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

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

PYMNTS

SEPTEMBER 13, 2016

.” McDonnell told ZDNet that, while that case is an extreme one, late payments trouble many SMEs in Australia, which is why PayPal chose to work with small business accounting firm Xero. “It’s a cash pump, and I call the cash pump the heart of the business.”

B2B

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

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.

Account

CPA Practice

AUGUST 14, 2023

As head of B2B Solutions at Global Payments, he is responsible for driving a cohesive growth strategy across the organization’s B2B capabilities, including both MineralTree and TSYS. . ### ———— About the Author Brian Greehan’s professional experience includes fintechs, card networks, and large financial institutions.

Finance

PYMNTS

NOVEMBER 21, 2016

based small business accounting firm, has listed on the nation’s AIM stock exchange, the LSE ‘s market for smaller firms. Equity-crowdfunded FreeAgent, a U.K.-based FreeAgent broke ground with the listing but, according to reports, missed the mark on valuation. Friday (Nov.

Account

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

PYMNTS

JANUARY 25, 2019

” The company noted that its team had previously worked at an Intuit ProAdvisor and accounting firm, though it did not name the company. Last year, the firm partnered with payroll provider Gusto , then Everlance to integrate fleet mileage and expense tracking into the accounting platform.

quickbooks

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

PYMNTS

AUGUST 7, 2018

GoCardless is expanding into Australia in an effort to support direct debit B2B payments to suppliers, reports in IT Wire said on Monday (Aug. The company is collaborating with small business accounting firm Xero to integrate its B2B payments capabilities into the platform.

B2C

PYMNTS

SEPTEMBER 12, 2016

Just one day prior, Xero revealed an integration with electronic bill pay system BPAY, as well as a new partnership with small business lending platform Fuelled. Facebook Messenger is a popular destination for SME-serving chatbots.

bookkeeping

PYMNTS

DECEMBER 19, 2019

This is particularly true in small- to medium-sized business (SMB) accounting, where technology providers have said that CPAs have an opportunity to have manual, monotonous tasks automated for those professionals so they can provide an elevated level of strategic guidance to their SMB clients. “Why? . “Why?

Finance

PYMNTS

APRIL 4, 2019

Australian small business cloud accounting firm MYOB is moving closer to an acquisition by private equity firm KKR, but in the meantime, the company is keeping up with market shifts. Amid the new requirements, Australia’s small business accounting technology market continues its own market shifts.

payroll

PYMNTS

DECEMBER 9, 2019

In the fight against late B2B payments, the U.K. ’s former small business commissioner, raised concerns about being pushed out of the position and the government’s lack of funding to combat late supplier payments. businesses are owed an estimated $3.1 Most recently, Paul Uppal, the U.K.’s

B2B

PYMNTS

JUNE 19, 2019

Aprio Cloud and Jirav are teaming up to develop small business accounting solutions aimed at providing real-time data visibility to small and medium-sized businesses (SMBs) and their advisors. ” Data analytics are quickly becoming an integral part of the small business accounting function.

Account

PYMNTS

JULY 11, 2016

Still, analysts are taking 2016’s midpoint to assess the financial health of businesses outside the public realm — namely, SMEs. At the end of Q2 2016, small businesses are still waiting a long time to get paid, though there have been some improvements in B2B payment speeds. 52% of U.K.

accounting technician

PYMNTS

OCTOBER 9, 2018

tax reform on the small business community, but so far, small business owners say the overhauls have made little impact on their hiring practices. It will take some time to understand the true impact of U.S. “We asked, ‘What effect on your hiring plans has the Tax Cuts and Jobs Act had?'

Tax

PYMNTS

MARCH 16, 2018

Further, industry trends have led the traditional accountant model to become “obsolete,” reports said, meaning accountants have to embrace the more strategic role of advisor. “By However, in order for accountants to remain relevant in an intensely competitive market, a new paradigm and mindset is needed.”. “The

Account

PYMNTS

JUNE 9, 2020

To connect modern accounting firms with small businesses, FreshBooks rolled out its FreshBooks Accounting Professionals Program. 2 small business accounting software in America, is headquartered in Toronto, Canada and has offices in Raleigh, North Carolina as well as Amsterdam, Netherlands.

