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Digi-Tools In Accrual World

Author: Indi Tatla, Ryan Pearcy, John Toon

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Go to place for all things cloud accounting and digital. Find out the latest in accounting app news and exclusive interviews with cloud pioneers in the accounting industry.
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Have you caught the news on the latest apps in the market? There are some new kids on the block in payment automation apps, and we're keen to hear from some of the OGs to find out their perspectives and lessons learned on market trends/adoption over the last two years. We spend some time with Joe Lines, CEO of Nook, to talk about tech innovations, future features and the appetite from SMEs for more.  Tune in if you're looking to compare the market on AP or AR automation. We also spend some time with Vipul Sheth, whose upcoming pre Accountex event is imminent. If you're not on his list and want to see whether you'd benefit then here's 8 minutes from the man himself. Finally app news this week: Phil Hobden joins Silverfin - https://www.linkedin.com/posts/philhobden_accountex-accountants-fintech-activity-7181574519524839424-FrEF?utm_source=share&utm_medium=member_ios Diya Jolly promoted to CPTO - https://www.xero.com/uk/media-releases/diya-jolly-promoted-chief-product-and-technology-officer/ Five vendors for MTD ITSA release - https://www.accountingweb.co.uk/tech/tech-pulse/five-vendors-available-as-hmrc-readies-mtd-itsa-testing-relaunch Spendesk acquires Okko - https://www.pymnts.com/acquisitions/2024/spendesk-adds-procurement-to-spend-management-platform-with-okko-acquisition/ Xero new invoicing - https://blog.xero.com/product-updates/xero-invoicing-smarter-flexible-future/ Syft updates Scrutton Bland acquired by Sumer - https://www.accountancyage.com/2024/04/10/sumer-expands-scottish-and-northern-english-footprint-with-merger-of-eq-and-douglas-home-co/
Apron, the AP accounting tech focusing on all things payable, has been on a mission for some big software releases since it burst onto the scene late last year post their Series raise. We catch up with Bogdan Uzbekov about his plans to service the accounting market and plans to go into banking, carding or lending. Hear more here. Don't forget to book your ticket for our upcoming event - we hope to see you at the Digital Accountancy Show on the 16th and 17th of April. And this week in app news: Iplicit – 18th fastest growing UK business - https://www.ft.com/ft1000-2024?utm_content=284715055&utm_medium=social&utm_source=linkedin&hss_channel=lcp-10141131 Iplicit is best MAT tool – MAT awards - https://www.iplicit.com/blog/iplicit-secures-tech-company-of-the-year-accolade-at-na[…]tm_medium=social&utm_source=linkedin&hss_channel=lcp-10141131 Allica bank integrates with Sage and Xero - https://www.assetfinanceinternational.com/index.php/technology/technology-archive/technology-articles/23570-allica-bank-announces-integrations-with-sage-and-xero-accounting-platforms Coconut acquires MyPAYE https://www.accountingweb.co.uk/tech/accounting-software/coconut-owners-acquire-cloud-payroll-tool-mypaye Xero announces exciting payroll changes - migration made easy - https://blog.xero.com/product-updates/new-changes-in-xero-payroll-uk/ Capium releases new time and fees - https://www.accountingweb.co.uk/tech/practice-software/capium-releases-new-time-and-fees-tracking-module Zahara custom fields and payments  Dext due dates extraction - https://www.linkedin.com/posts/stephenedginton_we-now-extract-due-dates-via-ai-dext-used-ugcPost-7170766424586588160-5sX3?utm_source=share&utm_medium=member_ios Nook app updates - payment run resolutions & ability to change scheduling dates on payments and rules & pre-warning of shortage of funds. Payments for payroll via the app! BBC AI taking grind out of accountancy https://www.bbc.co.uk/news/business-68553123
Join John while he interviews Vidya Peters on her time so far with Datasnipper. Ex-Marqeta COO, Vidya was appointed CEO of Datasnipper, an intelligent automation platform that recently raised $100 million in a Series B funding round at a valuation of $1 billion. John catches up with Vidya to find out the plan for growth in the UK and all things accounting. Also we find time with Vipul Sheth, CEO of AdvanceTrack, to talk more on the opportunity for mid-tier firms and trends he's seen on recruitment of talent in the space. In this week's app news: Bye bye Xero Go - https://www.linkedin.com/posts/siwoodhams_uk-mobile-app-xero-go-to-be-retired-xero-activity-7173598209813000193-UCSa?utm_source=share&utm_medium=member_ios, https://blog.xero.com/product-updates/retiring-xero-go/ Alex Von Schirmeister expans role to EMEA - https://www.linkedin.com/posts/alexander-von-schirmeister-045375_i-am-delighted-to-have-been-asked-to-expand-activity-7170458969570758656-h3V9?utm_source=share&utm_medium=member_ios Xero payroll Bureau product Xero releases JAX - https://www.accountingweb.co.uk/tech/accounting-software/xero-backs-generative-ai-to-accelerate-software-shift-to-mobile Sage co-pilot - https://www.accountingweb.co.uk/tech/accounting-software/sage-unveils-cross-platform-generative-ai-copilot-tool RP - Sage expands construction solutions with acquisition - https://insightfulaccountant.com/accounting-tech/general-ledger/sage-expands-and-enhances-construction-solutions/ QBO confirms FRS102 and personal tax filing - https://www.accountingweb.co.uk/tech/accounting-software/quickbooks-confirms-frs-102-and-personal-tax-filing Datasnipper - $1B valuation - https://www.linkedin.com/posts/abigail-weir-b68917198_thank-you-nyse-for-inviting-the-datasnipper-ugcPost-7171978576378994688-ruLq?utm_source=share&utm_medium=member_ios Wolters Kluwer unveils CCH IFIrm cloud tax and accounting https://www.accountingweb.co.uk/tech/practice-software/wolters-kluwer-unveils-cch-ifirm-cloud-tax-and-accounting-platform Wolters Kluwer release AML for CCH Ifirm https://www.accountingweb.co.uk/tech/accounting-software/wolters-kluwer-releases-cloud-aml-module-for-cch-ifirm Apron invoice capture released - https://www.accountingweb.co.uk/tech/accounting-software/apron-serves-up-invoice-capture-tool-to-streamline-accounting-data MTD ITSA testing starts 22/4 - https://www.accountingweb.co.uk/tax/hmrc-policy/hmrc-to-kick-off-mtd-itsa-testing-on-22-april Pleo – invoice approvals, invoice status, employee reimbursements  Pleo pricing changes – Pleo’s Advanced Plan starts at £99/month - and includes new releases such as spending budgets, SaaS vendor cards and higher overdraft limits. Cashback contracts require minimum 12-month commitment with upfront payment Lightyear employee expenses - https://www.lightyear.cloud/features/expenses
This week we are joined by MD of Major's Accounts, Eriona Bajrakurtaj, who talks about her entrepreneurial journey from very humble beginnings to being one of the most enterprising female entrepreneurs in the accountancy industry. If you're looking at how to shake up your Practice and press a hard reset, give this a listen to see if Eriona's playbook could work for you. Also we're joined by Vipul Sheth, the CEO of AdvanceTrack Outsourcing, who talks about the value of his tech stack and data. Outsourcing is not for every firm but at a time where finding good talent is not easy, AdvanceTrack are leading the way on remote management of resources with a tech first approach. Finally in this week's app news: Pento acquired by HiBob - https://www.linkedin.com/posts/jonasboegh_glad-youre-here-welcoming-pento-to-the-activity-7163092169174589440-cVuS?utm_source=share&utm_medium=member_android QBO – advanced forecasts - https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-online-advanced-financial-forecasts/ QBO standard payroll replaced by Core  QBO Bureau payroll launches  Revolut to release Billpay later 2024 - https://www.linkedin.com/posts/marcelvanoost_banking-digitalbanking-businessbanking-activity-7165618394849882113-ovG9?utm_source=share&utm_medium=member_ios KPMG launches AI tax tool with Blue J - https://www.accountancyage.com/2024/02/22/kpmgand-blue-j-launch-ai-tax-tool/ Chaser releases auto-call - https://www.linkedin.com/posts/soniadorais_automation-chaser-accountsreceivables-activity-7165753014652223489-4KcQ?utm_source=share&utm_medium=member_ios FreeAgent Dext Prepare integration - https://www.freeagent.com/blog/dext-prepare/ FreeAgent extends Amazon integration - https://www.freeagent.com/blog/extending-amazon-integration-reach/ Mayday intra entity recharging  End of the road for TAS Books - https://www.accountingweb.co.uk/tech/accounting-software/tasbooks-heads-for-the-exit-door Capium releases Time & Fees - https://www.accountingweb.co.uk/community/industry-insights/introducing-capiums-new-time-fees-software-for-the-accounting-and Companies House fee increases, plus digital only - https://www.accountingweb.co.uk/business/financial-reporting/companies-house-fees-set-to-rise
