The integration of AI in tax processes can streamline invoice management, improving accuracy and freeing teams for higher-value tasks.

Plus, Schneider Downs Digital launches AI finance companion; Ramp introduces live budget tracking; and other accounting tech updates.

The Big Four firm announced a new formalized engineering career path, offering a dedicated avenue for advancement based on technology skills and leadership.

The accounting profession is undergoing a dramatic transformation as artificial intelligence and intelligent process automation become central to daily operations.

Organizations with mature agentic AI governance frameworks are in the distinct minority, but this hasn't stopped leaders from rushing to implement the technology this coming year in a wide variety of applications.

Artificial intelligence is helping accountants by doing the 'boring stuff,' but CPAs are now interested in having AI do even more. The problem is that AI comes with some risks.

Professional development platform MyCPE One announced the release of a new skills assessment platform with an AI-powered anti-cheating monitor.

Recent data finds that a significant fraction of accounting firms are changing their organizational structures to optimize for AI, especially when it comes to junior roles.

Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV.

Plus, Emburse announces Invoice Tax Validation; TaxStatus releases tax prep checklist, tax return history; and other accounting tech news and updates.

The number of organizations that have deployed AI agents grew twofold in the past year, sparking changes in hiring patterns and market dynamics.

While AI has increased gross productivity, net gains have been eroded by the time and effort needed to review and correct AI outputs.

The software will be used by both the firm's professionals and its clients to collaboratively manage corporate tax engagements in the same platform.

Digital transformation ranked as the top priority of CFOs, according to a Deloitte survey, followed by cash management optimization and capital allocation.

When context is missing, accountants spend their time searching, validating and double-checking instead of analyzing and advising.

Usage data linked to variable pricing for AI software will go a long way toward providing the underlying data to help enterprises make more informed choices.

Plus, Data Ramp solution lets people process data without moving it; Rillet adds quarterly and annual financial reports, other features; and additional accounting tech news.

Experts shared the tools, trends and technologies they think will shape the next 12 months in accounting. We have included the full text of a broad selection of predictions here.

Experts shared the tools, trends and technologies they think will shape the next 12 months in accounting.