Tech news: BizBuyData will pay accounting firms for data to train AI

Invoice lifecycle management solutions company Basware has teamed up with Kantata, a provider of professional services automation solutions, with Basware implementing the Kantata PSA Platform to improve its automating billing capacities as well as resource management, implementations, and automated documentation. … Small business accounting platform Xero announced a new integration with Google Gemini, bringing live financial intelligence and Xero data directly into Gemini conversations. Powered by Xero’s agentic platform, JAX, small businesses and their advisors who use the connected app will see their real-time financial data flow directly into Gemini while maintaining secure, continuous synchronization with Xero. … Expense management solutions provider Expensify announced a native, two-way integration with AI-driven ERP provider Campfire. With the integration, Campfire’s chart of accounts syncs into Expensify as categories, with departments and other dimensions as tags, and tax rates where available. Out-of-pocket expenses post to Campfire as vendor bills, matched to the employee who submitted them. Company card transactions post as journal entries and can be routed by card program or individual card. Card settlements and ACH reimbursements post to Campfire as payments; and a daily sync exports expense reports to Campfire on an accrual or cash basis. … Big Four firm Deloitte announced a partnership with contract management solutions provider Sirion to expand their collaboration on integrated AI-powered solutions that provide deeper visibility into commercial terms, supplier relationship data and contractual compliance across complex global supply chains. The alliance helps connect contract data with broader enterprise systems including procurement, finance and enterprise resource planning platforms. … Intuit has signed an agreement to acquire Sequence, a Series A revenue management company that automates the end-to-end quote-to-revenue process for businesses. The acquisition will extend Intuit’s financial system of intelligence with new revenue management capabilities and strengthen its mid-market offerings, including Intuit Enterprise Suite and QuickBooks Online Advanced. Sequence replaces spreadsheets and manual billing workflows with an AI-native revenue management platform. With Sequence, Intuit will give mid-market businesses and the accounting firms who advise them a single platform to price, bill and collect on revenue tied to consumption, usage, seats and milestones. … Citrin Cooperman, a Top 25 Firm, announced a strategic alliance with Michael Best & Friedrich LLP, an Am Law 200 full-service law firm, to bring together intellectual property strategy and management consulting for middle-market companies and private equity funds in the life sciences, technology, manufacturing and other sectors. The alliance connects Michael Best’s IP practice — including Best LuminEdge, the firm’s proprietary platform for mining global patent and IP data into decision-ready intelligence — with Citrin Cooperman Advisors’ management consulting practice, which advises middle-market and private-equity-backed companies on strategy, growth and exit readiness. Together, the firms will help clients develop IP strategies that are built into overall business and growth planning from the outset.