PYMNTS

JANUARY 16, 2019

Small business (SMB) cloud solutions provider Sage is refocusing away from payroll as it divested its U.S. Sage’s payroll outsourcing unit in the U.S. assets for $100.3 million, Reuters reported on Tuesday (Jan. posted a $1.28 million loss last year, reports noted. will acquire the assets.

payroll 53

payroll small business accounting audit business accounting 53

PYMNTS

DECEMBER 10, 2019

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.

Account 52

Account accountant accounted B2B 52

CPA Practice

FEBRUARY 1, 2024

The primary focus for small business owners in 2024 is generating more revenue, with many small businesses wanting to add to their payrolls. You can also advise them in finding savings, whether through restructuring the business, minimizing tax liability, or other creative solutions. #2:

E-commerce 64

E-commerce quickbooks tax return payroll 64

PYMNTS

APRIL 4, 2019

Most notably, Australia’s introduction of Single Touch Payroll (STP) mandates has prompted MYOB and other industry players to upgrade their services to promote tax compliance for corporate users. Amid the new requirements, Australia’s small business accounting technology market continues its own market shifts.

payroll 51

payroll accounting software small business accounting quickbooks 51

PYMNTS

MAY 3, 2020

Errez said the company’s goals are to continue making payments infrastructures faster and more streamlined in line with businesses’ needs. And although the service isn’t universal for the U.S. yet, the trend is catching on, with innovators working on more cloud-based payment services to challenge the traditional norms of how payments flow.

business accounting 69

business accounting Account accountant accounted 69

PYMNTS

MARCH 7, 2018

based B2B FinTech, has raised $40 million in venture capital, according to TechCrunch reports on Tuesday (March 6). The company offers an all-in-one suite of human resources solutions, including payroll and employee management. Justworks , a U.S.-based

payroll 40

payroll Legal small business accounting B2B 40

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 40

B2B accounting and finance E-commerce payroll 40

PYMNTS

SEPTEMBER 1, 2017

This week’s B2B venture capital activity led to an impressive $141.2 million in total funding across nine rounds, with startups ranging from corporate travel and expense (T&E) management and small- and mid-sized business (SMB) accounting to artificial intelligence and beyond. Cross-Border B2B Payments.

B2B 54

B2B Expense Management Travel Expense Management small business accounting 54

PYMNTS

JULY 23, 2018

Xero has announced that Gusto will be the preferred payroll provider for its small business and accountant customers in the U.S. The partnership will allow Xero to deliver full-service payroll in all 50 U.S. By joining forces, we can help more small businesses and accountants find long-term success.”.

payroll 40

payroll payroll tax Account accountant 40

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 PYMNTS breaks down the latest VC investments below.

accounting and finance 52

accounting and finance small business accounting B2B payroll 52

PYMNTS

FEBRUARY 27, 2018

For franchise owners, financial data isn’t just stored across systems; it’s stored across various business locations, making financial analysis even more difficult. Between payroll, rent and more, there’s a lot to keep track of. And, more importantly, where that cash is going to be in the future.”.

B2B 40

B2B Technology payroll bookkeeping 40

PYMNTS

AUGUST 1, 2018

Two small business FinTech startups announced Tuesday (July 31) that they have secured big venture capital funding rounds this week. payroll startup Gusto announced $140 million in Series C funding provided by late-stage investors. Gusto provides small and mid-sized businesses with payroll and human resources technology.

B2B 40

B2B payroll accounting and finance small business accounting 40

PYMNTS

DECEMBER 1, 2019

Small business accountants have said they are now forced to manually transfer data between payroll and human resources solution providers Gusto and Zenefits after the two companies abruptly ended their application programming interface (API) integration, AccountingToday reported.

payroll 81

payroll small business accounting Tax business accounting 81

PYMNTS

NOVEMBER 16, 2018

Mastercard and Australia-based small business accounting platform MYOB are collaborating to streamline vendor payments and payroll. For payroll, MYOB users add their employee bank account data to the platform. In a press release on Thursday (Nov.

Technology 54

Technology payroll accounting software B2B 54

PYMNTS

OCTOBER 29, 2019

The Clearing House ’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s But RTP isn’t the only novel network to gain traction in the small business in corporate realm. Australia’s NPP Eyes Small Business Finserv.

B2B 40

B2B payroll small business accounting accounting software 40

PYMNTS

JANUARY 23, 2019

Their collaboration links Bitty to Visa Direct functionality, allowing it to brand virtual and physical prepaid and debit cards linked to a business account. Even so, last month New York Attorney General Barbara Underwood opened an investigation into the SMB lending market with a particular eye on merchant cash advance players.

B2B 65

B2B New York accounting and finance payroll 65

PYMNTS

OCTOBER 26, 2018

With only a few million dollars in combined investments, this week certainly wasn’t the most lucrative for B2B FinTech firms, but the variety and global reach of recent SMB FinTech investments offers a bright spot in an otherwise quiet moment for B2B venture capital. Reports did not reveal exactly how much of the $1.1 GreenSlate.

accounting and finance 77

accounting and finance B2B Technology Entertainment 77

PYMNTS

JANUARY 25, 2019

Last month, for instance, QuickBooks struck a partnership with Paychex to automatically integrate payroll data via the “Link and Sync” solution. Last year, the firm partnered with payroll provider Gusto , then Everlance to integrate fleet mileage and expense tracking into the accounting platform.

quickbooks 69

quickbooks Account accountant accounted 69

PYMNTS

AUGUST 27, 2019

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

cpas 60

cpas CPA Technology accounting standards 60

PYMNTS

AUGUST 23, 2019

Payroll provider OnPay is collaborating with accounting software company Xero to bring back-office services to the agricultural industry, Accounting Today reported on Wednesday (Aug. that already use Xero for payroll, HR and benefits, will find additional benefits and easier bookkeeping with the Xero-OnPay collaboration.

