Automation

Three-year-old startup Fieldguide raised $30 million in funding to further its goal of using AI to alleviate an acute shortage of accountants worldwide.

Plus, Chime now offers in-app tax filing; Financial Cents' new ReCats tackles uncategorized client transactions; and other accounting tech news.

As accounting leaders use technology to increase efficiency and reduce workloads, they're finding further benefits in the form of improved accuracy and quality.

Finance departments have a powerful opportunity to help organizations remedy one of their most pressing concerns — late payments.

Plus, Baker Tilly solution helps find clean energy credits; and other updates from the accounting tech world.

Accountants are known to be "good with numbers," but that doesn't mean they enjoy entering the same data repeatedly into different systems.

Just as tired pilots and crew members pose risks to flight safety, auditors fatigued from excessive workloads compromise the quality and reliability of audits.

Controllers use many different tactics to speed up the close, but most of them find it challenging to shorten their close to fewer than seven days.

An analysis by the Washington Post found the generative AI chatbots from both companies can give tragically wrong tax answers.

Short-term thinking by auditors may surrender strategic high ground to outside challengers.

Rachel Fisch, recently named the general manager for Dext in North America, said the company plans to expand its footprint in this market.

Plus, Vic.ai announces fee transition; and other updates from the accounting tech arena.

Plus, Sovos debuts Compliance Cloud for tax compliance and regulatory reporting; and other accounting tech news.

A recent survey of accountants shows professionals admitting to mistakes at a rate between several per week to several per month.

Plus, LeaseCrunch offers webinar on ASC 842 basics; and other accounting technology news.

But the more you automate, the more human you have to be.

Plus, Schneider Downs launches SD Digital group; and other updates from the accounting technology world.

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