Accounting/receivables platform Autobooks has acquired consumer bill pay solutions provider Allied Payment Network. The deal is designed to add business bill pay capabilities to Autobooks platform, which in turn lets financial institutions offer small businesses a solution for things like accepting payments, paying vendors and accessing working capital. “Financial institutions want to deliver more value to their business customers — and they want to do it within the banking experience. By acquiring Allied Payments, we’re bringing together receivables, payables and accounting in a way that’s never been done before,” Steve Robert, CEO of Autobooks, said. By integrating Allied Payments’ bill pay infrastructure financial institutions can now support both the payable and receivable sides of the money movement equation, while offering businesses built-in accounting and cash flow tools.
Microsoft Dynamics 365 Sales to draw seller activity data from revenue intelligence platform Gong to enable sales leaders to prepare reports faster
Gong is partnering with Microsoft to integrate Gong’s revenue AI platform with Microsoft’s trusted productivity applications and Microsoft 365 Copilot and agents ecosystem. The integration will redefine how revenue teams drive growth and efficiency by bringing Gong’s context-rich customer interaction data and AI-powered revenue insights directly into the tools go-to-market teams use every day, such as Microsoft 365 Copilot, Microsoft Teams, and Outlook. Additionally, joint customers will benefit from the ability to create custom agents connected to Gong data which can automate custom workflows within Microsoft 365 Copilot. The integrations announced today will deliver insights and automation capabilities to joint customers, including: Integrated Revenue Insights Across Microsoft 365; and Custom Autonomous Agents via Microsoft Copilot Studio. These capabilities extend the existing Gong and Microsoft integrations, including a new bi-directional data synchronization between Gong and Microsoft Dynamics 365 Sales. It provides enriched context in Dynamics 365 Sales drawn from Gong activity data like calls, emails, next steps, and key discussion points. With seller activity fully synced and enriched in Dynamics 365 Sales, Revenue Operations can run cleaner reports, sales leaders can prepare faster, and it’s easy to spot accounts at risk due to inactivity. For Gong customers, it means their most important customer signals are accessible directly in Dynamics 365 Sales, allowing them to drive revenue motions with confidence in the accuracy and completeness of the data.
Procurify’s spend management platform extends use of AI across the entire spend lifecycle — from extracting data from receipts, contracts, and invoices, to surfacing up-to-date insights
Procurify, the AI-powered spend management platform for the mid-market, announced Spend Insights, a new analytics feature that empowers finance and procurement teams to make faster, smarter decisions by turning spend data into actionable intelligence. By centralizing company-wide spend data and layering in AI-powered analysis, Spend Insights delivers up-to-date visibility into purchasing, expenses, and accounts payable — helping leaders uncover trends, flag anomalies, and control spend with confidence. Spend Insights combines interactive dashboards with a conversational AI assistant, Spend Analyst, allowing users to query and understand their data using natural language prompts. With instant access to spend data across purchasing, expenses, and AP, teams can quickly surface trends, catch anomalies early, and act with greater speed and confidence, without waiting on reports or juggling disconnected tools. “Spend Insights shows what’s possible when you bring AI and analytics together,” said Chad Gaydos, CEO of Procurify. “It extends our use of AI across the entire spend lifecycle — from extracting data from receipts, contracts, and invoices, to surfacing up-to-date insights that drive smarter, faster decisions. This is the future of agile finance — and we’re building it today.”
