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Xero to acquire Melio: A payments game-changer for small businesses across the US

Xero

That’s why we’re incredibly excited to share that Xero today announced its plans to acquire Melio, a leading SMB bill pay platform designed specifically for small businesses, accountants and bookkeepers in the US.

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Xero Beautiful Business Fund: Meet our global judges

Xero

The application period for the Xero Beautiful Business Fund will be wrapping up a few short weeks! To help us select the winners of the 2023 Xero Beautiful Business Fund, we’ve lined up a stellar list of regional and global judges. The judges represent small businesses, accountants and bookkeepers and Xero’s global partners.

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UK online bill payments are going global

Xero

The visibility of whats going out helps to complete an accurate financial picture for your business. Yet we know small businesses, accountants and bookkeepers face friction when it comes to paying bills, in fact over half of small businesses are spending more than four hours each month managing accounts payable.

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Meet five apps creating new ways to do business in 2022

Xero

Clarity: Bringing high-level advisory services to small businesses. Clarity is another app designed to help accountants help small businesses. Accounting advisory services have long been bespoke, expensive, and difficult to resource. It makes identifying trends and insights simple.

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HSBC Begins Payouts For SMBs Affected By Frozen Accounts

PYMNTS

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.

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Reckon Snubs The Banks With Prospa SME Loan Deal

PYMNTS

Small business accounting firm Reckon wants to help its SMEs access financing — without having to go to the bank. To do so, the company is rolling out Reckon Loans , a new way for its customers to access funding.

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AI Systems Take Center Stage in 2023 Innovation Awards

CPA Practice

From the advent of first-to-market generative AI systems like ChatGPT, to highly specialized, accounting-focused systems, proponents of AI are fervent in their belief that the technologies will dramatically improve client services, firm management, small business accounting and many other areas of operations.