Automation

The Committee of Sponsoring Organizations of the Treadway Commission published a framework for imposing internal controls over robotic process automation.

The financial operations platform's latest release features enhancements to its professional cloud as well as bolstered AI, analytics and automation capacities.

The fiscal year-end brings a cycle of intense workloads that can extend into the new year, as accountants and auditors work to close the books.

Over-reliance on artificial intelligence carries concerns that cannot be overlooked. Technology can't replace critical thinking and professional skepticism.

KPMG research has found gen AI has a 3-17% EBITDA impact, but this is no reason to replace human accountants.

Plus, TaxBit launches platform for both traditional and digital finance; Mastercard releases business solution platform; and other news.

the accounting solutions provider is expanding to all small businesses after mainly concentrating on the bookkeeping needs of venture backed startups.

In an age where every dollar counts, AI is emerging as a game-changer in helping businesses optimize their cash flow processes with precision and scalability.

SAP announced improvements to its spend management and business network solutions, not least of which is the embedding of a generative AI assistant.

While other industries rapidly adopt data-driven solutions like artificial intelligence (AI), many CPA firms still rely on spreadsheets and processes that merely digitize the traditional paper-based approach.

Once AI handles all the boring and unpleasant tasks for accountants, what boring and unpleasant tasks will replace them?

Accounting ERP provider Acumatica announced its 2024 R2 launch, with hundreds of new features and capacities, many of which center around automation, integrations and enhanced accuracy.

Many companies grapple with fragmented systems, outdated procedures and a general lack of integration.

Plus, Crowe solution streamlines financial spreading process; Patriot Software releases new payroll, compliance tools; and other accounting tech news.

Sage's new generative AI Copilot solution, set for U.S. release later this year, is meant to make powerful automation capacities more accessible.