Buyers, brokers and marketplaces
Who buys accounting data? The organisations that ask for books
Updated
Some organisations license a company's records directly and pay for them, others list them for AI labs to buy, and one helps startups that are closing sell their workspace data.
Direct licensors
Polyshares says it is the buyer and pays the company itself, and micro1 lists finance and accounting processes, reconciliations and reporting workflows among the data it licenses.
Source: Organisations that take company books
Listings and agents
Troveo licenses a company's data on its behalf, License Your Data runs the deal and pays by wire, and SimpleClosure's AssetHub puts a shutting company's operational data in front of vetted buyers, AI labs among them.
Source: Organisations that take company books
Three ways a deal happens
A trading company licenses its books and keeps them. A closing company's books are sold by its directors only while nobody has been appointed and no winding-up petition is before the court; once a liquidator or administrator is appointed, that office-holder sells them, as a trustee does in a US bankruptcy, a sale made after a court petition is void if the company is then wound up, unless the court validates it, and once the company is dissolved nobody at it can sell. Or an accountant or adviser introduces the company for a share of our fee. Say which in the enquiry form.