Accounting and audit tech update: Sage, IRIS and more…
Accountancy Age’s monthly round-up of accounting and audit tech news, including new partnerships, acquisitions and product launches
(May 11) Accounting tech firm Sage announced a new programme of digital tools designed to help accountants and bookkeepers understand the impact of Making Tax Digital. The programme will contain practical tools such as an ROI calculator, and educational material such as a four-step success plan.
(May 11) Tax Systems announced its implementation of HMRC-recommended prompts into its cloud-based AlphaVAT digital tax platform. This will allow customers to improve the accuracy of VAT submissions and payments, the firm said.
(May 12) Sage announced a new partnership with business financial platform Tide. The partnership will provide UK self-employed and business owners with a new product that combines banking and accounting in a single digital environment.
(May 12) Sage also announced its acquisition of Futrli, a cashflow forecasting software solution for SMEs and accountants. The tool will be integrated with the Sage for Accountants solution but will continue to be available as a standalone product if desired.
(May 16) IRIS Software Group released IRIS Elements, a new cloud-based platform for accounting solutions. According to IRIS, the platform aims to be a central resource for professionals as opposed to them using several different apps, and already includes several integrated features that can share data between one another.
(May 24) Most recently, Sage announced the second release of Sage Intacct, its subscription billing solution for SMEs in SaaS. The fresh release adds support for evergreen subscriptions, offering improved warehouse efficiencies, inventory visibility, and new enhancements to construction billing.
If you’re in accounting or audit tech and have a recent update the market should know about, email [email protected].
