Accounting stories

AI is rapidly transforming accounting, shifting roles from bookkeeping to strategic advising and reshaping how firms deliver value amid economic challenges.

Stacks launches an AI platform using agentic technology to streamline finance workflows, cutting financial close times by 50% for accounting teams.

FloQast teams up with Deloitte Australia to enhance financial processes using AI, aiming to boost efficiency and accuracy in accounting across industries.

BillingPlatform launches RevenueIQ, an AI suite to help finance teams automate tasks, predict trends, and optimise cash flow using billing data analysis.

Gen Z professionals in Southeast Asia demand greater workplace flexibility, prioritising well-being and challenging traditional hustle culture norms to improve work-life balance.

Auditing and time management will be the top skills sought for finance roles in Malaysia by 2025, as compliance falls behind other priorities.

Ignition and Karbon have integrated to automate billing and workflows, boosting efficiency for accounting firms by streamlining client onboarding and payments.

Wolters Kluwer updates CCH iFirm platform with AI and new tools to boost efficiency and client management for accountants in Australia and New Zealand.

iplicit and Cin7 have teamed up to offer UK SMEs in wholesale and distribution integrated cloud accounting and inventory management solutions.

Sage has extended its Embedded Services to North America and Europe, enabling partners to integrate accounting tools directly into their platforms for SMEs.

Dext launches Vault and Dext Self-Employed in North America, using AI to streamline document management and bookkeeping for accountants and small businesses.

FloQast and PwC Belgium partner to enhance accounting for EMEA firms using AI-driven workflow tech and financial closing expertise for efficiency.

Australian SMEs face major challenges with slow cash flow and payment reconciliation, losing hours weekly and risking $50,000–200,000 in disputes, Adyen finds.

Sage advances its AI collaboration with AWS, enhancing financial tools and compliance support for SMBs across multiple countries with smarter, faster solutions.

A survey reveals 52% of Australian office workers would switch jobs for a 22% pay rise, though 48% prioritise job security over salary increases.

UK marketing teams lead AI adoption with just 2% resistance, while legal professionals show the highest scepticism at 19%, reveals Freshworks report.

As businesses add subsidiaries, basic accounting software falters, creating manual woes and scaling issues that cloud ERP systems can resolve efficiently.

Ignition integrates with Wolters Kluwer's CCH Axcess to automate engagement and payments, helping US accounting firms reduce inefficiencies and boost revenue.

French firm Geoficiency has launched its AI-driven accounting controls platform in the UK to help firms comply with new fraud regulations coming in 2025 and 2026.

Tempo appoints Jenny Decker as new CFO, leveraging her 15+ years in SaaS to steer global finance and operations from San Francisco.