Remove B2B Remove bookkeeping Remove corporate accounting
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B2B Finance As A Service Tops This Week’s VC List

PYMNTS

The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Augmentum Fintech announced its investment in Tide at the same time it revealed two other B2B FinTech targets.

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Data Hurdles Keep Accountants From Elevating Their Role

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This challenge exists for professionals across the back office, but in business accounting, the lack of data integration and accuracy mean finance experts are spending valuable time correcting information and moving numbers from one platform to another. ” Those are small data hiccups with the potential for damaging consequences.

Account 52
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Consero Global Lands $50M For Finance-As-A-Service

PYMNTS

The company offers businesses a cloud-based accounting and financial management platform, SIMPL, as well as outsourced bookkeeping, controller and CFO services. The company was one of several B2B FinTech startups this week to secure new funding. In all, more than $107 million was placed at startups in the U.S.,

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KPMG To Shutter UK Small Business Accounting Unit

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Corporate accounting and auditing firm KPMG is shuttering its small business services unit, reports in The Business Desk said Thursday (Feb. According to the publication, KPMG’s Small Business Accounting (SBA) service, which launched in 2014, will be closed in the U.K. will remain unaffected. will remain unaffected.

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Corporate Finance’s Interest In AI Doesn’t Lead To Adoption: Oracle

PYMNTS

However, the technology isn’t reserved for only the largest players in the markets: Small businesses (SMBs) and their accountants have emerged as key proponents of the tool, especially as anxieties wane over the possibility that AI could replace the need for human bookkeepers.

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How SME Accountants Can Compete With Software

PYMNTS

Like an aftereffect of a sci-fi film, the rise in automation within corporate financial teams has led to fears and anxiety: Will humans no longer be needed in the accounting department? Are the CFO and corporate treasurer becoming extinct? That’s what accounting, consulting and advisory firm BDO is doing.

Account 41
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Bill.com Gets Cozy With Accounting Apps

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Corporate bill pay solution Bill.com announced new integrations into corporate accounting platforms on Wednesday (July 27), while it also rolled out support for automated and mobile features. These integrations also expand to expense reporting software Tallie, the firm said.