This week we're joined by the super impressive Sabby Gill who talks to us about how Dext has levelled up on its core product, Bookkeeping Data Automation. We cover latest changes and priorities for the business as well as Dextension and the application of AI in the roadmap. Also in this week's app news: End of QB desktop in US? - https://insightfulaccountant.com/accounting-tech/general-ledger/is-july-31-2024-the-end-of-quickbooks-desktop/ Datasnipper valuation $1bn - https://www.linkedin.com/posts/youssefhounat_datasnipper-startup-that-uses-ai-to-eliminate-activity-7158781672820264960-4IM-?utm_source=share&utm_medium=member_android Pennylane becomes unicorn -https://techcrunch.com/2024/02/07/accounting-software-startup-pennylane-becomes-frances-latest-unicorn/ ChangeGPS will be part of Access - https://www.linkedin.com/posts/davidboyar_i-am-thrilled-that-the-next-phase-of-changegps-activity-7158562132257566724-zPMn?utm_source=share&utm_medium=member_ios Classic invoicing is retiring – Xero – App news channel 30/1/24 Karbon billing and payments  Xbert launches AI data tool - https://www.accountingweb.co.uk/tech/accounting-software/xbert-launches-ai-data-tool-in-the-uk Deepfake CFO - https://www.accountingweb.co.uk/tech/tech-pulse/deepfake-cfo-dupes-hong-kong-business-into-ps20m-payment Sage for accountants release - https://www.accountingweb.co.uk/community/industry-insights/sage-for-accountants-in-2024-the-11-latest-features-to-enhance-your
Hear the latest app news with Ryan, John and Indi: HMRC mandate payrolling benefits https://www.accountancyage.com/2024/01/25/hmrc-to-mandate-payrolling-of-benefits-from-april-2026-implications-and-preparations-for-accountants/ Launch of Receipt Bot - https://www.accountingweb.co.uk/tech/accounting-software/receipt-bot-targets-accounting-data-revolution Xemplo integrates with xero payroll - https://www.linkedin.com/posts/xemplo_xemplo-xero-payroll-integration-explore-activity-7155012613800652800-6acN?utm_source=combined_share_message&utm_medium=member_io GoCardless enhances FreeAgent integration - https://www.freeagent.com/blog/direct-debit-gocardless-payments/ Naq raised €3m seed round - https://www.linkedin.com/posts/activity-7155868898850930688-Tlpl/?utm_source=combined_share_message&utm_medium=member_ios Netcall acquires Skore - https://www.linkedin.com/posts/skore-labs_netcall-acquires-process-improvement-provider-activity-7155504602488999936-f3nO?utm_source=combined_share_message&utm_medium=member_ios Capitalise powers FSB funding platform - https://capitalise.com/gb/insights/the-federation-of-small-businesses-partners-with-capitalise Coconut & GoSimple Tax integration - https://www.linkedin.com/posts/james-cryne-451b2a16_exciting-news-for-accountants-activity-7155507714498916352-Ti6P?utm_source=share&utm_medium=member_ios We also catch up with Lucy Cohen from Mazuma about her latest raise and plans for their proprietary data capture app MazApp. Is AI next on the roadmap?
Join our Digital Disruptors community to keep updated on the latest app news and events we'll be running this year. This week we have a bumper app news to kick off 2024 and we take a look back at 2023 on apps we would bed, buy, bin based on their releases and forward plans. In app news this week: GI and Advancetrack settle - https://www.accountancydaily.co/ip-case-settled-between-gi-outsourcing-and-advancetrack IRIS pay improved- https://www.unipaas.com/blog/iris-pays-next-chapter-a-strategic-partnership-with-unipaas-enhances-kashflow  IRIS looking to sell for £3bn - https://finance.yahoo.com/news/kkr-advanced-talks-3-billion-150834828.html https://www.linkedin.com/posts/mergerlinks_leonard-green-partners-completed-the-acquisition-activity-7146601869576970241-ciqA?utm_source=share&utm_medium=member_ios Iplicit gets OCR - https://www.accountingweb.co.uk/community/industry-insights/iplicit-offers-all-customers-ap-automation AI tool Jenesys lands $1.1m to reimage role of accountants - https://www.accountingweb.co.uk/tech/accounting-software/ai-tool-jenesys-lands-11m-to-reimage-the-role-of-accountants BDO launches secure AI platform personas https://www.accountancydaily.co/bdo-launches-secure-ai-platform-personas Allica partners with Wise - https://www.finextra.com/pressarticle/99010/allica-bank-signs-with-wise-for-cross-border-money-transfers Pivot (procurement app) raises $21.6m - https://techcrunch.com/2023/12/12/procurement-software-startup-pivot-raises-216-million-just-a-few-months-after-its-creation/ Xero partner pricing increase - https://www.xero.com/uk/pricing-plans/partner-update/?fbclid=IwAR1mBcJmVESw9Nx4HpIpEwGDlFwCWbkOeS8G09ZDBfP8I79ENYjC6W5ohGM Xero money matters report  Xero hackathon releases - https://blog.xero.com/product-updates/highlights-from-2023-hackathon/ Dext updates - https://www.linkedin.com/posts/ben-s-9b707522_weve-been-delivering-the-q4-update-for-dext-activity-7138558551454547970-hTDq?utm_source=share&utm_medium=member_ios Quickbooks enhance reporting coming - https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-enhanced-reporting-changes-underway/ QBO balance sheet budgets https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-online-balance-sheet-budgets/ FreeAgent supports self assessment property pages https://www.freeagent.com/blog/self-assessment-property-pages/ ServiceM8 updates - https://www.servicem8.com/uk/october-2023-update Bill (formerly bill.com) launches lots of new features - https://insightfulaccountant.com/accounting-tech/vendor-news/bill-announced-new-features/ HMRC side hustle tax for online sellers https://uk-style-yahoo-com.cdn.ampproject.org/c/s/uk.style.yahoo.com/amphtml/hmrc-rolls-side-hustle-tax-175719631.html HMRC reveal existence of income tax https://www.ladbible.com/news/sport/luke-littler-net-worth-money-earnings-hmrc-712229-20240104
