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 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 accountant accounted small business accounting 67

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

PYMNTS

NOVEMBER 25, 2020

In an effort to assist small business owners in Britian on a greater scale, small business accounting software company FreshBooks has teamed with Barclays to offer joint offerings to customers in the country. 25) announcement.

small business accounting software 94

small business accounting software Account accountant accounted 94

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 lending company Simply Asset Finance recently announced that it has completed its first funding deal using Open Banking.

Account 87

Account accountant accounted small business accounting 87

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 Tribal Credit. Modern Treasury.

accounting and finance 52

accounting and finance small business accounting B2B payroll 52

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 accountant accounted Technology 76

PYMNTS

OCTOBER 31, 2016

At earlier moments of B2B FinTech development, the industry seemed to be following in the footsteps of the business-to-consumer space. The trend seems to be reviving, though, according to Intuit Developer Group Vice President Vinay Pai, small businesses could be leading the charge this time.

B2C 77

B2C B2B quickbooks Technology 77

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

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

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 accountant accounted accounting and finance 44

PYMNTS

AUGUST 10, 2018

A week of more than $200 million for B2B FinTech firms across the globe shows that venture capitalists’ support for the space continues. Asia-Pacific and North American startups took the lead this week, with funding going to small business (SMB) accounting, payroll, B2B eCommerce and cybersecurity firms — just to name a few.

B2B 40

B2B accounting and finance E-commerce payroll 40

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 accountant 71

CPA Practice

FEBRUARY 1, 2024

CPAs and accountants are uniquely positioned to help their clients out with a variety of advisory services. Making more money ranked higher than getting financing or seeking acquisition, but just how are they getting their money? 2: Help Them Add to Their Payrolls In 2024, 71% of small business owners say they want to hire workers.

E-commerce 64

E-commerce quickbooks tax return payroll 64

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 Account accountant accounted 77

PYMNTS

APRIL 19, 2019

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. With machines now taking care of repetitive financial tasks, accountants have had to readjust their position from number-cruncher to value-adder to remain relevant.

payroll 61

payroll Technology Account accountant 61

PYMNTS

OCTOBER 26, 2018

Businesses across Asia, South Africa, the U.K. raised venture capital for their SMB-facing tools, including global payments, accounting and banking. The new funding will be used to expand its team and open new locations, though the company did not reveal where its expansion will occur, reports in Business Matters said.

accounting and finance 77

accounting and finance B2B Technology Entertainment 77

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. Researchers said this can lead to higher costs from accountants and a higher risk of auditing come tax time.

Account 61

Account accountant accounted small business accounting 61

PYMNTS

JUNE 7, 2018

challenger bank Arro Money , which launched its small business bank account service last December, has debuted its newest product designed for sole traders. In an announcement sent to PYMNTS on Wednesday (June 6), Arro Money said it has rolled out its account designed for entrepreneurs that operate independently.

Account 53

Account accountant accounted small business accounting 53

PYMNTS

JULY 21, 2017

Recent reports said Indeed’s analysis found “business analyst” to be the most in-demand small business finance job, followed by “business development manager” and “data analyst.” ” Notably absent from the top 10 list is “small business accountant.”

Account 43

Account accountant accounted small business accounting 43

PYMNTS

JUNE 7, 2018

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. Accounting could be among the hardest hit industries. “This presents both positive opportunities and potential pitfalls.”

Technology 51

Technology Account accountant accounted 51

PYMNTS

NOVEMBER 21, 2017

Brad Smith, CEO of enterprise software firm Intuit , is warning accountants that they must embrace artificial intelligence (AI) in their professions or risk falling behind. According to news from Yahoo Finance , Smith spoke at the QuickBooks Connect conference to discuss the potential for AI to disrupt the accounting field.

quickbooks 40

quickbooks Account accountant accounted 40

PYMNTS

FEBRUARY 27, 2018

For franchise owners, financial data isn’t just stored across systems; it’s stored across various business locations, making financial analysis even more difficult. Franchisees often have multiple business locations, so it’s hard to keep track of the cash in your bank,“ he said. In the U.S.,

B2B 40

B2B Technology payroll bookkeeping 40

PYMNTS

DECEMBER 18, 2018

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession. Recently, several technology firms have done just that.

