Tech News: KPMG hails ISO 42001 certification

Published November 21, 2025 11:51 AM

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Updated November 21, 2025 5:52 PM

1 Min Read

KPMG hails ISO 42001 certification; Schellman becomes the first U.S.-based body for MTCS certification; Intuit launches partnerships with Cherry Bekaert and Rehmann; and other accounting tech news.

KPMG hails ISO 42001 certification

KPMG LLP signage is seen outside of the accounting firm's offices in Los Angeles.

Patrick T. Fallon/Bloomberg

Big Four firm KPMG announced it has achieved the ISO 42001 certification, an international standard for AI management systems. The ISO/IEC 42001 Standard specifies requirements for establishing, implementing, maintaining, and continually improving an AIMS within an organization. The certification reinforces KPMG's credentials and capabilities in AI governance, risk management, and assurance, and is a necessary precursor to providing AI assurance services to its clients, according to a KPMG spokesperson. It provides independent validation that the firm's internal AI management systems align with emerging global standards. KPMG said it is the first of the Big Four to achieve this certification.

Schellman becomes first U.S.-based body for MTCS certification

Schellman CEO Avani Desai

Marissa Moss Hyman/Marissa Moss Photography

Top 50 Firm Schellman announced that it has become the first U.S.-based certification body accredited to deliver Singapore's Multi-Tier Cloud Security certification services, joining a group of only seven accredited MTCS certification bodies worldwide. MTCS, governed by the Singapore Accreditation Council and the Infocomm Media Development Authority, is the world's first cloud security standard with a multitiered approach. The standard enables cloud service providers to demonstrate their security posture in alignment with Singapore's regulatory requirements. By achieving MTCS certification, CSPs reinforce their commitments and validate strong cybersecurity controls, enhance transparency, and strengthen trust for organizations operating in or partnering with the Singaporean market. Schellman's ability to perform MTCS assessments broadens its international certification capabilities.

Intuit launches partnerships with Cherry Bekaert, Rehmann

Top 25 Firm Cherry Bekaert and Intuit announced a deal to deliver Intuit Enterprise Suite to the firm's clients. Cherry Bekaert will also upgrade its current QuickBooks clients and bring new businesses onto Intuit's business platform. Intuit and Cherry Bekaert will kick off their partnership in the coming weeks with a series of events in Chicago, Atlanta, Washington, D.C., and Austin, Texas. The events are designed for CFOs, controllers, and business owners. Intuit also penned a similar deal with Top 50 Firm Rehmann. With Intuit Enterprise Suite, Rehmann will streamline its clients' multi-entity accounting and reporting and support those currently on QuickBooks with an upgrade. The firm will also leverage the platform's advanced artificial intelligence capabilities to assist with routine accounting tasks and identify anomalies.

Numeric announces new cash management solution

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Close automation platform Numeric announced the launch of a new cash management product that handles transaction matching. CEO Parker Gilbert said that it supports three AI-driven features: instant rule creation that lets the AI scan through every transaction and then proposes an initial set of rules engines; a text-to-rule feature that, for any rules not immediately captured, allows users to type them in and the AI will convert the text into a set of filters that can be run over transactions to confirm matches; and suggested rules, where any time a manual match is created that could have been captured via a rule, AI suggests a new rule for the future. The solution also supports automated journal entry drafting and posting to NetSuite based on rule sets, bulk approvals and audit reports for rule-making and JE posting, and integration with the broader Numeric experience.

AuditBoard launches scenario planning tool

AuditBoard co-founder Daniel Kim

Audit and risk solutions provider AuditBoard announced the launch of Scenario Planning, which enables risk teams to establish a universe of potential scenarios. By leveraging these capabilities, leaders can effectively quantify risk, test thousands of potential outcomes, and gain clear visibility into a range of possibilities.

Coupa launches AI agents

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Spend management platform Coupa announced the release of new autonomous AI agents with predictive intelligence and orchestration capabilities. The Navi Cost Formula Assistance Agent for Coupa Sourcing Optimization uses AI to transform plain language into accurate cost and scoring formulas; and Navi Request Creation Agent expands AI conversion to fully support complex statements of work and upload files; the Navi Supplier Assistance Agent automates instant responses to common supplier questions; and the Navi Supplier Discovery Agent uses natural language queries to help sourcing managers find the best-fit suppliers. Meanwhile, Coupa's expanded Supplier Workbench in its Customer Supplier Portal centralizes all pending actions and allows buyers to configure rule-based tasks with priorities. Finally, the new Category Strategy Integration layer connects strategic planning directly to event execution within a single platform.

Deduction comes out of stealth with Taylor AI

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U.K.-based accounting software company Deduction came out of stealth with a $2.8 million pre-seed round, along with its Taylor AI product, also known as "CPAI." The solution executes compliant tax returns from start to finish, including federal and state e-filing; proactively finds deductions, credits, and missed savings opportunities year-round; can answer financial questions phrased in natural language; proactively sources documents such as W2s and 1099s; can read forms ranging from receipts to miscellaneous PDFs, student loan forms and spreadsheets; keeps track of tax-related events such as options-exercises, required minimum distributions, and personal and business transactions; and includes a "vault" for secure upload and storage for sensitive personal data. Deduction also mentioned that all filings and high-impact decisions are reviewed by Deduction's human CPAs, and that it offers a 100% guarantee against interest and penalties.

