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Our Scans · (FS.2.02) Accounting Software & Systems · Weekly Summary

  • Agentic AI could account for 30% of enterprise application software revenue by 2035 exceeding 450 billion dollars. 1BusinessWorld
  • The world's largest software company pledged in January remove enough CO2 by 2050 to account for all its emissions since its founding in 1975, and to invest $1 billion in a carbon removal technology. GreentechLead
  • By 2035, agentic AI will account for 30% of enterprise application software revenue, $450 billion. Operating by John Brewton
  • Agentic AI will account for nearly 30% of enterprise application software revenue by 2035, surpassing $450 billion, compared to just 2% in 2025. MIT Sloan Management Review Middle East
  • In the CY 2026 proposed rule, CMS continues to acknowledge the challenges of adopting payment policy for Software as a Service (SaaS) under the PFS and in particular, the Practice Expense methodology, which does not account adequately for software algorithms and AI. Arnold & Porter
  • Underpinned by Crezco's account-to-account payments API, Xero will be the first major small business cloud accounting software in the UK to offer on-platform bill payments using open banking. Medium
  • Customers of accounting and tax software supplier Intuit have been warned of an ongoing phishing attack masquerading the organisation and attempting to mislead victims with fraudulent account suspension notifications. CySecurity News - Latest Information Security and Hacki
  • Trans-World Compliance is to release new software that will allow organisations worldwide to easily manage and simplify the compliance and regulatory requirements for the Foreign Account Tax Compliance Act and related legislation worldwide. Asset Servicing Times
  • By 2027, Forrester expects software and IT services to account for more than two-thirds of global tech spend. TechRadar pro
  • Online retail is expected to perform particularly strongly in areas such as media, electronic devices, computer software, and video games, where online will account for more than 50% of their respective total retail sales by 2028. ESM Magazine
  • Cloud technologies will account for 65.9% of application software spending in 2025, up from 57.7% in 2022. VentureBeat

Last updated: 24 March 2026


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