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.
Gartner estimates that, by 2026, around 80% of independent software vendors will embed gen AI capabilities in enterprise applications, versus less than 1% in 2023.
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.
Plus, Certinia Customer Success Cloud now generally available; Zamp launches tax solution "Z"; and Paystand expands into Canada.
In this installment of The Fundamentals, we asked firm leaders and tech experts the basics of selecting solutions for tax preparation.
Intuit announced major upgrades to its GenOS system, bolstering its development capabilities in generative AI.
HR and payroll solutions provider Paylocity announced it has bought spend management software company Airbase for $325 million.
The program has been used internally and is now available for non-audit clients for Pillar Two and U.S. international tax calculations.
While small businesses still primarily use accounting software to record and manage transactions, the percentage using paper actually increased
