Tech News: Red Wing Software announces new version of CenterPoint

August 8, 2025 10:53 AM

Red Wing Software announces new version of CenterPoint; Stampli launches middle ground solution for AP automation; PwC buys fintech consultancy Kunai; and other accounting tech updates.

Red Wing Software announces new version of CenterPoint

Red Wing Software released CenterPoint Version 20, which comes with many new features, including Bank Transaction Import from Plaid. With the new bank import functionality, users can now securely connect to nearly any financial institution to import accounts payable and accounts receivable transactions, importing and matching transactions directly in CenterPoint. The new release also features side-by-side balance sheet comparison reports, custom definable aging periods for billing statements and AR aging reports, a streamlined employee portal for employee access and interaction, and usability and workflow improvements, such as preference search, vendor sequence detail, federal and state tax form favorites, as well as more flexibility in editing paid invoices and changing payroll liability due dates.

Stampli launches middle ground solution for AP automation

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AP automation solutions provider Stampli debuted Stampli Edge, a middle ground solution for small businesses that have outgrown basic bill pay tools, but don't yet need a full enterprise suite. The solution features AI-powered invoice capture, approval routing and streamlined payment processing. It integrates with popular SMB ERP programs like QuickBooks Online, Sage Intacct and Oracle NetSuite, with no need for customization, IT dependency and system maintenance. Stampli Edge customers can upgrade to the full Stampli platform to unlock procurement, advanced vendor management, spend policies and deep configuration. The program also offers access to Billy, Stampli's proprietary general AI agent with the equivalent of 83 million hours of AP experience. Billy has studied billions of user actions to understand the logic and thought behind them, and applies this experience to customer processes.

CPA QualityPro launches with backing from FL, WA CPA societies

A new solution for CPA firm registration and individual mobility compliance, CPA QualityPro, launched this week with the backing of the Florida and Washington CPA societies. The solution currently sports a firm license and registration module available for beta testing. In the fall the company plans to roll out its flagship feature, a unified system to track individual CPA mobility across all 55 U.S. jurisdictions. The software is intended for CPA firms ranging from the very small to the very large, replacing outdated compliance workflows with automated systems to simplify the process, reduce risk and save time. In addition to have provided the seed capital, the state societies backing the software will each have representatives on the board of the company. The full product launch is scheduled for November, shortly before new licensure reforms go into effect.

InvestCloud launches solutions for due diligence, client comms

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Wealth management solutions provider InvestCloud introduced new solutions for client screening and communications. Intelligent Screening from InvestCloud automates in-depth due diligence during client onboarding and performs ongoing risk monitoring, enabling users to perform due diligence across every stage of the client relationship. Intelligent Meeting from InvestCloud offers client communications and relations tools like meeting preparation, note-taking, action-item tracking and post-meeting workflows. Both solutions are enhanced by technologies from smartKYC, a provider of AI-driven know-your-customer risk screening and monitoring solutions, and Zocks, a privacy-first AI assistant for financial advisors.

Intuit announces customer feedback program

Intuit is now allowing accountants who use QuickBooks to deliver feedback directly to the product team. In a pilot program that's being tested through September, accountants can provide their feedback here, signing up with the email used to access their QuickBooks account. The new feedback board aims to centralize conversations, allow accountants to provide feedback, upvote and comment on suggestions, and view a changelog of actions taken by the QuickBooks team. It also fulfills requests to increase transparency on changes and have more engaging opportunities to co-author the QuickBooks roadmap. The feedback experience will feature a three-column roadmap displaying "Under Review," "Planned," and "Complete" changes, initially populated with feedback Intuit has heard since launch and improvements it has made so far on the bank feeds page. There's a dedicated section for accountants to search, upvote, comment, submit new ideas and collaborate with peers on their feedback suggestions; and a changelog acting as a single source of truth for accountants to stay informed on granular changes and updates. Because this is a program the company is testing, Intuit is asking accountants to focus only on providing feedback on the bank feed and Accounting Agent experiences. Intuit will also have code of conduct requirements in place to ensure participants are respectful with one another. To participate in providing feedback, users must adhere to the following code of conduct: no offensive language; no personal attacks; be respectful of opinions; and no posting any data or information that can't be publicly shared. Intuit said it has the right to delete offensive comments, remove feedback that doesn't follow the code of conduct, or is outside the scope of the QuickBooks bank feed and Accounting Agent experiences without notice. The pilot program will run from now through September. Intuit will be monitoring engagement and feedback responses to assess the tool's usability and impact to determine the community's interest in using it. Users can sign up here.

