Crunchafi integrates Thomson Reuters for lease accounting automation in audits
Crunchafi adds in-app Thomson Reuters integration to automate lease accounting workflows in PPC audit processes, streamlining a complex compliance area.
The Wire — Page 3
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Top 50 Firm Doeren Mayhew Acquires AI Automation Shop Griffin Global
Doeren Mayhew, a top 50 accounting firm, acquired Griffin Global Technologies, an AI automation and data analytics consultancy, to expand its technology and automation capabilities for clients.
Wolters Kluwer, OpenAI expand enterprise AI for accounting workflows
Wolters Kluwer and OpenAI deepen partnership to integrate domain-grounded generative and agentic AI into accounting and tax software, targeting professional decision-making and productivity gains.
Zone & Co integrates TimeGPT for AI-driven forecasting in accounting workflows
Zone & Co embeds Nixtla's TimeGPT foundation model into its ERP platform to enable AI-powered time series forecasting and anomaly detection for financial workflows.
Inflo and HubSync partner on AI-powered audit and tax platform
Inflo and HubSync integrate to offer an end-to-end AI-enabled solution for digital audit and tax workflows, combining their platforms for enhanced automation.
Starbucks ditches AI inventory tool; what it means for accountants
The Accounting Podcast hosts break down CBIZ's stock decline, Starbucks killing its AI inventory counting system, and Microsoft cutting AI tool costs for engineers—signaling challenges for AI autom...
Doeren Mayhew acquires AI automation firm GRIFFIN Global
IPA 100 firm Doeren Mayhew ($170.4M FY24 revenue) acquires Atlanta-based GRIFFIN Global Technologies to expand AI, software development, and data analytics capabilities for accounting clients.
UK accounting firm explores AI agents as alternative to hiring
Bots For That CEO explores replacing headcount with AI context windows in accounting firms, part of a series on building AI-native accounting practices.
Sage UK Integrates PaperLess AP Automation in Marketplace
Sage UK adds PaperLess invoice processing automation to its marketplace, enabling SMBs to streamline accounts payable workflows via AI-powered document recognition and processing.
Wolters Kluwer partners with OpenAI to build AI-native accounting solutions
Wolters Kluwer expands its enterprise collaboration with OpenAI to develop AI-native accounting features, signaling major investment in LLM-powered tools for tax, audit, and compliance workflows.
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KPMG partners with Anthropic to embed Claude into tax platform
KPMG integrates Anthropic's Claude Cowork into its client delivery platform, starting with tax and legal services, marking a major Big 4 adoption of generative AI for professional services.
OpenAI, Thrive, and Crete build self-improving tax agent with Codex
OpenAI partnered with tax firms Thrive and Crete to develop a self-improving tax agent using Codex that automates filings and improves accuracy across workflows.
KPMG Partners with Anthropic to Build Claude-Powered Digital Gateway
KPMG and Anthropic partnership leverages Claude AI to develop a digital gateway combining frontier AI capabilities with accounting domain expertise, emphasizing security and trust.
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Verito and NATP launch AI governance curriculum for 23,000 tax professionals
Verito partners with the National Association of Tax Professionals to deliver AI governance and cybersecurity training tailored for tax preparers, reaching over 23,000 members.
Top 20 CPA Firm Citrin Cooperman Invests in Tellen for AI Audit Solutions
Citrin Cooperman, a top 20 accounting firm, invested in Tellen, an AI platform for audit, to build and deploy AI-powered audit solutions through a multiyear partnership.
Trove and Xero cut overdue invoices by 60% for small businesses
Xero case study shows Trove's AI automation reduced overdue invoices 60%, challenging hype that accountants are being replaced while highlighting how AI augments accountant productivity.
Citrin Cooperman deepens AI investment in Tellen for audit workflows
Top 25 accounting firm Citrin Cooperman expands partnership with Tellen, an AI-driven accounting platform, to build AI-powered audit solutions through a multiyear deal.
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Intuit Enterprise Suite adds analytics, automation for mid-market finance teams
Intuit expands Enterprise Suite with new analytics and automation features targeting mid-market firms, positioning the platform as an ERP alternative for complex accounting operations.
Credentia automation cuts AP workload 50% without layoffs
Credentia Business Processes reduced accounts payable workload by half using process automation, allowing teams to redeploy staff rather than cut headcount.
HMRC deploys British AI firm tech to detect tax fraud and filing errors
UK tax authority HMRC will use AI from a British tech company to identify fraud and errors in tax returns, signaling regulatory adoption of AI for compliance and revenue protection.