Tech news: KPMG serves private cos. with AI

Published March 27, 2026 12:00 PM

|

Updated March 30, 2026 12:02 PM

1 Min Read

KPMG rolls out AI-based services for private companies under the name KPMG Private; Dext launches Dext Assist AI; Acumatica announces its 2026 release; and other news and updates from the accounting tech arena.

KPMG rolls out KPMG Private

Tannen Maury/Bloomberg

Big Four firm KPMG announced the rollout of what it calls KPMG Private, a new offering that uses AI to deliver tax, audit and advisory services to private company clients, which KPMG noted are scaling faster, operating with more complexity, and facing expectations that used to be reserved for public markets. KPMG Private will offer business insights and tax value creation through advanced AI capabilities; agentic AI solutions for simplified data collection and reporting, improving productivity and real-time insight; expanded tax service offerings and a dedicated private company audit practice; and access to multidisciplinary teams and resources across Tax, Audit and Assurance, Advisory and the broader KPMG global network. It is intended for those in fields such as asset management, emerging growth companies, family office, private board governance, private equity and specialized industries.

Dext launches Dext Assist AI

Bookkeeping automation solutions provider Dext announced the rollout of Dext AI Assist, which learns how users work in Dext from their decisions, preferences and edits, and then uses this understanding to surface suggestions on how to automate those repetitive tasks across future workflows. By recognizing patterns in how users handle specific client nuances, categorize transactions and apply tax treatments, Dext AI Assist helps apply those decisions more consistently across future transactions. Every suggestion AI Assist provides remains transparent and reviewable, so professionals retain full control over how automation is applied.

Acumatica announces 2026 release

Accounting ERP provider Acumatica announced its 2026 R1 release, which has a wide variety of updates and enhancements, including expanded AI capabilities, enhanced reporting tools, and new collaboration features to help mid-market businesses operate efficiently and make faster, data-driven decisions. It features improved mobile time tracking, more flexible timecard configurations, deeper financial visibility, and tighter project oversight in Acumatica's Professional Services Edition. Customers can use enhanced reports that include employee utilization, project revenue analysis, and unbilled project revenue aging. These features use the project billing engine to calculate the expected revenue. New AI-based capabilities allow users to continuously monitor key report metrics to detect unusual variances, as well as automatically tag documents by type. Finally, a modernized Activity Stream consolidates engagement history across opportunities, cases, and sales quotes, all within a unified system of record.

Terrapin launches app for receipt tracking, includes referral program for CPAs

Computing stripes with numbers. Icon for costs, expenses, revenues and profits.

Expense documentation solutions provider Terrapin announced the launch of its new mobile app, which automatically finds receipts from email, photos, and bank transactions for freelancers and small businesses, then packages audit-ready exports for their accountant in one tap. Terrapin combines source integrations (email, photos, digital receipts), OCR, rules-based processing, and machine learning to extract and structure receipt data. The software takes a deterministic-first approach, with AI layered on top. Every output is traceable back to source data and fully auditable. If AI confidence is low, the program will fall back to verified data rather than guessing. Along with the release, Terrapin also announced a referral program for CPAs. Professionals share a referral link with clients; each client who signs up gets 7 days free, no seat caps, and if they subscribe, the CPA will earn a share of the revenue. If they don't, it costs the CPA nothing. It is designed for ongoing value, not one-off referrals

Valutico touts self-auditing virtual data room

Andrey Popov/stock.adobe.com

Business valuation solutions provider Valutico announced the launch of the Valutico Active VDR, which integrates automated gap analysis and red flag detection directly into the hosting environment. It was built to act as a "pre-diligence" auditor. The system proactively scans the data room to identify missing information and documentation gaps, uses a deal agent to ingest unstructured bulk uploads and automatically builds a professional, buyer-ready folder structure in seconds, proactively identifies personally identifiable information) and sensitive data patterns, and can generate a CIM and buyer-ready slide deck directly from the data room.

Sovos enhances Sovi AI

Sovos, a tax compliance solutions company, announced a major expansion of Sovi AI across the Sovos Tax Compliance Cloud, introducing new capabilities for tax and regulatory guidance, intelligent automation, compliance insights, and agent interoperability. At the center of the announcement is Ask Sovi, an AI assistant built directly into the Sovos Tax Compliance Cloud. Beyond helping users navigate product workflows and user documentation, Ask Sovi provides fast, context-aware answers to complex regulatory questions within the flow of work. Ask Sovi also supports conversations in multiple languages and can interpret tax and regulatory content across languages. Sovos plans to extend these capabilities into guided, human-approved actions inside the platform. Other capacities, either current or planned, include problem-to-resolution guidance; business-specific recommendations; proactive issue detection; regulatory intelligence; and full audit transparency. Sovos also said it is developing its Sovos MCP Gateway, which is expected to support agent-to-agent orchestration, enabling customers to connect Sovos compliance intelligence, data and workflows with their own AI tools and agent environments.