North Carolina

PYMNTS

DECEMBER 11, 2017

These same demands are now weighing on the accountants that service small firms as well. The latest data from small business accounting firm Xero suggests the accountants who are taking action on the call for advisory services are reaping the benefits.

Account

PYMNTS

DECEMBER 12, 2018

Small business (SMB) cloud accounting firm Right Networks has announced the acquisition of Propelware in an effort to connect its accounting technology to other areas of the enterprise. In a press release issued on Tuesday (Dec.

quickbooks

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.” “That’s long gone.”

accounting and finance

PYMNTS

JULY 22, 2016

Small business accounting firm Reckon wants to help its SMEs access financing — without having to go to the bank. The loans will be provided through alternative lending firm Prospa , reports said on Thursday (July 21), and SMEs will be able to access loans between $5,000 and $250,000.

accounting and finance

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.

Technology

PYMNTS

MAY 15, 2018

Dubbed Wiise , the Australia-based startup will rival the market’s current industry leader Xero and fellow Australian small business accounting firm MYOB. Reports on Monday (May 14) said the companies will launch Wiise in July, owned by KPMG and operated through a joint deal between Microsoft and CBA.

Account

PYMNTS

MAY 3, 2018

Earlier this year, Veem launched an initiative to expand its global payment services to third parties via API, revealing in February that it is working with logistics company Cargocentric, digital staffing solution provider EliteWork, accounting firm HireAthena and virtual reality company SpringboardVR, which have integrated Veem’s capabilities.

small business accounting

PYMNTS

JUNE 19, 2018

Small business software provider Zetran is adding an accounting solution to its suite of services, the company said on Sunday (June 17). In a press release , Zetran said it saw a gap in the market for affordable automation software for small and medium-sized business accounting firms.

Technology

PYMNTS

AUGUST 1, 2018

A new survey from K2E Canada suggests small business accountants understand that technological disruption is a major challenge, yet few are addressing the issue. The survey found that only 33 percent of sole practitioners and 26 percent of small accounting firms have updated their tax software in the last five years.

Technology

PYMNTS

OCTOBER 23, 2019

Small business cloud accounting firm Xero is strengthening its partnership with U.K.-based The firms announced their expanded collaboration via press release Tuesday (Oct. businesses continue to make B2B payments via paper check. joint customers.

B2B

PYMNTS

JANUARY 19, 2018

When it comes to late B2B payments, eyes most often turn toward the U.K., According to the latest figures from Dun & Bradstreet, small businesses (SMBs) in the U.K. According to the latest figures from Dun & Bradstreet, small businesses (SMBs) in the U.K. are owed an average of more than $88.6

Government

PYMNTS

MARCH 30, 2018

Reports in ZDNet on Thursday (March 29) said the Australian Competition and Consumer Commission (ACCC) raised concerns about the merger of the two small business accounting companies in its preliminary investigation of the $138 million deal , announced last November.

small business accounting

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.

Technology

PYMNTS

JULY 27, 2016

Manual data entry into spreadsheets is an outdated process for small business accounting and financial management, yet remains commonplace. SME accounting firm Sage looks to reduce the use of spreadsheets, but on Tuesday (July 26), the firm took its battle against the legacy tool a step further.

small business accounting

PYMNTS

MAY 11, 2018

According to data released on Thursday (May 10) by small business accounting firm Xero , the company has reduced its losses for Fiscal Year (FY) 2018 compared with last year.

small business accounting

PYMNTS

JULY 15, 2016

Small business accounting firm Sage is taking a nuanced approach to its services. According to VentureBeat , Sage is currently developing a chatbot built for Facebook Messenger and Slack to help small business owners manage their finances.

Account

PYMNTS

DECEMBER 18, 2018

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.

Technology