Xero

It's crucial to understand the impact businesses have on the environment — and accounting for carbon emissions is a fundamental step.

Business management solutions provider Xero announced a new generative AI solution as part of a wider push to incorporate more AI into its products.

Plus, Xero now automatically calculates sales tax; and other accounting technology news and updates.

A recent survey says a large majority of firms enjoyed increased revenue and profit this year, based partially on growing client advisory services and the adoption of value-based pricing.

Small businesses are experiencing the weakest sales since 2020, according to a new report from Xero, despite signs of an improving economy.

Plus, Expensify adds enhanced insights and custom reporting functionality; IMA launches new cybersecurity certificate program; and other accounting tech news.

While people seem to have concerns about the rise of generative AI and the risks it presents, people are still using it and trusting its answers.

During periods of economic volatility, small businesses are especially vulnerable to headwinds.

The accounting software company reported year over year growth.

Plus, GBS Tax and Bookkeeping rebrands as Cleer Tax and Bookkeeping; ITA looks for new president; and other news from the accounting tech world.