Pinion Global, one of the nation’s largest midsize accounting partnerships, is betting that artificial intelligence (AI) can do more than crunch numbers. In March, the Denver-based firm added Adaptive AI, a platform that automates data capture and basic bookkeeping, to its technology stack after a...
Pennylane has raised 75 million euros (about $82 million) to continue growing its accounting platform in France and to expand it across Continental Europe. The company will use the new funding to accelerate expansion that has already seen it triple its user base over the...
Accounting technology company Digits has debuted its artificial intelligence (AI)-driven autonomous general ledger (AGL). The new offering, unveiled Monday (March 10) after five years of development, is designed to automatically categorize transactions, reconcile accounts, and deliver real-time financial insights, the SoftBank-backed company said in a...
Self-described “AI-powered workspace” Stacks says it is now $10 million richer. The company, founded by Uber and Plaid veteran Albert Malikov, announced Wednesday (Feb. 19) that it had raised $3 million in a pre-seed round led by EQT Ventures, followed by a $7 million seed round led by General Catalyst. The company says the funding will...
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 […]
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...
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...
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,...
May 06, 2025
Accounting/receivables platform Autobooks has acquired consumer bill pay solutions provider Allied Payment Network. The deal, announced Tuesday (May 6), is designed to add business bill pay capabilities to Autobooks platform, which in turn lets financial institutions offer small businesses a solution for things like accepting payments, paying vendors and accessing working capital. “Financial institutions want to deliver more value to their […]
April 07, 2025
Pennylane has raised 75 million euros (about $82 million) to continue growing its accounting platform in France and to expand it across Continental Europe. The company will use the new...
March 10, 2025
Accounting technology company Digits has debuted its artificial intelligence (AI)-driven autonomous general ledger (AGL). The new offering, unveiled Monday (March 10) after five years of development, is designed to automatically...
February 19, 2025
Self-described “AI-powered workspace” Stacks says it is now $10 million richer. The company, founded by Uber and Plaid veteran Albert Malikov, announced Wednesday (Feb. 19) that it had raised $3 million in a pre-seed round led by EQT Ventures, followed...
