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Tech giants team up in strategic alliances for future success.

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Tech news Summary

TLDR:

  • KPMG, Ernst and Young, and Deloitte have announced strategic alliances, partnerships, and new solutions in the tech space.
  • KPMG is embedding the Databricks Data Intelligence Platform within its global smart audit platform, Ernst and Young announced an alliance with Docusign, and Deloitte partnered with Bloomberg Tax & Accounting.

Tech news: Big Four firms announce strategic alliances

Big Four accounting firms are making strategic alliances and partnerships in the tech industry. KPMG is integrating the Databricks Data Intelligence Platform into its smart audit platform KPMG Clara. Ernst and Young has formed an alliance with Docusign, and EY France has partnered with Esker. Deloitte has collaborated with Bloomberg Tax & Accounting to publish a new Tax Management Portfolio on cryptocurrency and digital assets. These alliances aim to enhance services and support clients in navigating technological advancements and regulatory changes.

SaaS AR automation platform Bill360 will introduce its end-to-end accounts receivable automation solution. Certa, an enterprise risk management platform, announced updates including new generative AI capabilities and an ESG module. FinQuery launched an automated catch-up functionality for updating financial records. Intuit is acquiring technology from Zendrive to enhance its usage-based auto insurance product, and Vertex has acquired tax-specific AI capabilities from Ryan LLC.

Thomson Reuters expanded its partnership with SAP, and financial planning software provider Asset Map announced an integration with Holistiplan for tax planning. Valid8 appointed Todd Ludwig as executive vice president for sales, and Airbase introduced new spend analytics and vendor management capabilities. These developments highlight the continuous evolution and collaboration within the tech industry to provide innovative solutions in accounting and finance.


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