Tech News: Karbon launches KarbonAI

Karbon announces launch of KarbonAI

Practice management software provider Karbon launched Karbon AI, an artificial intelligence tool embedded in the company's core products. Functionality includes the ability to summarize long email conversations and internal discussions, adjust the tone of emails, assess the priority of inbox emails, and compose email drafts based on prompts and from within workflow tasks. Leaders at Karbon intend to continue development and increase functionality, especially along the lines of workflow optimization, to automate more tasks, save more time and add more value to firm services. Karbon AI will initially do a beta release before it's made available to all customers.

Financial Cents announces ChatGPT capacities

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Financial Cents,a cloud-based accounting practice management software provider, released its ChatGPT integration. The ChatGPT integration is now available to all Financial Cents users. Right now, people can use it to generate workflow templates. The company plans to release new features every couple of weeks, including using AI to create email templates to send to clients, getting a client request list based on project type, generating documents and saving them to the Financial Cents document management system.

TaxFyle partners with Rocket Lawyer

Mobile tax prep platform TaxFyle has teamed up with online legal services provider Rocket Lawyer to launch Rocket Tax. Rocket Tax allows people to file their taxes on Rocket Lawyer's legal services platform. The new feature pairs customers with licensed, experienced tax pros to help people during tax season. Existing Rocket Legal Cloud customers and platform partners will also gain access to Rocket Tax and in turn, Taxfyle.

Accountests introduces tax skills tests

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Accountests, a provider of competency tests for accounting firms, released tax-specific tests that can identify the knowledge level and skills of a candidate at different levels, from tax associate to tax manager. The tests are online with instant reporting of the results. The tests cover various tax issues using real situations to see if candidates can use their technical knowledge to help clients. The tests are based on the situations they will face in practice, and the types of real questions clients might ask, rather than textbook questions, everything from itemized deductions, capital gains and basis to the tax treatment of rental investments. The initial tests distinguish individual tax from business tax. Accountests plans to develop future in-depth modules so tax firms can choose tests based on their specific client base, such as real estate investors or service-based businesses.

Synder launches e-commerce partner program

Thumbnail for Video: The Growth of Taxable E-Commerce Transactions

E-commerce accounting and analytics software provider Synder debuted Synder SYNC Partner Program (Synder Your Next Client). The program provides resources and education opportunities for accounting and bookkeeping professionals to expand their e-commerce and digital payments expertise to better serve their clients and attract new ones to build their practices. Partners will receive additional commissions or discounts on every Synder client they serve; 24/7 support; access to a dedicated Synder specialist; onboarding assistance for new clients; in-person and virtual SYNC Ups to provide accountants and bookkeepers with networking and education opportunities; opportunities to provide input on new functionality requests and to help shape the Synder development roadmap; premium listing in Synder's accountants for e-commerce directory; Synder SYNC e-commerce certifications; and educational resources taught by peers.

Partnerships and integrations

Cloud tax software provider Avalara has partnered with e-commerce site eBay, which recently launched eBay International Shipping (eIS). The company tapped Avalara to provide cross-border compliance support for its customers. eBay International Shipping leverages Avalara software natively to determine Harmonized System commodity classification codes, identify item-level trade restrictions, and generate landed cost pricing for more than 200 million items hosted on eBay, and sold to more than 200 countries…. Quadient, which provides AP automation software, said its accounts payable automation solution, Quadient Accounts Payable

Beanworks, is now connected to Sage 100. Integration with Sage 100 provides features that strengthen control, and facilitate and streamline the invoice management process, such as the import and integration of supplier data, the integrated management of approval cycles and the allocation of expenses to different departments within the company. … Ledgible, a cryptocurrency tax and accounting platform, is now fully integrated with the Solana blockchain and its native token activity. This integration means that users can track their Solana transactions and holdings on Ledgible to manage their digital assets and comply with tax regulations. … Accounting-focused payments platform CPACharge announced a new strategic partnership with the Indiana CPA Society. The company will provide access to its billing solutions to INCPAS members.

Other news

AP automation solutions provider OpenEnvoy secured $15 million in Series A funding. The financing was led by RRE Ventures, and included participation from Coelius Capital, Hack VC, Riot Ventures and Uncorrelated Ventures. … Fraud prevent solutions provider Moonsense has raised $4.2 million in seed funding co-led by XYZ Ventures and Race Capital with participation from TheGP, Foothill Ventures and individual investors including Sekhar Sarukkai, John Lilly and Josh Wills. The funding coincides with the platform and the company's public launch. … Business services platform FinancialForce has rebranded as Certinia. The company's name change reflects the expansion of its offerings beyond ERP software into professional service automation. The name Certinia was selected to reflect what the company wants to give customers: certainty. … Subscription and recurring revenue management solutions provider ChargeBee appointed of Guy Marion as chief marketing officer and member of the company's executive team. Marion has over 20 years of experience in strategic marketing, product development, growth and sales.