Discover the Top 10 Accounting Trends & Innovations [2026]

Accelerate Productivity in 2025

Reignite Growth Despite the Global Slowdown

DOWNLOAD YOUR 25 PAGE TOOLKIT

Executive Summary: What are the Top 10 Accounting Trends in 2026 & Beyond?

1. Machine Learning (ML) and Generative AI: Accounting businesses automate invoice processing, journal entries, and financial close while improving fraud detection and cash-flow forecasting. The artificial intelligence (AI) in the accounting market size will rise from USD 6.89 billion in 2025 to USD 53.41 billion in 2034.
2. Continuous Learning and Upskilling Tools: With 75% of Certified Public Accountants (CPAs) set to retire within 15 years, firms face a major talent gap and loss of expertise. To address this, they implement structured digital training to upskill younger professionals in AI, analytics, and cloud technologies.
3. Cloud Computing: Software-as-a-Service (SaaS) platforms replace legacy systems to enable real-time collaboration, continuous compliance, and embedded AI/ML. The cloud accounting service market is expected to reach USD 26.67 billion in 2025 and expand to USD 69.3 billion by 2033.
4. Cybersecurity: Zero Trust, multi-factor authentication (MFA), endpoint detection and response (EDR), and more protect ledgers and filings, while orchestration and immutable backups reduce ransomware impact. PwC demonstrates this by enabling encryption-by-default for tax and audit documentation.
5. Blockchain: Immutable ledgers, triple-entry accounting, and smart contracts automate reconciliation and compliance, reduce fraud, and support real-time auditing. PwC’s blockchain-based networked audit system allows auditors to directly verify transaction authenticity and integrity. It also reduces manual reconciliation time by 90% versus traditional methods.
6. Sustainability and ESG Reporting: EU Corporate Sustainability Reporting Directive (CSRD) and emerging rules improve audit-ready environment, social, and governance (ESG) workflows. Also, audit-ready ESG reporting platforms link financial and environmental data for traceable, ISO-aligned outputs. ESG advisory markets are also expanding, with spending expected to rise to USD 59.58 million by 2030.
7. Real-Time Payments (RTP): Instant settlement improves cash flow and reconciliation with ISO 20022-rich data, bank application program interfaces (APIs), and cloud-native rails. The RTP market is projected to reach USD 198.08 billion by 2030.
8. Client Advisory Services (CAS) Expansion: Automation frees capacity for forecasting, KPI tracking, and scenario planning as firms shift from hourly to value-based pricing. Net client fees per professional (NCFPP) increased 29% with a median of USD 156 250, and only 10% of CAS practices still use hourly billing. This implies that 90% have moved to fixed-fee or value-based pricing.
9. Regulatory Technology (RegTech): Automated reporting, real-time monitoring, know your customer (KYC) onboarding, and change-management tools reduce costs and improve auditability with cloud and explainable AI. Banco do Brasil’s deployment of Napier’s screening solution lowered false positives by over 90%.
10. Offshore Staffing: Talent shortages and wage gaps drive adoption of offshore teams supported by secure cloud tools, robotic process automation (RPA), and analytics. Finance and accounting outsourcing grows from USD 54.79 billion in 2025 to USD 81.25 billion in 2030. In parallel, the US offshore accounting segment is projected to exceed USD 130 billion by 2028 with a 15% annual growth.

Read on to explore each trend in depth – uncover key drivers, current market stats, cutting-edge innovations, and 20 leading innovators shaping the future.

Frequently Asked Questions

1. How is technology improving the accounting industry?

AI, ML, RPA, cloud computing, and APIs automate invoice capture, reconciliation, and financial close. These tools improve anomaly detection, strengthen governance, and offer real-time insights for advisory services.

2. What is the scope of emerging accounting industry trends?

Accounting trends span ML and generative AI, continuous learning and upskilling, cloud computing, cybersecurity, and blockchain. They also include sustainability and ESG reporting, RTP, CAS expansion, RegTech, and offshore staffing. Together, they shift accounting firms from manual compliance to always-on, data-driven advisory.

3. How big are the key technology markets shaping accounting?

The AI in the accounting market is expected to grow from USD 6.89 billion in 2025 to USD 53.41 billion by 2034, at a 25.6% CAGR. Moreover, the global accounting software market size is projected to reach USD 31.25 billion by 2030 with an 8.4% CAGR from 2025 to 2030. Also, finance and accounting outsourcing is valued at USD 54.79 billion in 2025 and projected at USD 81.25 billion by 2030.

Methodology: How We Created the Accounting Trend Report

For our trend reports, we leverage our proprietary StartUs Insights Discovery Platform, covering 7M+ global startups, 20K technologies & trends, plus 150M+ patents, news articles, and market reports.

Creating a report involves approximately 40 hours of analysis. We evaluate our own startup data and complement these insights with external research, including industry reports, news articles, and market analyses. This process enables us to identify the most impactful and innovative trends in the accounting industry.

For each trend, we select two exemplary startups that meet the following criteria:

• Relevance: Their product, technology, or solution aligns with the trend.
• Founding Year: Established between 2020 and 2025.
• Company Size: A maximum of 200 employees.
• Location: Specific geographic considerations.

This approach ensures our reports provide reliable, actionable insights into the accounting innovation ecosystem while highlighting startups driving technological advancements in the industry.

Innovation Map outlines the Top 10 Accounting Trends & 20 Promising Startups

For this in-depth research on the Top Accounting Trends & Startups, we analyzed a sample of 50 200+ global startups & scaleups. The Accounting Innovation Map created from this data-driven research helps you improve strategic decision-making by giving you a comprehensive overview of the accounting industry trends & startups that impact your company.

