April, a tax program that leverages artificial intelligence, closed a $38 million Series B fundraise.

Intuit announced the release of new proactive AI agents for its Intuit Enterprise Suite, in addition to enhanced automation, business intelligence and financial management capabilities.

Canopy announced the availability of its new Smart Intake solution, to automate client intake and onboarding, fully embedded in Canopy's unified platform.

Aprio announced it has acquired AI accounting assistant platform TimeCredit, a 2024 AICPA and CPA.com Startup Accelerator company, as part of a larger $300 million investment in AI and automation.

Tax compliance solutions provider Sovos announced new AI capacities, called "Sovi," not as a standalone feature, but as an intelligent layer embedded throughout the compliance lifecycle.

AI and AI agents will no doubt do a lot of work in a lot of industries in the very near future. But generative AI still carries the risk of creating incorrect or fabricated information.

Amid cost pressures, more than a third of finance leaders have paused at least some capital spending and cut costs in virtually all areas except for AI.

Plus, Sage launches Tap to Pay feature; UHY offers CCMP accelerator courses; and other accounting technology news and updates.

Can we really advocate for more CPA candidates when the accounting profession lacks the infrastructure and support to keep the ones we already have?

Plus, the agentic future of customer service and support; CEOs have mixed results with AI and cybersecurity; and upgrades to Microsoft Teams.

Deloitte said its auditors will now have enhanced agentic AI capacities within Omnia, the firm's global cloud-based audit and assurance platform.

Plus, Abacus announces $6.6 million seed funding for agentic AI assistants; and other news and updates from the accounting tech arena.

Finance professionals are in an unusual position where they sometimes must translate between engineering and business leaders.

Ramp released of its first set of AI agents, "built and trained to think like your sharpest controller and work like a thousand of them—around the clock."

A joint report by the AICPA and Chartered Professional Accountants Canada said the rapid rise of AI opens up opportunities to provide independent assurance.

Tax solutions provider Avalara released its newest AI offering, Avi for Tax Research, a generative AI-based solution embedded in Avalara Tax Research.

This powerful technology, capable of autonomously managing multiple accounting tasks, demands careful and responsible implementation.

Plus, FileAI announces V2 platform launch; Foxit launches PDF and Document Workflow APIs; and other accounting tech updates.