Cloud Accounting stories

Float rolls out AI-driven transaction coding for Canadian businesses, aiming to cut month-end admin with HST, GST and PST automation.

Xero rolls out AI-powered business health scorecards as 4.6 million subscribers gain deeper KPI tracking, cash flow forecasts and sharing tools.

Intuit's QuickBooks is under pressure as AI start-ups push automated bookkeeping, forcing accounting software to prove it can do more than digitise ledgers.

Xero unveils AI-native finance platform and JAX assistant to cut admin for small firms, with accountants and bookkeepers also in line for gains.

Xero's Anthropic tie-up deepens finance software AI split as groups weigh integrated platforms against agent tools that work across multiple systems.

Nmbr and Paiday join forces to embed payroll into Canadian accounting software, targeting compliance headaches and multi-client workflows for firms.

Annexa's six-month cloud ERP rollout for ROLLER has automated revenue recognition, unified finance data and reduced month-end strain.

Xero and Anthropic strike multi-year deal to weave Claude AI into accounting software, giving small firms real-time cash-flow and invoice insights.

Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.

Xero rolls out credit notes webhooks and new API pricing for app partners as it tightens permissions, recertification and developer access.

Dext rolls out AI Assist in the US and Canada, promising to learn each firm's bookkeeping rules while keeping humans in full control.

Dext unveils AI Assist, an embedded tool that learns firm-specific judgement to automate routine bookkeeping while keeping humans in control.

Caseware secures Overall Accounting Platform of the Year at FinTech Breakthrough and a 2026 Top New Products nod for Extractly.

Mid-market CFOs ditch manual month-end marathons, turning to live, standardised reporting to drive faster, insight-led decisions.

Xero launches Accountable Intelligence AI to automate bookkeeping while keeping decisions, audit trails and financial oversight with humans.

Women in fintech say inclusion tech is advancing faster than culture, warning against hollow celebration while pushing for real structural change.

Canadian small business sales sank 4.1% in late 2025, the sharpest quarterly slump since 2020, as uncertainty and supply shocks hit demand.

Xero unveils AI-powered invoicing and payment tools, promising to cut late payments and ease cash-flow strain for small businesses.

Xero rolls out richer credit note webhooks so developers can ditch heavy polling, cut API traffic and get faster, event-driven updates.

Xero launches App Store Power Lists to spotlight top referred apps, boosting discovery for small businesses and reach for developers.