Bookkeeping

Plus, FloQast launches governed workflow agents, AI journal review; CPA Crossings launches AI-enhanced CPE management; and other accounting tech news.

Nearly one in seven bookkeeping, accounting and auditing clerks in America is age 65 or more, and in some metropolitan areas it's nearly one in four.

Accrual, generally known as a tax and practice management solutions provider, has acquired the technology and business of AI-guided bookkeeping and accounting solutions provider Puzzle.

Plus, Workday touts new Financial Audit Agent; Cherry Hill Advisory launches AI-enabled internal audit services; and other accounting tech news and updates.

There was a time, not long ago, when bookkeeping firms were apprehensive of cloud solutions. Those days are fading for modern bookkeepers.

The firms that benefit most are not treating AI as a replacement for the accountant's judgment. They are treating it as infrastructure: the parts that should have been automated years ago finally being automated.

Bookkeeping, tax and outsourced CFO services company Pilot announced Meridian, which is said to perform the full scope of bookkeeping and financial reporting.

"Will AI automate bookkeeping?" is now settled. Yes, it will. In many firms, it already has. And for the firms that haven't adopted it yet, their clients are starting to. The more useful question is what happens after.

Plus, Suralink introduces Workpaper Suite Intelligence; Xero announces Xero Coaches; and other news and updates from the accounting tech world.

Digits announced that accountants will only pay for clients if the Digits platform successfully automates 95% or more of transactions with zero human touch.

Minimizing time spent on tasks like bookkeeping and focusing on advisory work freed me to deliver more value to clients and build a more scalable practice.

Up in smoke; contingency planning; disaster strikes; and other highlights from our favorite tax bloggers.

AI-focused accounting ERP provider DualEntry tested some of the most popular AI models on various accounting workflows and found that, at best, they're 77.3% accurate.

While Xero has spent years adding AI features, this is the year it intends to spread the technology throughout the core of its product.

Plus, new Emburse tool uses AI to prevent errors before they start; Bill touts new agents, enhancements to existing ones.

The tax solutions provider isn't aiming to compete with CPAs.

Bookkeeping automation solutions provider Botkeeper is closing down. The company made the announcement over the weekend.

The new Pilot AI Accountant claims to run the entire bookkeeping and financial reporting process with zero need for human intervention.

Pilot's Local Partner Program provides software and automation capabilities, as well as advisory services and sales enablement tools, to independent bookkeepers and accounting firms.