Counteo is a web platform for Swiss fiduciary and accounting firms, developed by Counteo SA in Geneva. It bundles tools for the daily work of a firm and its clients: automated bank reconciliation that reads CAMT.053 files and PDF bank statements and passes the entries to the accounting software, a two-way document exchange with an optional white-label mobile app for clients, task management, financial dashboards and a secure message channel. AI features read, classify and label documents and transactions. According to the vendor, Counteo does not replace the accounting software but integrates with it.
Counteo SA has its seat in Geneva, Switzerland, an EFTA country with an EU adequacy decision, and no parent company is named. The vendor does not state where the platform is hosted, and its website publishes neither a privacy statement nor a list of sub-processors. Because the platform handles clients' accounting documents, partly with automated AI processing, a European organisation should ask about the hosting location, the sub-processors and any external AI services before adopting it.