HDAEANAI), Data Engineering, Integration & ETL/ELT Services (BPAEAHAB)

Keywords

• Outsourced accounting services
• Tax preparation services
• Audit support services
• Bookkeeping outsourcing
• White-label CPA services

Headquarters

HQ city

Mill Valley

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Outsourced Accounting & Bookkeeping Services: Ongoing accounting, bookkeeping, financial statement preparation, and payroll management services delivered remotely as a white-label or embedded team extension for CPA firms, sole practitioners, and enterprises. Revenue is generated through recurring service contracts, typically billed on a per-account or fixed-fee basis depending on scope and volume.
2. Tax Preparation and Compliance Services: Tax return preparation (individual 1040, business 1120/1120S/1065, nonprofit 990), quarterly estimated tax filings, IRS/state notice handling, audit support, and year-round strategic tax planning. Delivered as standalone or bundled service.
3. Audit Support and Assurance Services: White-label audit support including financial statement audits, operational audits, fraud detection, risk management, employee benefit plan audits, construction audits, nonprofit audits, review engagements, compilations, and internal controls evaluation.
4. Internal Back-Office and Virtual Assistance: Virtual assistance, project management, and administrative support for CPA firms including inbox management, document preparation, workflow completion, calendar coordination, data entry, and file organization.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Xact delivers white-label outsourced accounting, tax preparation, audit support, and bookkeeping services to CPA firms, sole practitioners, and enterprises, operating as an embedded extension of client teams under the client's branding. The firm supplements these services with Xact AI, an AI-powered automation platform that handles data entry, reconciliations, AP/AR workflows, and document processing integrated with QuickBooks, Sage, NetSuite, and CCH. Services are delivered remotely across global time zones using Slack, Teams, and Zoom for real-time collaboration.

Product overview

Xact is an accounting outsourcing company offering a integrated suite of services combining traditional accounting, tax, and audit offerings with the XACT AI automation platform. The core service portfolio includes outsourced accounting, tax preparation and planning, and audit support delivered as white-label solutions for CPA firms, enterprises, and sole practitioners. XACT AI serves as the proprietary automation layer that integrates with client tools (QuickBooks, CCH, Sage, NetSuite) to automate routine tasks like data entry, reconciliations, and document handling. Additional offerings include internal back-office support with virtual assistance, project management, and admin support. Services are delivered remotely with real-time communication via Slack, Microsoft Teams, and Zoom.

Differentiator

Problem solved

Functional benefit

Products and services

• Accounting Outsourcing Services
• Tax Services
• Audit Support Services
• Xact AI
• Internal Back-Office Support
• Remote/Virtual Accounting Services

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability8 records

Feature5 records

Partnerships

One partnership is on record.

• Precistat IT Solutions Pvt. Ltd.coreOthersPrecistat IT Solutions Pvt. Ltd. is the parent company of Xact. It provides ISO 27001-certified information security infrastructure and data protection practices that Xact leverages for secure, confidentiality-focused operations serving CPA firms and enterprise clients.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• 1-800Accountant: 1-800Accountant provides accounting, tax, and bookkeeping services to US small businesses and entrepreneurs. It is comparable to Xact because both target SMBs with bundled bookkeeping, tax, and advisory services delivered as recurring engagements.
• BooksTime: BooksTime provides cloud-based bookkeeping and accounting services to US small businesses, CPA firms, and enterprises. It is comparable to Xact because both offer outsourced bookkeeping on cloud platforms (QuickBooks, Xero) to similar SMB and CPA-firm clients.
• Bookkeeper360: Bookkeeper360 offers outsourced bookkeeping, accounting, tax, and CFO advisory services built around Xero and other cloud platforms. It is comparable to Xact because both provide bundled outsourced back-office finance services to SMBs and CPA firms, with cloud-based delivery.
• FinOptimal: FinOptimal provides outsourced bookkeeping, controller services, and accounting automation for small and mid-sized US businesses. It is comparable to Xact because both sell white-label-style outsourced accounting services with automation as a value-add.
• Whiz Consulting: Whiz Consulting is an India-based accounting and bookkeeping outsourcing firm serving US CPAs, small businesses, and enterprises. It is comparable to Xact because both compete for white-label outsourced accounting work from US CPA firms and SMBs using offshore delivery.
• Botkeeper: Botkeeper offers AI-powered bookkeeping combined with human accountants for SMBs and accounting firms. It is comparable to Xact because both pair automation (akin to Xact AI) with human accountants to deliver outsourced bookkeeping and integrate with major accounting platforms.
• Pilot: Pilot provides bookkeeping, accounting, and CFO services to startups and SMBs in the US. It is comparable to Xact because both sell outsourced bookkeeping/accounting services as their core offering, with a similar target buyer (founders, finance leaders at small and mid-sized US businesses).
• AccountingDepartment.com: AccountingDepartment.com provides outsourced bookkeeping, controller, and CFO services to growing businesses in the US. It is comparable to Xact because both deliver remote accounting teams to SMBs and mid-market companies as a managed service offering.
• Ignito Global: Ignito Global is an India-based accounting and bookkeeping outsourcing firm serving US CPA firms and businesses. It is comparable to Xact because both deliver offshore accounting/back-office services to US CPA firms using a similar delivery model.

Broad incumbents

• Intuit QuickBooks Live: Intuit QuickBooks Live is Intuit's bundled bookkeeping service that pairs human bookkeepers with the QuickBooks platform for US small businesses. It is comparable to Xact as a broader-incumbent offering of the same core outsourced bookkeeping service, but distributed through Intuit's massive SMB software footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Xact.inc
• LinkedInlinkedin.com/company/xactinc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xact