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Top 5 Trends Impacting Accounting in 2025

Accounting Seed

Rising Labor Costs and Talent Shortages With 75% of the CPA workforce nearing retirement and a shrinking pool of new talent entering the field, accounting leaders face a critical challenge. Rising labor costsare prompting businesses to invest in automation to maintain productivity while still seeking to attract younger accounting talent.

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Quadient Receives Award for AP Automation

CPA Practice

Global automation platform provider Quadient has been recognized as a Technology Leader in the “SPARK Matrix: Accounts Payable Automation” report, a detailed analysis of the accounts payable (AP) automation market by independent analyst firm QKS Group.

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Sage Intacct Expands AP Automation to Support Businesses Globally

CPA Practice

Accounting software provider Sage has made new enhancements and updates for their Sage Intacct small and midsized business customers, including rolling out its AP Automation tool globally. AP Automation is a prime example of this and makes us the first mid-market solution to offer this outside of the U.S.

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As Businesses Shift Focus to Efficiency, Finance Teams Must Find Ways to Do More with Less in AP

CPA Practice

AP automation is a key strategy for many finance leaders In the survey, finance leaders ranked AP automation as their top digitization priority in the back office—ahead of Accounts Receivable (AR), expense management, close management, and forecasting. 63% are making faster, more timely payments.

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AP Automation Company Stampli Nets $61M in VC Funding

CPA Practice

Sizing the market opportunity, Deutsche Bank Research estimated in 2021 that AP automation and ePayments combined represent ~$70bn in US revenue opportunity, not including the international opportunity, which they estimated could be ~3-5x larger.

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Four Reasons to Optimize AP Operations Now

CPA Practice

And even if finance leaders can bring more AP professionals on board, it may not be enough to address the inherent inefficiencies and problems of manual processing. Automation and managed payment services can alleviate critical challenges AP automation provides an effective way to overcome these challenges.

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AvidXchange Partners with KeyStone to Provide AP Automation to Credit Union Customers

CPA Practice

a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, today announced its referral partnership with KeyStone by Corelation Inc. AvidXchange Holdings, Inc., Corelation”), the latest core processor for today’s credit union.