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Product Updates Nov 5, 2025 4 min read
Introducing AI-Powered Transaction Categorization
We're excited to announce our new AI categorization feature that automatically sorts your transactions with 95% accuracy.
We've rebuilt our categorization engine from the ground up using advanced LLMs.
How it works
Instead of simple keyword matching, TaxWatch now understands context. It knows that "Shell" is a gas station (Auto expense) but "Shell Tech" might be a client.
Results
In beta testing, users spent 80% less time manually recategorizing transactions. The system learns from your corrections, getting smarter every day.