Tree Map reveals the Impact of the Top 10 Accounting Trends

In 2026, accounting shifts from manual bookkeeping to automated audit, tax, and reporting workflows. ML and generative AI detect anomalies, forecast cash flows, and file taxes automatically. Cloud platforms centralize ledgers and enable real-time collaboration, while RegTech ensures compliance with SOX and IFRS.

Blockchain secures transactions, ESG platforms streamline CSRD and Securities and Exchange Commission (SEC) disclosures, and real-time payments automate reconciliation. Accounting firms expand CAS for forecasting and advisory, while offshore staffing fills seasonal tax and audit demand with certified professionals.

Global Startup Heat Map covers 20 Accounting Startups & Scaleups

The Global Startup Heat Map showcases the distribution of 50K+ exemplary startups and scaleups analyzed using the StartUs Insights Discovery Platform. It highlights high startup activity in the USA and UK, followed by India. From these, 20 promising startups are featured below, selected based on factors like founding year, location, and funding.

Want to Explore Accounting Innovations & Trends?

Top 10 Emerging Accounting Trends [2026 and Beyond]

1. ML & Generative AI: Market to Reach USD 53.41 B by 2034

The adoption of ML and generative AI in the accounting industry is increasing as businesses confront growing data volumes, stricter compliance demands, and a shrinking pipeline of certified accountants. Consequently, accountants rely on AI-driven tools to automate invoice processing, journal entry posting, and financial close activities. This automation frees professionals to focus on advisory work that directly supports clients.

At the same time, these technologies enhance fraud detection by monitoring transactions for duplicate payments, unusual vendor behavior, or anomalies that manual audits might overlook. It reduces financial losses and strengthens governance across accounting operations. For instance, KPMG, the US audit, tax, and advisory firm, announced the integration of generative AI into KPMG Clara, which is a global smart audit platform.

Moreover, predictive ML models improve financial forecasting and cash flow planning by analyzing historical records and market inputs. As a result, firms achieve more accurate budgeting and better strategic decision-making. A clear example comes from Deloitte’s Argus platform, which applies ML to audit data and provides predictive insights for risk identification.

To enable these automation and analytical capabilities, LLM- and NLP-based solutions interpret contracts, policies, and workpapers to generate reconciliations and narratives.

In parallel, optical character recognition (OCR) combined with document AI converts invoices and receipts into structured, validated entries for accounting systems.

In addition, ML algorithms improve classification and anomaly detection accuracy. They do so by analyzing large datasets to identify subtle irregularities in transactions that traditional rule-based systems often miss.

Also, robotic process automation (RPA) bots paired with AI execute end-to-end workflows across enterprise resource planning (ERP), tax, and audit systems. These enabling technologies depend on cloud platforms and application programming interfaces (APIs) that unify banking, payroll, and general ledger data.

Cybersecurity, data governance, and privacy frameworks safeguard sensitive ledgers and client data. This ensures compliance with regulations while enabling AI to augment decision-making. For example, EY’s Helix tool enables teams to analyze large volumes of audit-relevant data. It provides deeper insights into clients’ financial close and business operations.

Similarly, PwC’s rollout of ChatGPT Enterprise enhances secure audit and tax documentation. Another instance is Xero’s AI-powered suite, which includes Just Ask Xero (JAX), smart reconciliation, AI analytics, and support. It detects irregularities, automates workflows, and provides predictive, real-time insights.

Consequently, the AI in the accounting market is expected to grow from USD 6.89 billion in 2025 to USD 53.41 billion by 2034 at a CAGR of 25.6%.

PayMEE enhances Predictive Receivables Recovery & Risk Management

UAE-based startup PayMEE builds a SaaS platform that digitalizes receivables management through AI and ML.

Its solution, FOLLOWUP AI, retrieves and synchronizes client data across platforms, applies predictive modeling, and creates self-learning workflows to anticipate default risks. It also analyzes customer sentiment and behavior to evaluate payment patterns, while its propensity-to-pay model generates dynamic probability scores.

Additionally, the startup operates a vendor management system that automates vendor communication and streamlines settlement approvals. It also finalizes invoices and tracks performance with AI-driven interactions.

Moreover, financial institutions reduce net credit losses and strengthen oversight of impaired portfolios through transparent and automated exchanges with vendors.

Further, the platform integrates generative AI to recommend communication timing and detect early fraud indicators. It also enforces compliance tasks to ensure accuracy and consistency across processes.

Nominal advances GenAI-based Accounting Management

US-based startup Nominal creates an AI-powered accounting platform that automates intercompany reconciliation, consolidation, and financial closure processes.

It runs without requiring migration from existing ERP systems. Also, the startup’s AI agents match and reconcile transactions across entities and currencies. Further, they eliminate duplicates to generate consolidated financials in real time.

The platform applies ML to detect anomalies and explain variances. Also, generative AI produces narrative variance analyses and customizable workflows that adapt to specific accounting needs.

Nominal integrates directly with general ledgers and subledgers, replicating structures to ensure accuracy across multi-entity operations. These capabilities reduce reliance on spreadsheets, increase month-end close cycles, and deliver CFO-level insights on demand.

2. Continuous Learning & Upskilling Tools: 75% of CPAs Retiring by 2040

Continuous learning and upskilling tools equip accounting professionals with the skills to integrate AI, automation, and analytics into their workflows. Structured training programs teach accountants how to use AI platforms that handle reconciliations, anomaly detection, and transaction coding. Businesses that provide certifications, mentorship, and specialized training improve retention while lowering turnover costs.

Trained staff provide compliance work and advisory services. Thus, accounting businesses that invest in continuous learning report stronger engagement and profitability.

