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.
Diya Jolly, chief product and technology officer with Xero, previewed its proprietary gen AI assistant JAX, which she said controls hallucinations for enhanced accuracy.
Diya Jolly, Xero's chief product and technology officer, announced several new products and enhancements for bank reconciliations, payments, compliance and more.
CEO Sukhinder Singh Cassidy outlined her "Win On Purpose" strategy, which involves a focus on accounting, payments and payroll in the U.S., U.K. and Australian markets.
The Treasury Inspector General for Tax Administration said the IRS lacks concrete plans for retiring and replacing legacy IT systems.
Accountants are generally pessimistic about the economy as a whole, but feel much more confident when it comes to their own firm and clients.
Financial Cents, which makes practice management software for accountants, announced a new $9 a month plan for solo practitioners.
Eligible professionals can now earn revenue share with QuickBooks Payments.
Accounting tech space sees major acquisitions this week; Bitwave releases Data Fusion tool for digital assets; TaxValet gains B-corp status; and other accounting tech news.
TaxBit announced the launch of enterprise-grade pricing feature within the TaxBit Accounting Suite.
Tax technology company Vertex announced its acquisition of European e-invoicing company Ecosio
IRIS and AccountsIQ announced a new partnership to provide an integrated suite of cloud-based payroll and HR solutions.
When asked to rate how much they use generative AI tools on a scale from 1-10, accountants rated their overall use at 1.56
TaxDome announced the release of TaxDome AI, meant to facilitate document management tasks.
Top 25 Firm Cherry Bekaert announced its acquisition of accounting tech provider Kerr Consulting, becoming one of the largest Sage providers in the U.S.
Top 75 Firm Blue will offer cybersecurity and IT services through a partnership with Pioneer Technology .
A study says that the most efficient way to use generative AI is a combination of robotic process automation and application programming interfaces, but it is also the most difficult to implement.
Plus, CAQ releases generative AI guide for audit committees; US Bank announces new AR solution; and other accounting tech news.
Tax compliance solutions provider Avalara announced the release of its latest AI offering, a chatbot called Avi which can answer product questions, general tax questions, and troubleshoot issues.
PwC announced the rollout of its new ChatNational large language model AI for internal staff, which is designed exclusively for research questions versus the more general use ChatPwC
A recently introduced Senate bill would direct the federal government to develop third party audit standards for AI.