Tech news: Certinia announces spring release

April 18, 2025 9:00 AM

Certinia announces spring release; Intuit acquires tech and experts from fintech Deserve; Paystand launches feature to navigate tariffs; and other accounting tech news and updates.

Certinia announces spring release

bohlam - stock.adobe.com

Financial operations platform Certinia announced its spring '25 release, which sports several new features. One is an Estimate Financial Summary feature that provides a monthly breakdown of the revenue and costs of an estimate so users can better understand the project's anticipated cashflow, identify margin risks, and make informed decisions before the project kicks off. The new release also features an additional method for estimating beyond traditional pricing methods, as service organizations can now create their own pricing models using configurable pricing calculations. The new release also enables the sale of services products, such as digital workers and AI. There are also new automation enhancements, such as cash matching capabilities, simultaneous bank reconciliations and an enhanced UI for large-scale revenue recognition. The company also improved its guided scoping feature with dynamic questions, which adjust based on previous responses. There are also UI improvements and a new "Suggest My Timesheet" feature, which generates an initial draft of the timesheet based on their scheduled assignments and tasks. Other features include the ability to track related projects in a new Portfolio object, generative AI-based resource and customer account summaries, improved smart rescheduling, a new Resource Request Staffer that lets managers match and then assign, hold, or shortlist up to 1,000 resource requests. For more information, visit the Release Hub.

Intuit acquires tech and experts from fintech Deserve

Intuit has signed an agreement to acquire key technology and welcome talented team members from Deserve, a mobile-first credit card platform. Deserve provides a mobile-first, cloud-native, vertically integrated credit card stack that lets users issue virtual credit cards. It also offers transaction details and analysis, anti-fraud monitoring and controls, subscription management, and the ability to create awards. The purchase supports Intuit's connected business platform strategy to help customers run and grow their business. The move aligns with its strategy to further invest in and expand its money offerings to support its goal of facilitating cash flow management and real-time financial visibility.

Paystand launches feature to navigate tariffs

Blockchain-enabled B2B payments software provider Paystand released its Smart Controls solution, designed to help navigate the shifting tariff landscape. The solution is aimed at keeping departmental costs low by streamlining processes, letting finance teams control how they charge, route, and recover fees like tariffs, convenience charges or surcharges, if desired. Users can automatically apply or waive fees like tariffs and surcharges based on custom rules, customer profiles, or invoice type; pass through rising costs directly to payers when needed; and streamline the collections process to increase payment speed and maximize retention—even as costs fluctuate. Smart Controls are available as part of the Paystand platform. Businesses can learn more and request access at Paystand.com.

Lili adds banking and accounting capacities

Small business financial platform Lili announced the recent addition of banking and accounting solutions for users. Now, through Lili Connect's new eCommerce partners—including Convesio, North Commerce and Hostinger—online merchants can open a business checking account directly within the platform. This integration provides access to store earnings, automated bookkeeping and tax management, and international payment solutions. Meanwhile, Lili's WordPress plugin has integrated financial management directly into daily operations. This solution allows business owners to track earnings, manage expenses, and access banking tools from one unified platform. The announcement comes shortly after Lili introduced bank accounts for eligible non-U.S. residents with U.S. businesses through Lili Connect.

Other news

Medius, an AP automation solutions provider, announced the appointment of John Seery as its chief technology officer. In his role, Seery will be responsible for driving greater efficiencies within Medius's technology stack and ensuring the company continues to implement innovative use of intelligent capabilities including AI and machine learning in its product offerings. Seery has nearly three decades of software engineering and technology leadership experience, including having held senior roles at Creditsafe and IBM. … Lease management solutions provider Visual Lease has become a Workday Innovation Partner. With this partnership, mutual customers can use a packaged solution including a standard set of preconfigured integrations that help automate the bidirectional exchange of financial data, provide more streamlined lease management, and help support compliance with FASB/IFRS and GASB 87/96 standards. The partnership comes on the heels of CoStar Group's recent acquisition of Visual Lease and is part of their commitment to broaden the solutions available to their customers. … Automation platform Quadient has been recognized in a recent Forrester report on ways artificial intelligence (AI) is transforming accounts receivable (AR) processes. The report, "Top AI Use Cases for Accounts Receivable Automation In 2025," includes mentions of Quadient AR for cash application and payment notice.