Accounting news and trends

FreshBooks to Add Latest Stripe Connect Features to Accounting Software
Partnerships // April 25, 2024

FreshBooks will add a payment solution with the latest Stripe Connect features to its cloud-based accounting software for small businesses and accountants. The new FreshBooks Payments will be available this summer, enabling business owners to accept payments seamlessly, FreshBooks said in a Thursday (April 25) press release. “As one of the...

Countsy Debuts Platform to Streamline Back-Office Management
Back-office // April 23, 2024

Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and team collaboration. “We designed our new portal to streamline the often complex back office operations...

Fieldguide Raises $30 Million to Combat CPA Shortage With AI
Investments // March 26, 2024

Artificial intelligence (AI) startup Fieldguide has raised $30 million for its accounting industry offering. The Series B funding round, announced Tuesday (March 26), will let the company launch new AI capabilities, expand its market reach, and add to its team as it tries to alleviate what it says is...

Collective Debuts AI-Powered Accounting Tool for Solopreneurs
B2B Payments // March 19, 2024

Collective has debuted an artificial intelligence (AI)-powered accounting platform designed for one-person operations. “As freelancers delve into the administration needed to properly pay their taxes and keep their books up to date, they’ve been shocked by their choices: pay expensive local accountants and bookkeepers that often leave...

Interviews & Exclusives
Tax Compliance Process Changes With Electronic Invoicing

March 19, 2024
Steve Sprague, chief strategy and product officer at Sovos, told PYMNTS in a recent interview that tax compliance is changing — from an intermittent activity to a continuous one. In the past, corporate back offices were satisfied with legacy accounting systems and may have assumed that those systems will extract a “big enough file” to […]

Closing the Books on the Global Challenge of X-Border Accounting

February 06, 2024
One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle up business’ plans to tap...

Time for CFOs to Break the AP/AR Automation Bottleneck 

July 31, 2023
Today’s CFOs find themselves more and more in the driver’s seat.  But that doesn’t mean the road ahead is a clear one.  Coming out of a choppy past couple years into...

Real-Time Data Breaks Monthly Accounting Rituals

March 29, 2023
Contextual real-time data, not Advil, is helping CFOs solve lingering spend management headaches.  Flurries of payments and accompanying reports have kept chief financial officers on their toes for years. Still,...

Quick Reads
FreshBooks to Add Latest Stripe Connect Features to Accounting Software

April 25, 2024
FreshBooks will add a payment solution with the latest Stripe Connect features to its cloud-based accounting software for small businesses and accountants. The new FreshBooks Payments will be available this summer, enabling business owners to accept payments seamlessly, FreshBooks said in a Thursday (April 25) press release. “As one of the first to adopt Stripe Connect’s embedded components, we are offering […]

Countsy Debuts Platform to Streamline Back-Office Management

April 23, 2024
Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and...

Fieldguide Raises $30 Million to Combat CPA Shortage With AI

March 26, 2024
Artificial intelligence (AI) startup Fieldguide has raised $30 million for its accounting industry offering. The Series B funding round, announced Tuesday (March 26), will let the company launch new AI capabilities, expand its market...

Collective Debuts AI-Powered Accounting Tool for Solopreneurs

March 19, 2024
Collective has debuted an artificial intelligence (AI)-powered accounting platform designed for one-person operations. “As freelancers delve into the administration needed to properly pay their taxes and keep their books up to...