Tech News Summary:
- Wolters Kluwer and SAP have integrated their solutions to enable multinational companies to manage US state and local indirect tax filing obligations within SAP S/4HANA, streamlining compliance and enhancing efficiency.
- TaxBit has been selected by Gemini as its CESOP reports solution to streamline reporting obligations across the EU, while EY and ServiceNow have expanded their strategic alliance to provide solutions for compliance, governance, and risk management using generative artificial intelligence.
- These advancements represent a significant step forward in addressing evolving regulatory challenges faced by organizations across different industries and highlight the growing importance of integrating advanced technology solutions into financial processes to enhance compliance efforts and improve operational efficiency.
Drake Software, a leading provider of professional tax software, has announced the launch of DrakePay, a revolutionary new tool that is set to change the way accounting professionals handle payments.
DrakePay is a game-changer for professionals in the accounting industry, as it offers a seamless and efficient way to receive payments from clients. Through DrakePay, professionals can easily send invoices and collect payments online, streamlining the entire payment process.
With DrakePay, professionals can provide their clients with a secure and convenient way to pay their bills, allowing for faster and more efficient transactions. The tool also provides real-time notifications and tracking of payments, eliminating the need for manual reconciliation of payments.
“DrakePay is a game-changer for the accounting industry, as it simplifies the payment process for professionals and their clients,” said John Sapp, CEO of Drake Software. “We understand the challenges that accounting professionals face when it comes to managing payments, and DrakePay was designed to alleviate those challenges and make the payment process as seamless as possible.”
DrakePay is fully integrated with Drake Software’s suite of tax and accounting tools, providing a comprehensive solution for professionals to manage all aspects of their client payments.
“We are thrilled to introduce DrakePay to the market, as we believe it will revolutionize the way professionals handle payments,” Sapp added. “DrakePay is a testament to our ongoing commitment to providing innovative solutions that empower professionals and improve their day-to-day operations.”
DrakePay is now available to all Drake Software users, offering a secure and efficient way to handle payments and streamline the accounting process. With its launch, Drake Software continues to lead the industry in providing cutting-edge solutions for professionals in the tax and accounting field.