Accounting stories
Fewer expense errors are cutting admin for finance teams, with immediate approvals jumping to 26.8% as rejection rates slipped to 2.26%.
Despite widespread licences, only 11% of Australian and New Zealand firms have deeply embedded AI, leaving work routines largely unchanged.
Regulatory and administrative hurdles are deterring Latin American expansion more than tax, with friction averaging 61 against 26 across eight markets.
The recognition underlines growing demand for AI skills in bookkeeping, as MYOB and the institute train practitioners to support small businesses.
Small businesses are being urged to judge purchases on cash flow and need, as the instant asset write-off no longer forces June rush buys.
Small firms risk a cash squeeze as tax, wages and super all fall due before Christmas, while customer payments slow into January.
Finance teams at B2B software and AI companies could cut manual reconciliation work as invoice and revenue data now syncs automatically between the systems.
The move could simplify cross-border giving and bill payment for churches, while helping Chaney & Associates add about 50 clients a year.
More than 13,000 customers can now use the new tools to analyse data and trigger actions in NetSuite while keeping permissions unchanged.
The update targets a stubborn manual task in accounts payable, letting finance teams automate line-level coding on invoices without purchase orders.
The read-only feature lets firms query client cash positions and compliance data in plain language, while keeping records unchanged.
Late-arriving receipts, approvals and invoices force finance teams into repeated month-end firefights, wasting time that should be spent on judgement.
Businesses can now delegate more complex finance, HR and supply chain work to governed AI, as Oracle expands its agentic software suite to 75 applications.
Payroll mistakes can trigger wage theft claims, personal liability and reputational damage for Australian SMBs, even after honest errors.
Progressive accounting firms in the US are generating 28% more revenue per employee, according to a Karbon study of 1,200 survey responses.
The new funding will help the New York-based startup expand AI software that already cuts routine finance work by 90% for customers.
Existing customers can set up the service in under 15 minutes, as Mercury folds wage payments, tax filing and benefits into one platform.
US tax and audit teams can now use a workflow that links calculations to source authority, aiming to cut manual review and drafting time.
The deal will give Aline's firms one system for audits, cutting duplication as the network scales while keeping local client service in place.
Australian small businesses and accountants will get more automated bookkeeping help as Intuit rolls out its AI platform in QuickBooks and Accountant Suite.