Qvinci Software simplifies financial analysis of multi-entity businesses- Eliminations Entries feature removes the impact of transactions between related companies
Qvinci Software has launched new products and enhancements to strengthen their offering of automating time-consuming manual tasks common in traditional financial and business intelligence reporting, so that business leaders can focus on proactive, revenue-impacting initiatives. New Report Categorization and Packaging features enable searching, filtering, bulk-pinning, and building customized financial and business intelligence report packages in minutes, instead of hours or days using other accounting platforms. New Report Interact functionality allows for switching dollar/percentage views, filtering by specific entity in a multi-entity report, and focus mode to highlight cells that need attention – all without numerous data re-runs. A new suite of Business Intelligence Dashboards and Reporting Templates target key financial metrics that simplify impactful coaching and advising by identifying problem areas that need corrective action. For global organizations, Currency Conversion tools now fully support QuickBooks Online, QuickBooks Desktop, and Xero, eliminating the hassle of manual in-app currency adjustments. Qvinci Budgets with Future Budgeting enables users to import Excel-based budgets to use with templates for precise financial planning, as well as use Qvinci Budgets with QuickBooks Desktop, QuickBooks Online, or QuickBooks by Class. With Non-Sunday Aligned Reporting, organizations (i.e., hospitality brands, franchises, faith-based institutions, etc.) can generate reports based on their busiest operational days using customizable accounting calendars. Now, “As Of Week” reporting is available, making it easy to define the week through which reports should be run. With enhanced Security Infrastructure – including multi-factor authentication, PCI certification, and a published formal security framework – Qvinci ensures enterprise-grade data protection. Lastly, Eliminations Entries, used to remove the impact of transactions between related companies, can now be handled directly within the Qvinci solution, cutting down drastically on needless complexity and manual labor.
Infosys BPM’s AI agents for invoice processing can handle dynamic workflows end-to-end, adapt to changing business logic, and perform intricate tasks with minimal human oversight
Infosys’ business process management arm, Infosys BPM, has added AI agents for invoice processing to its Infosys Accounts Payable on Cloud solution. This solution makes invoice processing largely autonomous to enhance efficiency and accuracy. The solution includes the capabilities of the suite of generative AI services, solutions and platforms called Infosys Topaz, as well as Microsoft’s AI stack, including Azure AI Foundry and other LLMs. By integrating Infosys Topaz with a purpose-built multi-agent framework, along with Microsoft’s AI stack, we’ve developed a solution that is autonomous by design, responsive to change, and built to evolve, Anantha Radhakrishnan, CEO and managing director of Infosys BPM, said. Infosys developed the AI agents in collaboration with Americana Restaurants, which operates more than 2,600 restaurants across the Middle East, North Africa and Kazakhstan. “With AI-powered Infosys Accounts Payable on Cloud, we have made invoice processing faster, enhanced accuracy and improved efficiency,” Harsh Bansal, chief financial officer and chief growth officer at Americana Restaurants, said. “The addition of Agentic AI takes this a step further, reducing manual dependencies and bringing more intelligence and autonomy into our invoice processing.”
CloudZero’s platform breaks down cloud spending data by source to display the costs incurred by each of a company’s cloud environments, workloads and business units and provides granular data associated with specific application features
Startup CloudZero has raised $56 million from investors to enhance its namesake software platform, which helps enterprises lower their cloud expenses. Companies search for opportunities to lower cloud costs by analyzing their infrastructure- and software-as-service bills. Each cloud provider formats spending data differently, which means that the data has to be organized into a single, consistent format before it can be reviewed. CloudZero says that its platform automates the task to save time for finance teams. After normalizing spending data, the company’s software breaks it down by source. CloudZero can display the costs incurred by each of a company’s cloud environments, workloads and business units. It also provides more granular information. The platform can calculate, among others, the cloud expenses associated with specific application features. CloudZero says that its platform can provide visibility into Kubernetes spending regardless of label quality. CloudZero can measure how effectively a company uses long-term purchase agreements. It also identifies spending spikes. Built-in artificial intelligence models measure out the average hourly cost of running a cloud workload and detect sudden increases. CloudZero now manages more than $14 billion in cloud spending for customers. It claims that those customers take an average of three months to make back what they spend on its software.
Thomson Reuters tool for tax and audit operations draws on >20 billion proprietary and public documents and 4,500 subject matter experts and connects internal knowledge, regulatory materials and firm-specific data into a single workspace
Thomson Reuters has launched an AI platform designed to help professionals automate complex workflows. The platform — Agentic Intelligence — integrates with professional applications to plan, reason and act across tasks while maintaining audit trails and data controls. The launch also includes a new tool, CoCounsel for Tax, developed for tax, audit and accounting professionals. It connects internal knowledge, regulatory materials and firm-specific data into a single workspace. Early users report gains in speed and accuracy. Accounting firm BLISS 1041 used the system to reduce residency and filing code reviews from several days to under an hour. CoCounsel for Tax is now available in the U.S., with expanded features and geographies expected by year-end. The company said Agentic Intelligence draws on more than 20 billion proprietary and public documents and is supported by 4,500 subject matter experts. It leverages recent investments in AI infrastructure and partnerships with OpenAI, Anthropic, Google Cloud and AWS. The next product, Ready to Review, will focus on tax return preparation. Thomson Reuters plans to expand the platform into legal, compliance and risk sectors in 2025.
