Tech news: Horizon for Intapp Time now generally available

Horizon for Intapp Time now generally available; Avalara announces Dallas, Atlanta tour dates; Thredd joins Mastercard Wholesale Program; and other accounting tech news.

Horizon for Intapp Time now generally available 

Time management, clock, team
Kirill Makarov/kirill_makarov - stock.adobe.com
Professional services solutions provider Intapp announced its Horizon release for Intapp Time is now generally available. The solution is built into the Intapp Cloud Infrastructure to provide a secure foundation for the product's new AI capabilities. This includes the ability to capture certain activities from the user and how long they lasted and turn them into time entries with prepopulated matters and suggested clients. It can also convert text or voice memos into structured time entries; provide compliance validations and suggested corrections; access answers to questions about logged, unreleased or shared time entries using a GenAI chatbot; and accommodate timekeeper preferences with activity capture featuring matter matching, plus more intuitive timers and time entry editing experiences.

Avalara announces Dallas, Atlanta tour dates

Avalara IPO NYSE
Michael Nagle/Bloomberg
Tax automation solutions provider Avalara unveiled the next two stops for its CRUSH on Tour series. After hearing customer demand at recent events in Chicago and New York, the company will now be visiting Dallas on September 11 and Atlanta on September 25. Avalara will be highlighting its AI-powered global tariff classification and duty estimation, trained on billions of trade data points; automated e-invoicing and exemption certificate management, leveraging machine learning to streamline workflows; real-time tax code prediction and checkout validation at the point of sale; end-to-end automation of W-9 and 1099 processes; and region-specific compliance tools to address the complexities of global jurisdictions, including Latin America and the Asia Pacific region. 

Thredd joins Mastercard Wholesale Program

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Thredd, a global issuer processor, is offering its travel agency customers real-time payment control through new product codes via the Mastercard Wholesale Program. The program has now evolved to provide real-time payment control, allowing issuers to transition between product codes that allow travel organizations to adapt virtual card technology in real time, based on supplier or product need. Thredd claims to be the first issuer-processor to offer this enhanced feature to its customers.

Medius appoints Chris Wilmot as CFO

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Zoran Mircetic
Medius, a provider of AP automation and spend management solutions, has appointed Chris Wilmot as chief financial officer. Based in London, Wilmot will oversee Medius' financial strategy and long-term health as the company advances its mission to empower finance teams of the future through AI-driven AP and spend management.

New Funding

AI-powered time-tracking software provider Laurel announced a strategic investment from Workday Ventures. As part of the investment, Laurel will become a Workday Innovation Partner, joining a community delivering AI capabilities to customers. … Soraban, an intelligent admin copilot for accounting firms, announced the close of its Series A funding round led by Altos Ventures. The actual amount was not disclosed.
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