Quantexa Wins £175M Public Sector AI Deal With HMRC
HM Revenue and Customs has awarded a £175 million, decade-long contract to Quantexa, the London-founded artificial intelligence company, to overhaul...
News
Accounting technology news covering the developments that matter to finance professionals worldwide. Funding rounds, product launches, partnerships, regulatory shifts, and the industry moves shaping how accounting and finance teams work. For deeper analysis behind the headlines, explore our AI, Tax, and Compliance coverage.
PwC and OpenAI Launch AI-driven CFO Office Transformation
PwC and OpenAI have expanded their collaboration to build what they are calling the first AI-native finance operation at enterprise...
Zip Introduces AI Agents to Automate Complex Accounting Workflows
For most of its six-year existence, Zip has been a procurement company. It built a consumer-grade interface on top of...
Collective Acquires Open Ledger to Bolster AI-Driven Bookkeeping
Collective has agreed to acquire Open Ledger, an embedded accounting startup that builds API infrastructure for automated bookkeeping. The deal...
Monk Wins $25 Million Backing to Grow Receivables Platform
Monk has raised $25 million to automate the accounts receivable workflows that leave an estimated $3 trillion in accounts receivable...
Cleavr Raises €1 Million to Bring AI to Accounts Receivable Automation
Cleavr, a Paris-based startup that built an AI system to chase unpaid invoices, raised €1 million in a pre-seed round...
Klarity AI Partners with Forvis Mazars as 73% of Finance Leaders Bet on AI
Klarity AI partners with Forvis Mazars to accelerate AI-driven finance transformation for enterprise clients, combining the global advisory firm's consulting...
CFO Survey: Traditional Accounting Skills Losing Relevance in Finance
Of all the numbers in a recent CFO survey by cloud accounting provider iplicit, one lands hardest: 14%. That is...
Basis Attracts $100 Million From Investors in Series B Financing
Basis, the artificial intelligence startup building autonomous agents for the accounting profession, has reached a $1.15 billion valuation after closing...
Rivage Pulls in €2.6M to Grow Payroll Tools for Accounting Firms
Paris-based startup targets legacy software incumbents with AI-native platform backed by Partech and prominent angel investors. Rivage, the Paris-based payroll...