Banks are driving uptick in corporate API adoption for treasury and cash management by collaborating with ERP/TMS providers and middleware providers supporting ISO 20022
One of the main obstacles to broader API adoption in corporate treasury has been the legacy design of treasury management systems, which were not originally built with APIs in mind. Corporates that have realised tangible business value through APIs have typically supported their implementation with robust IT strategies – upgrading accounting and reconciliation systems to be API-enabled, for example. JPMorgan Payments has been collaborating with ERP and TMS providers to integrate APIs that are essential for treasury and cash management operations. It integrates into SAP’s platform through its multi-bank connector functionality and has also integrated Kinexys Digital Payments within Kyriba Connector, allowing treasurers to facilitate and operate cross-border and real-time payments, and blockchain deposit accounts.The bank’s APIs offer near real-time reporting of cash balances and account transactions, and it has integrations with Trovata, which enable Trovata users to manage multiple bank accounts across institutions in one platform. API adoption also hinges on middleware providers, which act as intermediaries between ERP/TMS systems and end-users. These providers are evolving to support API connectivity alongside traditional file-based and Swift messaging methods. In addition to ERP and TMSs adapting, success also depends on middleware providers stepping up. These providers, which act as the bridge between TMS/ERP systems and end-customers, are gearing up to support API connectivity alongside traditional methods such as file transfers and Swift messaging. Carl Slabicki, co-head of global payments for BNY’s treasury services, points to a notable uptick in API adoption among corporate clients.
Adflex’s straight-through processing tech to enable Coupa to fully automate the B2B spend management process by enabling virtual card numbers to be read automatically from within emails
Coupa has integrated Adflex’s straight-through processing service, Adflex STP, into its total spend management platform, saying this will fully automate the B2B payment process for Coupa customers and their suppliers. The Adflex STP service and virtual card reader technology enable virtual card numbers to be read automatically from within emails, allowing transactions to be processed without manual entry. This collaboration will simplify supplier acceptance and process integration, enabling suppliers to scale virtual card programs effectively, Bill Wardwell, senior vice president and general manager, Coupa Pay and Treasury, said. This new service is exclusively available through Coupa and Adflex partner Barclaycard Payments in the Europe, Middle East and Africa (EMEA) region. Adflex also offers its automated virtual card payments service to all card issuers and their corporate clients. “Adflex STP levels the playing field of digital B2B payments by delivering the benefits of prompt, secure and pain-free transactions to both buyer and supplier,” Andy Downman, commercial director at Adflex, said.
Financial ops platform Ramp powers over $80 billion in annualized purchase volume across card transactions and bill payments and serves >40,000 companies with half of them using two or more products across its platform
Ramp announced its Series E financing, bringing its valuation to $16 billion. For the fifth time, a Ramp funding round was led by Founders Fund – the company’s first and largest investor. Construction One reduced their AP team’s time spent on monthly close by 75%, saving them 360 hours in the last year. Poshmark hit their free cash flow goals 5 months ahead of schedule by redirecting their team’s energy toward strategic projects, not administrative burden. An industrial company (we can’t name) processed $47 million through Ramp cards, using our built-in controls to prevent 9% of spend that was out-of-policy and saving $4 million. In 2025 alone, we’ve shipped 270 features including Card & Expense, Procurement, Treasury. To date, Ramp has saved customers $10 billion and 27.5 million hours. Ramp currently powers over $80 billion in annualized purchase volume across card transactions and bill payments. Ramp’s product line includes corporate cards and expense management, bill payments, procurement, travel booking, and treasury. Half of Ramp customers use two or more products across its platform. With this round, Ramp has raised $1.4 billion in total equity financing.