Metronome launches products for pricing, invoicing, transparency

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Monetization infrastructure platform Metronome announced new products within the platform for pricing, invoicing and data transparency. The new pricing support features are meant to help teams adjust pricing and test new models directly by combining seat-based access with usage or credit consumption so companies can align pricing directly to value delivered. It also supports an account hierarchy enabling enterprise-grade billing operations in support of multi-entity and nested structures, and offers reusable plan templates. Meanwhile, the new invoicing capacities generate contract-based invoices with native ERP sync for SLG, and support marketplace integrations with GCP, AWS, and Azure. Finally, the data transparency features have Cost Preview API, in-product invoicing, and lifecycle notifications.

Zone & Co. announce end-to-end AP automation

Financial operations platform Zone & Co. announced the launch of Zone AP Payments, an ERP-native global payment solution for end-to-end AP automation. Built in partnership with TransferMate, a provider of embedded B2B payments infrastructure, Zone AP Payments combines invoice and payment processing for domestic and international vendors. Zone AP Payments expands Zone's procure-to-pay suite, joining ZoneCapture and ZoneApprovals.

Zeni announces agentic accounting automation

Zeni co-founders Snehal and Swapnil Shinde

Bookkeeping solutions provider Zeni launched its AI Accounting Agent automation solution, which reviews every transaction detail, including vendor name, memo, date, amount, and historical patterns, to determine the appropriate vendor, category, and class. It also explains its coding decisions, auto-approves transactions when highly confident, and only sends uncertain cases to users for quick review. Meanwhile, for reconciliation, Zeni's AI Accountant functions as a real-time engine that continuously synchronizes live bank and credit card balances. It compares ledger activity with raw statement data to identify missing, duplicate, or mistimed entries with line-item accuracy, aiming to maintain up-to-date and accurate records. The AI Accountant also automates receipt matching by collecting receipts from various sources, including cards, banks, bill pay tools, email, and Slack.

RightRev expands to include lessor lease accounting functionality

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Revenue recognition solution developer RightRev has expanded its functionality to support lessor lease accounting. RightRev Lessor Accounting handles both lessor accounting and revenue accounting together, automating complex allocations for bundled contracts (hardware plus services) on one platform. The software also enables companies to innovate in their bundled hardware, software and service offerings with traditional lease agreements via a configurable rules engine.

Extend expands credit card support

Spend management solutions provider Extend announced that it was expanding its reach to support virtually any credit card from all three major card networks. Users can now connect all company cards — across any bank — in one place; automate expense tracking, categorization, and reconciliation; capture and match receipts automatically; and continue using preferred credit cards, bank relationships, and rewards programs. Companies whose banks partner directly with Extend can access even more spend controls and automation.

Partnerships and integrations

Capital solutions provider Fundbox has partnered with financial management platform Wave to integrate Fundbox's financing solutions directly into Wave Perks, Wave's new hub for tools and services. … GruntWorx, a provider of automation solutions for tax professionals, has integrated with Liscio, a client experience platform built for accounting firms. … Lease accounting and data extraction solutions provider Crunchafi announced a partnership with audit solutions provider Fieldguide, connecting structured, standardized client data with intelligent, end-to-end audit workflows.

New hires and appointments

Planful Inc., a financial performance management cloud software provider, announced the appointment of Richard Parke as chief customer officer. Melissa Dreuth is transitioning back to her role as chief people officer and chief of staff to the CEO. … Trullion, an AI-powered accounting platform, announced the appointment of CPA Doug Horne as chief financial officer. … GRC solutions provider LogicGate announced two new C-suite appointments: Maureen Noonan as chief revenue officer and Michael Schultz as chief marketing officer.

New funding

Spend management solutions provider Ramp is now valued at $32 billion following a $300 million primary financing round and an employee tender offer. Lightspeed Venture Partners led the financing, with continued support from a host of existing investors, as well as a numbger of new investors, including: Alpha Wave Global, Bessemer Venture Partners, Robinhood Ventures, 1789 Capital, Epicenter Capital, and Coral Capital. … Asseta AI, a family office planning solutions provider, announced a $4.2 million seed funding round co-led by Nyca Partners and Motive Partners. The capital will be used to accelerate Asseta AI's product roadmap and team expansion as the company scales to meet rising demand among family offices managing complex, multi-entity portfolios. … Maxima, an agentic AI platform focused on accounting automation, has raised $41 million across its Seed and Series A rounds. The investment came from Redpoint Ventures, Kleiner Perkins and Audacious Ventures, alongside participation from finance and technology leaders. ... Numeric, an AI accounting automation platform, has raised a $51 million Series B round led by IVP, with participation from Menlo Ventures, Founders Fund, Alkeon, 8VC, Socii Capital, Access Industries, Friends & Family Capital, Long Journey Ventures, and others. This investment, which brings Numeric's total funding raised to $89 million, will allow the company to expand from close management into a broader compound startup model — delivering a unified data platform for enterprise finance teams.

Awards and honors

HubSync, a provider of cloud-based tax and accounting technology, has been named to the 2025 Deloitte Technology Fast 500 for the second consecutive year. The company ranked No. 159 among the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. …Top 25 Firm EisnerAmper announced that, for the fourth consecutive year, partner Miri Forster has been named to the ITR World Tax "Highly Regarded" and "Women in Tax Leader" rankings. Forster is a partner and the national leader of the firm's tax controversy & dispute resolution practice. She specializes in providing tax dispute resolution services to public and private corporations, partnerships, and high-net-worth individuals on a wide range of technical and procedural issues. In addition, EisnerAmper debuted on ITR's 2026 list as a "Notable Tax Controversy Firm."