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Cloud Accounting stories

AI adoption boosts UK accountants' profits, Xero says
Data Analytics

AI adoption boosts UK accountants' profits, Xero says

Firms embedding AI in daily workflows are saving hours each week and posting more than double the profit margins of rivals, Xero says.

By Karen Joy Bacudo • 5 min read • Last month
Making Tax Digital pushes sole traders to incorporate
Financial Systems

Making Tax Digital pushes sole traders to incorporate

Nearly a quarter of affected sole traders have already set up, or started setting up, a limited company as quarterly reporting looms.

By Karen Joy Bacudo • 4 min read • Last month
FreeAgent partners Equali on eCommerce reconciliation
Software-as-a-Service

FreeAgent partners Equali on eCommerce reconciliation

Online sellers using multiple marketplaces could cut manual work as FreeAgent links its accounts to Equali for automated reconciliation.

By Joseph Gabriel Lagonsin • 4 min read • Last month

Global Stories

Cloud Accounting stories

Xero expands AI tools for accountants & small firms
Software-as-a-Service

Xero expands AI tools for accountants & small firms

The update is aimed at cutting hours of manual bookkeeping for small firms as rivals race to embed AI into finance workflows.

By Joseph Gabriel Lagonsin • 5 min read • Last month
Xero expands AI, payroll and payments tools for businesses
Software-as-a-Service

Xero expands AI, payroll and payments tools for businesses

Small businesses and accountants could save time on reconciliation and month-end work as Xero widens AI tools across payroll, payments and reporting.

By Karen Joy Bacudo • 4 min read • Last month
FloQast study finds AI leaders close books two days faster
Software-as-a-Service

FloQast study finds AI leaders close books two days faster

AI-mature finance teams are trimming the month-end close and manual work, widening the gap with peers still early in adoption.

By Sofiah Nichole Salivio • 4 min read • Last month
Moss raises EUR €35 million in Portage-led funding
Software-as-a-Service

Moss raises EUR €35 million in Portage-led funding

Valuation of the Berlin finance software group has reached EUR €1 billion as it plans AI tools that keep finance teams in control.

By Karen Joy Bacudo • 4 min read • Last month
Nuvei & BlackLine add payments to invoice workflow
Software-as-a-Service

Nuvei & BlackLine add payments to invoice workflow

Finance teams using BlackLine can now collect and reconcile payments in one place, potentially speeding cash flow across 190 markets.

By Karen Joy Bacudo • 4 min read • Last month
AccountsIQ ties up with Abacum on finance planning
Software-as-a-Service

AccountsIQ ties up with Abacum on finance planning

Mid-market finance teams could cut manual uploads and spreadsheet handovers as actuals flow directly from accounting into planning software.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Growing bigger and growing more complex are finally being treated as two different things
Software-as-a-Service

Growing bigger and growing more complex are finally being treated as two different things

Australian mid-sized firms may finally get serious accounting tools without paying ERP costs or enduring months of disruption.

By Phillip Vella • 6 min read • Last month
KnowBe4 names Andrew Kanzer as Chief Growth Officer
Software-as-a-Service

KnowBe4 names Andrew Kanzer as Chief Growth Officer

The appointment signals KnowBe4's push to widen sales and enter new markets as cyber vendors adapt to AI-driven workplace risk.

By Mark Tarre • 3 min read • Last month

Stories from Other Regions

Cloud Accounting stories

Xero wins Canstar award for small business software
Software-as-a-Service

Xero wins Canstar award for small business software

Australian small businesses rated the software highest for easing admin, with users praising its reporting, integration and ease of use.

By Karen Joy Bacudo • 4 min read • Last week
Canadian small businesses unaware of open banking law
Software-as-a-Service

Canadian small businesses unaware of open banking law

Many still share banking logins with advisers as a survey found 82% of owners had not heard of Canada's new open banking law.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Xero unveils US payroll & payments push with Gusto
Software-as-a-Service

Xero unveils US payroll & payments push with Gusto

Small businesses may be able to run payroll, payments and bookkeeping in one system as Xero deepens its US push with new tools.

By Karen Joy Bacudo • 3 min read • Last month
Myob links small business data to Claude & ChatGPT
Software-as-a-Service

Myob links small business data to Claude & ChatGPT

Australian small businesses will be able to query MYOB financial data in Claude and ChatGPT, including overdue invoices and profit figures.

By Karen Joy Bacudo • 4 min read • Last month
Intuit adds AI features to mid-market finance software
Software-as-a-Service

Intuit adds AI features to mid-market finance software

Mid-market finance teams can now query company data in plain English as Intuit rolls out AI tools that automate close, reporting and payments.

By Karen Joy Bacudo • 5 min read • Last month
Xero launches US payroll service via Gusto integration
Software-as-a-Service

Xero launches US payroll service via Gusto integration

The service lets small US businesses run pay, accounting and payments in one system, cutting admin and missed-payroll risk.

By Karen Joy Bacudo • 3 min read • Last month