Automation

As businesses struggle with the consequences of the coronavirus pandemic, technology providers are responding with more comprehensive offerings to simplify their operations.

“We founded Lockstep on the belief that accounting deserves better tools to keep their books in sync with trading partners," said co-founder Peter Horadan.

Vertex extends partnership with Adobe, new app provides disaster preparedness analysis, and a new analytics tool for property management is available.

Wells Fargo and Bill.com partner on AP automation for SMBs, and nine other developments in technology from the past month.

Now is the time for firms to be creative, thinking about new industry-specific applications and firm-specific pain points where AI could play a role.

Institute of Management Accountants president and CEO Jeff Thomson is predicting six major developments in the finance and accounting profession this year.

Avalara Managed Returns for Accountants automates sales tax preparation and filing, providing clients with a fully managed returns service.

Sovos will now be able to deliver payroll wage withholding support to customers reporting on the 941 series form.

Accounting and investment pros can’t audit sources and verify data quickly enough to ensure the information is both updated and accurate.

A recent survey shows that many bookkeepers have begun offering strategic advice this year — some without even realizing it.

Accountants can build the kinds of skills needed to stay relevant in a rapidly automating world, according to IMA president and CEO Jeff Thomson.

What exactly are bots and Botkeeper, and why is this of any interest to accountants?

Business Licenses provides software and services for the research, acquisition and management of business licenses, registrations and permits for businesses of all sizes.

Within corporate environments, accountants are essential team members when it comes to governance, risk and compliance, especially during the pandemic.

Automated technology makes it easier to provide extra services during these difficult times; and it also creates opportunity to move to value pricing.

Vendors can send their invoices to an email address, where Expensify will automatically scan them, present them to the business for approval, and then cut the vendor a check automatically from the user’s business bank account.

The recent announcement of potential financial transaction taxes in New York and New Jersey alongside new regulations represent a growing operational challenge.

A valued accountant is a holistic business advisor to clients, solving human problems that technology simply cannot — and will never be able to — solve on its own.