Cloud Accounting stories

Xero launches AI analytics across its platform, giving small firms dashboards, forecasts and scorecards once reserved for larger rivals.

UK sole traders face mounting year-end tax pressure as Making Tax Digital nears, driving a surge in software and AI adoption to save time.

Most UK sole traders are still in the dark over Making Tax Digital, with 70% unaware of looming income tax reporting changes from 2026.

AccountsIQ boosts staff by 38% and broadens its cloud finance tools after acquiring UK expense platform ExpenseIn to meet rising demand.

Finance teams ditch manual spreadsheets for integrated, real-time platforms as tighter 2026 reporting demands reshape core processes.

ANNA Money secures GBP £10m growth debt from Flashpoint to scale its AI-driven tax app ahead of the UK’s 2026 Making Tax Digital shift.

Zoho launches unified spend management and AI-driven billing tools, aiming to give large enterprises tighter control over finances.

Open Banking goes live in New Zealand, promising faster, safer payments and real-time cashflow visibility for Kiwi small businesses.

Sage has been named a leader in IDC’s 2025-2026 global ranking of AI-enabled professional services automation and ERP applications.

Xero launches global beta of JAX-powered bank reconciliation, promising to auto-match over 80% of statement lines in real time.

Finity has teamed up with Hydr to offer businesses faster invoice verification and next-day payroll funding, easing cash flow and payment challenges.

MyTrucking's partnership with Xero boosts digital adoption in transport, easing admin and saving time for operators across New Zealand, Australia, and the UK.

Cloud accounting provider iplicit integrates with MCS Rental Software to streamline rental finance management for growing mid-sized businesses.

OCN London has streamlined its finance operations and cut costs by adopting AccountsIQ's cloud accounting platform, enhancing automation and real-time reporting.

Almost all UK and Ireland CFOs work evenings or weekends, with 25% prioritising timely data access over inflation and cybersecurity concerns.

ProfitMojo partners with iplicit to offer UK SMEs integrated cloud finance and inventory solutions, targeting firms outgrowing entry-level software.

Eighty percent of Canadian accountants are optimistic as AI and advisory services drive growth and transform the industry, says Xero's 2025 report.

Harlequins partners with AccountsIQ, renaming their West Stand for 2025/26, to embed data-led insights in rugby operations and fan engagement.

Cloud accounting firm iplicit appoints Ben Crow as VP of Partnerships to boost partner network and target international expansion in Australia and New Zealand.

Candura teams up with cloud accounting provider iplicit to modernise UK mid-market finance, targeting firms reliant on outdated ERP and finance systems.