End of the year and that's a wrap for 2023. We end on the same note as we started with AI, or as Daniel Lawrence of Bots For That puts it, "Intelligent Automation".   Have you considered RPA or using AI of manual tasks such as bank reconciliation rather than hiring? Well this tidy interview gives you an idea of how other accounting firms are using intelligent automation in their processes. Seems like a fitting end to the year that has been all things AI.   And in app news this week:  FreeAgent and smart capture - https://www.freeagent.com/blog/introducing-smart-capture/ FreeAgent for landlords - https://www.freeagent.com/blog/freeagent-for-landlords/ Fresh Books board changes less the drama - https://www.freshbooks.com/blog/a-letter-from-freshbooks-founder-and-board-chair Iplicit's exciting batch of releases 2023. Not to be missed - https://www.accountingweb.co.uk/community/industry-insights/new-iplicit-functionality-of-2023-round-up TaxCalc handles FRS102s to LLPs - https://www.accountingweb.co.uk/tech/accounting-software/taxcalc-expands-frs-102-capabilities-to-llps Know-IT new App - https://know-it.co.uk/blog/automated-credit-control-platform-know-it-goes-mobile-with-a-brand-new-app/ Excel changes - hold on to your seats - Groupby & Pivotby - https://www.linkedin.com/posts/davebenaim_excel-activity-7130466435788595201-mTfN?utm_source=share&utm_medium=member_ios Spotlight Sustain and advancements in ESG accounting - https://www.spotlightsustain.com/?utm_content=272732482&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2431406 Payhawk launches PO - https://www.finextra.com/pressarticle/98856/payhawk-launches-purchase-order-system German B2B e-invoicing delay - https://ffnews.com/newsarticle/funding/uk-sme-payments-fintech-crezco-raises-12m-announces-its-technology-partnership-enabling-a-new-xero-feature/ Caution on the digital pound - https://www.bbc.co.uk/news/technology-67590468 Finally BED, BUY or BIN for accounting events - what is coming up in the next few months. We cover the events we're putting in the bed, buying or binning off. Caveat - we are signed up to all of them including the inaugural FAB event run by Accounting Web in Birmingham this year. See you there!
Latest app news covering the numerous software and business updates, this week we feature: Sage results - https://www.sage.com/investors/investor-downloads/press-releases/2023/11/full-year-2023-results-22-november-2023/ Xero results - https://www.linkedin.com/posts/kirstygodfreybilly_today-we-reported-xeros-half-year-earnings-activity-7128196997060198400-4wJ1?utm_source=share&utm_medium=member_ios Xero beautiful business fund winners - https://www.xero.com/blog/2023/11/beautiful-business-fund-winners-2023/ Xero HQ – tax manager - https://www.xero.com/blog/2023/11/new-tax-manager-in-xero-hq/ XERO AWS link - https://devblog.xero.com/were-collaborating-with-aws-to-help-small-businesses-digitise-9d98275203de?source=rss----ed4d3abf1c21---4 Xero automated sales tax US - https://insightfulaccountant.com/accounting-tech/general-ledger/xero-introduces-new-automated-sales-tax/ Xero Pay - https://blog.xero.com/product-updates/pay-bills-without-leaving-xero/ Xero e-invoicing - https://blog.xero.com/product-updates/introducing-einvoicing-in-the-uk/ Sage CTO AI vision - https://www.accountingweb.co.uk/tech/accounting-software/sage-cto-spells-out-ai-accounting-vision Sage Intacct releases - https://insightfulaccountant.com/accounting-tech/vendor-news/new-sage-intacct-features/ QuickBooks Inventory - https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-inventory-sales-and-e-commerce-enhancements/ QBO trade gecko fearures - https://insightfulaccountant.com/podcastsvideo/quickbooks-sales-orders/ QB ledger - https://insightfulaccountant.com/podcastsvideo/quickbooks-ledger/ QB payroll & HR announcements - https://insightfulaccountant.com/accounting-tech/payroll-merchant-services/other-quickbooks-payroll-and-hr-enhancements/ QB closing Mint - https://insightfulaccountant.com/in-the-news/people-and-business/mint-app-to-end-january-1-2024/ Intuit new prod launches QBC - https://insightfulaccountant.com/accounting-tech/vendor-news/intuit-quickbooks-unveils-new-product-innovations/   Followed by a sneak peek into Michael Woods’ latest venture, Transluscent, backed by an all-star line league of accounting tech veterans.  If you like this episode and haven’t reviewed us yet, don’t forget to take 2 minutes to write us one. Thanks!
