TPS Software
“Can a decades-old accounting practice management platform become the AI-connected operating system for small and mid-size accounting firms?”
Founded1999
HQNorth Vancouver, BC, Canada
IndustryVertical SaaS / Accounting
The story
Founded in 1999 as a desktop accounting practice management tool for North American firms, TPS Software modernized into a cloud-native platform (TPS Cloud Axis) over the past several years. The platform expanded from core time & billing into an integrated suite covering workflow, documents, client management, and electronic payments. In 2026 the company began embedding AI via an MCP server integration enabling live firm-context queries through tools like Claude — positioning Cloud Axis as an AI-connected practice operating system rather than a pure workflow tool.
Product timeline
1999
TPS Software founded, offering accounting practice management software to accounting firms across North America.· pivot
2020
Launched TPS Cloud Axis, a cloud-based version of its practice management platform covering workflow, time & billing, client management, and documents.· banking
2024
Added electronic payments integrations (Stripe, PayPal, CPA Charge, Clover Connect, PayClix) enabling clients to pay invoices online directly within the platform.· banking
2026
Launched AI feature using MCP server to connect Claude and other AI assistants to live firm data inside TPS Cloud Axis.· pivot
The stack
3 layers disclosed in TPS Software’s embedded-finance stack
Payments / PSP
KYC
in the full report
Accounting
in the full report
Accounting gap: minor
2 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.