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.
Spend management solutions provider Ramp released a new solution in response to recent advances in AI image generation making it easy to create convincing fake receipts, a major fraud risk.
Intuit announced improvements to its Intuit Enterprise Suite product centered around workflow automation and data analytics and payroll.
Spreadsheet provider Sourcetable launched a spreadsheet that lets users tell it what they want through natural language commands.
Plus, BillingPlatform launches BP Pay solution; Bill announces "Bookkeeper Appreciation Week"; and other accounting tech updates.
A recent survey from Rightworks found firms that use AI have a higher revenue per employee than firms that do not.
Big Four firm PwC released Agent OS, an agentic AI operating system to streamline AI workflows and orchestrate complex, multi-agent business processes at scale.
Traditional AI and generative AI aren't significantly more likely to produce high productivity gains compared to other innovations like RPA or blockchain.
FloQast and Fieldguide each announced the release of their own agentic AI solutions for accountants.
ERP solutions provider Acumatica announced the rollout of its R1 release, sporting enhanced AI features as well as more industry-specific solutions.
The threat is that clients decide an AI chatbot is good enough for their purposes and so they never call their accountant in the first place.
