Latest news with #K1x
Business Wire
4 days ago
- Business
- Business Wire
K1x Named to Selling Power's 2025 List of 60 Best Companies to Sell For Alongside Apple, Microsoft and Salesforce
MORRISTOWN, N.J.--(BUSINESS WIRE)-- K1x, the AI-powered platform transforming tax compliance for institutional filers, has been named to Selling Power magazine's 2025 list of the 60 Best Companies to Sell For. The recognition comes on the heels of the company's first-ever user conference, held June 24–25, which brought customers together to shape the future of the platform. K1x earned the distinction following Selling Power 's in-depth evaluation across five core categories: company overview, compensation and benefits, hiring, sales training and enablement, commitment to diversity and inclusion, and AI integration in sales processes. The annual ranking reflects excellence in both product strength and sales team support. 'For prospective employees, customers, and investors, this recognition is further proof that our product delivers measurable value—and that we've built the right culture to bring it to market,' said Ken Powell, Chief Revenue Officer at K1x. 'We're proud to be recognized and even more proud of the team behind this success.' Just weeks earlier, K1x hosted its first-ever user conference, a two-day in-person event focused on helping customers maximize the platform's capabilities while engaging directly with leadership and product teams. Clients participated in hands-on sessions, shared insights, and contributed to future product planning—underscoring the company's commitment to co-innovation and client success. 'The energy at the conference made it clear: our customers are passionate about K1x and deeply invested in our shared vision,' Powell added. 'That kind of engagement pushes us to keep delivering, evolving, and listening.' With growing adoption, continued product development, and national recognition for its sales culture, K1x enters the second half of 2025 with strong momentum. To view the full Selling Power list, visit Selling Power Magazine. About K1x K1x is the AI tax automation platform trusted by institutional filers to streamline compliance with complex forms such as K-1s, K-3s, 990s, and 1099s. By automating the extraction and distribution of tax data at scale, K1x reduces risk, improves accuracy, and accelerates reporting.
Business Wire
01-07-2025
- Business
- Business Wire
K1x Launches Aggregator Plus™, Adding 1099 Data Extraction to Its AI-Powered Tax Automation Platform
MORRISTOWN, N.J.--(BUSINESS WIRE)-- K1x, Inc., the fintech company behind the industry-leading K1 Aggregator®, today announced the launch of Aggregator Plus™, a powerful new product upgrade that adds automated Form 1099 data extraction to its patented, AI-powered tax platform. This enhancement addresses the growing complexity of tax document processing, with over 40 million Schedule K-1s and an estimated 44 million Form 1099-Ks filed annually. Built as an optional upgrade to K1 Aggregator®, Aggregator Plus™ provides tax professionals with a unified solution for processing complex investor tax documents across multiple entities and asset classes. The extension is purpose-built for the needs of accounting firms, alternative investment funds, and family offices, where fragmented tax workflows and tight deadlines often increase costs and audit risks. 'K1 Aggregator® stands alone in its ability to address the needs of overworked tax professionals facing unsustainable K-1 volume and complexity,' said John LaMancuso, CEO of K1x. 'Now, with 1099 automation in Aggregator Plus™, we're removing even more manual processing burdens from tax teams so they can redeploy those same hours on growth opportunities for their own organizations.' Key Features of Aggregator Plus™: Patented AI-powered data extraction for both Schedule K-1 and Form 1099 100% digitization of key tax elements with executive summary views Aggregation and reporting across federal, state, and international requirements Seamless integration into existing K1 Aggregator® workflows Optional upgrade to existing subscription - no separate implementation required With the addition of 1099 automation, K1x further strengthens its position as the leading tax compliance automation platform. The company's solutions are already used by over 8,000 organizations, including 44 of the 100 largest institutional investors, 20 of the top 25 accounting firms, and 45 of the top 100 university endowments. Aggregator Plus™ will be available to Early Access Program (EAP) participants in June 2025, with general availability in July. About K1x A Fast Company Most Innovative Companies 2025 honoree, K1x is building THE intelligent tax automation platform. Our patented, AI-powered SaaS solution handles the extraction and distribution of tax data from complex documents like Schedule K-1s, K-3s, 990s, and 1099s–automating tax compliance and tax insights. K1x connects investors, accounting firms, tax software, and taxing authorities in a seamless, digital workflow–simplifying fund tax operations, accelerating filings, and reducing risk. As the industry-standard, IRS-certified solution for tax-exempt filings and alternative investment tax data, K1x is trusted by more than 8,000 organizations, including: 44 of the 100 largest U.S. institutional investors 20 of the top 25 accounting firms 11 of the top 100 private foundations 45 of the top 100 university endowments 7 of the top 40 health systems Battle-tested by the best and built for scale, K1x transforms compliance and makes taxes less taxing. To learn more, visit or follow LinkedIn page.
