Tagged: accounting

April 15, 2023 @ 9:26 am By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, released the results of its latest survey, Controller’s Guidebook: The Great Recalibration – The Role of Technology in Retaining and Recruiting Accountants. Highlighting the impact of the talent crisis, The Great Resignation,… Read More

March 21, 2023 @ 9:19 pm By Omar Faridi  |  

Confluence Technologies, Inc., a global technology solutions provider helping the investment management industry solve complex investment data challenges, announced a partnership with FundGuard, the cloud native, AI-powered, multi-asset class investment accounting platform. The partnership will “combine functionality from Confluence’s fund administration platform Unity and Revolution,… Read More

March 20, 2023 @ 9:54 pm By Omar Faridi  |  

ForwardAI, a Fintech providing aggregated access to accounting and business data and analysis, announces the release of Precise API V2, the update to its streamlined API solution that connects and aggregates accounting data. The Precise API V2 provides financial institutions, fintechs, and lenders “with access… Read More

March 19, 2023 @ 2:48 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced its expansion into Australia and New Zealand, with plans to establish and scale a local headquarters in Sydney. With global interest increasing as FloQast establishes itself “as an emerging international leader… Read More

March 11, 2023 @ 1:06 pm By Omar Faridi  |  

Monite, an API-first embedded finance workflows startup, introduces Invoice Payment Links. It is described as “a hassle-free solution that enables invoicing and accounting platforms to earn two to five times per user by helping their clients to get paid 40% faster.” While many SMBs facilitate… Read More

March 6, 2023 @ 6:56 am By Omar Faridi  |  

Six in ten (63%) UK accounting and finance professionals are “concerned over the accuracy of their company’s monthly financial statements,” according to new research published by FloQast, a provider of accounting workflow automation. Accounting and finance teams are feeling “the pressure of the recessionary environment,… Read More

March 5, 2023 @ 8:05 pm By Omar Faridi  |  

TaxBit, the tax and accounting provider for digital assets, announced it has been selected by Cash App in order “to help provide the necessary crypto tax forms to the 10+ million Cash App users who have bought or held Bitcoin since 2019.” Lindsey Argalas, COO… Read More

February 24, 2023 @ 9:02 am By Omar Faridi  |  

Funding Circle (LSE:FCH) has announced a partnership with Sage, a firm focused on accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs). The collaboration “makes it simpler for small businesses to secure funding.” With the incorporation of Sage Accounting and Funding Circle’s… Read More

February 8, 2023 @ 8:37 am By Omar Faridi  |  

iwoca is announcing the integration of its B2B payment solution iwocaPay with Quickbooks’ accounting software package – this makes it “the first invoice checkout integration with a BNPL option for businesses that integrate with QuickBooks.” Quickbooks supports UK businesses “with their accounting needs via a… Read More

January 30, 2023 @ 11:27 pm By Omar Faridi  |  

Wafeq, a modern and easy-to-use accounting platform, has announced the completion of its $3 million seed round. The Dubai-headquartered company’s seed round was “led Raed Ventures by and saw participation from Wamda Capital, both of which are two of the most prominent names in the… Read More

December 28, 2022 @ 4:07 pm By Omar Faridi  |  

As digital assets became more widely accepted, the need “for corresponding tooling to meet accounting, reporting and tax requirements of both individuals and corporate users grew,” according to an update from FT Partners. Initially operating largely out of sight, tax authorities across the globe “noted… Read More

December 16, 2022 @ 9:17 pm By Omar Faridi  |  

STP Investment Services (STP), a global, technology-enabled, end-to-end investment operations service provider, announced it has acquired WealthSite, a firm that provides “a fully integrated and highly customized accounting, portfolio management, reporting and analytics platform to single and multi-family offices, traditional wealth advisory firms and money… Read More

December 6, 2022 @ 10:53 am By JD Alois  |  

Osome has raised $25 million in Series B funding from global investors, according to a company statement. Investors include Illuminate Financial, AFG Partners, and Winter Capital.  Osome raised $16 million in Series A funding in 2021. Osome is described as a “financial admin super-platform” designed… Read More

December 2, 2022 @ 10:08 am By Omar Faridi  |  

Decimal, a Fintech company offering bookkeeping and accounting operations for small and medium-sized businesses (SMBs),  announced it “has acquired the cloud-based bookkeeping service and certain other assets of KPMG Spark, owned by Big Four tax, accounting and advisory firm KPMG LLP.” Financial terms “were not… Read More

November 23, 2022 @ 9:37 am By Omar Faridi  |  

Coconut notes that starting a self-employed business is “easier than ever, but the finance tools available haven’t improved for decades.” New laws mean 4m+ UK taxpayers will “have to do 5x more tax returns.” Coconut’s accounting software is “helping accountants get their sole traders &… Read More

November 20, 2022 @ 10:50 pm By Omar Faridi  |  

Xeni’s XeniPay solution launched recently on the Hedera Mainnet. XeniPay is designed “to help travel inventory consolidators, service providers, and online travel agencies reduce accounting, reconciliation, and settlement costs for B2B transactions.” Today, the travel industry is “plagued by a convoluted settlement process for B2B… Read More

October 27, 2022 @ 4:47 pm By Omar Faridi  |  

IRIS Software Group, a global software provider of accountancy solutions, announced it has acquired Thomson Reuters myPay Solutions, a trusted online payroll processing service designed to empower CPAs. myPay Solutions “provides comprehensive outsourced payroll and associated banking and tax services via CPA firms to small… Read More

October 21, 2022 @ 3:44 pm By Omar Faridi  |  

Bookkeep, the “smarter” accounting automation platform, announced a $6.6 million seed+ round of funding led by Fin Capital, “with participation from existing investors TTV Capital, Argonautic Ventures, Lerer Hippeau, Haymaker Ventures, and others.” This investment round brings Bookkeep’s total funding “to $10 million, following a… Read More

October 20, 2022 @ 7:59 pm By Omar Faridi  |  

ForwardAI, a fintech providing aggregated access to accounting & business data and analysis, announced its partnership with FinTech Automation, a financial technology company that allows fintechs and traditional financial institutions (FIs) to offer various embedded finance and banking-as-a-service products. Through the partnership, FinTech Automation will… Read More

October 7, 2022 @ 7:52 am By Omar Faridi  |  

Aryza, which claims to be the expert developers of software solutions for the sectors of insolvency, credit and debt recovery, has announced a partnership with Validis, an open accounting platform, in order “to develop an open finance solution that will help business lenders obtain better… Read More