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KPMG To Shutter UK Small Business Accounting Unit

PYMNTS

According to the publication, KPMG’s Small Business Accounting (SBA) service, which launched in 2014, will be closed in the U.K. In a statement, a KPMG spokesperson confirmed that the company is “proposing to withdraw the provision of our Small Business Accounting (SBA) service in the U.K.,

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Appletree Business Services Awarded 2023 Clutch Global and Clutch Champion Awards

Steve Feinberg

At Appletree Business Services, everything we do is for our clients—from bookkeeping to payroll and more. That’s why we’re proud to announce that Appletree is the recipient of the Clutch Global and Clutch Champion awards for 2023 in recognition of our commitment to excellence in the small business accounting services field.

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Small Biz FinTech Leads Week’s B2B Funding Roundup

PYMNTS

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. ScaleFactor.

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Telleroo Integrates B2B Payments Function For SMB Accountants

PYMNTS

based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for accountants and bookkeepers. Telleroo , a U.K.-based In a press release issued Tuesday (Dec.

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B2B FinTechs Get Creative With Enterprise Data

PYMNTS

This week’s B2B FinTech venture capital roundup is all about data, and, as investors showed, there’s more than one way to offer data services for the enterprise. In total, B2B startups raised more than $144 million this week — and the majority of that went to businesses targeting enterprise data in some way.

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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

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.

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Data Hurdles Keep Accountants From Elevating Their Role

PYMNTS

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. ” Supporting an Accounting Shift.

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