Expense management

Developing an AI system can carry a hefty price tag that includes not just the coding of the system itself but secondary costs like labor, training and data fees.

The emergence of virtual cards, especially when combined with AI-powered fintech apps, offers accountants a new approach to solving a long-standing challenge.

Finance platform Rho launched the Rho Partner Portal for Accountants, a version of Rho designed specifically for partners with Rho who are accountants.

Travel and expense solutions provider Navan released Navan Accountant Console, a dedicated solution made specifically for accounting firms.

Plus, Paystand enhances support for Microsoft Dynamics; and other accounting tech updates.

Plus, Xero goes from $113 million loss to $175.9 million profit; and other accounting technology news.

Plus, Estateably touts new accounting tools for estate planning; and other accounting tech news and updates.

Plus, Settle offers three-way matching for purchase orders; Modern Treasury introduces Professional Services offering; and other accounting tech news.

Plus, LeaseCrunch offers webinar on GASB 87, 96; and other accounting technology news.

What do these changes mean for taxpayers and how can accountants help manage the impact?