Cloud Accounting stories

Starling Bank says sole traders are embracing AI for quick tax guidance as Making Tax Digital rules prompt a shift to digital accounting tools.

Xero's Anthropic tie-up deepens finance software AI split as groups weigh integrated platforms against agent tools that work across multiple systems.

Aqilla has unveiled an AI-enhanced invoice automation feature that combines capture and accounts payable, cutting processing time and tightening controls.

Annexa's six-month cloud ERP rollout for ROLLER has automated revenue recognition, unified finance data and reduced month-end strain.

Lush UK speeds supplier payments as automated accounts payable platform halves processing time and links more than 4,000 invoices a month to Xero.

Xero and Anthropic strike multi-year deal to weave Claude AI into accounting software, giving small firms real-time cash-flow and invoice insights.

Xero to embed Anthropic's Claude across accounting tools as JAX gains automation for cash flow, invoices and scenario analysis.

Silverfin adds Talking Points to help accounting firms turn compliance findings into client advice with AI summaries and action tracking.

Xero rolls out credit notes webhooks and new API pricing for app partners as it tightens permissions, recertification and developer access.

Dext unveils AI Assist, an embedded tool that learns firm-specific judgement to automate routine bookkeeping while keeping humans in control.

Caseware secures Overall Accounting Platform of the Year at FinTech Breakthrough and a 2026 Top New Products nod for Extractly.

Dojo teams up with Capital on Tap to launch a UK SME credit card offering up to GBP £250,000 limits, virtual cards and cashback rewards.

UK SMEs lifted revenues and profits in 2025 but cut capital spending for a 17th straight quarter, Sage data shows, signalling wary growth.

Barclays and Sage are teaming up to link banking with cloud accounting, aiming to slash admin time for UK small firms as tax rules tighten.

Starling launches free in-app MTD tax tool for sole traders and landlords, ahead of April 2026 digital income tax rules from HMRC.

Mid-market CFOs ditch manual month-end marathons, turning to live, standardised reporting to drive faster, insight-led decisions.

Xero launches Accountable Intelligence AI to automate bookkeeping while keeping decisions, audit trails and financial oversight with humans.

Sage expands AccountsPrep in Sage for Accountants as firms brace for MTD for Income Tax, targeting paper-based clients at GBP £3 per month.

ANNA Money wins HMRC approval for its Making Tax Digital for Income Tax app, enabling sole traders to file quarterly updates from 2026.

SumUp enters UK accounting with a free MTD income tax tool using Sage tech, aiming to help unprepared sole traders meet new HMRC rules.