As digitalization increases, accountants must build proficiency in cloud accounting, data analytics, and AI. However, the profession faces a demographic crisis. The American Institute of CPAs (AICPA) reported that 75% of today’s public accounting CPAs are expected to retire within the next 15 years. This makes reskilling critical to sustain accounting service delivery.

Regulatory complexity adds another layer, as businesses must train staff to handle sustainability metrics, International Financial Reporting Standards (IFRS) compliance, and continuous audit requirements. For example, Deloitte employs Cura, an AI-powered digital learning platform that offers over 400K learning assets, personalized to learners’ interests and needs.

Automation also reduces the volume of manual compliance tasks, and accountants are now expected to act as business advisors. This role requires stronger analytical, communication, and strategic skills, which structured learning programs provide. PwC’s Academy illustrates this transition by expanding its curriculum to cover digital finance and reporting modules. It is preparing accountants for advisory-focused work.

AI and ML platforms enhance upskilling by creating adaptive learning paths that personalize accounting training content based on individual progress. Cloud-based platforms provide training environments for global accounting teams. These platforms allow professionals to access learning modules on tax, audit, and financial reporting from anywhere.

KPMG’s USD 100 million partnership with Google Cloud illustrates this impact, as it expanded cloud-based audit training for its workforce and achieved an increase in service bookings.

Learning management systems (LMS) track certifications and competencies across firms. This ensures accountants remain current with compliance requirements and evolving industry standards.

Data analytics tools measure training effectiveness and guide firms to focus on skills that improve business outcomes. At the same time, RPA labs allow accountants to experiment with automation workflows. Also, virtual reality (VR) modules create immersive environments for audit or compliance training.

Even smaller practices benefit from this shift. The UK government launched the AI Upskilling Fund. It is a pilot scheme that offers up to 50% grant support for SMEs in professional and business services, including accountancy firms. It targeted subsidizing AI-related training to drive adoption and productivity.

Similarly, Kaplan reports that its Association of Chartered Certified Accountants (ACCA) pass rates are 28% higher than the global average. This is based on first-time pass rates across all ACCA levels in 2024.

edZeb provides Upskilling Solutions for Accounting Professionals

Indian startup edZeb specializes in continuous learning and upskilling in accounting and finance through its edtech platform.

The platform combines live online and classroom programs to train students in professional certifications such as ACCA, Chartered Financial Analyst (CFA), Certified Management Accountant (CMA), and financial modeling. This ensures that learners gain both theoretical understanding and practical application skills.

Additionally, it applies the KICN teaching methodology, which integrates mentorship, case-based learning, and placement support. This method enables students to connect concepts with real-world accounting challenges.

Further, edZeb enables future accountants and finance professionals by offering application-oriented programs, placement success rates, and industry-aligned skill development.

Finprov offers Simulation-based Accounting Courses

Indian startup Finprov specializes in continuous learning and upskilling in accounting by combining theoretical instruction with practical training.

It offers programs such as PGDIFA, BASP, IBAP, and CBAT, and also provides specialized courses on tools including SAP S/4HANA FI, Zoho Books, GST simulation, UAE VAT, and corporate tax.

The startup applies simulation-based learning, adopts case studies, and develops real-world projects that enhance job readiness and align with industry standards. Additionally, it facilitates placement opportunities through the SpotGiraffe portal, which connects learners with employers in the accounting and finance sector.

3. Cloud Computing: USD 5.6 B Cloud Accounting Software Market by 2029

The global cloud accounting software market is projected to reach USD 5.6 billion by 2029 at a CAGR of 7.8%. In parallel, the cloud accounting service market is expected to reach USD 26.67 billion in 2025 and USD 69.3 billion at a CAGR of 12.67% from 2025 to 2033.

Businesses are moving from legacy, hardware-dependent systems to cloud platforms. These platforms automate reconciliation, invoicing, and reporting, which reduces manual workload and allows accountants to focus on higher-value advisory services.

Cost efficiency further improves adoption, as subscription-based SaaS models eliminate infrastructure costs and provide higher return on investment (ROI).

As hybrid and remote work models become the norm, accountants rely on cloud platforms to access tax filings, audits, and ledgers securely from any location. Real-time collaboration features also allow distributed teams, auditors, and clients to work on the same financial records simultaneously. This capability eliminates version-control issues common in spreadsheet-driven workflows.

Compliance is another critical driver. Automated rule-checking, continuous auditing, and real-time monitoring allow firms to keep pace with tax law updates and reporting standards. For example, SAP S/4HANA‘s subledger solutions are often implemented with Birlasoft support. They ensure compliance with IFRS 9 and IFRS 17 by automating accounting processes with precision and transparency.

AI and ML embedded in cloud systems categorize transactions, detect anomalies, and forecast cash flows with increasing accuracy. For example, Bradesco Bank in Brazil adopted Google Cloud AI to detect suspicious activity, which strengthened compliance with anti-money laundering regulations.

SaaS platforms such as QuickBooks Online, Xero, and Microsoft Dynamics 365 provide subscription-based access. These platforms eliminate installation requirements and ensure accountants always use the latest versions with updated tax rules.

Robotic process automation (RPA) integrated into cloud environments creates end-to-end automation for invoice processing, payments, and reconciliations. This reduces processing times from days to minutes and frees accountants to focus on higher-value analysis.

At the same time, cloud storage allows unlimited financial recordkeeping with automated backups and disaster recovery. Data analytics enables accountants to process large datasets in real time and generate accurate management dashboards.

Additionally, cloud platforms rely on cybersecurity frameworks. This includes encryption, multi-factor authentication, and SOC 2/ISO 27001 certifications, which safeguard more than most in-house systems.

