Accounting Automation news and trends

Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years
Investments // July 05, 2023

After eight years of self-funding, French accounting startup Dougs has  raised its first outside financing. The company took in $27 million in its first funding round, TechCrunch reported Wednesday (July 5), and plans to use the capital to double the size of its team by 2025 and expand...

Robots and Accounting Automation Move Industrial Economy Payments Digital
B2B Payments // January 16, 2023

From autonomous vehicles to automated bill-pay software, next-generation solutions are transforming industrial operations. This, as working capital management realities and labor shortages are being consistently aggravated by strong macroeconomic headwinds buffeting businesses across industries. The silent workhorse of the eCommerce industry’s spectacular ascent over the...

Automation Does the Work Accountants No Longer Want To
Back-office // December 29, 2022

CFOs looking for talented accountants and audit lieutenants aren’t having much luck finding them. Just ask crypto executives how their search is going. As OpenEnvoy CEO Matt Tillman told PYMNTS in an interview earlier this year, “There’s not a lot of people moving into the profession, and there are...

OnPay, ProVantage Team On Automating AP Processes
Accounts Payable // May 06, 2021

OnPay Solutions, an accounts payable (AP) automation solutions provider, will partner with ProVantage Software to work on automating paper-based processes, a press release said on Thursday (May 6). “We are excited to partner with ProVantage to help their clients streamline their supplier payments,” said Neal...

Interviews & Exclusives
Businesses Aren’t Using Accountants To Their Full Potential

September 20, 2016
Corporate money managers are evolving into strategic players within the enterprise, but this trend is often cited in reference to C-suite executives, like treasurers and CFOs. A new report from BlackLine says that, while these positions are recognized for the role they play in aiding with enterprise growth, everyday accountants are unsung heroes. The majority […]

Quick Reads
Accounting Platform Dougs Raises $27 Million After Self-Funding for 8 Years

July 05, 2023
After eight years of self-funding, French accounting startup Dougs has  raised its first outside financing. The company took in $27 million in its first funding round, TechCrunch reported Wednesday (July 5), and plans to use the capital to double the size of its team by 2025 and expand to countries like the U.K. and Germany. Founded in 2015, […]