Welcome to our weekly round-up of the latest news and updates from the accounting tech world.
This week, Tech Lowdown features Senta’s practice management software, Inform Direct and the UK expansion of the payments fintech startup Zeta.
* * *
Senta expands practice management offering
In a recent release, Senta has added new functionality to its practice management solution. Senta is now offering the possibility to use client contact roles to assign tasks. The client contact roles, which previously could only be used to choose who to send an email to, can now be used to assign document upload tasks to a specific contact type, such as the client’s bookkeeper.
Among its upcoming features, Senta has also announced the addition of new reporting and KPIs charts and visualisations, improvements to the client onboarding process and new client profitability tools.
* * *
New CoSec features for accountants in practice
Inform Direct is enhancing its company secretarial software over the next month with three new features designed for accountants in practice.
In addition to deadlines for clients’ accounts and confirmation statements, the company has announced it will now make it possible to track other company dates such as corporation tax and VAT. Another addition includes the ability to choose whether client approval is required for processes or transactions, allowing clients to see pending documents and track client approval.
The company is also adding new template documents, which will now cover areas such as audit requirements and managing directors’ loan accounts.
* * *
Digital payments startup Zeta plans UK expansion
Fintech startup Zeta has secured a Series C investment from Sodexo, reaching the $300m valuation. The Series C capital will be used to fuel Zeta’s international expansion plans in over 15 countries, including the UK.
According to Bhavin Turakhia, co-founder and CEO of Zeta, the company has already begun hiring senior leadership in the UK.
Zeta offers enterprise payments solutions and a neo-banking platform for the issuance of credit, debit and prepaid products for legacy banks and other fintech institutions to launch retail and corporate fintech products.