CPA Practice

JUNE 28, 2024

Or use the below podcast player to listen: Transcript (Note: There may be typos due to automated transcription errors.) Tankersley, CPA.CITP, CGMA 00:00 Welcome to the accounting Technology Lab sponsored by CPA practice advisor, with your hosts, Randy Johnston, and Brian Tankersley. And in the mid market about 20. That Brian F.

quickbooks 119

quickbooks Technology Account accounted 119

PYMNTS

APRIL 9, 2018

When job search service Indeed.com released new data last year about the top professions being sought after by small business employers, the stats suggested something surprising. Small business accountant” was not among the top 10 phrases searched for by those hirers, Indeed.com found.

Technology 49

Technology Account accounted accountant 49

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

CPA Practice

JULY 17, 2024

It’s a tougher economy today,” says Ben Richmond, a certified public accountant who manages the U.S. client base for the small business accounting software platform Xero. The challenge is a lot of the firms aren’t either resourced with the right technology or enough people to get to that.”

Account 124

Account accounted accountant Technology 124

PYMNTS

NOVEMBER 9, 2016

But the most efficient way to achieve accounting acceleration could displace a financial professional out of a job. A new report by B2B software firm Exact says SMEs demand the speed that accounting automation can provide their organizations but aren’t exactly pleased with the threat that robotics would replace human talent.

Technology 65

Technology Account accounted accountant 65

CPA Practice

APRIL 17, 2023

During the pandemic and since, however, accounting professionals and firms have implemented many new technologies that are helping them provide more and better client services, even with fewer staff. We thank the more than 5,000 professionals who participated in voting this year. WINNER: TheTaxBook – Tax Materials Inc.

quickbooks 130

quickbooks payroll Technology audit 130

PYMNTS

FEBRUARY 20, 2019

Small business (SMB) adoption of technology can be a process filled with growing pains and friction points, thanks to the cost and disruption associated with integrating a new technology. “Technology is changing the practice of accounting and finance,” Asgeirsson said in an interview with PYMNTS.

Account 76

Account accounted accountant Technology 76

PYMNTS

JANUARY 22, 2019

The technology is proliferating financial markets, particularly for some of the world’s largest financial institutions in need of enhanced compliance solutions. The possibilities are vast, as AI ushers in a new era of automation and access to actionable insights, which are critical for financial professionals.

Technology 77

Technology accounting and finance Finance corporate accounting 77

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 77

Tax South Dakota Account accounted 77

CPA Practice

SEPTEMBER 6, 2023

From the advent of first-to-market generative AI systems like ChatGPT, to highly specialized, accounting-focused systems, proponents of AI are fervent in their belief that the technologies will dramatically improve client services, firm management, small business accounting and many other areas of operations.

Technology 122

Technology accounting and finance Tax CPA 122

Accounting Insight

OCTOBER 2, 2023

Modulr , the embedded payments platform, today announces its new integration with Xero , the online accounting software provider, to make supplier payments simple, secure, and automated. Now, the traditionally sluggish and error-prone process is transformed to an automated workflow that is quick, secure and intuitive.

Technology 59

Technology bookkeeping accounts payable accounting software 59

Xero

MAY 30, 2022

The shift towards working from home has more businesses than ever transitioning to the cloud – and to a new level of automation, streamlining, data accuracy, and insight. . Here are five apps that have joined the new Xero App Store since launch in August 2021, and are helping small businesses seize the post-pandemic opportunity. .

Technology 111

Technology bookkeeping accounts payable accounting and finance 111

Accounting Insight

SEPTEMBER 2, 2024

Modulr , the embedded payments platform, today announces its new integration with Xero , the online accounting software provider, to make supplier payments simple, secure, and automated. Now, the traditionally sluggish and error-prone process is transformed to an automated workflow that is quick, secure and intuitive.

Technology 52

Technology bookkeeping accounting software accounts payable 52

PYMNTS

JANUARY 31, 2021

Business payments firm FLEETCOR Technologies has acquired accounts payable (AP) platform provider Roger , Fleetcor announced in a press release. The release stated, in part: “The acquisition provides FLEETCOR with a proven, modern automation platform for B2B online bill payment.

accounts payable 85

accounts payable Bill Payment Platform Technology quickbooks 85

PYMNTS

FEBRUARY 1, 2021

Those changes have an impact on a company's overall cash flows, so it is imperative that businesses are able to automatically connect payroll data into back-office financial management systems. The rollout maybe wasn't quite the smoothest, from a federal government standpoint," noted Ayyad.

payroll 98

payroll Technology accounts payable accounting and finance 98

PYMNTS

FEBRUARY 6, 2019

This shift has been so acute that small business cloud accounting firm Xero is even petitioning the Oxford English Dictionary to change the definition of “accountant” to one that includes the word “advise.” Changing Demand. That demand for human talent, by the way, hasn’t decreased.

accounting and finance 74

accounting and finance Finance Technology Account 74

PYMNTS

AUGUST 23, 2017

With that in mind, you may think restaurants would be slow to adopt new technology, but in today’s market, it’s quite the opposite. I think restaurants are definitely adopting new technology to run their business[es],” she recently told PYMNTS. “It And staying tight on managing your food and labor costs is essential.”.

Technology 53

Technology small business accounting software accounting software small business accounting 53

PYMNTS

JANUARY 25, 2019

In its announcement , HostBooks aimed to differentiate itself from industry leaders, including QuickBooks and Xero , by emphasizing its focus on automation. “Being a CPA, I am aware of all the issues holding down the accounting industry,” said HostBooks Founder Kapil Rana in a statement.

quickbooks 69

quickbooks Account accounted accountant 69

PYMNTS

MAY 21, 2020

This week’s look at these partnerships and data integration efforts finds a focus on small business lending and compliance, while some newly forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements. Treasury Prime Funded For API Tech.