In this episode John spends some time with Sam O'Connor, GM at Oak North and ex-Co-Founder of Coconut, for a post mortem on the exit of Coconut. As most will recall Coconut exited earlier this year to GoSimpleTax - thanks to a delayed MTD for ITSA. But we hear all about how Oak North, one of the fast growth and profitable Banks in the UK is working with Accountants in the UK.   Followed by a bed, bin and buy session with John and Ryan on payroll bureau softwares. That's right, we tell you who we would get into bed with, buy or bin it.    We return next week with a bumper app news - but if you need your fix sooner - subscribe to app news on the all new Digital Disruptors website.
In this episode we're joined by Alex Von Schirmeister, Xero's EMEA MD, who talks all things small business fresh off the back of the Small Business Accounting Report released by Xero earlier this month.  Hear about the work being done by Xero in Number 10 on rooting out late payments aka unapproved debt as well as news on the big priorities in Xero right now. In app news this week: Gravity AI software - Revolutionizing Accounts Payable Automation: Gravity Software Unveils Cutting-Edge AI Technology Powered by Microsoft’s Cognitive Services AI Engine - insightfulaccountant.com NetSuite AI - https://www.blakeoliver.com/blog/evan-goldberg-talks-netsuite-new-ai-features-at-suiteworld-2023 Hindsight gone - https://www.hindsightapp.com/goodbye/ Comma gone - The Future of the Comma App. Weavr acquired Comma in March this year… | by Adam Harrison | Sep, 2023 | Comma Payments (usecomma.com) Sage free software - https://www.businessage.com/post/sage-launches-first-free-accounting-solution-for-sole-traders QBO COA template - https://insightfulaccountant.com/accounting-tech/general-ledger/new-qbo-accountant-coa-template-feature/ QBO e-commerce capabilities - https://insightfulaccountant.com/accounting-tech/general-ledger/intuit-announces-new-e-commerce-capabilities-for-quickbooks/ https://investors.intuit.com/news/news-details/2023/Intuit-QuickBooks-Introduces-Integrated-E-Commerce-Management-for-Product-Based-Businesses-Using-QuickBooks-Online/default.aspx Fathom custom terminology - https://support.fathomhq.com/en/articles/8487105-custom-terminology FreeAgent wins friendliest software - https://www.freeagent.com/blog/freeagent-named-friendliest-software-2023/ Freeagent amazon integration - https://www.freeagent.com/features/amazon-seller/ Enhanced tax calculator for Mettle - https://www.accountingweb.co.uk/tech/accounting-software/enhanced-tax-calculator-for-mettle-and-freeagent-users Xero updates – Tweaked reporting for more cusotmisation. Smooth transition from old reports? Powered up the contacts screen – greater links to XPM (new focus) Xero awards judges - https://www.xero.com/blog/2023/11/xero-awards-uk-2024-judges/ Iplicit linked to thousands of apps – iPaaS - https://www.accountingweb.co.uk/community/industry-insights/iplicit-is-now-easily-linked-with-thousands-of-other-applications-thanks Apron new feature - any of approvals - https://www.accountingweb.co.uk/community/industry-insights/new-feature-any-of-approvals RQ advisory for accounting - https://www.accountingweb.co.uk/tech/tech-pulse/rq-aims-to-unlock-advisory-income-for-accounting-firms Capium launches AML - https://www.accountingweb.co.uk/tech/accounting-software/capium-enhances-aml-offering-and-updates-charity-tools Xero new app – Greenly - https://www.prnewswire.com/news-releases/greenly-joins-xero-app-store-brings-revolutionary-carbon-accounting-app-to-wider-audience-301965695.html
A very juicy episode - in just over an hour we cover app news, the latest from QuickBooks conference and a pod collab with Aaron Patrick and Johan Goree, as well as a hop over to the other side of the world to join Alex Falcon from Soaring Falcon on her latest Practice priorities. Kicking off with Damon from Employment Hero on whether how real time reporting is delivering impact right across the industry. In app news this week: Glen foster to Dext - https://www.linkedin.com/posts/glenfoster1_bebrave-beexceptional-betogether-activity-7115691612726272001-xWj1?utm_source=share&utm_medium=member_ios Bright appoints new CEO https://www.accountingweb.co.uk/tech/accounting-software/bright-appoints-stephen-murdoch-as-new-ceo