Tech News: Fluence adds account reconciliation feature

Tech News: Fluence adds account reconciliation

March 28, 2022 9:41 AM

Fluence adds new account reconciliation feature; Xero deepens ties to Hispanic and Latino communities; the IFRS Foundation is looking for tech-savvy accountants with experience with digital taxonomies; and more accounting technology news from the past week.

Xero partners with Hispanic and Latino professionals

Cloud accounting provider Xero worked to deepen its relationship with the Latino and Hispanic communities by partnering with the Association of Latino Professionals For America, the United States Hispanic Chamber of Commerce and Negozee. The collaborations aim to support the Latino and Hispanic communities through partner mentorship programs and business resources, and to increase awareness of the Xero platform (see story). Separately, the company has opened a new headquarters in Australia.

Partnerships and product integrations

Cloud computing provider Swizznet will now include Liscio, an outsourced IT management firm, allowing users to communicate and exchange information, eSignatures and documents without having to switch applications. … Cloud-based operating system Domo will be collaborating with Seattle-based Top 100 Firm Moss Adams so clients of the accounting firm can use Domo’s platform for data analytics. … Mitek, a digital verification and fraud prevention firm, has acquired U.K.-based HooYu to enhance “know your customer” due diligence capabilities. … SAP has partnered with Unilever to launch the blockchain-based GreenToken by SAP to increase transparency and traceability for Unilever’s palm tree oil supply chain. SAP separately announced that Microsoft will be using RISE with SAP in Microsoft Cloud, which will have the effect of shifting its SAP ERP software systems to SAP S/4HANA Cloud, private edition.

Other news

AuditBoard announced that it has expanded into the European market via a new office in London. … The IFRS Foundation is looking for experts in digital financial reporting, digital taxonomies and sustainability reporting to support both the International Accounting Standards Board and the recently created International Sustainability Standards Board.