Accounting stories
The new tools give life sciences finance teams clearer trial spending forecasts and scenario planning after a USD $24 million Series A round.
Australian consumers unsure about sharing bank data now have a plain-language guide as PocketSmith expands its use of consented open banking feeds.
Finance teams are losing 12.9 hours a week to checking AI outputs, as most leaders reject systems that cannot explain themselves.
US audit firms are now scrutinising AI outputs more closely as adoption spreads and concerns over judgment and compliance persist.
Auditors will spend less time on routine checks as EY embeds multi-agent AI into its global Assurance workflows through Canvas.
Finance teams could cut manual close work as Trintech embeds AI guidance, risk checks and auto-matching into existing workflows.
The new platform targets regulated firms seeking auditable AI processes, after Felix raised USD $1.7 million to expand beyond legal work.
The appointment underlines Vistra’s push to unify services as clients demand quicker, more secure access to compliance data across markets.
The move adds decades of finance and operational expertise to Cisco's oversight as investors scrutinise spending, margins and AI-related strategy.
Routine bookkeeping is becoming faster but riskier, as firms weigh oversight, data security and how many junior hours AI agents can replace.
Firms are struggling to prepare accountants for AI, with just 28% saying they are ready to reskill staff as workflows change.
The acquisition strengthens Multiplier’s push into professional services as AI and rising client demands reshape the startup advisory market.
Companies are finding that AI boosts performance only when it removes repetitive work, with human judgement still needed to prevent errors and burnout.
Month-end reporting could move faster for finance teams as a new assistant takes on routine close tasks while humans keep final sign-off.
Ghost assets can distort reporting and compliance, with SoloTruth's new platform aiming to keep fixed-asset records aligned with reality.
More than half of small business leaders report higher productivity after adopting AI, with spending linked to savings of up to 10 hours a week.
UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.
AI is becoming more visible in Australian recruitment, but government hiring still lags and overall job patterns remain largely unchanged.
Stronger operating cash flow and a firmer balance sheet helped Hewlett-Packard New Zealand lift annual profit to NZD $5.1 million in FY2025.
Demand from larger businesses has lifted Ramp’s enterprise customer base 133% in 2025, as Visa adopts its software too.
