Technology

Plus, Sikich launches data analytics practice; and other accounting technology news and updates.

With a vast array of options available, selecting the right software can be overwhelming.

Neither the IRS nor Congress has specifically addressed the tax deductibility of ransomware payments made to hackers, nor has FASB.

Plus, Intuit introduces QuickBooks Money, Google's AI assistant gets very personal, and seven other things that happened in technology this past month.

A recent report from credit rating agency Moody's found organizations have increased their spending on cybersecurity by 70% over just four years.

Public company executives are also aiming to push third parties they deal with to boost their security, too.

Firms need to develop new retention strategies, pairing automation with the changing role of the accountant.

Over 40 technology leaders discussed their recent accomplishments and plans for the future, and nearly all of them involved AI in some form, mostly for insights and workflow automation.

Plus, CPACharge rolls out automated invoicing feature; and other news and updates from the accounting technology world.

The sooner you take an active approach to artificial intelligence, the less overwhelmed you'll feel about it.