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 4
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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.
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.
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.
Kepler builds verifiable AI system for financial services using Claude
Kepler demonstrates how Claude enables verifiable AI for financial services, addressing compliance and audit requirements in regulated environments.
Optro acquires Midship to build autonomous GRC system for SOX compliance
Optro acquired Midship, an AI-native automation company, to develop an autonomous system for governance, risk, and compliance (GRC) with SOX compliance focus—moving beyond traditional workflow auto...
Karbon launches The Loft, AI training platform for accountants
Karbon opens The Loft, an online community and training platform enabling accountants and bookkeepers to learn AI through peer collaboration and hands-on education.
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Sage and AWS partner to embed agentic AI in SMB accounting workflows
Sage deepens AWS partnership to accelerate cloud migration and agentic AI adoption among small and midsized business accounting clients.
OpenAI and PwC deploy AI agents to automate CFO workflows
OpenAI partners with PwC to help enterprises use AI agents for automating finance workflows, forecasting, and financial controls in the CFO office.