Agriculture 45

Agriculture payroll payroll tax accounting and finance 45

PYMNTS

MAY 12, 2020

The DoJ accuses the individuals of making false statements in their applications and reporting inflated payroll volumes. ” The onboarding process is a prime moment to catch potentially fraudulent activity, including misinformation on applications, like the alleged inflation of payroll figures seen in the DOJ’s New England case.

payroll 61

payroll Technology business accounting Account 61

PYMNTS

APRIL 30, 2019

These cases include individuals and family offices with business-sized needs, with business-sized challenges in accounts payable, expense management and payroll. “From a liability standpoint,” she said, “you have the same labor laws that apply to household employees as regular businesses.

Finance 61

Finance accounts payable payroll accounting and finance 61

PYMNTS

JULY 29, 2020

. “QuickBooks Cash delivers what current business accounts don’t — a banking experience that enables small businesses to accept payments, pay teams and vendors — with automatic reconciliation for easy financial management.”

quickbooks 60

quickbooks accounting and finance payroll Finance 60

PYMNTS

MAY 6, 2020

Cloud business management firm Sage has announced new updates to its small business cloud accounting solution to help customers gain more insight into their accounting, payroll and HR data.

sage accounting 56

sage accounting Account accountant accounted 56

PYMNTS

FEBRUARY 13, 2019

Australian small business accounting company Reckon is shifting its competitive strategy against the industry’s top leaders, MYOB and Xero, reports in the Australian Financial Review said Tuesday (Feb. The company posted a 6 percent decline in 2018 revenue, though underlying profits increased for the full year.

Healthcare 53

Healthcare small business accounting accounting software payroll 53

PYMNTS

SEPTEMBER 3, 2019

1) that the company “is trying to wean itself off” of relying on offline accounting services as the cloud continues to disrupt the corporate and small business accounting market. The Sunday Times reported Sunday (Sept. Though Sage is now one of the U.K.’s Though Sage is now one of the U.K.’s

small business accounting 43

small business accounting quickbooks payroll business accounting 43

PYMNTS

MAY 16, 2018

Small business accounting company MYOB is introducing another way for businesses to get paid through a new partnership with BPAY , reports in Mozo said this week. MYOB, meanwhile, has recently expanded its footprint: last year the company announced a deal to acquire half of fellow small business accounting company Reckon.

small business accounting 40

small business accounting Bill Payment Systems payroll business accounting 40

PYMNTS

JUNE 7, 2018

.” Arro charges sole traders a monthly fee for its account service, which includes cross-border transaction capabilities. The challenger bank first launched its small business account service late last year following a Series A fundraiser. ”

Account 53

Account accountant accounted small business accounting 53

PYMNTS

JANUARY 8, 2021

B2B FinTech startups have stepped into 2021 with a bang, as industry players raised more than $910 million in combined funding. And thanks to several nine-figure investment deals, BaaS, expense management, payroll and B2B eCommerce are now in the spotlight. Zerone Microsystems Private Limited. million funding round for the firm.

B2B 81

B2B Technology payroll accounting and finance 81

PYMNTS

FEBRUARY 20, 2019

Positioning themselves at the center of small business accounting innovation, the CPA.com and AICPA recently sponsored their second annual startup accelerator , choosing three startups in the SMB accounting market that address particular pain points through technology. .

Account 76

Account accountant accounted Technology 76

PYMNTS

OCTOBER 6, 2016

The senator said that discussions between congressional staff members and the bank have indicated that small businesses — as many as 10,000 of them, according to an unnamed source cited by the newswire — were victimized by the fraud. Wells Fargo agreed to pay a $190 million settlement over the practices and also fired 5,300 employees.

Account 60

Account accountant accounted small business accounting 60

PYMNTS

SEPTEMBER 21, 2017

Gappify is the latest company to roll out business accounting-related chatbot technology. 20) that it has launched Alan, chatbot technology designed to assist business accountants. The company announced news on Wednesday (Sept.

corporate accounting 45

corporate accounting Technology Account accountant 45

PYMNTS

JUNE 30, 2017

In addition to the expansion of Pegg and added capabilities, Sage also announced the launch of the Sage Serving Heroes Program, led by Sage Canada and the Sage Foundation, to provide business support to veterans competing on Team Canada at the Invictus Games, held later this year in Toronto.

sage accounting 57

sage accounting Account accountant accounted 57

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 41

Account accountant accounted small business accounting 41

PYMNTS

NOVEMBER 20, 2018

Banking technology provider Cashplus is introducing a new application program interface (API) designed to allow small and medium-sized businesses (SMBs) to make mass payments to their vendors simultaneously. A press release Monday (Nov. 19) said Cashplus, based in the U.K.,

Technology 43

Technology small business accounting payroll Account 43

PYMNTS

SEPTEMBER 8, 2017

Weeks after reports surfaced that some small business accounts at HSBC had been frozen, a result of the FI revamping anti-money laundering (AML) crackdowns, HSBC has said it is compensating some of the businesses affected. small businesses, according to unnamed sources. Published by Reuters on Thursday (Sept.

Account 49

Account accountant accounted small business accounting 49

PYMNTS

OCTOBER 24, 2018

targeting small businesses, said challengers’ lack of traction with SMBs largely comes down to small business owners’ lack of time and awareness. “Challenger banks are a relatively recent introduction, and many of them launched personal products before business accounts,” he told PYMNTS.

Technology 61

Technology payroll Entertainment accounting and finance 61