Ankpal Technologies builds Cloud-based Accounting Software for MSMEs

Indian startup Ankpal Technologies builds cloud-based accounting software that streamlines financial operations for businesses of all sizes.

The software operates on a cloud infrastructure and manages core tasks such as GST billing, e-invoicing, bank reconciliation, and compliance reporting with real-time accuracy.

Moreover, the software automates accounts receivable and payable workflows and integrates with banking systems. It also monitors inventory across multiple locations to reduce manual effort and errors.

Additionally, Ankpa Technologies supports payroll management and branch-level control. It also enables multi-company consolidation while generating audit-ready reports for SMEs, manufacturers, professionals, and tax consultants.

Poochpay simplifies Cloud-based Invoice Processing

Australian startup PoochPay deploys a cloud-based accounts payable (AP) solution that automates invoice processing. The startup uses AI to quickly capture, code, and validate invoices, and its team provides human specialists to review exceptions and ensure accuracy.

The solution captures, codes, and validates invoices across all formats and compares them against contracts, rate cards, and purchase orders. It then displays results in an interactive dashboard for easy review.

The solution streamlines approvals by eliminating back-and-forth communication and generating payment-ready files for upload. It also produces custom or recurring reports that enhance financial visibility.

4. Cybersecurity: PwC Enables Encryption-by-Default

Cybersecurity is gaining urgency in the accounting industry as businesses handle sensitive ledgers, tax filings, and client data under mounting cyber threats and tightening regulations.

Accounting firms strengthen defenses across email, endpoints, and cloud systems to prevent costly disruptions during financial closes and tax seasons. These measures protect both revenues and audit integrity.

At the same time, security systems monitor accounting workflows for suspicious activity, such as duplicate vendor payments, unusual voucher edits, or unauthorized data exports. Manual reviews often miss these red flags, so automated vigilance reduces financial losses and improves governance.

For example, BDO Canada suffered from a ransomware attack in mid-2023 via MOVEit, which had a critical zero-day vulnerability. It highlighted the importance of continuous monitoring and vendor risk management in protecting sensitive client records.

Accounting businesses also support resilience programs by combining immutable backups with automated restore processes. These safeguards ensure that ransomware cannot stop payroll runs or delay e-filings. As a result, accounting teams maintain client service levels and reduce breach-related losses even during major attacks.

To enable protections, Zero Trust frameworks and multi-factor authentication (MFA) verify every access request to the general ledger, accounts payable, and audit platforms. These solutions ensure proper segregation of duties. Deloitte applies MFA and conditional access controls in client-facing audit environments to reduce exposure.

Endpoint detection and response (EDR) systems further secure staff laptops by isolating infections during active engagements. This containment prevents malware from spreading in reporting periods.

Additionally, security information and event management (SIEM) with behavior analytics correlates logs and flags irregular data exports. These tools provide searchable trails for auditors.

Data loss prevention (DLP) and encryption systems protect identifiers such as social security numbers (SSNs) and bank details. They block leakage through email or file sharing. PwC demonstrates this by enabling encryption-by-default for tax and audit documentation.

Cloud accounting platforms also require stronger safeguards. Cloud security posture management (CSPM) and cloud infrastructure entitlement management (CIEM) correct misconfigurations and limit unnecessary access across systems.

In parallel, security orchestration and automated response (SOAR) tools isolate infected systems and block malicious internet protocols (IPs). They also trigger clean restores and reduce recovery times from days to minutes.

Also, threat monitoring scans virtual private networks (VPNs), email, and ERP traffic for account takeovers and deepfake-enabled fraud attempts. This strengthens early detection across accounting workflows.

Red Dog Security performs AI-enhanced Cybersecurity Assessments & Penetration Testing

US-based startup Red Dog Security applies specialized testing for accounting firms and finance-related businesses. This includes endpoint reviews, phishing exposure checks, and ransomware protection assessments, which address critical risks in managing sensitive financial data.

It deploys an AI-augmented cybersecurity platform that identifies vulnerabilities in applications, infrastructure, and cloud systems.

The platform uses automated scanning with expert validation to detect flaws like misconfigurations, SQL injections, and authentication weaknesses.

Moreover, the startup supports compliance-focused assessments that prepare organizations for system and organization controls 2 (SOC 2), ISO 27001, and payment card industry data security standard (PCI DSS) audits with audit-ready documentation.

iComply online offers Cybersecurity Advisory Services (CAS)

US-based iComply online provides cybersecurity compliance solutions that allow accounting firms and financial institutions to protect sensitive data and meet regulatory requirements.

The solutions assess systems and identify vulnerabilities. They also implement tailored safeguards through advisory services, compliance packs, and a virtual Chief Security Officer (vCSO).

Additionally, the startup offers training services and policy templates that enable firms to strengthen their internal security frameworks with practical, ready-to-use resources.

Moreover, it simplifies compliance by supporting standards such as the Federal Trade Commission (FTC) Safeguards Rule and SOC 2. It also ensures alignment with ISO 27001 so firms remain both audit-ready and resilient against cyber threats.

iComply online equips accountants and small businesses with tools such as the WISP Compliance Pack and Cybersecurity Incident Response Plan. It also provides solutions like the Access Control Policy, Encryption Policy, and Password Policy to minimize cyber risks, maintain client trust, and secure operations.

5. Blockchain: PwC’s Audit System Reduces Reconciliation Time by 90%

Accounting businesses turn to blockchain to meet regulatory requirements such as Sarbanes-Oxley (SOX), International Financial Reporting Standards (IFRS), and anti-money laundering (AML) rules. Immutable ledgers provide auditors and regulators with automated compliance trails, reduce the risk of penalties, and increase trust in reporting processes.

