Professional services stories - Page 3

EY deploys agentic AI across 160,000 audit engagements, backed by Microsoft, as it launches new assurance services and training.

Felix lands USD $1.7 million to scale AI workflows for legal and finance teams, targeting consistency and audit trails over ad hoc prompts.

Vistra names Damian Leach as Chief AI & Digital Officer to accelerate global digital and AI upgrades across client services and operations.

Microsoft says Storm-1175 is exploiting newly disclosed flaws within hours, hitting organisations in the UK and elsewhere with fast-moving Medusa ransomware.

Cisco adds Deloitte veteran Pete Shimer to board, strengthening audit oversight as the networking giant pushes into AI-driven infrastructure.

AI agents prompt accounting firms to redesign bookkeeping and tax workflows as junior staff tasks are automated and human oversight stays central.

Legora tops USD $100 million ARR in 18 months as legal AI adoption accelerates across firms and corporate teams.

Advania names Sabrina Harris as UK Chief Financial Officer and Tara Allison as Chief Marketing Officer as it presses on with expansion after acquisitions.

VinciWorks earns first Fosway 9-Grid showing as a Solid Performer, boosting its profile in EMEA digital learning and compliance training.

One in three firms say clients now think AI can do expert work in-house, raising pricing pressure for agencies and consultancies.

KPMG survey shows global leaders will keep AI investment high through recession fears, as governance and workforce change separate winners from the rest.

Data analysis and AI literacy emerge as the most sought-after skills as Caseware study finds many accountancy firms unprepared for AI retraining.

Boldyn widens project software use across UK and Ireland as live cost data, forecasting and reporting boost gross margins and cut spreadsheet reliance.

European workers embrace AI on the job, but most fear personal data is being used to train tools and many have already seen errors.

AskNicely unveils Ask NiceAI to help managers at multi-site service businesses turn scattered customer feedback into faster, data-backed action.

Dext adds time-tracking insight to help accountants and bookkeepers spot workload bottlenecks and client-heavy periods on its Advanced plan.

Law firms in US and Canada face rising admin drag as LEAP research finds AI and automation could unlock profitability through fewer manual tasks.

360 Business Law unveils AI contract review for telecoms, claiming up to 70% faster turnaround and tailored risk checks for busy legal teams.

Silverfin adds Talking Points to help accounting firms turn compliance findings into client advice with AI summaries and action tracking.

UK accountancy firms adopt AI-led hybrid models with offshore teams as staffing shortages and new tax rules threaten up to GBP £4 billion in fees.