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About Caseware
Industries
Enterprise Software
Financial Services
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
1988
Overview
Caseware provides software solutions focused on audit, assurance, and practice management for the financial and accounting sectors. Its main product, Caseware Cloud, is a cloud-based platform that enables firms to securely store files, collaborate effectively, and manage operations efficiently. This platform organizes data, making it easily accessible and simplifying the audit process. Unlike many competitors, Caseware operates on a subscription model, ensuring clients receive continuous updates and support. The company's goal is to help clients gain deeper insights and operate more efficiently, ultimately driving success for both the clients and Caseware itself.
Simplify's Take
What believers are saying
- Growing demand for cloud solutions supports Caseware's cloud-based product offerings.
- AI-driven auditing tools like AiDA align with industry trends for efficiency and accuracy.
- Acquisitions like LeaseJava address the complexity of new lease accounting standards.
What critics are saying
- Integration challenges with acquisitions like Extractly.ai may lead to operational inefficiencies.
- Rapid technological advancements could outpace Caseware's current offerings.
- Expansion into new markets may face region-specific regulatory challenges.
What makes Caseware unique
- Caseware offers cloud-based solutions, enhancing scalability and remote access for accounting firms.
- The acquisition of Extractly.ai boosts Caseware's intelligent document processing capabilities.
- Caseware's AI-powered tool, AiDA, enhances efficiency and compliance in auditing.
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Benefits
Hybrid Work Options
Flexible Work Hours
Company News
Caseware announced the acquisition of Extractly.ai, a provider of intelligent document processing solutions for accounting and finance teams. This strategic acquisition includes Extractly.ai’s software solutions, Validate and Extractly+, which automate financial statement reviews and optimize workflows. Caseware aims to enhance integration and user experiences. This marks Caseware’s ninth acquisition since Hg Capital's majority ownership in 2020.
Toronto, Jan. 21, 2025 (GLOBE NEWSWIRE) - Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of Extractly.ai, the provider of intelligent document processing solutions that streamline the audit process for accounting and finance teams.
Caseware appoints David Marquis as Chief Executive Officer.
Audit and accounting data solutions provider Caseware announced the acquisition of Atlanta-based SaaS provider LeaseJava.
Toronto, Jan. 07, 2025 (GLOBE NEWSWIRE) -- Caseware, a global leader in cloud-enabled audit, financial reporting and data analytics solutions, today announced the acquisition of LeaseJava, a software-as-a-service (SaaS) solution designed and developed by leasing standards experts. Cloud-based LeaseJava enables audit firms, corporations and non-profit/government entities to manage their leases and ensure compliance with accounting standards such as ASC 842, IFRS 16 and GASB 87. These standards were published by the Financial Accounting Standards Board (FASB), the International Accounting Standards Board (IASB), and Governmental Accounting Standards Board (GASB) respectively. LeaseJava provides support for lease modifications without the need to create a new lease, as modifications can easily be added to existing leases, considerably simplifying the process for auditors. The solution can handle complex and nuanced scenarios, computing details down to the daily level and aggregating them to manage intricate situations. Export functionality is configurable, allowing the user to select and group leases accurately
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About Caseware
Industries
Enterprise Software
Financial Services
Company Size
501-1,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
N/A
Headquarters
Toronto, Canada
Founded
1988
Caseware is Hiring for 0 Jobs on Simplify!
Find jobs on Simplify and start your career today