Tech News: Looking for the top new products of the year

December 23, 2022 11:45 AM

Accounting Today is calling for nominations for its 2023 list of the Top New Products; nominations are now being accepted for Insightful Accountant's Top 2023 100 ProAdvisor Awards program; TaxBit and E&Y have launched a digital asset solution suite; and other news and updates from the accounting technology world.

Top New Products 2023: Call for nominations

Accounting Today has issued a call for submissions for its 2023 Top New Products report, which will appear in February, recognizing the best new and significantly improved products aimed at tax and accounting professionals from 2022. For more information on nomination criteria and how to submit items for judging, please click here.

Top 100 ProAdvisor Awards program now open

Intuit's Ariege Misherghi speaking at QuickBooks Connect

Insightful Accountant announced that the nomination process for its 2023 ProAdvisor of the Year and Top 100 ProAdvisors list is open. The 10th annual awards program recognizes the best QuickBooks ProAdvisors from around the world. All nominees must actively practice as a QuickBooks ProAdvisor/Professional with one or more actual clients using QuickBooks (Online and/or Desktop). The nomination period (see form here) will remain open until Feb. 15, 2023.

TaxBit, E&Y launch digital asset solution suite

Eva Marie Uzcategui/Bloomberg

Tax and accounting solutions provider TaxBit announced the launch of a new suite of digital asset reporting solutions in cooperation with Big Four firm Ernst and Young. The suite contains four solutions and services. One is EY Digital Asset Customer Tax Operations, which focuses on reporting, electronic tax validation, withholding, cost basis reporting and tax reporting. Another is the EY Tax Analyzer for Digital Assets, which directly pulls exchange and on-chain wallet data for tax reporting on digital asset transactions. The third is the EY Crypto and Payment Reporting service, which adapts an existing EY tool for Form 8300 e-filing in accordance with the requirements of the Infrastructure Investment and Jobs Act. Finally, there are managed service offerings tailored for the digital asset ecosystem, which include direct and indirect tax compliance and reporting, income tax and statutory accounting, payroll operations, entity compliance and governance and transfer pricing.

Partnerships and integrations

CPA.com announced a collaboration with Asset-Map, a cloud-based solution that helps visualize financial data. The program organizes a client's financial instruments into an interactive "map" that can be used by tax advisors and personal financial planners to provide strategic insights into their clients' holistic financial wellness. … AP automation and customer communication solutions firm Quadient announced the integration of its accounts payable automation cloud solution and Microsoft Dynamics Business Central (formerly known as MS Dynamics NAV) that is available for users in North America, the U.K., and Ireland. … Integrated payments and commerce solutions provider Paya announced a partnership with POS system vendor 1Retail to provide them with access to EMV contactless and stored payments in Acumatica Cloud enterprise resource planning software.

Awards and honors

Risk management software provider MindBridge AI has been included in the Vector Institute's inaugural AI20 for 2023., which recognizes leading companies in artificial intelligence in Canada. While there are over 1,200 AI-focused organizations in the country, MindBridge was just one of 20 organizations recognized. … HR and payroll solutions provider Paychex won two Brandon Hall Group Excellence in Technology Awards. Paychex Voice Assist was recognized by Brandon Hall Group with a Gold Award for Best Advance in AI for Business Impact, and Paychex Retention Insights received a Bronze Award for Best Advance in HR Predictive Analytics Technology. … Gartner recognized SAP as a Leader in the Magic Quadrant for Cloud Database Management Systems.