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Xero adds AI tools to JAX for small business finance
Software-as-a-Service

Xero adds AI tools to JAX for small business finance

The rollout aims to cut manual bookkeeping and speed cash flow decisions for Xero's 5 million customers worldwide.

By Karen Joy Bacudo • 4 min read • Last week
Finance leaders lose AI gains to verification work
Software-as-a-Service

Finance leaders lose AI gains to verification work

Many finance teams are spending the equivalent of days a week checking AI outputs, wiping out hoped-for productivity gains and slowing adoption.

By Sofiah Nichole Salivio • 4 min read • Last week
Microsoft taps finance body to guide Copilot in Excel
Enterprise Resource Planning

Microsoft taps finance body to guide Copilot in Excel

The move puts human checks at the centre of AI-assisted modelling, as finance teams face greater scrutiny over errors in Excel outputs.

By Karen Joy Bacudo • 4 min read • Last month
Ramosedi elected CIMA president in leadership change
Digital Transformation

Ramosedi elected CIMA president in leadership change

His appointment puts a South African at the head of CIMA as the profession grapples with AI, trust and talent shortages.

By Mark Tarre • 3 min read • Last month
Thomson Reuters warns of AI execution gap in firms
Data Protection

Thomson Reuters warns of AI execution gap in firms

Client mandates and staff retention are at risk as most professional services firms struggle to turn widespread AI use into daily practice.

By Karen Joy Bacudo • 4 min read • Last month
Zato hails AI agents for accountants amid staff squeeze
Digital Transformation

Zato hails AI agents for accountants amid staff squeeze

Firms facing a deepening hiring crunch may use specialist AI agents to handle routine accounting tasks as regulatory workloads rise.

By Karen Joy Bacudo • 4 min read • Last month
AI tax research use nearly doubles at accounting firms
Digital Transformation

AI tax research use nearly doubles at accounting firms

Routine tax workflows are shifting as 60% of US accountants now use AI weekly, with many expecting billing models to change.

By Karen Joy Bacudo • 4 min read • Last month
Karbon launches Kai AI coworker for accounting firms
Software-as-a-Service

Karbon launches Kai AI coworker for accounting firms

Accounting firms could cut manual work as Karbon's early-access Kai AI uses platform data to draft tasks, insights and workflows.

By Karen Joy Bacudo • 4 min read • Last month
inDrive names Abhey Lamba as Chief Financial Officer
Cisco

inDrive names Abhey Lamba as Chief Financial Officer

As inDrive expands beyond ride-hailing, the new Chief Financial Officer will steer finance after gross bookings rose 30% to USD $6.4 billion.

By Sofiah Nichole Salivio • 4 min read • Last month
OpenAI finance chief says AI is reshaping finance jobs
Digital Transformation

OpenAI finance chief says AI is reshaping finance jobs

AI is freeing OpenAI's finance staff from routine work, shifting effort towards analysis, controls and judgement across tax and investor relations.

By Karen Joy Bacudo • 7 min read • Last month

Stories from Other Regions

Accounting stories

BDO UK partners with MindBridge on audit analytics
Data Analytics

BDO UK partners with MindBridge on audit analytics

The move will let auditors review entire ledgers for anomalies, as BDO UK seeks to lift quality and reduce manual sampling ahead of year ends.

By Karen Joy Bacudo • 4 min read • Last month
UK finance roles demand AI experience as skills lag
Data Protection

UK finance roles demand AI experience as skills lag

Only about one in 10 senior finance candidates can prove practical AI use, leaving UK employers short of leaders able to meet new hiring demands.

By Karen Joy Bacudo • 4 min read • Last month
Record OS launches with USD $2 million pre-seed raise
Software-as-a-Service

Record OS launches with USD $2 million pre-seed raise

The UK tax overhaul is set to bring more self-employed workers and landlords online, creating demand for cheaper filing tools with human checks.

By Karen Joy Bacudo • 3 min read • Last month
AICPA & CIMA launch Rise2040 on AI's finance future
Data Analytics

AICPA & CIMA launch Rise2040 on AI's finance future

Accountants face a shift towards advisory work as AI and data tools reshape finance, with trust and judgement remaining vital.

By Karen Joy Bacudo • 5 min read • Last month
Pinion cuts 25% finance review time with MindBridge AI
Manufacturing

Pinion cuts 25% finance review time with MindBridge AI

Broader dataset analysis has helped Pinion trim a complex review from 200 hours to 150, while improving client discussions.

By Karen Joy Bacudo • 4 min read • Fri, 29th May 2026
Xero warns of stress crisis for Australian small businesses
Fintech

Xero warns of stress crisis for Australian small businesses

More than a quarter of owners fear the economy will worsen their strain as tax time and compliance pressures erode productivity and sleep.

By Karen Joy Bacudo • 4 min read • Fri, 29th May 2026
iPayroll warns firms over AI data risks in payroll
Software-as-a-Service

iPayroll warns firms over AI data risks in payroll

Payroll teams face growing privacy risks as software providers increasingly reserve rights to use salary data to train AI models.

By Sofiah Nichole Salivio • 3 min read • Wed, 27th May 2026