Thomson Reuters unveiled its AI-powered Audit Intelligence suite, and its first solution, Audit Intelligence Analyze, to identify anomalies and generate documentation.

Oracle NetSuite announced major AI-related enhancements to numerous products across its product suite.

Stampli unveiled Stampli Cognitive AI, which sports what it says are "human-level" purchase order matching abilities.

Intuit announced major upgrades to its GenOS system, bolstering its development capabilities in generative AI.

The rapid adoption of gen AI has created opportunities for accounting firms — but also challenges.

While small businesses still primarily use accounting software to record and manage transactions, the percentage using paper actually increased

Microsoft researchers believe they have found a way to overcome the traditional challenges generative AI large language models have had with using spreadsheets.

Sage's new generative AI Copilot solution, set for U.S. release later this year, is meant to make powerful automation capacities more accessible.

Members of Accounting Today's Managing Partner Elite are investing in artificial intelligence for efficiency — but they're cautious about it.

Auditors face increasing challenges in evaluating how organizations estimate and report credit losses.

Plus Google's about-face on cookies, the gadgets you need to keep working no matter what, and seven other developments in technology this past month.

Moss Adams announced the launch of two new AI consulting teams, focused on machine learning and generative AI, who will work with clients on implementing AI solutions.

AICPA chair Carla McCall talks about how accounting firms need to work together so they can all thrive separately. 

YouTuber, podcaster and advisor Jason Staats discussed the practical issues in AI implementation for accountants during Xerocon this week.

Sage Intaact touts enhanced features for global market; Certinia's Summer 2024 release focuses on efficiency; Korean payments company SentBe goes global; and other accounting tech news.

Diya Jolly, chief product and technology officer with Xero, previewed its proprietary gen AI assistant JAX, which she said controls hallucinations for enhanced accuracy.

Three-quarters of business leaders expect increased return on investment for generative AI will increase in the next three years, according to a new KPMG survey.

Diya Jolly, Xero's chief product and technology officer, announced several new products and enhancements for bank reconciliations, payments, compliance and more.

CEO Sukhinder Singh Cassidy outlined her "Win On Purpose" strategy, which involves a focus on accounting, payments and payroll in the U.S., U.K. and Australian markets.