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Bill.com Gets Cozy With Accounting Apps

PYMNTS

“To stay competitive and profitable, accounting and bookkeeping firms increasingly rely on a platform that is based in the cloud and extended with mobile apps to introduce efficiency and reduce costs,” said Bill.com Senior Director of Channels and Alliances Bob Lewis in a statement.

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Coconut Connects With UK SMB Bank Accounts

PYMNTS

Smart accounting app Coconut aims to automate bookkeeping for self-employed and small businesses (SMBs) around the U.K. The platform is already being used by 15,000 people and 500 accountants, enabling sole traders and limited SMBs to manage their business finances.

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. SMB Accounting App Coconut Opens to Banks. Now they don’t have to.

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How Accountants-Turned-Advisors Can Manage The FinTech Deluge

PYMNTS

This means that in the SMB FinServ space, there is a significant market opportunity to target the accountant. Last month, for instance, payroll technology firm OnPay launched its partner program to provide accountants and bookkeepers with their own dashboard so they could use the solution for their clients.