At the same time, blockchain addresses fraud and manipulation risks by creating tamper-proof records secured through cryptographic hashing. This gives accounting teams stronger control over sensitive transactions.

Blockchain also improves efficiency by automating reconciliations and eliminating duplicate ledger matching. This reduces costs and enables firms to improve reporting cycles, shorten audits, and shift resources from manual bookkeeping to advisory services.

PwC’s blockchain-based networked audit system allows auditors to directly verify transaction authenticity and integrity. This reduced manual reconciliation time by 90% compared to traditional audit methods.

Also, KPMG deployed a blockchain-enabled supply chain tracking platform for a global retail client. It uncovered supplier fraud through repeated invoicing and led to the recovery of about USD 8 million.

Triple-entry accounting further strengthens trust by introducing a shared cryptographic ledger as a third layer of verification. It also removes disputes between parties. Real-time auditing builds on this capability by allowing auditors to access all transactions instantly. It moves the profession from periodic sampling to continuous monitoring.

Smart contracts extend the automation by executing invoice approvals, payment settlements, and compliance checks without manual intervention.

To support these developments, enterprise blockchain frameworks such as Hyperledger Fabric and R3 Corda provide scalability, permissioned access, and compliance features suited to audits.

In parallel, blockchain-as-a-service (BaaS) offerings from AWS and Oracle lower the adoption barrier. They provide pre-built networks, automated security updates, and integration support.

Encryption, digital identity, and zero-knowledge proof (ZKP) technologies further safeguard financial records by restricting access and verifying transactions without exposing sensitive data. For example, EY’s blockchain analyzer applies ZKPs to cryptocurrency audits while combining transparency with confidentiality.

TRES Finance designs a Web3 Compliance Management Platform

Israeli startup TRES Finance creates a blockchain-powered compliance platform that automates accounting, audits, and reporting for digital asset operations.

Through its solution TRES FinOS, the startup aggregates financial data points from Web3 networks, exchanges, custodians, and banking sources. It then converts raw transaction records into structured, context-rich insights for reconciliation and compliance workflows.

Moreover, TRES FinOS integrates AI-driven automation to streamline ledger entries, increase reconciliation, and generate audit-ready reports directly into existing ERP systems.

Additionally, the startup offers TRES Query, a solution that provides staking reward data and proof-of-funds capabilities. It enables firms to track balances across millions of wallets and produce verifiable reports for regulators and auditors.

Breezing provides a Crypto Accounting Tool

Swiss startup Breezing creates a blockchain-based accounting platform that simplifies the management of crypto transactions for accounting teams.

The platform integrates directly with blockchains, exchanges, and accounting systems such as Xero, QuickBooks, and Bexio. It automatically syncs journals and reconciles accounts payable and receivable without requiring manual intervention.

Additionally, it applies automated features such as spam transaction detection, auto account labeling, and customizable workflow rules to reduce errors and save time.

Moreover, the startup manages transactions at scale, encrypts all data end-to-end, and enables collaboration by allowing accounts teams to review and validate transactions.

Further, Breezing enables accountants and businesses to streamline crypto accounting and ensure compliance. It also allows them to close books with greater accuracy and efficiency.

6. Sustainability and ESG Reporting: USD 59.58 M Advisory Market by 2030

Sustainability and ESG reporting are reshaping accounting as businesses face stricter regulations, growing investor scrutiny, and stronger stakeholder expectations. The European Union’s CSRD and the United States SEC climate disclosure rules require companies to disclose detailed sustainability data. These disclosures link financial outcomes with environmental and social performance. As a result, accounting firms create audit-ready ESG frameworks that improve compliance and reduce penalties while also strengthening trust in reporting.

ESG assets are expected to reach USD 53 trillion by 2025. Consequently, accounting firms are embedding ESG into due diligence and audits. For example, KPMG’s collaboration with Workiva developed integrated digital workflows for CSRD compliance.

ESG reporting enhances risk management by identifying environmental, social, and governance risks often overlooked in traditional audits. For instance, Grant Thornton reduced emissions 40% from its 2019 baseline while expanding ESG advisory services. Likewise, Deloitte introduced ESG rating services in China to combine audit practices with risk forecasting.

Several technologies now enable ESG reporting. Automated validation systems are especially relevant because they check data accuracy, highlight irregularities, and track regulatory changes across jurisdictions. For example, Microsoft applies carbon tracking systems to integrate emissions data directly into financial reports. It creates a reliable basis for disclosures.

Similarly, internet of things (IoT) sensors allow accounting firms to monitor real-time data on energy use, water consumption, and emissions. These insights support compliance with environmental rules and also generate operational savings. Zenatix, by Schneider Electric, integrates IoT technology to streamline ESG reporting and strengthen sustainability efforts. It provides IoT solutions for energy, water, and carbon tracking, enabling companies to automate ESG disclosures.

In parallel, analytics and visualization tools are vital because they convert scattered ESG data into clear dashboards for decision-makers and stakeholders. Starbucks applies this approach in its Greener Stores program. It tracked 30% reductions in energy and water use while linking results to USD 60 million in annual savings.

At the same time, encryption and digital identity tools protect ESG metrics by ensuring that only authorized personnel can access or alter them. Renault, with IBM, applied blockchain-based compliance systems that lowered non-compliance costs.

Consequently, the ESG software market is projected to grow to USD 5.59 billion by 2033, growing at a CAGR of 20.7% from 2025 to 2033. In parallel, ESG advisory markets are also expanding, with spending expected to rise to USD 59.58 million by 2030, at a CAGR of 25.0%.

neoeco develops an ESG Reporting Platform

UK-based startup neoeco provides a sustainability and ESG reporting platform that connects environmental data with accounting systems to provide audit-ready outputs.

