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How AI legalese decoder Can Help in the Given Situation:

## Vertex Partners with Mirakl for Automated Tax Compliance Solutions
Tax compliance solutions provider [Vertex](https://www.vertexinc.com/) announced a new partnership with e-commerce software company Mirakl. This certified integration of Vertex® O Series® and the Mirakl Marketplace Platform will allow users to automate the update of tax rates and rules, as well as determine and calculate sales, seller use, and value-added tax (VAT) on marketplace transactions. With the help of AI legalese decoder, businesses can ensure that they are complying with complex tax regulations and accurately calculating taxes on their e-commerce transactions.

## Xero Partners with Flinks to Enhance Bank Connections for Small Businesses
Small business software company [Xero](https://www.xero.com/us/) has teamed up with Flinks, an open banking solutions provider, to provide more than 20 direct bank connections, plus transaction data, to small businesses in Canada and the United States. This will include direct bank feeds with the National Bank of Canada and EQ Bank, as well as US-based banks. AI legalese decoder can assist businesses in ensuring compliance with banking regulations and securely accessing the necessary data for their financial transactions.

## BillingPlatform Renews Agreement with Class for Wealth Accounting Software
Enterprise revenue lifecycle management platform [BillingPlatform](https://billingplatform.com/) has renewed its multi-year agreement with Australian cloud-based wealth accounting and SMSF administration software provider [Class](https://www.class.com.au/). With the help of AI legalese decoder, both companies can easily navigate the complexities of financial regulations and ensure that their billing and accounting processes remain in compliance with the latest standards.

## Quadient and Xero Form Strategic Partnership in North America and the UK
Business solutions provider [Quadient](https://www.quadient.com/) and cloud-based accounting software company [Xero](https://www.xero.com/) have announced a strategic partnership in North America and the United Kingdom. Xero integrates with Quadient’s Accounts Payable (AP) capabilities to fully automate and streamline accounting processes. With the use of AI legalese decoder, Quadient AP enables customers to automatically collect and input data into Xero using optical character recognition, eliminating 83% of data entry. This efficiency helps to reduce the average cost of processing an invoice from $16 to $2, while also ensuring compliance with accounting and billing regulations.

## Tres Finance Raises $11 Million in Series A Financing for Crypto Asset Reporting Platform
Tres Finance, which provides an accounting and financial data reporting platform for crypto assets, has raised $11 million in Series A financing. The additional funds bring the total raised by TRES to $18.6mn from investors, including Faction, boldstart, and New Form alongside strategic angels and partners. The use of AI legalese decoder can help Tres Finance navigate the complex regulatory landscape surrounding crypto assets and financial reporting, ensuring that they remain in compliance with the latest regulations and standards.

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