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.
Datarails, an FP&A solutions provider, declared FP&A software is dead and AI killed it, pairing this assessment with a new AI-driven platform.
Diligent launched its new AuditAI solution, described as a strategic compliance tool that automates execution of internal audit tasks.
Audit and GRC solutions provider AuditBoard has been renamed Optro to reflect a single, coherent view across audit, risk, infosec and compliance.
Accounting Today has opened submissions for its Best Firms for Tech survey.
Plus, RightRev launches Revi AI platform for revenue accounting automation; Rocketlane unveils Nitro AI for professional service firms; and other accounting tech news.
Prime Meridian, a tax solutions provider, officially launched today with a free tax filing solution supported by former IRS Commissioner Danny Werfel.
Celeste AI draws on a company's data set to autonomously perform complex workflows consistent with the firm's own best practices and compliance rules.
Insightsoftware, announced the release of its "Simba Intelligence" AI analytics platform, which can be deployed in cloud, on-premises or hybrid.
Enrico Palmerino, the CEO of shuttered accounting tech company Botkeeper, said it was hit by a perfect storm of market consolidation.
Jim Peko, the CEO of Grant Thornton Advisors, says it was only by abandoning a vision of incremental change that the firm was able to achieve its current rapid growth.
Accounting solutions provider Basis announced that it has raised $100 million in Series B funding at a $1.15 billion valuation.
Botkeeper, which abruptly shut down earlier this month, has found a new lease on life as the Botkeeper Infinite platform after being acquired by Xendoo.
Plus, Propense unveils Hatfield client service AI; Skipentry premieres with QBO data extractor tool; and other accounting tech news and updates.
April's tax platform for wealth managers can be used as either a standalone product or embedded into existing workflows.
Only a few state governments are ready to transition out of the IRS FIRE system and into its new IRIS system next year.
Next year, the IRS will retire its FIRE e-filing system and intro its new IRIS system. Tax practitioners need to make sure their vendors are ready for the changeover.
The Committee of Sponsoring Organizations of the Treadway Commission has released guidance outlining ways that organizations can achieve and maintain effective internal controls over generative AI.
A number of different factors — technological, conceptual, organizational — have been stymieing efforts to successfully implement artificial intelligence.
Thomson Reuters is developing its own AI foundation model, trained on TR's own content stores as well as a collection of PhD-level researchers and other academics.
Thomson Reuters previewed its latest CoCounsel AI agent as a fully autonomous assistant that can deliver a work product it described as "human-level."