Accounting stories
Accounting firms could cut manual work as Karbon's early-access Kai AI uses platform data to draft tasks, insights and workflows.
As inDrive expands beyond ride-hailing, the new Chief Financial Officer will steer finance after gross bookings rose 30% to USD $6.4 billion.
AI is freeing OpenAI's finance staff from routine work, shifting effort towards analysis, controls and judgement across tax and investor relations.
Small businesses and accountants can now automate month-end close and approvals without coding, as early access opens to XeroForce.
Auditors could cut review time sharply as Caseware's new system keeps AI guidance inside regulated workflows with citation-backed controls.
The new tools give life sciences finance teams clearer trial spending forecasts and scenario planning after a USD $24 million Series A round.
Australian consumers unsure about sharing bank data now have a plain-language guide as PocketSmith expands its use of consented open banking feeds.
Finance teams are losing 12.9 hours a week to checking AI outputs, as most leaders reject systems that cannot explain themselves.
US audit firms are now scrutinising AI outputs more closely as adoption spreads and concerns over judgment and compliance persist.
Independent accountants could cut preparation time sharply as a rebrand signals Current's wider bet on AI tools and shared services.
Broader dataset analysis has helped Pinion trim a complex review from 200 hours to 150, while improving client discussions.
More than a quarter of owners fear the economy will worsen their strain as tax time and compliance pressures erode productivity and sleep.
Payroll teams face growing privacy risks as software providers increasingly reserve rights to use salary data to train AI models.
Tight margins and labour shortages are pushing cafés, restaurants and bars to automate receipts and invoices, cutting hours of admin work.
Office attendance rules are pushing 57% of UK finance workers towards quitting, as commuting costs and burnout deepen recruitment woes.
Finance teams are under growing pressure to deliver sharper analysis, with new courses aimed at building AI and data skills fast.
Rugby clubs and provincial unions will get discounted accounting software as Xero deepens ties with New Zealand Rugby beyond branding.
Companies are finding that AI boosts performance only when it removes repetitive work, with human judgement still needed to prevent errors and burnout.
Month-end reporting could move faster for finance teams as a new assistant takes on routine close tasks while humans keep final sign-off.
Ghost assets can distort reporting and compliance, with SoloTruth's new platform aiming to keep fixed-asset records aligned with reality.
