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.
Wolters Kluwer announced a host of integrations and improvements in tax, practice management and audit for its CCH Axcess product.
Audit, risk and compliance platform AuditBoard announced the addition of three new AI-driven automation and analysis capacities to its platform.
Materia's platform can answer accounting queries in plain language and embed citations so users can verify the information.
Plus, TaxPlanIQ announces virtual summit; IRS announces availability of 18 online seminars; and other accounting tech news.
Starting in January, cryptocurrency will need to be reported to the IRS on an account-by-account basis versus the "universal wallet" approach most had been using.
Acumatica's new Professional Services Edition is meant to provide accounting and project support for consultants, engineers, architects and other practices.
SAP announced improvements to its spend management and business network solutions, not least of which is the embedding of a generative AI assistant.
The payroll and HR services giant has acquired global enterprise-focused workforce management solution provider WorkForce Software, based in Michigan.
Once AI handles all the boring and unpleasant tasks for accountants, what boring and unpleasant tasks will replace them?
Plus, Paystand enhances support for Microsoft Dynamics; and other accounting tech updates.
New technology has a habit of fixing old problems but creating new ones in their place, and AI is unlikely to be an exception.
A group of lawmakers has urged the IRS to drop the mandate to follow stringent ID.me standards.
Confidence in generative AI has soared among financial operations and tax professionals in just one year.
A survey of internal audit and IT leaders found that while they identity AI as a growing technology risk, they have the least confidence in their ability to evaluate and handle its risks versus other technologies.
Bloomberg Tax and Accounting has launched its Innovation Studio, which offers select customers access to solutions still in development, and its first offering is a new AI Assistant feature.
Plus, Sovos launches Indirect Tax Suite for SAP; Avalara launches AI-based tariff classification code solution; and other accounting tech news.
Accounting solutions provider FreshBooks will be laying off roughly 20% of its staff across all teams, and at all levels around the world.
Crowe announced a major expansion of its Artificial Intelligence Center of Excellence, effectively doubling its size through the addition of three newly established teams fully dedicated to AI pursuits.
Accounting ERP provider Acumatica announced its 2024 R2 launch, with hundreds of new features and capacities, many of which center around automation, integrations and enhanced accuracy.
The Securities and Exchange Commission approved a proposal that aims to improve the security of the filing system.