ERP systems are powerful for core operations. But indirect tax is a different beast. It demands specialized capabilities that most ERP platforms simply can't deliver.

Plus, Acumatica rolls out 2025 R2 release; Qount announces AI-Powered 1099 Workflow solution; and other accounting tech news and updates.

Entry-level job postings for financial services fell 24% since last January, due to AI automating tasks traditionally performed by junior talent, according to Randstad.

The Treasury Department reported it has made significant progress on modernizing information systems at the Internal Revenue Service and signed agreements.

The ongoing technological revolution that is reshaping industries of all kinds has been both a boon and a looming existential crisis in the accounting field.

AI can, in theory, make people more productive. But the results of a recent study show this is not guaranteed, as people report receiving low quality AI "workslop" outputs that paradoxically increase the amount of work.

Audit teams rarely know when client data will arrive, how complete it will be and in what form it will show up.

Plus, Workday rolls out host of new AI agents, introduces "flex credits"; Canopy Smart Intake now includes AI-driven document requests; and other tech news.

As firms seek to build more diverse, high-performing teams, understanding how algorithmic bias works—and how to mitigate is no longer optional.

Accounting software provider FloQast announced that users can now craft their own AI agents through natural language prompts, alongside several new AI-based capacities for the platform.

Tax management platform Instead is planning to offer completely free tax return preparation and filing for Forms 1040, 1041, 1120, 1120-S and 1065.

The Financial Accounting Standards Board posted an accounting standards update to improve the guidance on accounting for internal-use software costs.

Chief financial officers are no longer just a part of implementing the corporate strategy — they are playing significant roles in creating it.

More than half of tax practitioners use AI for research, but don't count out the classic search engine, which remains an essential tool for many.

Plus, top tools for your home office, the return of the in-person interview and other developments in technology this past month and how they'll impact your clients and your firm.

AI is only as good as the input it receives. If you feed it vague, biased or incomplete information, you'll get vague, biased or incomplete results.

Top 10 firm CBIZ released a new AI solution, Vertical Vector AI, developed specifically for middle-market businesses.

Taxpayers who believed cryptocurrency offered privacy now face an environment where the IRS can access their data.