Tax compliance solutions provider Vertex announced it is partnering with e-commerce software company Mirakl, hailing the certified integration of Vertex® O Series® and the Mirakl Marketplace Platform. The partnership means those using Mirakl’s platform will be able to automate the update of tax rates and rules, as well as determine and calculate of sales, seller use and value-added tax (VAT) on marketplace transactions. … Small business software company Xero said it is partnering with Flinks, an open banking solutions provider, to give small businesses in Canada and the United States secure access to more than 20 direct bank connections, plus transaction data. For customers this will include, but not limited to, direct bank feeds with the National Bank of Canada and EQ Bank, as well as US based banks. … BillingPlatform , the enterprise revenue lifecycle management platform, announced that it has renewed its multi-year agreement with Australian cloud-based wealth accounting and SMSF administration software provider Class . … Business solutions provider Quadient , and Xero , a cloud-based accounting software for small to medium-sized enterprises, have announced a strategic partnership in North America and the United Kingdom. Xero integrates with Quadient’s Accounts Payable (AP) capabilities to fully automate and streamline accounting processes. Quadient AP, using Xero’s expertise, enables customers to automatically collect and input data into Xero using Quadient’s optical character recognition capability, which uses AI to eliminate 83% of data entry. This efficiency helps to reduce the average cost of processing an invoice from $16 to $2. … Tres Finance , which provides an accounting and financial data reporting platform for crypto assets, announced it has raised $11 million in Series A financing. The additional funds bring the total raised by TRES to $18.6mn from investors, including Faction (https://www.faction.vc/ ), boldstart (https://boldstart.vc/ ), and New Form (https://www.newformcap.com/ ) alongside strategic angels and partners.
