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Gappify Launches Chatbot For Corporate Accountants

PYMNTS

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. Gappify and Alan will enable finance staff to keep pace with the speed of business and finance evolution in an era of increasing complexity.”.

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KPMG To Shutter UK Small Business Accounting Unit

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Corporate accounting and auditing firm KPMG is shuttering its small business services unit, reports in The Business Desk said Thursday (Feb. According to the publication, KPMG’s Small Business Accounting (SBA) service, which launched in 2014, will be closed in the U.K. will remain unaffected.

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Number Of Corporate Accounting Errors Unexpectedly Climbs

PYMNTS

A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Massachusetts-based Audit Analytics looked at disclosures from more than 9,000 U.S.-listed listed companies since 2005, finding firms that had to reissue their financials due to errors.

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Starling Announces Plans For Business Banking Solution

PYMNTS

She cited the recent decision by the European Commission not to force the Royal Bank of Scotland to divest its Williams & Glyn unit, a move Boden said would have boosted competition in the B2B banking space. In an interview with the publication, Anne Boden also offered a few details about what the B2B service will look like. “It

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Accountants May Be Bucking The Innovation-Averse Trend

PYMNTS

The future of the corporate accountant is in flux. FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. That doesn’t mean corporate accountants are jumping ship, however.

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Data Hurdles Keep Accountants From Elevating Their Role

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This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Supporting an Accounting Shift.

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Aitheon Pilots AI-Powered ‘Digibots’ To Automate Business Processes

PYMNTS

Reports said that as the company continues beta testing, it is offering the next 500 businesses to sign onto the pilots a discount to do so. The B2B FinTech market has increasingly turned to robotics and artificial intelligence to address pain points that remain even with automated solutions.