AI accounting and bookkeeping for biotech, pharma and medtech companies

Biotech accounting.
Runway you can trust.

Biotech and medtech companies spend years on research before revenue. Zeni's AI Accountant tracks R&D spend, research contracts and lab equipment, and our finance team closes your books every month.
Monthly close by your Zeni team Β· Every AI call explained
A biotech scientist working at a lab bench in a bright laboratory
Built by an accounting firm

Battle-tested on 1,000+ companies' books.

Zeni is an accounting firm too. More than 250 of our own accountants, bookkeepers and controllers use this platform every day to close the books for 1,000+ customers, with more than $20 billion in finances processed.ΒΉ

250+
accountants, bookkeepers and controllers on Zeni's team use the platform daily
1,000+
companies whose books close on Zeni every month
$20B+
in finances processed on the platform
2x
revenue for Zeni's own firm without adding headcount costs
We set it up. We run the AI agents.

Zeni connects your banks, cards and payroll, and our team manages the AI agents and reviews the work. With other AI accounting tools, keeping the agents working is your job.

βœ“ Set up by Zeni
βœ“ AI agents managed by our team
βœ“ Works out of the box
Grid icon representing multiple client companies

R&D by program

Tag spend to a program or study as a project, then see OPEX and net burn for each one.

Activity icon representing drafted close work

Research services, accrued

Work from labs and research partners billed after the fact is recorded through accrual schedules you approve.

Eye icon representing review and approval

Lab equipment, scheduled

Equipment above your capitalization threshold becomes a fixed-asset schedule for your sign-off.

Trending-up icon representing client advisory

Runway for the board

Net burn and runway from closed books, plus a 13-week cash forecast from the AI CFO.

Your life sciences finance team's new teammates

An AI Accountant for the books.
An AI CFO for the answers.

The AI Accountant tracks every research dollar. The AI CFO tells you how long the runway is.

AI Accountant

Codes lab supplies, research services and contractor invoices with its reasoning attached, proposes prepaid, accrual and fixed-asset schedules, and reconciles bank and card accounts.

AI CFO

Answers questions on burn, runway and R&D spend by program from your live books, and builds a 13-week cash forecast for board meetings.Β²

Your month with Zeni

Connect your accounts. Get closed books.

Zeni's AI and finance team handle the work in between. You run the science.

1
Setup

Connect your accounts

Banks, cards and payroll. Your Zeni team handles the setup with you.

2
Every day

R&D tracked by program

The AI Accountant codes lab and research spend and tags it to each program.

3
Month-end

Zeni closes the books

Zeni's finance team reviews the AI's work and closes the month.

4
Before the board meeting

Runway you can trust

Ask the AI CFO for burn, runway and program spend from closed books.

October close84%
Transactions coded100%
Accruals signed off88%
Receipts matched92%
Flux review60%
Drafted by the AI Accountant
Zeni transaction card showing a category assigned by AI
Biotech accounting

What is biotech accounting?

Biotech accounting is bookkeeping and financial reporting for life sciences companies developing drugs, diagnostics and medical devices. It usually means tracking R&D spend by program, accruing research and clinical services billed after the work is done, capitalizing lab equipment, and reporting burn and runway to investors through long development timelines.

Numbers you can defend

Every entry comes with its reasoning.

Each AI suggestion arrives with its reasoning and confidence. Accrual and fixed-asset schedules wait for your approval, nothing reverses unless someone approves it, and nothing changes in a closed period.

Built for review
"Show reason" on every AI categorization
Change history on every transaction
Journal entry schedules wait for approval
Created entries can be reverted
Submitters can never approve their own work
A biotech CEO and her finance lead reviewing a board deck togetherAI CFO Β· answers from live books
Advisory

Runway answers before the board asks.

Zeni's AI CFO answers questions on burn, runway and R&D spend by program from your live books, shows how every number was calculated, and builds a 13-week cash forecast.Β²

From spreadsheets to real-time books

One finance workspace for a research-stage company.

Program spend rebuilt for every board deck
β†’
OPEX and net burn by program
Research invoices booked months late
β†’
Accruals proposed for approval
Lab equipment in a spreadsheet
β†’
Fixed-asset schedules for sign-off
Runway math in a spreadsheet
β†’
Runway from closed books

Zeni connects to your banks, cards and payroll. The AI Accountant keeps the books current, your Zeni team closes each month, and the AI CFO answers from those same books.

Meet the AI Accountant β†’
Inside the close

Your month-end close, in one workspace.

