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Employment Hero acquisition enables world’s first fully automated payroll solution

Accounting Insight

Global employment management and payroll platform, Employment Hero, has announced the acquisition of Employment Innovations, one of the largest managed payroll providers in the world. They can be completed with full visibility with dedicated payroll experts on-hand to handle everything, ensuring compliance and accuracy.

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Smaller payroll firms risk being left behind by automation

Accounting Insight

New research from people management and payroll platform Employment Hero shows smaller payroll providers in the UK risk being left behind thanks to a distrust of AI and automation. And many did not see the prospect of automation as massively appealing. The reality couldn’t be more different.

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FreshBooks Adds Payroll into Bookkeeping Solution Via Partnership with Gusto

CPA Practice

FreshBooks , a maker of cloud-based accounting software for small businesses and accountants, is expanding its suite of services with the launch of FreshBooks Payroll. This is an integrated payroll solution for U.S. based customers, leveraging Gusto’s top-of-the-line payroll technology.

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Business Owners Are Poised to Invest More in Technology

CPA Practice

Small- and medium-sized businesses (SMBs) are looking to invest $10,000 more in their suite of technology solutions this year than they were in 2022, a new study finds. SMBs are already planning to up their spend on AI-based technology. This is true not just for business owners, but for accountants too,” said Shimamoto.

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Invoice Automation: What you need to know.

Airbase

Invoice automation is the process of automating the creation, management, and processing of invoices. The goal of invoice automation is to streamline and automate the invoice process, reducing the time and resources required to manage invoices manually. Benefits of invoice automation. Reduced errors. Cost savings.

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Payroll Pain: 3 quarters of UK pay runs taking longer than a day

Accounting Insight

New research from people management platform Employment Hero shows UK payroll providers are struggling for days to deliver each pay run, as messy data and inefficient processes slow them down. British payroll providers cited an array of challenges largely relating to data errors and complex legislation.

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Study: Team integration, automation and client education top list of accounting industry challenges in the UK

Accounting Insight

A study by digital pension platform Penfold and Kaizen Accountancy Services has revealed that team integration, automation and client education are the top three challenges accountants face today. Automation solutions Managing benefits, deductions, and employee queries can be overwhelming – especially for start-ups with small teams.