The platform automates data collection from suppliers, clients, and integrated systems. This includes Xero, SAP, and Microsoft Business Central, which ensures real-time accuracy and reduces manual work.

It also applies AI-driven modeling through its FiS Ledger. It turns raw sustainability and financial data into actionable forecasts that link carbon, cost, and compliance.

Moreover, neoeco generates customizable, branded reports that are traceable, ISO-compliant, and suitable for auditor and regulator review.

Zeropath builds a Carbon Accounting Software

UK-based startup Zeropath develops a carbon accounting software that allows businesses to measure emissions, track reduction efforts, and meet sustainability reporting obligations.

The software captures Scope 1, 2, and 3 data through built-in mapping and upload tools. It also uses predefined supplier categories to convert raw inputs such as fuel usage, electricity bills, and procurement data into structured emissions records.

Additionally, the software automates calculations and applies built-in emissions factors. It also generates clear dashboards and reports that align with standards like the Greenhouse Gas Protocol, streamlined energy and carbon reporting (SECR), and Energy Savings Opportunity Scheme (ESOS).

Moreover, Zeropath enables scenario modelling, reduction planning, and supply chain mapping. It also offers exportable reports in multiple formats to support both internal decision-making and external compliance needs.

7. Real-Time Payments: 51% of Businesses Currently Use Instant Payments

RTP enables instant fund transfers and settlement. The immediate availability of funds improves cash flow management and reduces reliance on short-term credit. It also allows businesses to capture early payment discounts while avoiding late fees.

Accounting organizations adopting RTP eliminate processing delays. This shift shortens receivable cycles, reduces disputes, and strengthens supplier and customer relationships through timely payments. Moreover, transparent, time-stamped transactions create audit trails that support compliance and reduce reconciliation errors. Owing to its widespread adoption, the RTP market is projected to reach USD 198.08 billion by 2030 with a CAGR of 35.5% from 2023 to 2030.

RTP systems automate reconciliation by embedding structured data within payments. As per Razorpay, AP system automation decreases invoice processing costs by up to 80%. For accountants, this reduces back-office workload and improves reporting accuracy.

Traditional methods, such as checks or automated clearing house (ACH) transfers, take days to settle, which ties up liquidity and slows reporting. In contrast, instant payment rails provide real-time cash position visibility. This capability is becoming essential, as a survey of over 2000 senior finance leaders found that 51% of businesses currently use instant payments, and 80% plan to adopt them by 2026. Governments are also rolling out systems to promote financial innovation.

APIs link banks, payment processors, and accounting software. This allows direct settlements from accounts payable. For example, QuickBooks uses APIs to automate vendor payments upon approval. Messaging standards such as ISO 20022 and SWIFT’s MX messages embed structured data. These standards improve reconciliation across payable and receivable accounts.

Cloud infrastructure supports millions of secure transactions simultaneously without downtime. This is essential for accounting organizations that manage high volumes of vendor payments, payroll, and client settlements. For example, Volante Technologies’ VolPay solution enables banks and accounting providers to integrate RTP into financial systems with cloud-native platforms.

Mobile and digital wallets expand access for contractors and gig workers. Meanwhile, encryption, tokenization, and multi-factor authentication (MFA) protect sensitive data.

Australian Payments Plus facilitates Real Time Payments

Australian Payments Plus is an Australian startup that offers payment and identity solutions to streamline financial operations in the accounting sector.

Its PayTo system allows businesses and consumers to make and receive real-time payments directly from bank accounts using PayID or bank state branch (BSB) and account numbers. Agreements are authorized and managed in online banking to give users full visibility and control.

Additionally, the startup provides the New Payments Platform (NPP), which processes fast, data-rich transactions around the clock and improves reconciliation as well as cash management.

Moreover, Osko enables instant peer-to-peer transfers between banks, while PayID simplifies transactions by linking accounts to identifiers such as mobile numbers or email addresses.

In addition, BPAY supports bill management through a trusted channel integrated into financial institutions, keeping payments secure and organized.

At the same time, the startup strengthens merchants with eftpos debit solutions that support cost-effective processing and tap-to-pay features.

Beem functions as a digital wallet that combines payments, transfers, and loyalty programs in one app. Similarly, ConnectID provides secure digital identity verification, which reduces fraud risks and eases compliance requirements.

Ivy supports Instant Account-to-Account (A2A) Payments

German startup Ivy offers a global financial infrastructure that simplifies real-time payments and banking operations for the accounting sector.

Its Payments product enables instant account-to-account transfers through open banking, reducing costs and eliminating chargeback risks. It also embeds transaction data for smooth reconciliation.

Moreover, the startup’s Borderless Accounts solution allows businesses to collect, hold, and convert funds across multiple local currencies and stablecoins using virtual international bank account numbers (IBANs). This improves treasury management and transaction tracking.

Additionally, its Payouts solution provides instant withdrawals to customer bank accounts via compliant payment rails.

8. Client Advisory Services Expansion: Net Fees per Professional at USD 156K

CAS is innovating the accounting industry by moving professionals beyond compliance tasks into strategic business roles. These services strengthen client relationships, create recurring revenue streams, and position accountants as long-term partners rather than seasonal providers.

According to the key findings from the 2024 CAS benchmark survey, firms reported a median increase in CAS net client fees (practice revenue) of 61% over 2022. Also, net client fees per professional (NCFPP) increased 29% with a median of USD 156 250. Only 10% of CAS practices reported using hourly billing as their primary pricing method. This implies that 90% have shifted to fixed-fee or value-based pricing.

