Thomson Reuters

Thomson Reuters has made a major investment in Propense, an AI-powered cross-selling solution, which will enable the company to expand its reach among CPA firms.

Materia's platform can answer accounting queries in plain language and embed citations so users can verify the information.

Thomson Reuters unveiled its AI-powered Audit Intelligence suite, and its first solution, Audit Intelligence Analyze, to identify anomalies and generate documentation.

A recent survey of tax professionals has found that practitioners hold both excitement and concerns about generative AI, though there is slightly more of the latter than the former.

Thomson Reuters announced the general release of Checkpoint Edge with CoCouncil, now sporting an AI-Assisted Research feature for tax research as well.

A recent poll found professionals predict that as AI makes jobs more efficient, firms will move away from the billable hour model in favor of value pricing.

A recent survey has found that 40% of tax professionals believe generative AI will allow them to demand higher rates, in comparison to 6% who said rates will decrease.

Thomson Reuters recently closed its $800 million acquisition of Pagero, a Swedish e-invoicing company, placing a big bet on the future of electronic invoicing amid wider changes in international tax and accounting.

Many downstream accounting tech solutions are simply not ready for full automation and AI-powered transactions.

Thomson Reuters was the winner of a bidding war to acquire a majority stake in Swedish e-invoicing and tax solutions firm Pagero.

Right now, the accountants at the center of the growing talent crisis are cautiously optimistic on the potential of generative AI.

Nearly half the leaders of corporate tax departments believe they're severely under-resourced when it comes to technology and hiring, according to a recent survey.

Most accountants and financial professionals think AI will make their individual skills even more highly valued, but many feel it will be the doom of their profession.

Major developers in the field view artificial intelligence as a way to step up the timetable on their long-term ambitions.

A majority of businesses say it's challenging to bring on new vendors or business customers due to concerns over B2B fraud, according to a recent survey.

The company plans to invest $100 million per year in artificial intelligence starting next year.

Plus, Deloitte launches a cloud-focused security and compliance service; and other accounting technology news.

The giant tax and accounting software provider has signed a formal agreement to acquire tax software solutions provider SurePrep.

The U.K.-based software solutions company announced the acquisition of Thomson Reuters' myPay Solutions.

Just $600 in gross sales is going to trigger a 1099-K for gig workers and sellers on sites like eBay and Etsy.