Cloud Accounting stories

MYOB will make Mastercard-powered open banking feeds the default for SMEs by 2026, promising faster, more secure data connections.

Sage unveils new AI tools in Intacct to speed finance closes, sharpen cash visibility and cut manual work across mid-sized organisations.

Ramp launches an AI Accounting Agent that codes transactions, handles accruals and reconciles ERP data to speed up the month-end close.

Stress is costing Canadian small business owners 31 workdays a year, with many losing sleep, missing events and weighing up closing shop.

Intuit launches AI-native Accountant Suite in the UK, unifying practice management and client work for accounting and bookkeeping firms.

A new foundation has launched to study how AI is transforming real-world accounting and finance work, from tax and audit to advisory.

Xero is axing its app store billing by June 2026, forcing developers onto new API-based tiers and their own subscription systems.

Stress is surging for New Zealand’s small business owners, with nearly half considering closing as rising costs and tax shocks take their toll.

Xero is boosting its Analytics tool with AI cash flow forecasts, behavioural insights and operational metrics on shareable visual dashboards.

AI bookkeeping startup Botkeeper shuts after 11 years, citing rapid client consolidation, lost revenue and an unsustainable path forward.

Dext debuts Payments, letting UK Xero users pay suppliers and expenses inside its platform after a beta that processed GBP £800,000.

YouLend partners with Intuit to embed fast SME funding of GBP £1,000-£2m directly inside QuickBooks as a new UK Capital Marketplace.

HSBC UK and Sage unveil in-app tax tool for sole traders and landlords as Making Tax Digital for Income Tax rules loom from April.

Xero rolls out a redesigned, widget-led homepage that surfaces real-time profit, cash flow and tasks in a custom view for each user.

Xero broadens its App Store with new global integrations spanning finance, automation, CRM and sector-specific tools for key markets.

Xero overhauls developer portal and readies new API fees tied to connection counts and data egress, as it tightens recertification rules.

Xero begins phased rollout of rebuilt credit notes, offering a switchable new interface, stricter audit controls and manual save behaviour.

AI is transforming everyday work in accountancy firms, but messy gaps between systems and people mean full automation remains distant.

Zone launches Zoe, an AI agent layer inside NetSuite to orchestrate finance workflows, debuting with subscription intelligence in ZoneBilling.

Xero unveils its 2025 Power Lists, spotlighting the most‑connected apps across accounting, payments, retail, trades and professional services.