Tech News: Ledgible adds API support for most NFTs

February 17, 2023 8:40 AM

Ledgible launches API support for Ethereum-based NFTs; Forvis launches claims denial management solution; Neo.tax rolls out 2023 update; and other news from the accounting technology arena.

Ledgible launches API support for Ethereum-based NFTs

Sotheby's 'Natively Digital: A Curated NFT Sale' Exhibition Preview A curated NFT sale at Sotheby's on June 04, 2021 in London, England.The exhibition is on view until 10 June, when the sale closes for bidding. (Photo by Tristan Fewings/Getty Images for Sotheby's)

A curated NFT sale at Sotheby's in June 2021

Tristan Fewings/Photographer: Tristan Fewings/Ge

Crypto tax and accounting solutions provider Ledgible announced the launch of API support for all Ethereum-based nonfungible tokens, which represent 75% of the entire NFT market. Ledgible's new product tracks cost basis, collection and token ID, image, date and acquisition information for each NFT to help NFT holders and traders to have a better understanding of their holdings and their value over time. The new rollout allows for direct API connection, or users can opt for manual import, including through inputting the read-only wallet address.

Forvis launches claims denial management solution

Courtesy of Forvis

Top 10 Firm Forvis launched a product for medical system clients having trouble navigating insurance claims denials. The software integrates into existing data feeds to analyze trends in insurance denials and help identify strategies to decrease preventable denials. It monitors and measures performance to help decision-makers understand top-line metrics at a glance, and provides the ability to analyze data. The software also provides dashboards and data visualizations that help expose the root causes of preventable denied claims, as well as organizational views of insurance denials performance across provider locations and specialties.

Neo.tax rolls out 2023 update

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Tax automation solutions provider Neo.Tax launched Neo.Tax 2023, a software update to its signature platform. Neo.Tax 2023 was built in response to the Tax Cuts and Jobs Act of 2017, which included a five-year provision where R&D expenses can no longer be subtracted from revenue and must be spread out over a period of time — five years for U.S. domestic-based activity and 15 years for international activity. Neo.Tax 2023 ensures its platform is compliant with these changes and able to optimize R&D tax credits. Neo.Tax 2023 guarantees that all claims are reviewed by the Neo.Tax tax experts to ensure the returns are accurate.

Partnerships, integrations and M&A

Tallan, a technology solutions company, said it will be joining the Microsoft Services Group of Big Four Firm Ernst and Young. (See our story.) … Big Four Firm Deloitte (via Deloitte Digital) and Rootstock Software, a provider of ERP solutions, announced a strategic alliance to offer consulting, implementation and integration services to manufacturers and distributors with revenue between $50 million and $1 billion. In a move to continue pushing into the midmarket, Deloitte Digital plans to grow its Rootstock consulting team by 250% over the next three years. … DimeTyd, an automated financial operations platform for first-party Amazon vendors, has been acquired by Threecolts, a cloud business suite for Amazon businesses. DimeTyd will now be able to provide its customers an expanded offering of its e-commerce profit recovery solution. ... Administrative support services provider TMF Group has extended its partnership with workflow management platform Enate for three more years. The partnership will concentrate on driving the operational model into new geographies and, further, TMF Group will be using Enate's workflow platform to start designing a digital transformation agenda.

New hires and appointments

Cloud-based document management solutions provider SmartVault announced that Bryan Brorsen and Jonathan Young have joined its executive team as vice president of sales and vice president of marketing, respectively. … Sage announced the appointment of Eduardo Rosini as its new executive vice president of partners and alliances. He will be responsible for driving global partner strategy, supporting Sage's ecosystem of resellers, independent software vendors, developers and strategic alliances.

Awards and honors

FinancialForce, a provider of customer-centric business applications across finance, services and customer success teams, was named to the Constellation ShortList for Services-Centric Cloud ERP in Q1 2023. The technology vendors and service providers included in this program deliver transformation initiative requirements for early adopters and "fast-follower" organizations. … Payroll and HR services provider Paychex Inc. has been recognized as one of the top training organizations in the world with a 2023 Training APEX Award from Training Magazine. Paychex ranked No. 5 on the list for the second year in a row. This is the company's 22nd consecutive appearance. … IRIS Software Group has been recognized as one of the U.K.'s Best Workplaces for Wellbeing in the Super Large (1,000+ employees) Category by Great Place to Work.