Chris Gaetano is the technology editor for Accounting Today. He brings with him more than a decade of experience covering the accounting profession as part of the NYSSCPA's Trusted Professional. Prior to that, he was a local news reporter at Greater Media Newspapers in New Jersey. He graduated from Rowan University, in Glassboro, NJ.
Plus, K1x launches 1099 aggregator; Ledgre announces tax assistant for rental property owners; and other accounting tech news.
Just because a company claims it keeps your client data private does not necessarily mean it's true, according to K2's Randy Johnston.
Kelli Parks of Calmwaters Cloud Accounting said client discovery and onboarding can be simplified with automated processes that don't need significant tech investments.
Regardless of how a firm ultimately implements artificial intelligence, Kim Petro, a practice advancement coach from Woodard, stressed the importance of doing so ethically.
Speakers at Woodard's Scaling New Heights conference in Orlando noted that while AI certainly can be complicated, even simple applications can have impressive results.
Accounting platform Digits announced the launch of Digits Accounting Agents, which CEO Jeff Seibert said can outperform humans in terms of accuracy and speed.
Cloud accounting platform Xero announced it will acquire payments solution provider Melio.
The money represents new capital, and this initiative will run parallel to Crete's ongoing acquisition efforts.
Plus, Foxit adds 40 integrations for document management; Deloitte and SailPoint expand collaboration on identity management; and other tech news.
Big Four firm KPMG announced the launch of its new multi-agent AI platform, Workbench, which will serve as a foundational and single AI platform.