Zeni Transactions screen with AI-suggested categories pending reviewThought process on every AI call
TRANSACTIONS

Coded, with the reasoning attached.

Every lab supply order, research invoice and contractor bill gets a category, class and vendor, plus the reasoning behind it.

Explore transactions β†’
Zeni Journal Entries screen with AI-created schedules pending reviewPrepaid schedule drafted, waiting on your approval
JE SCHEDULES

Accruals waiting for sign-off.

Research services billed after the work, lab equipment and annual contracts get accrual, fixed-asset and prepaid schedules that post only after approval.

Explore month-end close β†’
Zeni Receipts screen listing transactions missing receiptsReceipt matched to its charge, on the record
RECEIPTS

Receipts matched.

Missing receipts are flagged and matched automatically when they're forwarded or uploaded.

Explore receipts β†’
Zeni Flux Analysis screen comparing October and September spend by vendorAI CFO explains the spike: up 167% from September
FLUX ANALYSIS

Flux before you ask.

Month-over-month variances by vendor, category and class, with an AI summary of what changed.

Explore month-end close β†’
Zeni Reconciliation screen for a company bank accountFound 3 statement transactions missing from the books
RECONCILIATIONS

Reconciled to the statement.

Bank and card accounts are reconciled to statements, with missing transactions flagged and entries suggested.

Explore reconciliation β†’
Zeni Task Checklist with close tasks, owners and due datesEvery close task has an owner, a due date and time tracked
TASK CHECKLIST

Close tasks with owners.

Assign owners, priorities and due dates to every close task, so you see who owns what while the month is open.

Explore month-end close β†’
Beyond the close

Run more of your finance work in one place.

Invoice icon

Class and project reporting

Report by project, including OPEX, net burn, balance sheet and cash flow by program.

Checklist icon

Fractional CFO support

Add fractional CFO support for budgets, board decks and fundraising when you need it.

Explore fractional CFO β†’
Comment icon

Commenting

Comment on any transaction, @mention a teammate and keep the answer on the record.

Explore commenting β†’
Questions you'll ask

What biotech founders ask. What the AI CFO answers.

Every month
"What's our runway at current burn?"
"What did we spend on lab supplies by month?"
Before the board meeting
"How much research spend did we accrue this quarter?"
"Summarize spend on the lead program."
Planning
"Build a 13-week cash forecast."
"Model runway if the study starts a quarter later."
Who it's for

Built for research-stage companies.

A biotech research team talking together in a modern labYour team, plus an AI Accountant and AI CFO

Biotech and medtech founders and CEOs

Founders of venture-backed companies who need investor-ready numbers through long development timelines.

  • Burn and runway any day of the month
  • R&D spend by program
  • Board packs from closed books

Finance leads and controllers

Finance leads preparing board packs who want the transactional work done first.

  • Accrual and fixed-asset schedules for sign-off
  • Close tasks with owners and due dates
  • Flux and reconciliations drafted for review
Built for biotech and medtech

Fund the science. Keep the books right.

See the AI Accountant and AI CFO on a biotech company's books.

Review by design
Reviewed by Zeni's finance team
Reasoning on every AI call
Approvals before anything posts
Separation of duties
SOC 2 certified
FAQ

Biotech accounting and AI bookkeeping FAQs.

What is biotech accounting?+
Bookkeeping and reporting for life sciences companies: R&D spend by program, research accruals, lab equipment, and burn and runway through long development timelines.
How does AI bookkeeping work for a biotech company?+
Zeni's AI Accountant codes lab supplies, research services and contractor invoices with its reasoning shown, proposes schedules for your approval and reconciles your accounts. Your Zeni team closes the books each month.
How does Zeni handle research services billed after the work?+
The AI Accountant proposes accrual schedules for your approval, and nothing reverses unless someone approves it.
Can we track R&D spend by program?+
Yes. Tag spend to a project for each program or study, and Zeni reports OPEX, net burn, balance sheet and cash flow by project.
Which ledger does Zeni use?+
QuickBooks Online. Zeni reads and writes to it as your ledger of record.
Who sets up and manages the AI agents?+
Zeni does. Our team deploys the platform, manages the AI agents and reviews the work, and you approve what needs your sign-off.
Can the AI make mistakes?+
Yes. Lower-confidence transactions go to a review queue instead of posting, your Zeni team reviews the close, and the AI CFO is in beta, so check anything important against the books.
Sources and notes
  1. Zeni internal figures, October 2026.
  2. AI CFO is in beta and can make mistakes; check anything important against the books.