Elizabeth Beastrom

We’re excited to share that Thomson Reuters has acquired Additive, a GenAI-native startup focused on solving tax document processing with innovative AI tools that streamline workflows for tax and accounting professionals. By combining Additive’s cutting-edge AI with Thomson Reuters trusted content and technology, we’re accelerating our vision to deliver end-to-end tax workflow automation—helping professionals work faster, with greater accuracy and confidence. More here: https://lnkd.in/eJFFZbPB

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Connolly's RED MILLS needed a faster, lower-risk way to manage global accounts payable directly without manual FX negotiations, duplicated approvals, or reconciliation headaches. By integrating SAP with TransferMate, the team was able to cut international payment processing from hours to minutes, reduce FX costs with transparent, preferential rates, and lower human error through automation and confirmed vendor data. 📽️ Revisit the story and hear more from Connolly's RED MILLs at the video below: https://lnkd.in/egNB_6gr #GlobalPayments #TransferMate #SAP

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Transforming tax workflows from document collection to client delivery, Thomson Reuters is revolutionizing the industry by integrating SurePrep and SafeSend solutions. Our comprehensive approach saves firms valuable time—reducing turnaround by 29% and cutting assembly time to minutes. Learn more about the power of true end-to-end automation by reading our latest Innovation Blog post written by Piritta van Rijn, Head of Product, Accounting, Tax & Practice: https://lnkd.in/dRzUhRDc

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Improving efficiency through technology has become the #1 priority across firms of all sizes, according to Thomson Reuters 2025 State of Tax Professionals Report. A dramatic shift that signals the industry's recognition that fundamental change is no longer optional. The defining factor of success is integration over adoption. While many firms are still managing basic digital workflows, the most successful are deploying agentic AI to create seamless, intelligent workflows that embed critical intelligence at key decision points. A widening performance gap is emerging between tech leaders and laggards. Firms that embrace agentic AI technologies – capable of planning, reasoning, and adapting – are discovering new revenue opportunities while their competitors struggle with legacy processes. As the pace of technological advancement accelerates, the window for competitive repositioning is narrowing. The question isn't whether to invest in transformative technology, but how quickly firms can implement integrated solutions that position them for sustained growth. Read my full analysis in Accounting Today: https://lnkd.in/g3PTwd2n #TaxTech #FutureofProfessionals #AgenticAI #ThomsonReuters #TaxProfessionals

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Fund accountants are facing more complexity than ever—from capital calls to compliance—and in 2025, many are turning to AI, automation, and system integration for relief. Dynamo Managing Director Nield Montgomery shared key findings from Dynamo's 2025 Frontline Insight Report on Fund Accounting with CPA Practice Advisor—read insights now.

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I believe the goal of any firm is not to win, but to remain relevant and sustainable to continue playing the game. This conversation with David Cristello of Jetpack Workflow is all about what it takes for professional services firms to thrive and continue playing. We talked about: - Shifting from vertical to horizontal -> the necessary shifts in operating models as organizations mature - The idea that not all $ are the same and how to identify the most valuable revenue for future firm growth - The keys to building scale within an organization - Overcoming talent challenges with intentional development Listen to the full podcast here: https://lnkd.in/eTAtrqDr #cpa #growth #scale

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"I think the role of the CFO is going to change a lot over the next 10 years as we automate so much more of the manual work that goes on. And I think that will free up CFOs, comptrollers, heads of FP&A to do more high-level strategic thinking," says Duolingo CFO Matt Skaruppa on this episode of Chief Future Officer with Tim Stenovec. Tune in here: bloom.bg/4jX44Ol

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At the Minneapolis CFO Roundtable hosted by Hyperbots, leaders discussed how AI is transforming finance—from manual tasks to intelligent, real-time strategy. AI is transforming the financial value chain across Procure-to-Pay (P2P), treasury operations, tax planning, and Financial Planning & Analysis (FP&A), thereby shifting toward intelligent and data-driven finance. Thanks to Brenda Richens, MBA for participating in this meaningful conversation. #FinanceInnovation #AgenticAI #CFORewind #Hyperbots #ProcuretoPay #Treasury #TaxPlanning #FPandA #DataDrivenFinance #IntelligentFinance

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The IPO process tests your numbers—and your timing. Director Elise Parker shares how CFOs can align SEC filing windows, audit schedules, and team deliverables to ensure a confident path to market in her latest piece. https://lnkd.in/g4q-62Cj #IPOReadiness #IPO #goingpublic

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The audit landscape is evolving fast, and audit firms are being asked to do more (with less) across increasingly complex client environments. That's why audit firms partner with Vanta to: ✅ Cut audit completion times by up to 50% ✅ Centralize automated evidence collection ✅ Collaborate in real time ✅ Support more clients across multiple frameworks—without adding overhead Become a Vanta partner: https://lnkd.in/g-pNRv_X

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“This was the first automation I saw that actually worked.”  That’s how Reed Chase, Partner at Tanner LLC—one of the top 100 accounting firms in the U.S.—described their firm’s shift from manual audit work to Trullion. Before adopting Trullion, Tanner’s team was bogged down by slow, repetitive tasks like invoice testing, manual tie-outs, and data extraction. With Trullion, they’ve cut audit task time by up to 50%, accelerated testing, and empowered their team to focus more on analysis and decision-making. The platform continues to scale across their workflows, driving real results where it matters most. A big thank-you to Tanner for partnering with us on this story. Watch the video testimonial to see how Trullion helped transform their audit process >>> Devan Romano | Tevan Valtinson, CPA | Jonathan Mubata | Reed Chase

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