PwC buys fintech consultancy Kunai

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Big Four firm PwC has signed a definitive agreement to acquire substantially all the assets of Kunai, an agile software consultancy specializing in AI, cloud-first web, mobile and infrastructure platforms for the financial services industry. The addition of Kunai's expertise enables PwC to scale its existing offerings in the financial services space, strengthening its engineering capabilities for existing and new banking clients. The deal builds on the firm's recent strategic acquisitions, such as Surfaceink, Sagence, Netrovert, ACTS and EagleDream, reinforcing PwC's focus on engineering, scalable solutions, advanced analytics, enhanced collaboration and connectivity. The proposed acquisition is subject to customary closing conditions. Financial terms of the agreement were not disclosed.

Inflo makes Quality Management Solution free to access

Accounting tech company Inflo is making its Quality Management Solution free to access for CPA firms of all sizes. The program provides complimentary access to the Inflo Quality Management solution for one user per firm. The software offers built-in frameworks, automated workflows and real-time monitoring. Features include advanced risk monitoring capabilities through interactive dashboards that provide actionable insights in real time; project management tools that help audit firms of all sizes track progress and enhance accountability; a tailored system creation approach that adapts to individual firms' structures and operations; and on-demand training and support materials that offer guidance at every stage. For more information, visit www.inflo.com/qms-offer.

Rightworks announces new CEO, CRO

Accounting-focused cloud services provider Rightworks announced the appointments of Ian Williams as chief executive officer and Jay Muelhoefer as chief revenue officer. Williams, the new CEO, is a veteran of technology-enabled businesses. He most recently served as CEO of DRB Systems, a Vontier-owned company providing payment, point-of-sale and customer acquisition solutions. At DRB, Williams increased organic growth about 25% per annum, accelerated the company's shift toward recurring revenues, improved customer retention, and launched new analytics, business reporting and marketing applications. Meanwhile, Muelhoefer was formerly chief commercial officer at Evolv Technology and chief marketing officer at Kinaxis. He has also held senior leadership roles at Intralinks, IBM and PTC, scaling organizations from $75 million to over $1 billion and spearheading international expansion. The previous CEO, Joel Hughes, is now executive chairman.

CPAClub launches CPAClubAlly after winning 2025 CalCPA Firm of the Year

CPAClub, a provider of accounting and expert advisory solutions to firms and companies, has been named the 2025 CalCPA Firm of the Year in the Small Firm category. The Firm of the Year award honors firms that lead with purpose, live their values and make a meaningful impact on both the profession and the communities they serve. In celebration of this milestone, the company is launching CPAClub Ally, a program to recognize and rally those powering the profession forward, while also funding the new CPAClub Scholarship Fund to support the next generation of accounting leaders. CPAClub Ally is a new rewards and recognition program open to members, professionals in accounting and adjacent fields, and anyone who believes in advancing the profession. Allies can earn savings, unlock premium experiences, and help fund the next generation of accounting talent through the new CPAClub Scholarship Fund. Through a growing system of recognition ranks—White Star, Blue Star, Silver Star and Gold Star—CPAClub Ally amplifies the impact of the Club's work across the profession.

Wolters Kluwer announces CCH William Awards

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Wolters Kluwer launched the CCH William Awards, a new annual recognition program honoring excellence in the tax and accounting profession. The awards celebrate Wolters Kluwer customers who exemplify innovation, leadership, community impact and commitment to advancing the profession. The awards are named after William KixMiller, founder of CCH and a pioneering attorney and educator whose bold ideas helped shape the tax and accounting profession. The CCH William Awards will recognize excellence in four distinct categories:

The William Award for Innovation celebrates firms that redefine the profession through bold ideas, inventive models and transformative strategies.
The William Award for Community Impact honors firms making meaningful contributions through pro bono work, education partnerships, sustainability and community engagement.
The William Award for Breakthrough Leader recognizes emerging professionals who bring energy, insight and leadership to their teams and the future of the profession.
The William Award for Firm Culture & Talent highlights people-first firms that foster thriving workplace cultures, prioritize talent development, and support employee well-being.

Nominations close on Sept. 15, 2025. Winners will be announced in October at the Wolters Kluwer CCH Connections: User Conference.

