Tech News: FinQuery releases contract management solution
By Chris_Gaetano
FinQuery, the company formerly known as LeaseQuery, has launched the AI-enabled FinQuery_Contract_Management software. This innovative solution enables users to upload contracts directly into an AI-powered interface, utilize contract data for cash flow forecasting and budgeting, receive automated alerts for impending deadlines, securely store all contracts in a central location, and access them via a user-friendly dashboard or search function. Unlike traditional contract management tools tailored for legal departments, FinQuery’s solution caters specifically to professionals in finance and business, empowering them to actively manage contractual relationships.
Vic.ai, a payments automation solutions provider, has introduced new features in its latest software release. The platform now offers fee-free transactions within the U.S. and identifies vendor-specific early payment discounts using AI technology. Users can proactively schedule payment batches, send international payments in local currency, and benefit from enhanced communication features such as email notifications and invoice tracking.
Intapp, a business software provider, has unveiled Intapp Assist for DealCloud, an AI-powered solution designed to enhance deal management. This generative AI tool offers actionable insights, personalized outreach suggestions, and narrative generation capabilities to streamline business development efforts. Additionally, Intapp has launched Intapp Data, a comprehensive firmographic data set, and announced plans to acquire AI software company delphai.
Vigilant AI, a Canadian financial data solutions provider, has released Vizschón, an AI audit platform. Vizschón offers auditors a secure cloud-based environment to conduct various audit tests, including control testing and cut-off testing. The platform supports continuous audit practices and lays the groundwork for integrating large language models in accounting processes.
TaxBit, a crypto tax and accounting solutions provider, has added support for FASB Reporting feature in its Accounting Suite. This feature aligns with the latest Accounting Standard Update (ASU) 2023-08, enabling users to report crypto assets at fair value accurately. TaxBit’s FASB Reporting feature automates the required disclosure reporting and supports various cost basis methodologies.
In other industry news, top firm RSM has partnered with cybersecurity company Stellar Cyber to enhance cybersecurity defenses, while Intapp has collaborated with DCM Insights to launch the Activator Experience solution. Additionally, insurance solutions provider Cytora is automating claims document processing, and investment management firm Clearwater Analytics has been selected by T. Rowe Price to support its stable value fund business.
These developments underscore the ongoing innovation and collaboration within the tech and finance sectors, paving the way for more efficient and secure business operations.
