Accounting May 8, 2025
Xero and Karbon Partner to Streamline Firm Workflow
Xero has announced integration with Karbon to deliver a solution designed to help accounting professionals save time, simplify workflows and boost productivity.
Technology May 8, 2025
Gusto Picks Melio to Launch Bill Pay and Invoicing Solution
Melio and Gusto are partnering to make it easier for small and midsized businesses to pay employees, contractors, vendors, and get paid via invoices from one platform.
Technology May 7, 2025
HubSync Secures $100M Investment From Private Equity Firm Thoma Bravo
The investment from Thoma Bravo is expected to accelerate Franklin, TN-based HubSync's product roadmap and customer service, as well as enable continued growth and innovation.
Auditing May 7, 2025
AI Adoption by Internal Auditors Set to Double by 2026, Survey Finds
Artificial intelligence is set to transform internal audit in 2026, with adoption expected to double next year to 80% from its current adoption rate among internal auditors of 39%, according to new research from Wolters Kluwer.
Technology May 7, 2025
AvidXchange to Be Acquired By Corpay and TBG in $2.2 Billion Deal
Asset management firm TBG will acquire a majority stake in AP automation software provider AvidXchange, while corporate payments provider Corpay will acquire a minority share.
Accounting May 7, 2025
Half of C-Suite Executives Considering Cuts in Their Function in the Second Quarter of 2025
Half of C-suite executives are considering cuts to their function in the second quarter of 2025 in anticipation of continued disruption of supply chains, decreased consumer demand, and inflation.
Accounting May 7, 2025
Finance Teams Cautiously Embrace AI and Rethink ROI
A new report shows that, while 66% of organizations have invested in AI, many are still determining how to measure its value.
Firm Management May 6, 2025
PwC RIF’d About 2% of Its U.S. Workforce
Fresh off the launch of its new logo comes a fresh round of layoffs at PwC, as the Big Four accounting firm is letting go of about 1,500 U.S. employees this week.
Mergers and Acquisitions May 6, 2025
Group of Accounting Firms From Around the Country Unite to Form Sorren
The top 50 largest accounting firms in the U.S. have a new contender in the mix. Thirteen accounting firms from across the country have combined under the new brand name Sorren.
Accounting May 6, 2025
Nearly Three-Quarters of Accounting Master’s Programs Report an Increase in Applications
New data from the Graduate Management Admission Council (GMAC), an association of leading graduate business schools, shows strong growth in applications to Master of Accounting programs.
Accounting May 6, 2025
Nearly Two-Thirds of Finance Leaders Adopt More Cautious Cash Management Practices Amid Economic Turbulence
As these dynamics shift, nearly two-thirds (63%) of financial leaders have adopted more cautious cash management practices.
Accounting May 6, 2025
Pivot Payables and Covantage Announce Strategic Reselling Agreement to Benefit SAP Concur Users
Pivot Payables’ core solutions are designed to help companies leverage the value of their Concur data, including commercial card programs and business process reporting.