Moreover, CAS converts the client-accountant dynamic into a strategic partnership. Clients receiving regular advisory services report higher satisfaction and retention, as accountants provide proactive guidance rather than reactive compliance.

This deeper engagement builds loyalty and generates referrals. It also allows accountants to specialize in niches such as construction, healthcare, or technology, where specialized CAS offerings command premium pricing and create competitive barriers.

Automation frees accountants from repetitive tasks and enables them to focus on advisory roles. At the same time, businesses leverage internal data for forecasting and risk management. Cost-conscious small and medium enterprises often prefer accountants as strategy partners instead of hiring separate consultants.

Cloud accounting platforms centralize financial data and enable real-time reporting. These platforms give both advisors and clients shared visibility into cash flow and performance. For example, Xero integrates real-time dashboards that allow accountants to provide continuous insights instead of end-of-month summaries.

Data analytics and business intelligence tools enhance CAS by converting raw data into trend analysis, scenario planning, and predictive forecasting. PwC’s data-driven advisory services demonstrate how analytics improve client decision-making and growth planning.

RPA also supports CAS by automating invoice processing, reconciliations, and payroll, freeing accountants for advisory engagements.

APIs integrate multiple systems, such as banking, payroll, and ERP platforms, into unified client dashboards to enable real-time advisory insights. Bill.com embeds APIs that allow accountants to monitor payments, liquidity, and vendor health.

Further, predictive analytics platforms extend CAS into forward-looking advisory. These systems forecast financial outcomes, assess risks, and support planning through tools like scenario modeling and sensitivity analysis.

OUTMIN deploys an AI-powered Bookkeeping Solution

Irish startup Outmin automates bookkeeping with an AI-powered platform that streamlines financial administration to support CAS expansion.

The platform connects directly with bank feeds, sales systems, and supplier portals to automatically collect financial data. This integration eliminates manual uploads and document chasing. It then applies intelligent data processing to classify, reconcile, and verify every transaction in real time. As a result, books remain clean and audit-ready.

Moreover, Outmin generates daily insights, including cash flow updates, profit and loss statements, and balance sheets. These insights give accounting firms accurate visibility into client performance.

Additionally, it enables firms to send invoices, track payments, and manage multiple client locations through a single dashboard. The platform also uses anomaly detection and human-backed oversight to maintain accuracy.

Ceedar offers a Full-service Bookkeeping Platform

Canadian startup Ceedar builds an AI-powered bookkeeping platform that combines automation with human expertise.

The platform connects directly with financial platforms that businesses use to manage money and records. It then processes transactions, reconciles accounts, and maintains accurate records without manual entry.

In addition, the platform generates weekly financial insights such as profit and loss statements, cash flow updates, and tax-related deadlines. This allows businesses to access timely data rather than wait months.

Moreover, Ceedar ensures compliance with accounting standards while maximizing tax deductions and keeping financials current. The platform also integrates with tools like Stripe, Wise, and Humi, which reduces plugin costs and creates a unified financial workflow.

9. RegTech: Banco do Brasil Reduces False Positives by 90%

RegTech is reshaping accounting as compliance demands escalate and financial penalties rise. Accountants now operate in a world defined by GDPR, MiFID II, the Dodd-Frank Act, and expanding ESG disclosure mandates, where manual methods fall short. To manage these obligations, accounting providers use automated tools that streamline reporting, monitor transactions in real time, and update policies the moment regulations change.

One core application is automated regulatory reporting. Instead of manually gathering and formatting disclosures, RegTech solutions extract ledger data, validate entries, apply formats such as XBRL and iXBRL, and submit reports directly to regulators.

Transaction monitoring adds another layer of protection by analyzing financial flows continuously and flagging suspicious activity. Banco do Brasil’s use of Napier’s screening solution lowered false positives by over 90% to free staff for higher-value work while strengthening fraud prevention.

Identity verification and KYC automation represent more gains. Biometric checks, document validation, and database cross-referencing now compress onboarding timelines from weeks to minutes.

Similarly, regulatory change management platforms scan global announcements, interpret new rules, and automatically update obligation registers.

These applications depend on a growing stack of enabling technologies. NLP interprets regulatory texts and enables accounting businesses to capture updates without manual reviews.

Blockchain adds immutable records and smart contracts that execute compliance checks automatically and provide regulators with secure, verifiable audit trails. For example, Elliptic applies blockchain analytics to screen cryptocurrency wallets. This enables accounting providers to manage digital asset compliance with precision.

Cloud computing provides the scalability to handle rising data volumes and supports RegTech-as-a-service (RaaS) models that replace upfront investments with predictable subscription costs. Deloitte’s divestment of its UK RegTech platform to Corlytics indicates how cloud-native tools are expanding global compliance coverage.

In parallel, explainable AI provides algorithmic transparency. It also allows businesses to demonstrate how automated decisions are made and satisfy regulators’ audit requirements.

Konsise assists with Tax & Beneficial Ownership Compliance

South African startup Konsise applies a tax management platform that centralizes client compliance and automates SARS-related processes.

The platform integrates directly with South African Revenue Service (SARS) e-filing to synchronize taxpayer data, display correspondence, and archive statements of account.

It also simplifies record keeping by consolidating multiple e-filing profiles into a single dashboard. This consolidation gives firms a high-level view of all clients’ compliance statuses.

Moreover, Konsise enhances accuracy with workflow tools that separate tax preparation, review, and sign-off across team members. These tools reduce errors and ensure accountability.

Additionally, it improves efficiency with dashboards that monitor compliance status, track submissions, and initiate SARS payments directly from the system.

With its security measures, including encryption, firewalls, and role-based access controls, the startup safeguards sensitive tax data.

