accounting

This Week in AI: Transforming Accounting, Governance, Energy Efficiency and Tech Investments
This Week in AI: Transforming Accounting, Governance, Energy Efficiency and Tech Investments
June 28, 2024  |  artificial intelligence

The artificial intelligence (AI) revolution drives transformative changes across various sectors, from accounting and regulatory frameworks to energy efficiency and tech infrastructure. Venture capital firm...

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Making Sense of the FASB’s Proposed Business Software Accounting Changes
Making Sense of the FASB’s Proposed Business Software Accounting Changes
June 28, 2024  |  Regulation

Tax rules for businesses around their software costs haven’t changed in nearly half a century. But over the past few decades, nearly everything we know...

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Materia Exits Stealth, Launches GenAI Platform for Public Accounting Firms
Materia Exits Stealth, Launches GenAI Platform for Public Accounting Firms
June 20, 2024  |  artificial intelligence

Materia has come out of stealth with over $6.3 million in funding, launching a generative artificial intelligence (AI) platform built specifically for public accounting firms....

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Bookkeeping Firm Digits Buys Accounting Platform Basis Finance
Bookkeeping Firm Digits Buys Accounting Platform Basis Finance
June 17, 2024  |  Acquisitions

Bookkeeping platform Digits has acquired budgeting and forecasting startup Basis Finance. “With rising interest rates and a tightening fundraising environment, the importance of extending runway has become crystal...

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Light Raises $13 Million to Scale AI-Powered General Ledger
Light Raises $13 Million to Scale AI-Powered General Ledger
June 12, 2024  |  Investments

Light has come out of stealth and announced a $13 million financing round to scale its artificial intelligence (AI)-powered general ledger for multinational companies. With...

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This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards
April 25, 2024  |  B2B Payments

Innovation is a key factor in any company’s ability to succeed in the long run.  And so are the ways in which they pay and...

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FreshBooks to Add Latest Stripe Connect Features to Accounting Software
FreshBooks to Add Latest Stripe Connect Features to Accounting Software
April 25, 2024  |  Partnerships

FreshBooks will add a payment solution with the latest Stripe Connect features to its cloud-based accounting software for small businesses and accountants. The new FreshBooks Payments will be available this...

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Countsy Debuts Platform to Streamline Back-Office Management
Countsy Debuts Platform to Streamline Back-Office Management
April 23, 2024  |  Back-office

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...

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Fieldguide Raises $30 Million to Combat CPA Shortage With AI
Fieldguide Raises $30 Million to Combat CPA Shortage With AI
March 26, 2024  |  Investments

Artificial intelligence (AI) startup Fieldguide has raised $30 million for its accounting industry offering. The Series B funding round, announced Tuesday (March 26), will let the company launch new...

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