Xero AI powered contact predictions https://www.xero.com/blog/2023/10/new-ai-powered-contact-predictions/ Xero single client record - https://www.xero.com/blog/2023/10/single-client-record-is-coming/ Sage new releases https://www.linkedin.com/posts/chris-downing_feel-like-software-update-webinars-are-a-activity-7118128655003742208-Yqlv?utm_source=share&utm_medium=member_ios QBO - roadshow Ignition new features - https://www.ignitionapp.com/news/ignition-unveils-latest-innovations-to-enable-accountants-and-professional-services-to-maximize-revenue Nook brings in multi step approvals Confirmation.com new UX Visma deal for Silverfin €300m https://www.accountingweb.co.uk/tech/accounting-software/visma-snaps-up-silverfin-in-eu300m-deal Googles makes passkeys default - https://techcrunch.com/2023/10/10/google-makes-passkeys-the-default-sign-in-method-for-all-users/ France to roll out e-invoicing 2026 - https://www.accountingweb.co.uk/business/finance-strategy/france-sets-the-ball-rolling-on-e-invoicing
In this episode we're joining Damon Anderson to talk data security in payroll tech. Followed by a flashback interview with Will Farnell post the launch of his book The Human Firm earlier this year - we talk tribalism, kindness and commercialising accounting.  App News this week has run a little off schedule but in this week we cover a range of topics from the 40 minute mark: TOD – Copilot launches - https://www.accountingweb.co.uk/tech/tech-pulse/tod-copilot-aims-to-reduce-ai-risks-for-tax-firms Firmcheck launches in UK - https://www.accountingweb.co.uk/tech/practice-software/firmcheck-launches-into-the-aml-software-market Mayday new features - https://www.accountingweb.co.uk/tech/accounting-software/mayday-adds-bank-reconciliation-and-loan-balance-functions QBO Intuit assist – firs tlook - https://intuitiveaccountant.com/accounting-tech/general-ledger/qbo-monday-minute-quickbooks-online-intuit-assist/ QuickBooks money launched - Intuit Launches Subscription-Free Quickbooks Money (financemagnates.com) QuickBooks PM live - https://www.accountingweb.co.uk/tech/practice-software/quickbooks-practice-manager-tool-goes-live End of Pay with Wise in Xero https://central.xero.com/s/article/Set-up-Pay-with-Wise Modulr integration to Xero Modulr makes paying bills simple, secure and automated with Xero - London Business News | Londonlovesbusiness.com Xero AI driven support starts to roll out in the UK – answers rather than links Xero API – bulk connections - https://devblog.xero.com/streamline-your-onboarding-with-xero-bulk-connections-d39c1a65ee8?source=rss----ed4d3abf1c21---4 Xero support now calls you Swoop partner sage  Apron feature – remtance advice - New feature: remittance advice | AccountingWEB Apron lands £12m funding - https://www.accountingweb.co.uk/tech/tech-pulse/apron-lands-ps12m-funding-and-launches-client-hub Visma acquires silverfin - https://www.visma.com/news/visma-strengthens-position-as-europes-cloud-accounting-champion-with-acquisition-of-silverfin Iwoca live on shopify - https://www.linkedin.com/posts/iwoca_iwocapay-is-now-live-on-shopify-now-you-activity-7110578426335371265-jKaI?utm_source=share&utm_medium=member_android Capitalise credit risk tool - https://www.accountingweb.co.uk/tech/tech-pulse/capitalise-boosts-functionality-with-credit-risk-tool Plan A carbon accounting app raises $27m https://techcrunch.com/2023/09/19/plan-a-carbon-accounting/ MTD agent authorisation is changing – had to add can no longer copy- Agent VAT authorisation is changing | AccountingWEB
Seems only fitting Heather Smith joins us for the introduction of our new network, the Digital Disruptors, to talk about the value of networks, introverts and peer learning opportunities. What networks are you part of? Do you have a unique perspective to share? Come and join our Digital Disruptors network. In this week's app news: Intuit posts great results - https://intuitiveaccountant.com/in-the-news/people-and-business/intuit-reports-strong-fourth-quarter-and-full-year-results/ Xero publishes its industry performance report Stuart Hurst's 4 day working week success – Accounts and Legal - https://www.linkedin.com/posts/stuart-hurst-cloud_friday-work-staff-activity-7100846229986717696-i_lz?utm_source=share&utm_medium=member_ios Phoenix from the ashes - Reducer is