Accounting technology company Digits has debuted its artificial intelligence (AI)-driven autonomous general ledger (AGL). The new offering, unveiled Monday (March 10) after five years of development, is designed to automatically categorize transactions, reconcile accounts, and deliver real-time financial insights, the SoftBank-backed company said in a...
Open-source financial infrastructure provider Formance raised $21 million in a Series A funding round to grow its Ledger and other solutions that help developers build financial flows and products. The funding round was co-led by PayPal Ventures and Portage and came after a 12-month period...
To keep their organizations competitive, treasury teams need a unified source for payment management to efficiently manage financial operations, reduce costs, and mitigate errors and fraud. In a press release Wednesday (Jan. 8), FinTech company Treasury4 announced the launch of Payments4, a module for its...
For years, the middle and back offices have operated in the shadows of their more glamorous counterparts — the front office and client-facing teams. But now, nearly a quarter-century into the millennia, these once-overlooked functions have evolved from cost centers into dynamic hubs for business...
Briefcase has raised $3 million in a seed round to grow its artificial intelligence (AI) bookkeeping and accounting automation platform. The company will use the funding to hire engineers and product experts to serve its early adopters and onboard new customers, Briefcase said in a...
Square has increased its offerings for beauty and wellness sellers by adding new features, partner integrations and a distribution partnership. These tools are designed to help beauty and wellness professionals with their sales, customer service and back-office operations, the company said in a Monday (Oct....
Raken has expanded the capabilities of its field management solutions for the construction industry by adding an integration with the Sage Intacct cloud accounting, payroll and human resources (HR) solution. This integration automatically syncs project data, including completed time entries, and helps contractors shorten the...
Docyt has added an “AI bookkeeper” called GARY to its digital back-office solutions for small and medium-sized businesses (SMBs). GARY is built on the Docyt AI software-as-a-service (SaaS) financial management platform that integrates expense management, revenue accounting, industry vertical reporting and financial reporting of key...
Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and team collaboration. “We designed our new portal to streamline the often complex back office operations...
