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HostBooks Enters The SMB Accounting Arena

PYMNTS

San Francisco-based HostBooks is stepping into the small business (SMB) accounting software industry, announcing Thursday (Jan. In its announcement , HostBooks aimed to differentiate itself from industry leaders, including QuickBooks and Xero , by emphasizing its focus on automation.

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Accountants Reveal Small Businesses’ Biggest Financial Mistakes

PYMNTS

14) said Intuit’s report found a lack of proper record-keeping landed at the top spot of the list of the biggest frustrations for small businessesaccountants, with nearly three-quarters of professionals surveyed saying this was the most common problem they saw. Reports Thursday (Sept.

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MYOB Preps For Single-Touch Payroll Ahead Of KKR Takeover

PYMNTS

Intuit, which owns QuickBooks , also revealed plans to roll out its STP-compliant solution for smaller businesses, while Reckon will roll out a payroll-only STP software offering or an STP-compliant accounting software solution that includes more features for companies.

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Overcoming The Pre-Accounting Hurdle Of Data

PYMNTS

In a recent conversation with PYMNTS, Receipt Bank CEO Adrian Blair explained that this predicament is a massive opportunity for an emerging field of the small business accounting arena: the pre-accounting phase. He offered the example of a small business that has purchased an automobile. .

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Right Networks Eyes SMB App Connectivity With Propelware Acquisition

PYMNTS

Propelware owns Autofy , a solution that connects other customer relationship management (CRM) and eCommerce apps to small business financial management platforms like QuickBooks and QuickBooks Online. In a press release issued on Tuesday (Dec.

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Paper Financial Records Raises Corporate Security Risks, Clutch Warns

PYMNTS

One-quarter of small businesses continue to record financial data on paper instead of keeping digital records, according to a new survey by Clutch, a B2B ratings and reviews firm, and the tactic is exposing these companies to security risks. Of those companies, 74 percent say they use Quickbooks.

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Intuit Secures Bitcoin Payment Patent

PYMNTS

Intuit describes several use cases of the technology, including for business-to-business transactions. Intuit, which operates the business accounting software tool QuickBooks, has also been focusing on its payments service since launching Intuit Payments several years ago.