back Snap! Waddle rises again too - https://thepaypers.com/online-mobile-banking/cbas-acquisition-of-waddle-strengthens-[…]=email&utm_campaign=Daily+2023-09-07+Daily-Newsletter-Banking FYIs largest ever release - https://www.linkedin.com/posts/cameronrobert_exciting-news-fyi-is-launching-a-new-activity-7102110524343013377-Rp1U?utm_source=share&utm_medium=member_android Syft – multiple releases  GoProposal in AML - https://www.accountingweb.co.uk/tech/practice-software/goproposal-enters-the-aml-arena Intuit launches AI powered assistant - https://techcrunch.com/2023/09/06/intuit-assist-generative-ai-assistant/ & https://intuitiveaccountant.com/in-the-news/people-and-business/meet-intuit-assist/ Dextension - https://info.dext.com/dextension Restore signs £140 deal with HMRC for digital comms - https://www.accountancydaily.co/restore-signs-ps140m-digital-communication-deal-hmrc Freshpay in Xero app store - https://x.com/xeroapi/status/1700026367226622417?s=12&t=P8Y4JmhL4HglZr3bauCj4Q Wunderbuild in app store - https://x.com/xeroapi/status/1699965915968720896?s=12&t=P8Y4JmhL4HglZr3bauCj4Q Setyl on Appstore - https://x.com/xeroapi/status/1700992688550809761?s=12&t=P8Y4JmhL4HglZr3bauCj4Q Advancetrack win battle with GI Outsourcing - E-Accounting Solutions Ltd t/as AdvanceTrack v Global Infosys Ltd t/as GI Outsourcing
We are rolling on with episode 2. In this episode we throw back to the time where John was incapacitated and locked in a Flinder chalet - left to his own devices he pondered life's big questions... and mainly what Jon Gaunt would do next post his exit from Dext. Joined by some friendly faces, Alex Bond Burnett, Pamela Phillips, Luke Streeter and Dave Sellick. Damon from Employment Hero gives us another 5 minute dose of the benefits of integrated HR, payroll and AI. We also cover in app news: Xero launch beautiful business fund – financial awards for small businesses - deadline in a month - Xero unveils new AI tools, $690,000 Beautiful Business Fund (smartcompany.com.au) , https://www.intuitiveaccountant.com/accounting-tech/vendor-news/xero-beautiful-business-fund-submissions-now-open/ Xero product announcements Sydney 2023 - Product wrap from Xerocon Sydney 2023 | Xero Blog Xero sneak peek at inventory upgrade from US roadshow - US Roadshow Accelerate: Xero brings the product announcements (and the noise) | Xero Blog QBO fixed asset module (US) - Whats New in QBO: Fixed Asset Management in QBO Advanced - insightfulaccountant.com (intuitiveaccountant.com) Apron raises $5.5m in funding round,  available for charities and launches confirmation of payee Say hello to Apron: the powerful payment platform that’s raised $5.5M in funding | AccountingWEB New feature: charities are now welcome on Apron | AccountingWEB It's a match! New feature: Confirmation of Payee | AccountingWEB Silverfin goes live AI assistant - Silverfin boots up AI assistant | AccountingWEB FreeAgent using AI - How FreeAgent uses AI | AccountingWEB Firmcheck (formerly connectworks) hire Kevin Lord – Head of Sales at Freeagent and Chaser Translucent accounting raises £5m seed round - Translucent Accounting Platform Raises £5M Seed-round - insightfulaccountant.com (intuitiveaccountant.com) Reflow added to Xero app store – field management for construction, highway management etc – now over 1,500 apps on the xero app store worldwide and over 20,000 that connect via the API (thanks to heather smith for that insight)- XeroAPI on X: "Welcome to the UK @Xero App Store, @reflow247! Re-flow's field management software for construction, highway management, civil engineering, rail and landscaping helps firms & industry heavyweights M.V. Kelly, Colas & BMI, reach the next level. Details: https://t.co/BlWLcvOdOd https://t.co/gijCpcp2Hl" / X (twitter.com) Empowered by cloud – Laura Taylor construction focussed accountancy firm trial 4 day working week, reverted after 4 weeks(2) Post | LinkedIn Incompetent accountant - Incompetent accountant showed no grasp of CGT | AccountingWEB IRS set to go paperless by 2025 - IRS Set to Go Paperless by 2025 - insightfulaccountant.com (intuitiveaccountant.com) ICAEW launch enquiry into gaps in HMRC digital journey - Gaps persist in HMRC’s digital service journey | AccountingWEB Thanks to Leigh @ Nomad for his seriously sharp editing skills.
