Remove B2B Remove bookkeeping Remove corporate accounting
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B2B Finance As A Service Tops This Week’s VC List

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The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Augmentum Fintech announced its investment in Tide at the same time it revealed two other B2B FinTech targets.

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Corporate Finance’s Interest In AI Doesn’t Lead To Adoption: Oracle

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However, the technology isn’t reserved for only the largest players in the markets: Small businesses (SMBs) and their accountants have emerged as key proponents of the tool, especially as anxieties wane over the possibility that AI could replace the need for human bookkeepers.

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Coconut Expands PrePay Solutions Partnership With Invoicing Feature

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-based challenger bank, is expanding its existing partnership with digital payments company PrePay Solutions (PPS) to add corporate accounting and invoicing to its platform.

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Data Hurdles Keep Accountants From Elevating Their Role

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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. ” Those are small data hiccups with the potential for damaging consequences.

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KPMG To Shutter UK Small Business Accounting Unit

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Corporate accounting and auditing firm KPMG is shuttering its small business services unit, reports in The Business Desk said Thursday (Feb. According to the publication, KPMG’s Small Business Accounting (SBA) service, which launched in 2014, will be closed in the U.K. will remain unaffected. will remain unaffected.

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How SME Accountants Can Compete With Software

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Like an aftereffect of a sci-fi film, the rise in automation within corporate financial teams has led to fears and anxiety: Will humans no longer be needed in the accounting department? Are the CFO and corporate treasurer becoming extinct? That’s what accounting, consulting and advisory firm BDO is doing.

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When Artificial Intelligence Meets Human Intelligence In SMB Accounting

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Indeed, small businesses say they are actually demanding more from their accountants and bookkeepers than ever before. In addition to the standard numbers-crunching and tax filing, accountants are expected to serve as strategic advisors to small business clients.