Bookkeeping stories
Small businesses and accountants can now automate month-end close and approvals without coding, as early access opens to XeroForce.
The tool could cut repetitive finance admin for accountants and small businesses, while keeping every automated step logged for compliance.
Small businesses can now query live Xero data in Claude as the accounting group widens its AI push to 4.5 million subscribers.
Small businesses can now ask Claude for live cash and invoice data from Xero without leaving their accounting records.
Many firms still lack AI training, even as 85% of accountants say they are excited about it, prompting a new peer forum from Karbon.
Australia’s smallest employers face heavier payroll compliance as PaySauce targets 694,000 micro-businesses with new hires and AUD $4 million backing.
The new platform aims to cut routine bookkeeping for small firms by automating payments, reconciliation and tax prep while keeping users in control.
Routine bookkeeping is becoming faster but riskier, as firms weigh oversight, data security and how many junior hours AI agents can replace.
The acquisition strengthens Multiplier’s push into professional services as AI and rising client demands reshape the startup advisory market.
The new feature gives accounting firms visibility into workloads as talent shortages and rising client demand make staffing harder to scale.
Small businesses could get real-time cash-flow and invoice insights as Xero embeds Claude into its accounting tools and planning workflows.
Accountants cannot yet use Claude to pull invoices or amend records, as Xero's new link is limited to read-only financial summaries.
More than a quarter of owners fear the economy will worsen their strain as tax time and compliance pressures erode productivity and sleep.
Tight margins and labour shortages are pushing cafés, restaurants and bars to automate receipts and invoices, cutting hours of admin work.
The UK firm said automated payment chases have also improved cash collection as more smaller businesses outsource day-to-day finance work.
More than half a million UK sole traders risk missing the first Making Tax Digital deadline, with just 30% saying they understand the rules.
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.
A tougher fee regime is pushing the payments firm to offer SMEs more services, from POS and broadband to bookkeeping, beyond EFTPOS.
Thousands of smaller firms should gain easier access to loan comparisons, payment tools and cashflow apps as banks widen data sharing by 2027.
