PYMNTS

JANUARY 26, 2021

marked its third anniversary of adopting its open banking framework, making it the leading market to drive the concept of unlocking customers’ bank account data for integration with third-party solution providers. to bring its blockchain-powered corporate trade financing technology into the entity. Last week, the U.K.

Technology 142

Technology accounting and finance B2B small business accounting 142

Accounting Insight

JANUARY 8, 2024

The rise of invoice fraud will prompt closer collaboration between finance and security teams. To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.

B2B 71

B2B accounting and finance Finance tax return 71

PYMNTS

MARCH 7, 2019

Wirex , which providers consumers with an account to store both fiat and cryptocurrency, recently stepped into the corporate finance space with the launch of its business account. Yet many experts doubt that cryptocurrency can be the solution to these points of friction, especially when it comes to the B2B use case.

B2B 67

B2B accounting and finance Finance payroll 67

CPA Practice

AUGUST 28, 2024

After voting by the awards committee panel each year, the top five products are presented as winners of the Tax and Accounting Technology Innovation Awards. as they promise to dramatically improve client services, firm management, small business accounting and many other areas of operations.

Technology 124

Technology accounting firms Account accounted 124

Snyder

DECEMBER 27, 2022

Freelance accounting is increasing in popularity. With the rise of online platforms like Upwork, Fiverr, and Remote.co, more and more people are working remotely to offer their services to businesses worldwide. This means that nowadays, freelancers have greater opportunities to find work and grow their businesses faster.

Account 98

Account accounted accountant accounting and finance 98

PYMNTS

FEBRUARY 8, 2019

Concerns over an economic downturn haven’t seemed to dissuade venture capitalists from backing B2B FinTech firms, with this week’s roundup including players in the small business (SMB) banking, corporate travel, expense management, alternative finance and data integration spaces. 2nd Address. ANNA Money.

B2B 75

B2B Travel Expense Management Technology accounting and finance 75

PYMNTS

MAY 3, 2020

Due to losses in revenues, faster payments can make huge differences for companies trying to keep their finances in order. With the quicker payment turnaround, businesses will likely be able to pay suppliers and better manage cash flow.

business accounting 69

business accounting Account accounted accountant 69

PYMNTS

MARCH 27, 2020

Their use for B2B payments, however, remains limited — but in the U.K., While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. open banking may be able to change that.

B2B 60

B2B accounting and finance accounting software Account 60

PYMNTS

FEBRUARY 20, 2020

As Open Banking spreads further into the small business (SMB) financial services market, accounting and lending platforms are taking advantage. Small business accounting platform FreshBooks recently announced an agreement to integrate with Taxfyle , a data sharing arrangement that aims to automate tax prep for small business owners.

Account 87

Account accounted accountant small business accounting 87

PYMNTS

DECEMBER 19, 2019

FinTech and automation technology have cast a shadow of anxiety on the accounting industry in recent years, as certified public accountants (CPAs) began to wonder whether their jobs would be replaced entirely by robots. Because there is a big disconnect between the accounting industry and the small business owner.”

Finance 53

Finance Account accounted accountant 53

PYMNTS

FEBRUARY 22, 2019

The more than $1.593 billion raised by B2B startups this week showcases investors’ interest in business finance and payments. million Series A funding round for its platform, which enables small business accountants to access analytics and resources to enhance their advisory services for small business clients.

B2B 55

B2B Construction accounting and finance Finance 55

PYMNTS

FEBRUARY 20, 2019

Those challenges have made SMBs notoriously technology-adverse, though it may be an unfair characterization, particularly considering the influx of small business FinTech innovation in recent years. “Technology is changing the practice of accounting and finance,” Asgeirsson said in an interview with PYMNTS.

Account 76

Account accounted accountant Technology 76

PYMNTS

SEPTEMBER 1, 2017

This week’s B2B venture capital activity led to an impressive $141.2 million in total funding across nine rounds, with startups ranging from corporate travel and expense (T&E) management and small- and mid-sized business (SMB) accounting to artificial intelligence and beyond. Cross-Border B2B Payments.

B2B 54

B2B Expense Management Travel Expense Management small business accounting 54

PYMNTS

APRIL 22, 2020

But when it comes to establishing operations abroad and managing money throughout the globe — whether it be reconciling finances across multinational business units or paying suppliers in foreign currencies — the challenges are vast. Neat aims to ease this friction by offering SMBs an alternative to the traditional bank account.

accounting and finance 96

accounting and finance B2B Finance business accounting 96

PYMNTS

NOVEMBER 12, 2020

It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. Lloyds, Demica Collab On Supply Chain Finance. business customers, the FIs revealed.

accounting and finance 88

accounting and finance B2B Finance Technology 88

PYMNTS

JANUARY 9, 2019

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers.

Technology 71

Technology bookkeeping Account accounted 71

PYMNTS

MAY 4, 2020

Indeed, amid the coronavirus pandemic, this digitization push has become even more paramount than before, and Singapore is calling on not only small businesses, but their service providers and partners, to support the effort. A New Model For Accounting. But overcoming these challenges is essential.

Account 67

Account accounted accountant small business accounting 67

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. Companies like alternative small business (SMB) lenders or accounting solutions providers, for instance, remain popular investment targets. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. Portal Finance.

