BigTime Software has closed a $14 million investment round. The Chicago, Ill.-based firms markets time and billing software for professional services firms.

The Internal Revenue Service has issued a draft of Form W-4  to be used in 2020. The revised form, which discards the concept of withholding allowances, is expected to be released in mid-to-late July to give employers and payroll processors the ability to update systems before the final version form is released in November.

Bill.com has introduced the Bill.com Intelligent Business Payments Platform. The company says the product, which utilizes artificial intelligence, utilizes its Intelligent Virtual Assistant capability to automatically handle invoices.