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.
A recent poll found that 70% of financial services professionals, including accountants, say they regret at least one business software purchase made in the past year.
Thomson Reuters announced plans to invest millions in tax and accounting solutions through its newly-launched $150 million venture fund.
Plus, Insightsoftware announces Jet Reports Online; InterVal updates business customization features; and other updates from the accounting tech world.
Oracle NetSuite announced NetSuite SuiteSuccess Anything-as-a-Service (XaaS) Edition, aimed at businesses with both product and service components.
NetSuite said it has moved its suite with all its data into an AI-driven self-maintaining database, part of parent company Oracle's cloud infrastructure.
NetSuite, during its SuiteConnect event in Manhattan, announced agentic AI enhancements to its solutions, and plans to roll out more in the future.
Armanino announced the acquisition of Florida-based ERP implementation and support specialist Complete Business Solutions.
Under the agreement, Crowe will "deeply adopt" ChatGPT Enterprise.
Audit tools take center stage, even as artificial intelligence remains a priority across accounting technology.
Agentic AI is already gathering momentum at accounting firms as leaders anticipate great potential for semi-autonomous bots.
