Accounting stories - Page 3

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

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

BlackLine has been recognised in the 2025 Forrester Report for its innovative use of AI in accounts receivable automation, enhancing accuracy and reducing bias.

BlackLine has unveiled its 2024 Global and Regional Partner Awards, honouring firms for advancing future-ready finance operations in a digitally evolving landscape.

As the accounting and advisory sector transforms through technology, firms are harnessing insights from platform economies to boost efficiency and profitability.

Multiverse Partners Technology has launched the SELODE Mother Box, an AI device for SMEs in Australia, providing secure, on-premise data management.

A new analysis reveals that job postings mentioning Generative AI have tripled in Australia, highlighting varied adoption trends across sectors.

New Zealand firm Orb360 is set to enter the Australian market, employing a unique model that pairs Kiwi accountants with counterparts in India.

Quadient forecasts that by 2025, blockchain will revolutionise finance teams, enhancing transaction accuracy and transparency in a challenging skills landscape.

A new Indeed analysis reveals that 11.6% of Australian job postings prioritise basic digital skills, overshadowing AI expertise at just 2.2%.

Australian venture capital firm Rampersand leads a AUD $5.1 million funding round for Restoke.ai to boost its US market expansion and transform restaurant operations with AI.

Despite rising unemployment, Australia's finance and accounting job market stays strong, with 92% of businesses intending to sustain or boost permanent roles by year-end.

Top AI startups, including Anyscale, Clarifai, Cohere, and SymphonyAI, are using Oracle NetSuite to streamline operations, reduce costs, and enhance business insights.

As mid-size businesses gear up for digital transformation, prioritising the finance function may offer the most strategic opportunities for immediate gains.

Australian workers are embracing AI, with 67% using it weekly and saving at least three hours, finds Freshworks 2024 Global AI Workplace report.

Trustwave's latest report unveils a surge in ransomware and tech-based attacks on professional services firms, stressing the urgent need for stronger cybersecurity measures.

Xero has revealed its AI-powered business companion, Just Ask Xero (JAX), to boost accuracy in accounting tasks, launching a beta in August.

Kroll appoints Jon Rowell as Head of APAC to enhance strategy and growth initiatives from Sydney. Rowell brings 30+ years of global advisory expertise.

BlackLine has topped ISG's latest study in both the Invoice to Cash (I2C) and Record to Report (R2R) categories, marking a significant achievement.

In a strategic partnership, small business platform Xero invests USD $25 million in shift work platform Deputy to offer comprehensive business solutions, integrating the companies' accounting, payroll, and workforce management systems.