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Schneider Electric NZ profit rises despite lower sales
Schneider Electric

Schneider Electric NZ profit rises despite lower sales

Lower operating costs helped Schneider Electric NZ lift annual profit to NZD $9.2 million even as revenue fell 9.5% to NZD $175.4 million.

By Karen Joy Bacudo • 3 min read • Last month

Global Stories

Accounting stories

Clients back AI in accounting but demand transparency
Digital Transformation

Clients back AI in accounting but demand transparency

Transparency is becoming a bigger test for accountants as most clients back AI, but only if firms explain where it is used.

By Sean Mitchell • 4 min read • Last week
Finance teams embrace AI amid growing accuracy fears
Digital Transformation

Finance teams embrace AI amid growing accuracy fears

Most finance professionals now use AI, but 93 per cent worry its outputs may be inaccurate or biased, a new survey finds.

By Karen Joy Bacudo • 4 min read • Last week
BlackLine launches Verity Prepare for finance teams
Digital Transformation

BlackLine launches Verity Prepare for finance teams

Finance teams could cut manual reconciliation prep time as BlackLine rolls out an AI tool built for audit trails and human oversight.

By Karen Joy Bacudo • 3 min read • Last week
Fresha launches accounting links with Xero & QuickBooks
Software-as-a-Service

Fresha launches accounting links with Xero & QuickBooks

Beauty and wellness operators can now cut manual bookkeeping as financial data flows straight from Fresha into Xero and QuickBooks.

By Karen Joy Bacudo • 3 min read • Last month
Intapp launches Celeste AI coworker for professional firms
Software-as-a-Service

Intapp launches Celeste AI coworker for professional firms

Firms in regulated sectors could clear conflicts and screen deals faster as Intapp ties its new AI tool to internal rules and records.

By Karen Joy Bacudo • 4 min read • Last month
AI moves from hype to targeted frontline & finance use
Digital Transformation

AI moves from hype to targeted frontline & finance use

Businesses are narrowing AI deployments to specific tasks as scrutiny grows over costs, returns and the need for human judgement.

By Sofiah Nichole Salivio • 7 min read • Last month
Xero adds AI tools to JAX for small business finance
Software-as-a-Service

Xero adds AI tools to JAX for small business finance

The rollout aims to cut manual bookkeeping and speed cash flow decisions for Xero's 5 million customers worldwide.

By Karen Joy Bacudo • 4 min read • Last month
Finance leaders lose AI gains to verification work
Software-as-a-Service

Finance leaders lose AI gains to verification work

Many finance teams are spending the equivalent of days a week checking AI outputs, wiping out hoped-for productivity gains and slowing adoption.

By Sofiah Nichole Salivio • 4 min read • Last month

Stories from Other Regions

Accounting stories

AI adoption boosts UK accountants' profits, Xero says
Data Analytics

AI adoption boosts UK accountants' profits, Xero says

Firms embedding AI in daily workflows are saving hours each week and posting more than double the profit margins of rivals, Xero says.

By Karen Joy Bacudo • 5 min read • 4 days ago
UpSlide launches AI consistency check for PowerPoint
Generative AI

UpSlide launches AI consistency check for PowerPoint

Financial firms face fewer costly errors as a PowerPoint plug-in flags contradictory figures, calculation mistakes and mismatched data across decks.

By Mark Tarre • 4 min read • 6 days ago
Intuit partners College Board on free finance resources
Management

Intuit partners College Board on free finance resources

More US high school students will get classroom finance lessons as free Intuit materials are folded into a new AP course.

By Karen Joy Bacudo • 4 min read • Last week
London to take majority of UK finance hiring in 2026
Digital Transformation

London to take majority of UK finance hiring in 2026

Vacancies in the capital are forecast to rise 17% next year, lifting London to 52% of UK finance recruitment as hiring narrows.

By Karen Joy Bacudo • 3 min read • Last week
AccountsIQ warns UK finance leaders on AI governance
Data Protection

AccountsIQ warns UK finance leaders on AI governance

Unchecked AI could distort finance decisions and damage trust, as UK firms rush adoption without enough governance, oversight or training.

By Karen Joy Bacudo • 5 min read • Last month
OpenAI launches ChatGPT programme for small businesses
Data Analytics

OpenAI launches ChatGPT programme for small businesses

Small firms will get training, app integrations and guides as OpenAI courts a lucrative market of lean teams seeking to automate routine tasks.

By Sean Mitchell • 3 min read • Last month
Citrin Cooperman adopts Caseware AI suite for audits
Digital Transformation

Citrin Cooperman adopts Caseware AI suite for audits

The move is designed to improve audit consistency, speed staff training and help the firm scale more effectively across engagements.

By Karen Joy Bacudo • 4 min read • Last month
BDO UK partners with MindBridge on audit analytics
Data Analytics

BDO UK partners with MindBridge on audit analytics

The move will let auditors review entire ledgers for anomalies, as BDO UK seeks to lift quality and reduce manual sampling ahead of year ends.

By Karen Joy Bacudo • 4 min read • Tue, 30th Jun 2026