B2B 43

B2B accounting and finance Finance bookkeeping 43

PYMNTS

JUNE 5, 2018

That includes corporates, too, as firms like PayPal press into the B2B payments and small business finance market – but they’re not always doing it alone. Case in point: PayPal recently partnered with business management firm Sage to enable businesses to pay their supplier invoices with a PayPal business account.

B2B 46

B2B small business accounting software Education accounting and finance 46

PYMNTS

APRIL 30, 2019

These cases include individuals and family offices with business-sized needs, with business-sized challenges in accounts payable, expense management and payroll. “A lot of them process 50 to 200 bills a month — it really is like running a business.”

Finance 61

Finance accounts payable payroll accounting and finance 61

PYMNTS

NOVEMBER 3, 2020

This new financing will help us to accelerate the development of the company both in terms of products, with the addition of local currency accounts, payment card, integration with accounting software, and geographically, as we will target new markets in South-East Asia,” Statrys Founder and CEO Bertrand Theaud said in the announcement.

accounting and finance 105

accounting and finance Finance accounting software business accounting 105

PYMNTS

JUNE 26, 2020

This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Supporting an Accounting Shift.

Account 52

Account accounted accountant accounting and finance 52

PYMNTS

MARCH 6, 2019

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

Finance 55

Finance accounting standards accounting and finance accounting principles 55

PYMNTS

NOVEMBER 4, 2019

Singapore bank OCBC is accelerating the bank account opening process for startups through a collaboration with Experian. 4) said Experian’s API will allow startups to open a business bank account with OCBC immediately following incorporation. An announcement on Monday (Nov.

business accounting 40

business accounting Account accounted accountant 40

PYMNTS

APRIL 12, 2019

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. FinTech gearing up to launch small business banking services. FinTech gearing up to launch small business banking services. Back Office.

B2B 55

B2B Technology Florida accounting and finance 55

PYMNTS

MARCH 15, 2019

Anxieties that automation will replace humans have waned in the accounting sector, as industry players begin to realize that technology can actually help accountants play a more important role for their small business (SMB) customers as advisors and guides, rather than replacing their roles outright. Tax reform in the U.S.

Tax 77

Tax South Dakota Account accounted 77

PYMNTS

FEBRUARY 17, 2020

Small businesses’ late payment pains know no borders. This week’s B2B Data Digest uncovers the global cash flow threat of extended supplier payment terms, with the matter reaching from the U.S. Australia Policymakers Eye Supply Chain Finance. to Australia and beyond. Closes In On Construction.

Construction 79

Construction accounting technician accounting and finance Finance 79

PYMNTS

NOVEMBER 9, 2016

Small businesses need accounting processes to be fast. But the most efficient way to achieve accounting acceleration could displace a financial professional out of a job. SMEs when it comes to their accounting solution is speed. SMEs approach accounting technology.

Technology 65

Technology Account accounted accountant 65

PYMNTS

APRIL 29, 2020

One of them is Bankera , which recently launched an alternative to the traditional bank account for companies operating in the cryptocurrency arena. ius offered insight into exactly why crypto businesses are so difficult to bank. In a recent interview with PYMNTS, Bankera Co-founder Vytautas Karalevi?ius

accounting and finance 113

accounting and finance B2B Maine Legal 113

PYMNTS

DECEMBER 4, 2020

Customers of digital business banking platform Penta will now have the option to manage accounting and receipts digitally as the company partners with Germany-based DATEV Marketplace , a company news release stated.

Account 65

Account accounted accountant tax consultant 65

PYMNTS

JULY 15, 2020

Small- to medium-sized business (SMB) finance app Coconut has notched approximately 2.5 The aim of Coconut is to offer micro-business accounting services and have their assets as well as funds be more effective through the help of smart treasury management. million pounds ($3.15 million) through a Crowdcube fundraising.

Account 64

Account accounted accountant accounting and finance 64

PYMNTS

SEPTEMBER 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. For many, the mistakes were discovered when corporate finance teams were changing accounting paperwork to comply with the new U.S. tax law and revenue accounting rules. public companies has gone up this year.

corporate accounting 68

corporate accounting Account accounted accountant 68

PYMNTS

DECEMBER 12, 2017

That’s the status quo in corporate payments, and it’s not only creating friction for the business payer; it’s creating headaches for small business (SMB) accounting too. He recently told PYMNTS that small business accountants are much like their clients in the way they make and receive payments.

Account 44

Account accounted accountant accounting and finance 44

PYMNTS

MARCH 19, 2020

Automation in small business accounting can certainly be beneficial, but when a cloud-based accounting platform remains within the confines of its own interface, there can be unexpected friction that prevents business owners from gaining real-time financial insights. Elevating Functionality. Siloed Platforms.

Account 62

Account accounted accountant Technology 62

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 PYMNTS breaks down the latest VC investments below.

accounting and finance 52

accounting and finance small business accounting B2B payroll 52

PYMNTS

SEPTEMBER 15, 2017

In a survey of more than 500 small and medium-sized business (SMBs) accountants and bookkeepers, business and financial software company Intuit found a few factors that frustrate the profession. It surpassed a lack of use of accounting software and not keeping on top of bills, cited by 60 percent and 57 percent, respectively.

Account 61

Account accounted accountant small business accounting 61