Partnerships and integrations

Top 50 firm UHY announced a new partnership with Plex by Rockwell Automation, a digital system of record that connects people, systems, machines and supply chains, to deliver analytics for manufacturing visibility, quality and control. In addition to bringing together two supply chain resources, UHY will now also be designated as System Integrator with Plex by Rockwell Automation, allowing UHY to scope, implement and support Plex Solutions. … Ignition, a recurring revenue and billing automation platform for firms and agencies, unveiled its integration with Financial Cents, an accounting practice management platform, to fully automate the client engagement lifecycle. Users can now automate proposals, billing and payments in Ignition to improve efficiency and cash flow, automatically create and assign projects in Financial Cents when a client signs an Ignition proposal to kick off work, and keep client information synced across both platforms, reducing duplicate data entry and errors. Previously, Ignition customers needed to use Zapier to connect with Financial Cents to automate workflows. … Ministry Brands, a provider of church management software and online giving software, announced an exclusive partnership with AvidXchange, a provider of intelligent accounts payable automation solutions. Together, the two companies will offer churches and nonprofits a secure way to manage and pay their bills. … Big Four firm KPMG formed a strategic partnership with Oracle to deploy and manage custom AI agents using Oracle Cloud Infrastructure (OCI) Generative AI Service and Oracle AI Agent Studio. The new offering will allow KPMG clients to create and deploy custom AI agents that can automate tasks, provide industry-specific insights and enhance business processes. Additionally, KPMG's recent launch of Workbench, a global AI platform designed for interoperable agent-to-agent communication, will integrate AI capabilities from Oracle platforms, allowing clients to select the right AI model or agent for the right tasks, accelerating deployment of tailored AI solutions. … Ledgible, a digital asset tax and accounting platform for enterprises and institutions, announced its partnership with BitGo, an infrastructure provider of digital asset solutions. This strategic partnership makes it easier for BitGo customers to integrate tax workflows into their existing operations by leveraging Ledgible's integrations and API infrastructure.

New funding

Tax research platform Blue J has raised $122 million in U.S. dollars in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners, and previous investors Ten Coves Capital and CPA.com. The Series D funding follows Blue J's Series C round in December 2024. Since January 2025, Blue J has grown to over 80 employees and more than doubled its rate of new customer acquisition. … OLarry, an AI-powered tax firm, has raised a $10 million Series A round led by TTV Capital and joined by Walkabout Ventures and Marin Sonoma Impact Ventures, bringing the company's total funding to $14.5 million. OLarry offers access to personalized tax strategies for an all-inclusive annual fee. With AI at its core, OLarry automates client onboarding, document preparation and data extraction. OLarry will use its new infusion of capital to continue building the company's proprietary tax data classification and extraction model, enabling ingestion and structuring of complex financial data. Funds will also advance the development of predictive scenario planning tools to help clients optimize tax outcomes in real-time, as well as create an agentic, AI-powered client experience to support communication, education and advisor interactions. OLarry is pursuing strategic CPA firm acquisitions and recruiting nationally recognized, top-tier CPAs to further strengthen its advisory practice. … Stavtar Solutions, a provider of business spend management and expense allocation SaaS for complex businesses such as alternative asset managers, announced a Series A investment of $55 million from Elephant. The minority investment will fuel the next phase of expansion for the platform that helps complex businesses manage their business spend, expense allocations, vendors, contracts, budgets, payments and more. It will drive continued product innovation, expansion of integrated payment capabilities within its flagship product StavPay, as well as hiring to meet rapidly increasing demand. … Rillet, an AI-native ERP (enterprise resource planning) platform built for modern finance teams, announced a $70 million Series B co-led by Andreessen Horowitz and ICONIQ with participation from Sequoia, Oak HC/FT and earlier investors. In conjunction with the new funding, Andreessen Horowitz General Partner Alex Rampell and ICONIQ General Partner Seth Pierrepont are joining the board. This round comes just 10 weeks after Rillet announced a $25m Series A round from Sequoia, the company has now raised over $100 million in under a year. Since launch, Rillet has signed over 200 customers and doubled its ARR over the past 12 weeks. The rapid growth has also resulted in strategic partnerships with many of the nation's top accounting firms like Armanino (Top 20) and Wiss (Top 50). The investment accelerates the company's mission to rebuild enterprise accounting from the ground up, giving finance leaders the ability to scale multi-billion dollar companies with teams a fraction of the size.

Other news

Tax workflow automation solutions provider SafeSend, part of Thomson Reuters, announced strong growth for the first half of 2025, with product usage growing 35% year over year. The sustained momentum reflects the growing demand for end-to-end tax workflow automation as firms seek comprehensive solutions for ongoing staffing challenges and to deliver superior client experiences.