Technology 69

Technology accounting and finance bookkeeping Finance 69

PYMNTS

MAY 24, 2018

Artificial intelligence (AI) robot technology firm Aitheon is introducing an array of so-called “digibots” developed to automate business processes using blockchain technology, according to reports. Accounting is a particularly attractive target for robotics innovators.

Technology 40

Technology B2B small business accounting Account 40

PYMNTS

DECEMBER 7, 2018

In preparation for tax season, KPMG is rolling out its KPMG Spark tool designed to automate and digitize small business tax services, including tax preparation and compliance, for businesses with annual revenues below $50 million. LeSage, in a statement.

Tax 58

Tax Account accounted accountant 58

PYMNTS

JANUARY 9, 2020

Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. “In many ways, the biggest pain point for accountants and small businesses is assembling the books in the first place,” he said.

Account 69

Account accounted accountant small business accounting 69

PYMNTS

MARCH 20, 2018

The rise in automated solutions – especially in various finance functions – initially led to concern among financial professionals that their positions might be replaced by robots. With automation becoming more commonplace, however, it’s clear that humans are undoubtedly still needed in the enterprise.

Technology 47

Technology Account accounted accountant 47

PYMNTS

FEBRUARY 20, 2020

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. FreshBooks Inks Tax Integration Deal. Xero, Square Integrate For Faster Invoice Payments.

Account 87

Account accounted accountant small business accounting 87

CPA Practice

MAY 9, 2023

But their impact could be even bigger, as QuickBooks research suggests accountants are now busier than ever. Four out of 10 (43%) report they have more than 40 clients – and 86% are looking to technology to help them be more efficient and better meet client needs.

quickbooks 111

quickbooks online accounting Account accounted 111

PYMNTS

JUNE 11, 2019

.” Garrabrants said that remains true in the area of small business lending and credit, despite the surge in alternative lending FinTech players targeting SMBs, largely as a result of the high fees many alternative players charge. ”

Technology 60

Technology small business accounting business accounting Account 60

PYMNTS

JANUARY 22, 2021

Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump.

B2B 81

B2B Expense Reimbursements Technology Expense Management 81

CPA Practice

AUGUST 14, 2023

At the same time, Accounts Payable (AP) teams need to be able to manage vendor payments with an eye on managing cash positions, maintaining strategic supply relationships, and taking advantage of available payment discounts. AR and AP automation solutions are one way to simplify this process.

Finance 98

Finance AP Automation Technology accounting and finance 98

PYMNTS

SEPTEMBER 14, 2017

“I’m delighted this collaboration between Intuit and Google will deliver huge benefits for small businesses across Australia,” said Intuit Australia Vice President and Country Manager Nicolette Maury in a statement. Intuit Australia also announced the results of its latest research, which surveyed 500 accountants and bookkeepers.

quickbooks 74

quickbooks Technology accounting and finance bookkeeping 74

PYMNTS

JUNE 7, 2018

Artificial intelligence has received a mixed welcome from corporates exploring how the technology could disrupt their operations. While AI can deliver time and cost savings, automation and actionable insights, executives are also concerned that the tool will displace professionals like accountants and procurement officials.

Technology 51

Technology Account accounted accountant 51

CPA Practice

MARCH 21, 2023

Cash flow management made easier with the right technologies Fortune 500 companies use an ERP system with a suite of software tools that help with planning, forecasting, budgeting and analysis. So how can small businesses get access to the same kinds of FP&A tools that Fortune 500 companies use?

accounting and finance 115

accounting and finance Technology Finance bookkeeping 115

PYMNTS

JANUARY 8, 2021

Yesler operates a B2B eCommerce platform for the lumber and building materials industry, and investors at Tech Square Ventures have just led a $3.3 With the new investment, Oxygen said it will invest in growing its team, accelerating growth and developing new consumer and small business banking products.

B2B 81

B2B Technology payroll accounting and finance 81

PYMNTS

APRIL 23, 2019

Yet, without a solid understanding of underlying data, business owners will struggle to move forward. “Whether it’s to get a loan or an investor, or simply to know how well a business is doing, it’s mission-critical to know your numbers,” he stated. Marrying Tech With Accountants.

Technology 61

Technology accounting and finance Finance bookkeeping 61

PYMNTS

SEPTEMBER 9, 2019

Accountants and bookkeepers have a new reality with their small business clients: machines can do number-crunching and calculations, and these professionals are now forced to examine how to elevate their role with SMBs to continue to provide value. The Artificial Intelligence ‘Hype’.

Technology 57

Technology Account accounted accountant 57

ThomsonReuters

FEBRUARY 8, 2022

A rise in tax regulations, globalization, an influx of innovative technologies, and a greater demand for “always on” access makes it an exciting time for tax and accounting professionals to be in business. Respondents also indicated interest in receiving other services from their accounting firms.

Tax 105

Tax Entertainment payroll Technology 105

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. ”

Account 62

Account accounted accountant Technology 62

PYMNTS

FEBRUARY 8, 2019

However, venture capitalists are urging caution on the tech startup community. While the startups have big plans for those funds, including technological enhancements and staff expansions, it remains to be seen whether they will heed the advice to reserve cash. 2nd Address. Brazil’s Adianta has announced $2.18 ANNA Money.

B2B 75

B2B Travel Expense Management Technology accounting and finance 75