Aiwyn, Xero announce partnerships with Anthropic

Yeti Studio - stock.adobe.com

Practice management solutions provider Aiwyn announced Aiwyn Tax is now part of Anthropic's Claude "Connector" ecosystem. On a practical level, it allows teams to run simple 1040 calculations, test tax scenarios and "what-if" cases, generate PDFs of completed return forms, and explore how AI can support tax-related work. Firms should be thoughtful about if and how they use real client data in the current version. Because the Connector runs inside Claude, they recommend treating it like any external system and starting with anonymized or representative data in line with the firm's data governance policies.

Meanwhile, small-business accounting platform Xero also announced an agreement with Anthropic that will bring Claude's AI directly into Xero — and Xero's financial data and tools into Claude.ai. It's the first time Xero customers will be able to work with their financial data directly inside a major AI platform, and a new way for Claude to power end-to-end financial workflows for small businesses at scale.

MindBridge launches Developer Portal

Financial oversight and intelligence platform MindBridge announced the release of its Developer Portal, a centralized hub that gives developers, data engineers, and integration teams access to the technical resources needed to connect MindBridge into existing enterprise architectures, including API documentation, SDKs, and workflow guides across more than 130 available API endpoints. The Developer Portal establishes a framework for AI enablement, as the centralized and structured documentation allows both internal and customer teams to easily leverage LLMs to query and learn from MindBridge APIs.

New partnerships and integrations

Extend, a spend and expense management platform, announced new support for Sage Intacct, Xero, and Microsoft Dynamics 365 Business Central. … Audit solutions provider Fieldguide and Top 10 Firm BDO announced a collaboration through the accounting firm's risk advisory service practice. BDO's initial implementation of Fieldguide is centred on RAS offerings, including internal audit and third-party assurance, with plans to expand use of the platform over time to additional advisory services. … AvidXchange, a provider of accounts payable automation software and payment solutions for mid-market businesses and their suppliers, announced a partnership with COCC, a provider of fintech solutions for community banks and credit unions. With this partnership, AvidXchange will bring its suite of AP automation and payment solutions to COCC's network of financial institutions. … Kroll, an independent provider of global financial and risk advisory solutions, and Greenboard, an artificial intelligence-native SaaS-based compliance technology, announced a strategic partnership to combine Kroll's compliance and regulation advisory expertise with Greenboard's compliance platform into a single, centralized hub. … Kaufman Rossin, a Top 100 Firm, and Synack, which provides penetration testing as a service, announced a partnership to deliver scalable, AI-powered penetration testing and continuous security validation for regulated enterprises. … Vena, an AI-based orchestrated performance management platform, has completed its acquisition of Acterys, the leading Microsoft Power BI–based operational planning and app development platform.

New funding and investments

Finance solutions provider Zalos announced a $3.6 million seed round led by 14 Peaks with participation from Cohen Circle, 20VC and a number of individual angel investors. Zalos plans to expand beyond the major midmarket ERPs where it already has customers and into enterprise ERPs and on-premise systems. … Tax solutions provider Instead announced it has secured a strategic investment from Skylark Partners. Skylark Partners is a family office created by the founders of 8am, the professional services platform behind AffiniPay, LawPay and CPACharge, with deep roots in the accountant profession.

Other news

Small-business accounting platform Xero announced Matan Bar, CEO and co-founder of Melio, which was acquired by Xero last year, has been named CEO of Xero US, with responsibility for both the Xero US and Melio businesses. The news comes shortly after announcing the availability of online bill pay through Xero (see our story), which is based on Melio's technology. ... - Cetrom, an accounting-focused cloud hosting solutions provider, announced that TMC, a global, integrated media company, has named Cetrom's Complete Managed Security Solutions as a 2025 TMCnet Zero Trust Security Excellence Award winner. This award recognizes Cetrom's integrated approach to cybersecurity orchestration — spanning endpoint detection, managed detection and response, and compliance-native architecture designed for accounting firms navigating increased regulatory scrutiny, tightening insurance requirements, and increasingly sophisticated cyber threats.