Companies around the world spent about $60 billion on ERP software in 2024 , the systems that run a business's accounts, purchasing and reporting, a figure forecast to nearly double to $119 billion by 2030 as cloud products, which already take 65% of revenue, replace older systems. Counting the implementation and maintenance work that comes with them, investors frame ERP as a half-trillion-dollar market .

The core job of finance has barely sped up through all that spending. The average finance team still needs 6.2 business days to close its books every month, US accounting degrees have fallen about 30% from their peak and the share of finance functions using AI stalled at 59% in 2025 after jumping from 37% two years earlier.

Rillet , an AI-native ERP valued at $1 billion after a $100 million Series C in August 2026, is now taking its product to the UK.…