The Association of International Certified Professional Accountants (AICPA & CIMA), with CPA.com, named the members of their Startup Accelerator program in 2023, which includes five early-stage companies pursuing a variety of solutions in audit, accounting, tax and e-commerce. The companies selected this year to receive a grant, advice and other assistance include:
4impactdata – The Texas-based company created the "first ever knowledge as a service" business guidance system that equips CPA firms to be the strategic partner their business clients need. The client advisory platform is built around analytics and AI cloud technology, and includes industry best practices, proactive alerts and benchmarking across clients.Audit Sight – The company's platform reduces manual work for auditors, due diligence and private equity providers by automating financial transaction verification. The solution automates the audit testing process and generates a GAAS-compliant workpaper.Synder – Based in San Francisco, the business intelligence platform for CFOs and accounting professionals helps automate repetitive tasks around multisource e-commerce data and translate it into insights for businesses.TaxPlanIQ – Based in Texas, the SaaS software solution automates various aspects of a tax planning engagement, from selling the plan to implementing tasks throughout the year, and provides educational resources to support accountants with videos, checklists and templates of 100 tax strategies.VerifyiQ – The Vancouver-based company offers solutions that augment workflow and customer relationship management systems to make bookkeeping more efficient, including a practice management solution that automates quality control reviews and a tool that enables sales teams to scope a potential client's books.
Selected companies receive focused insight into the evolving needs of finance and accounting professionals, access to firms and finance leaders who are shaping their profession and a $25,000 grant. They also get marketplace intelligence and guidance from AICPA and CPA.com senior leaders and the program's advisory board members. Selected companies also have an opportunity to showcase their solutions at the AICPA & CIMA Engage conference in Las Vegas.
"At CPA.com, we're focused on empowering the accounting profession for the digital age through innovative products and solutions designed to transform their practice areas," said Kacee Johnson, vice president of strategy and innovation at CPA.com, in a statement. "The Accelerator program has been instrumental in helping us stay ahead of emerging trends while connecting CPA firms with leading-edge solutions uniquely tailored to meet the evolving needs of the profession."
