Tech News: AuditClub announces new and enhanced weekly passes

AuditClub updates passes

Auditors-as-a-service company AuditClub announced new and enhanced weekly passes that allow members to subscribe to AuditClub professionals with an experience level geared to the support they need. The AuditClub Crew passes allow CPA firms and companies to access virtual crew members with up to six years of experience who perform and review audit procedures based on a member's requests. The company has also enhanced its existing AuditClub Chiefs passes to be more simple and provide week-to-week convenience; these passes offer access to the company's fractional partners and managers who continue to deliver a full range of solutions in audit and assurance, quality management, regulatory matters and training.

Valid8 releases automated validation software

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Valid8 Financial

, which makes forensic accounting software for accountants, announced the release of its new Verified Financial Intelligence platform, which automates the process of verifying accounting data. The program can extract data from more than 30 systems, then uses patented matching algorithms to compare banking activity to accounting entries to achieve full population verification, eliminate sample risk and execute proof of cash and subsequent AR more quickly. The interface displays a self-guiding process map, live progress bars for each step, and one-click navigation to any view or task. It also includes Sankey diagrams that show the flow of funds between accounts, legal entities and financial statement accounts.

Partnerships and integrations

Small business payment platform

Melio

announced a new integration with cloud-based accounting software platform Xero, letting Melio's small-business customers automatically sync their accounts payable and receivable data with Xero … Identity theft prevention and credit monitoring firm IDIQ announced its partnerships with three major national tax associations — the National Center for Professional Education, the National Association of Enrolled Agents and the National Society of Tax Professionals — to bring awareness to the dangers and problems of identity theft, providing educational resources and protection for both tax professionals and their clients. … Client engagement and payment platform Ignition announced their first national tax association partnership with the NAEA, giving members access to Ignition's client engagement platform, webinars and CPE-approved education. … Corporate performance management solutions provider OneStream and and PwC France have entered into a strategic alliance for the French market.

Awards and honors

Business process automation solution provider Quadient has been included in Corporate Knights' Global 100 ranking of the world's most sustainable companies for the second year in a row, earning the 75th spot in the 19th annual ranking published by the international sustainable business research organization. … Jason Juliano, director of digital transformation of EisnerAmper Digital, has been named a Global IBM Champion and co-chair of CompTIA's AI Advisory Council. The IBM Champions program recognizes innovative IT professionals, business leaders, developers, executives and educators who influence others in the technical community. The council, meanwhile, brings together thought leaders and innovators to identify business opportunities and develop innovative content to accelerate the adoption of artificial intelligence and machine learning technologies.

New hires and appointments

Paul Diegelman

Crypto tax and accounting platform Ledgible announced the company added two new strategic executives, Paul Diegelman as chief revenue officer, and Will Coleman as head of institutional product. ... Spend and procurement platform Payem announced that Steve Sovik has joined as chief revenue officer; Dorit Bruner has been named PayEm's CFO; and Gilad Bonjack has been made the company's vice president of product. Further, Greg Tennyson has been added to the company's advisory board. (For more on Payem, see below.)

New funding

Spend and procurement platform Payem announced today $220 million in equity and credit financing from Viola Credit, Mitsubishi Financial Group, Collaborative Fund and others to fuel its growth. … Web-based valuation platform Valutico said that it closed its first financing round with outside investors. Existing investors also participated in the round, totaling equity funding in the mid seven-figures. Funding was provided by venture capital firms PUSH Ventures and aws Gründerfonds, as well as the Vienna-based Erste Group. Valutico will apply the new funding to further accelerate its growth, deliver on its product roadmap, and grow its product and engineering teams.

Tech News: AuditClub announces new and enhanced passes