It's Season 3 and we're all set for another season with our new editor in tow, thanks to Leigh at Nomad Video. In this episode we cover app news, the big pricing debate and an intro to Damon from Employment Hero. In app news this week: Xero and Dext price increases (also Sage) - Dext pricing change from today | AccountingWEB Fathom – budget release – Adding Budgets for Divisions | Fathom Help Centre (fathomhq.com) ApprovalMax or Cin7 Core - (1) New Messages! (approvalmax.com) QBO aligned navigation - QuickBooks Online Navigation Revisions Coming Soon - insightfulaccountant.com (intuitiveaccountant.com) Intuit pulls QuickBooks from France - Intuit is 'Turning Out the Lights' in France - insightfulaccountant.com (intuitiveaccountant.com) QuickBooks workforce App - New QuickBooks Workforce App Goes International - insightfulaccountant.com (intuitiveaccountant.com) Bright launches proposal software (Bright Propose) - Bright launches new proposal software tool | AccountingWEB FYI sharepoint integration - FYI Software brings greater collaboration with SharePoint integration | AccountingWEB UK government considers open banking through gov.co.uk Pay Interested in joining us for an episode? Or joining our network? Get in touch.
Switching things up in this episode with the introduction of a rant of the week, top tips in the form of networks we think are worth joining. Also a mini intro to Conrad Ford, ex Founder of Funding Options and now CPO/CSO of Allica Bank who is looking to shake the accounting tech market back up. As always leave us some feedback, a review or share this with someone you think may benefit. App news this week covers: Company insolvencies rise in Dec - https://www.accountancytoday.co.uk/2023/01/17/company-insolvencies-rise-32-in-december/ HMRC can't blame pandemic - https://www.accountancyage.com/2023/01/11/hmrc-cant-blame-the-pandemic-for-all-its-customer-service-failings-says-mp/ Xero new marketing push - https://www.linkedin.com/posts/adam-keal-63195b_xero-misconceptions-lets-clear-it-up-shall-ugcPost-7019339684807901184--_vf?utm_source=share&utm_medium=member_ios Ignition 10% staff cut - https://www.linkedin.com/posts/activity-7020865045949534208-BYRD?utm_source=share&utm_medium=member_ios https://www.accountingweb.co.uk/tech/practice-software/tech-slump-spreads-to-practice-software Treasury considers UK digital pound https://www.bbc.co.uk/news/technology-64224950 Microsoft GPT latest - https://www.theverge.com/2023/1/9/23546144/microsoft-openai-word-powerpoint-outlook-gpt-integration-rumor Mayday BRAG - https://www.getmayday.com/brag Intuit business network - https://investors.intuit.com/news/news-details/2023/Intuit-QuickBooks-Business-Network-to-Accelerate-and-Automate-B2B-Payments-for-Millions-of-U.S.-Businesses/default.aspx Quickbooks banking enhancements - https://www.intuitiveaccountant.com/accounting-tech/general-ledger/january-brings-banking-enhancements-to-quickbooks/ Mailchimp launches campaign manager and webhooks - https://investors.intuit.com/news/news-details/2023/Intuit-Mailchimp-Launches-Campaign-Manager-and-Webhooks/default.aspx Ecologi joins Xero Appstore - https://www.xero.com/blog/2022/11/small-businesses-net-zero-ecologi/?utm_source=DSMN8&utm_medium=LinkedIn Sortscape – law and garden maintenance tool for xero appstore https://twitter.com/xeroapi/status/1615832497266335766?s=12&t=89e7mKU6pX-Pop_Lj5u6Cg
It's an hour of gold with markers in tow - or just scrub to the below times to get the juice you want. First 4 minutes - Banter & Intro App News: 04:25 Tax Sheets - 1st MTD ITSA casualty 07:30 Sage strong arm tactics & Sage Earth 13:44 IE11 to be disabled 16:29 Capium, UniPaaS and embedded payments 20:39 Excuse the bants - spread it like PB & J 24:42 QBO Updates 25:46 Jonathan Gaunt leaves Dext 27:01 Silverfin - who are they? 30:47 Three raises - Chat GPT, Intuit & Allica 36:16 Chat GPT spotlight & use cases - takeaways for use 46:01 Interview with Cameron Ford from Silverfin 59:29 Rant of the week & Close Out
New Years Special 2023

New Years Special 2023

2023-01-0401:04:00

For those of you easing back into the 9 to 5 - join us for this pod where we go back over the big news for 2022 and cover some predictions for accounting tech in 2023. Excuse the banter - it's clearly been a while since we spoke. Leave us a review and tell us what episode took your fancy from our catalogue!
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