Technology 53

Technology Account accountant accounted 53

PYMNTS

MAY 15, 2018

Microsoft is collaborating with Commonwealth Bank of Australia (CBA) and KPMG to form a new cloud accounting startup, Financial Review reported. Dubbed Wiise , the Australia-based startup will rival the market’s current industry leader Xero and fellow Australian small business accounting firm MYOB.

Account 41

Account accountant accounted small business accounting 41

PYMNTS

FEBRUARY 15, 2019

Corporate accounting platform ScaleFactor is rolling out its Android app for business professionals to gain real-time visibility into company finances. The company is introducing its Android app to link small business owners to ScaleFactor Business via their mobile devices, the firm said in a press release Thursday (Feb.

Account 57

Account accountant accounted accounting and finance 57

PYMNTS

NOVEMBER 27, 2019

For small- to medium-sized businesses (SMBs) in particular, the growing population of back-office enterprise apps, forcing users to toggle between platforms and manually move data from one portal to another, is among the most popular scenarios in which data integrations can support more efficient operations.

accounting and finance 90

accounting and finance Finance B2B Account 90

PYMNTS

JUNE 27, 2016

Reports Thursday (June 23) said OnDeck has launched its Accountant Advisor Program , a service that helps professionals accountants arrange financing for their SME clients. ” OnDeck facilitates access to working capital of up to $500,000 for accountants’ SMEs with the program. .

Account 40

Account accountant accounted Kentucky 40

PYMNTS

AUGUST 1, 2018

He added, “Gusto is supporting entrepreneurs and family-run companies that have been left behind by others while becoming the growing standard for small businesses.”. Earlier this month, Gusto announced a partnership with small business accounting firm Xero, allowing it to provide payroll throughout all 50 states in the U.S.

B2B 40

B2B payroll accounting and finance small business accounting 40

PYMNTS

SEPTEMBER 28, 2017

The future of the corporate accountant is in flux. FinTechs are developing ways to automate accounting tasks, forcing human accountants to provide more strategic, value-added services. That doesn’t mean corporate accountants are jumping ship, however.

Account 43

Account accountant accounted corporate accounting 43

PYMNTS

JANUARY 26, 2018

More than $150 million in venture capital bolstered the B2B FinTech market this week, and while investors made big steps into areas like human resources, fleet management and artificial intelligence (AI), it was an old favorite that saw the most, and largest, investment rounds: alternative lending. B2B Payments. SMB Accounting.

B2B 54

B2B accounting and finance Technology Oregon 54

PYMNTS

MARCH 28, 2018

Social media marketing company BleuPage is broadening its B2B services with the launch of a business management tool designed for the “solopreneur.”. based BleuPage is rolling out Bizggro, a suite of solutions for small businesses and entrepreneurs. A press release on Tuesday (March 27) said U.K.-based

bookkeeping 51

bookkeeping Expense Management accounting and finance small business accounting 51

PYMNTS

JANUARY 22, 2019

Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes. ” Even so, only 11 percent of companies surveyed have integrated AI within their finance functions. .”

Technology 77

Technology accounting and finance Finance corporate accounting 77

PYMNTS

NOVEMBER 13, 2019

According to reports, banks are looking for alternatives to the traditional data aggregation tactic of screen scraping, which requires users of financial services platforms to provide their usernames and passwords to their online banking accounts to share financial information with that platform. Yet, outside the U.S., Another U.K.

quickbooks 41

quickbooks accounting and finance Business Spend Management Platform B2B 41

PYMNTS

APRIL 24, 2019

challenger bank Starling Bank is connecting its small business customers to FreeAgent financial management software. “FreeAgent will play an essential role in this by helping our business customers spend less time on administrative tasks and more on what counts, growing their business.”

Account 51

Account accountant accounted accounting and finance 51

PYMNTS

MARCH 13, 2019

But mobile devices are an increasingly important part of a small business’ financial management strategy, adding another channel on which banks and FinTechs must innovate to disrupt and improve SMB finances. But outside of basic accounting, manual processes and paper still rule. ”

accounting and finance 67

accounting and finance small business accounting software Technology basic accounting 67

PYMNTS

FEBRUARY 5, 2018

. “A huge part of running a business is making sure everything you do, from a CRM [customer relationship management] or a PSA [professional services automation] perspective, is tied in with the organization’s financial metrics,” the executive noted. “I’m a big believer in Big Data,” he continued.

Finance 43

Finance Technology quickbooks small business accounting 43