Seamlss enhances Client Onboarding for Accounting & Bookkeeping Firms

Australian startup Seamlss applies a client onboarding platform that combines identity verification, engagement management, and compliance tools into one system.

The platform securely verifies client identities through source document checks or integrations such as a document verification service (DVS) stripe. It then automates the collection of client data and annual engagement letters to ensure records remain current and compliant.

Additionally, it simplifies regulatory processes by streamlining Australian Taxation Office (ATO) agent linking. It also consolidates tax-related workflows and syncs client data directly into Xero Practice Manager (XPM) to eliminate manual entry errors.

Moreover, Seamlss enhances efficiency with features like bulk identity checks, customizable engagement templates, and automated progress tracking.

The startup strengthens data protection with encryption and two-factor authentication. These safeguards protect sensitive client information while maintaining compliance with the ATO and the Tax Practitioners Board (TPB) requirements.

10. Offshore Staffing: Market to Reach USD 81.25 B by 2030

Acute shortages of certified accountants, rising staffing costs, and seasonal workload spikes are driving offshore staffing in accounting. The need for operational flexibility and the availability of collaboration technologies improve this shift.

At the same time, data from the US Bureau of Labor Statistics shows the unemployment rate for accountants and auditors was just 2.0% during Q4 2024, and the rate for bookkeepers was 1.7%. This leaves businesses unable to meet local staffing demands and drives them to look offshore for talent.

As a result, the global finance and accounting outsourcing market is valued at USD 54.79 billion in 2025 and expected to reach USD 81.25 billion by 2030 at a CAGR of 8.21%.

In parallel, the US offshore accounting segment is projected to exceed USD 130 billion by 2028. It is growing at 15% annually, highlighting the increase in offshore adoption in mature markets.

Rising domestic salaries, with US accountants earning an average of USD 78 100 compared to USD 42 000 in Latin America, create strong cost pressures. According to Kimon Services, offshore staffing has the capacity to reduce labor costs by 50-70% while maintaining high standards and tighter budget control.

Seasonal surges, especially during tax season, also make offshore staffing attractive. Businesses scale teams without long-term hiring commitments while keeping client delivery uninterrupted.

Moreover, access to skilled offshore professionals with CPA, ACCA, and CMA credentials enables accounting businesses to expand tax preparation, compliance management, and reporting services. This growth occurs without the heavy cost of building these capabilities in-house.

Enabling technologies amplify these outcomes, with cloud accounting platforms like QuickBooks Online, NetSuite, and Xero enabling real-time collaboration. APIs also integrate offshore teams directly into accounts payable, receivable, and reporting workflows. This ensures consistency across systems.

RPA enhances offshore operations by automating invoice processing, reconciliations, and payroll. This reduces turnaround times from days to minutes. Advanced analytics improve offshore efficiency by forecasting cash flow, monitoring KPIs, and detecting anomalies. This ensures offshore teams contribute strategic insights as well as execution. For example, Filed integrates automation with offshore operations to process tax returns in a single season. It reduces turnaround times from one week to overnight.

Moreover, secure document management platforms, coupled with SOC 2 and ISO 27001 compliance frameworks, safeguard sensitive data. These measures maintain client trust across borders. Collaboration tools such as Slack, Zoom, and Microsoft Teams enable smooth communication.

At the same time, the project management system, Karbon, provides task visibility and deadline tracking across distributed teams. Time-tracking platform Harvest adds transparency and accountability. This tool ensures offshore productivity aligns with client expectations.

The dot HQ develops an Offshore Staffing Model

UK-based startup The dot HQ offers an offshore staffing model that supports accounting firms in scaling their operations through technology-driven outsourcing solutions.

The startup structures its services around Professionals On Demand (PODs). These include skilled accountants and finance professionals recruited, trained, and managed by the startup but integrated directly into client workflows.

The PODs operate within client systems and processes and ensure smooth use of accounting software such as Xero and QuickBooks. It reduces the costs of hiring and training in-house staff.

Moreover, the startup enhances transparency with its proprietary workflow management tool, dotKris, which tracks tasks, timelines, and communication to maintain oversight and accountability.

In addition, the startup ensures access to reliable, cost-effective, and high-quality talent while assuming responsibility for training, infrastructure, and performance management.

Remote Accounting adopts an Accounting Transition Methodology

Canadian startup Remote Accounting applies an offshore staffing model that supplies trained accountants, senior bookkeepers, and bookkeepers to CPA firms and accounting practices.

The startup assigns dedicated remote employees to work exclusively for client firms. These employees handle tasks such as general ledger accounting, accounts payable and receivable, tax return preparation, and monthly reporting.

Additionally, these professionals operate during client business hours, process accounts in real time, and maintain direct communication. This method lowers the costs and administrative challenges of hiring in-house staff.

Moreover, Remote Accounting strengthens security by using locked computers and VPNs to safeguard sensitive client data, maintain compliance, and ensure consistent operations.

Discover all Accounting Trends, Technologies & Startups

Privacy-preserving computation, homomorphic encryption, and federated learning are expected to enable accounting firms to train models on sensitive ledgers without exposing data. Verifiable credentials and digital identity wallets are streamlining attestations across audits and supplier onboarding. Quantum-safe cryptography will harden long-lived financial records against next-generation attacks.

Moreover, central bank digital currency (CBDC) pilots will pressure reconciliation processes to handle programmable money and policy-driven controls. Synthetic data will improve model testing for edge cases without risking client exposure. Additionally, agentic finance co-workers will perform close tasks end-to-end under human oversight.

The Accounting Trends & Startups outlined in this report only scratch the surface of trends that we identified during our data-driven innovation & startup scouting process. Identifying new opportunities & emerging technologies to implement into your business goes a long way in gaining a competitive advantage.