Technology

Here's why modern lease management is essential for financial planning, cross-departmental collaboration and compliance.

Pennylane, a French startup that sells accounting software, has raised €175 million ($204 million) in a funding round led by growth equity investor TCV.

Plus, Emburse announces Invoice Tax Validation; TaxStatus releases tax prep checklist, tax return history; and other accounting tech news and updates.

The number of organizations that have deployed AI agents grew twofold in the past year, sparking changes in hiring patterns and market dynamics.

While AI has increased gross productivity, net gains have been eroded by the time and effort needed to review and correct AI outputs.

The software will be used by both the firm's professionals and its clients to collaboratively manage corporate tax engagements in the same platform.

Neuberger Berman is buying a $1.2 billion minority stake in tax advisory and software provider Ryan LLC.

Digital transformation ranked as the top priority of CFOs, according to a Deloitte survey, followed by cash management optimization and capital allocation.

When context is missing, accountants spend their time searching, validating and double-checking instead of analyzing and advising.

Usage data linked to variable pricing for AI software will go a long way toward providing the underlying data to help enterprises make more informed choices.