Tech news: Karbon, Ignition, SmartVault launch Intuit ProConnect Ecosystem for Tax Firms

Published August 1, 2025 8:46 AM

Updated August 1, 2025 3:11 PM

1 Min Read

Karbon, Ignition, SmartVault launch Intuit ProConnect Ecosystem for Tax Firms; Lili introduces credit program; Mastercard announces Commercial Direct Payments solution; and other accounting tech news.

Karbon, Ignition, SmartVault launch Intuit ProConnect Ecosystem for Tax Firms

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Karbon, a practice management platform for accounting firms, announced a strategic partnership with Ignition, an automation platform for recurring revenue and billing, and SmartVault, a document management and client portal. This collaboration creates an integrated ecosystem designed for Intuit ProConnect users, dubbed Intuit ProConnect Ecosystem for Tax Firms. Each platform plays a role in the ecosystem. Karbon anchors the entire tax workflow as the central work orchestration hub, managing client intake and communication, work progress, team collaboration, and final work delivery. Ignition powers the front end, transforming prospects into engaged clients through professional proposals, engagement letters, and automated billing and collections. And SmartVault provides enterprise-grade document management, so sensitive tax information flows safely through the entire workflow while maintaining compliance and providing clients with storage, management and access to their documents. This partnership deeply integrates with ProConnect, including contact synchronization, e-signature capabilities, filing status updates, auto-routing of documents, and comprehensive workflow management beyond just tax preparation. The integrated ecosystem is available immediately. Firms can implement individual solutions or the complete stack based on their specific needs and growth trajectory.

Lili introduces credit program

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Financial platform Lili announced the launch of the Lili BusinessBuild Program, a credit-building solution that helps entrepreneurs build and monitor their business credit profile directly from their Lili account. Leveraging Dun & Bradstreet's data and credit insights, the BusinessBuild Program embeds credit-building tools into everyday financial operations, helping businesses monitor, build and work to optimize business credit. The program includes a BusinessBuild Credit Card—a secured credit card that enables business owners to contribute to their credit profile with every purchase by reporting activity to Dun & Bradstreet. Cardholders can set their own credit limits by allocating funds in advance as collateral—there are no interest charges, annual fees or credit checks. Payments made each month are reported to Dun & Bradstreet to help build a credit profile and history for the business. Business owners enrolled in the program also gain visibility into their credit health directly from their Lili account through Connected Credit, credit analytics provided by Dun & Bradstreet. Owners can monitor six key Dun & Bradstreet credit scores and ratings, including Paydex, Delinquency Score, and Failure Scores, with real-time alerts for important changes. A detailed view of what drives credit, including payment history, credit usage and outstanding debts, helps highlight potential risks early. To provide additional support, business owners can access expert-led credit training provided by Lili, including live sessions, step-by-step guides and personalized recommendations.

Mastercard announces Commercial Direct Payments solution

Mastercard debuted Commercial Direct Payments, an advanced straight-through processing solution that automates virtual card payments and reconciliation. Commercial Direct Payments is a new card network-agnostic solution that provides accounts receivable automation for suppliers, and digital payment opportunities for buyers. When the buyer initiates a card payment, Commercial Direct Payments enables it to be processed directly with the supplier's acquirer — eliminating manual steps for making and receiving payments. The funds are automatically deposited into the supplier's account and the detailed remittance data can be integrated into the AR workflow. Suppliers can reconcile payments using the remittance data that can flow directly into their ERP systems. Issuers and acquirers can access a single connection to Mastercard that enables the flow of secure standardized payment and remittance data between issuers and acquirers. Buyers have the flexibility to pay with physical or virtual cards. Mastercard also announced the global availability of its Mastercard Receivables Manager solution.

Partnerships and integrations

Business travel and expense platform Navan announced a new integration with American Express that enables American Express U.S. Business and Corporate Card Members to create virtual cards for travel booked on the Navan Travel platform via Navan Connect. To supportthis integration, Navan is participating in the American Express Sync Commercial Partner Program. Companies gain visibility into every virtual card expense the instant it happens with pending and cleared transactions that automatically appear in the Navan Expense dashboard. … Finance solutions provider insightsoftware announced a partnership with Orbitax, a provider of international tax technology solutions. The collaboration integrates Longview Tax's tax reporting and operational transfer pricing capabilities with Orbitax's BEPS 2.0 Pillar Two solution (OGMT), including jurisdiction-specific calculation and reporting functionality. OGMT is fully integrated into the Orbitax International Tax Platform to optimize broader tax department operations…. Crypto accounting platform Ledgible announced a collaboration with tax compliance solutions provider Comply Exchange which combines the capacities of both companies to deliver exchanges and brokers the tools to simplify tax identity collection, verify TIN and manage cost-basis calculations. … Top 50 firm UHY announced a new partnership with Secure AIs, an all-in-one AI control platform. Through this partnership, UHY will be able to continue to expand its technology compliance offerings. The partnership allows companies to use, control and govern AI tools — such as ChatGPT, Gemini, AI agents and even internal AI tools — with data security and regulatory compliance.