Cloud Accounting stories
Canadian finance teams could save hours of month-end admin as Float’s new AI tool auto-codes card transactions with 90% precision.
Canadian accounting firms could cut manual payroll work and compliance errors as the new platform centralises dozens of client runs.
Users can now track performance against targets and share AI-powered scorecards as Xero expands analytics tools to 4.6 million subscribers worldwide.
Small businesses could see faster reporting and less manual admin as AI-driven rivals automate bookkeeping and pressure QuickBooks to adapt.
The new platform aims to cut routine bookkeeping for small firms by automating payments, reconciliation and tax prep while keeping users in control.
The hire sharpens Intuit's APAC push as it adapts QuickBooks and Mailchimp to local tax and compliance demands across the region.
The partnership signals a split in finance software as firms weigh tighter control inside one platform against AI agents that span several systems.
Manual close processes have been reduced as the software group automates revenue recognition and consolidates finance across 30 countries.
The acquisition strengthens Multiplier’s push into professional services as AI and rising client demands reshape the startup advisory market.
Small businesses could soon get quicker cash-flow checks and invoice chasing as Xero and Anthropic bring Claude into accounting workflows.
Small businesses could get real-time cash-flow and invoice insights as Xero embeds Claude into its accounting tools and planning workflows.
Developers will face new pricing and compliance rules as Xero rolls out credit notes webhooks, with some apps seeing fewer API calls.
Easier consent and wider bank access could lift Consumer Data Right use to more than 18 million Australians by 2035, the modelling says.
Poor digital confidence is leaving 42% of Kiwi small businesses dreading tax time, as mixed systems and security gaps expose errors.
UK Xero users can now manage supplier, expense and employee payments in one place as Dext expands its payments tool with payroll.
Quick answers are winning out over professional fees, with 26% of UK sole traders now using AI for Making Tax Digital guidance as rules tighten.
Finance teams could cut invoice processing time in half as Aqilla folds capture, coding and approvals into one system.
Thousands of smaller firms should gain easier access to loan comparisons, payment tools and cashflow apps as banks widen data sharing by 2027.
Finance staff at Lush UK now process more than 4,000 supplier invoices a month faster after automating accounts payable with Quadient and Xero.
Accountants could turn routine compliance checks into client advisory meetings, with AI summaries helping firms keep a searchable record of actions.