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Explore the latest shifts in U.S. accounting standards led by FASB, focusing on revenue recognition and lease accounting. Learn what these changes mean for businesses. Read more...
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Special Report: How AI Is Reshaping Payroll
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Intuit Buys AP Software Biz Invitco

Thursday, 15 May 2014

News

On the heels of its purchase of inventory software company, Lettuce, Intuit has announced the acquisition of Australian start-up, Invitco. The Sydney-based company developed cloud-based data extraction technology that is used in its accounts payable processing product, Invitbox. Intuit's rival Xero named Invitco as its Emerging Add-On Partner of the Year for 2013.

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