APEX-Accounting

We introduce APEX-Accounting, a benchmark built by Mercor in partnership with Ramp, to assess whether frontier models can do the real work of accountants. Tasks include reconciling accounts, accruing expenses, posting transactions, and producing reports. The private eval set comprises 160 tasks, split across 10 worlds. Each world contains an accounting system, as well as spreadsheets, PDFs, and other files. Every task was authored and solved by experts in accounting and bookkeeping, who also wrote grading rubrics. Across nine frontier models, Claude-Fable-5 (Max) leads with 56.4% Mean Criteria@3, ahead of Muse-Spark-1.1 (xHigh) at 52.6%. No model scores more than 2.6% Pass^8 (GPT-5.6-Sol (Max+Pro)) and the highest Pass@8 is 21.5% (Muse-Spark-1.1 (xHigh)). We experiment with increasing the token budget from $1 to $50 and observe an instance of Simpson's paradox: scores increase as the token budget increases but within a given budget-constrained harness, scores are lower on tasks where the model spends more tokens. As APEX-Accounting is a closed benchmark, leaderboard evals can be run for any frontier model on request.

APEX-Agents

We introduce the AI Productivity Index for Agents (APEX-Agents), a benchmark for assessing whether AI agents can execute long-horizon, cross-application tasks created by investment banking analysts, management consultants, and corporate lawyers. APEX-Agents requires agents to navigate realistic work environments with files and tools. We test eight agents for the leaderboard using Pass@1. Gemini 3 Flash (Thinking=High) achieves the highest score of 24.0%, followed by GPT-5.2 (Thinking=High), Claude Opus 4.5 (Thinking=High), and Gemini 3 Pro (Thinking=High). We open source the APEX-Agents benchmark (n=480) with all prompts, rubrics, gold outputs, files, and metadata. We also open-source Archipelago, our infrastructure for agent execution and evaluation.

APEX-SWE

We introduce the AI Productivity Index for Software Engineering (APEX-SWE), a benchmark for assessing whether frontier AI models can execute economically valuable software engineering work. Unlike existing evaluations that focus on narrow, well-defined tasks, APEX-SWE assesses two novel task types that reflect real-world software engineering work: (1) Integration tasks (n=100), which require constructing end-to-end systems across heterogeneous cloud primitives, business applications, and infrastructure-as-code services, and (2) Observability tasks (n=100), which require debugging production failures using telemetry signals such as logs and dashboards, as well as unstructured context. We evaluated eight frontier models on APEX-SWE. Gemini 3 Pro (Thinking = High) performs best, with a Pass@1 score of 25\%. Our analysis shows that strong performance is primarily driven by epistemic reasoning, defined as the ability to distinguish between assumptions and verified facts, combined with agency to resolve uncertainty prior to acting. We open-source the APEX-SWE evaluation harness and a dev set (n=50).