in an escalating arms race, the general ledger is the new gateway to advisory.
by rick telberg
卡塔尔世界杯常规比赛时间 research
cornerstone report
just a day or two after xero shook the accounting world with its $3 billion acquisition of b2b payments platform melio, intuit is launching its strategic salvo: a new suite of generative ai agents built into quickbooks.
see xero buys melio for $3 billion in race for ‘the active gl’ | more tech and fintech | more artificial intelligence | more cornerstone reports, in-depth data-driven analysis and commentary
the agents promise to automate payment reminders, reconcile bank transactions, forecast cash flow, and even draft client emails — all without human intervention.
the initiative is pivotal in the escalating arms race among accounting tech giants to dominate the general ledger. the general ledger is no longer just a recordkeeper in this rapidly transforming space. it’s becoming the operating system for every small business financial decision — and the battleground on which legacy players and startups are staking their futures.
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