Bookkeeping stories
Small businesses can now ask Claude for live cash and invoice data from Xero without leaving their accounting records.
Many firms still lack AI training, even as 85% of accountants say they are excited about it, prompting a new peer forum from Karbon.
Australia’s smallest employers face heavier payroll compliance as PaySauce targets 694,000 micro-businesses with new hires and AUD $4 million backing.
The new platform aims to cut routine bookkeeping for small firms by automating payments, reconciliation and tax prep while keeping users in control.
Routine bookkeeping is becoming faster but riskier, as firms weigh oversight, data security and how many junior hours AI agents can replace.
The acquisition strengthens Multiplier’s push into professional services as AI and rising client demands reshape the startup advisory market.
The new feature gives accounting firms visibility into workloads as talent shortages and rising client demand make staffing harder to scale.
Small businesses could get real-time cash-flow and invoice insights as Xero embeds Claude into its accounting tools and planning workflows.
Dext rolls out AI Assist in the US and Canada, promising to learn each firm's bookkeeping rules while keeping humans in full control.
Dext unveils AI Assist, an embedded tool that learns firm-specific judgement to automate routine bookkeeping while keeping humans in control.
Xero launches Accountable Intelligence AI to automate bookkeeping while keeping decisions, audit trails and financial oversight with humans.
More than half of small business leaders report higher productivity after adopting AI, with spending linked to savings of up to 10 hours a week.
UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.
A tougher fee regime is pushing the payments firm to offer SMEs more services, from POS and broadband to bookkeeping, beyond EFTPOS.
Thousands of smaller firms should gain easier access to loan comparisons, payment tools and cashflow apps as banks widen data sharing by 2027.
Staff shortages could leave GBP £2-4 billion in annual fees unrealised as firms use AI and outsourced teams to handle compliance work.
Barclays and Sage are teaming up to link banking with cloud accounting, aiming to slash admin time for UK small firms as tax rules tighten.
Starling launches free in-app MTD tax tool for sole traders and landlords, ahead of April 2026 digital income tax rules from HMRC.
Sage expands AccountsPrep in Sage for Accountants as firms brace for MTD for Income Tax, targeting paper-based clients at GBP £3 per month.
SumUp enters UK accounting with a free MTD income tax tool using Sage tech, aiming to help unprepared sole traders meet new HMRC rules.