PYMNTS

DECEMBER 11, 2017

But it is altering the profession, with more small businesses seeking advisory services from their accountants and bookkeepers. These same demands are now weighing on the accountants that service small firms as well. At Xero, it’s our mission to equip all accountants and bookkeepers in the U.S. 61 percent of U.S.

Accounting 42

Accounting Benchmarking Accounts Payable CFO 42

PYMNTS

JUNE 26, 2020

“Accountants and bookkeepers are telling us demand for business advisory services has increased dramatically in the wake of the pandemic,” he recently told PYMNTS. Today, the future of many small businesses remains uncertain, rendering accountants’ advisory services even more valuable.

Accounting 52

Accounting Cash Flow Forecasting Invoicing Prioritization 52

PYMNTS

NOVEMBER 16, 2018

The company connects accountants, bookkeepers and small businesses to tax authorities to maintain compliance. Financial Conduct Authority (FCA) to operate as an account information services provider. Cloud accounting software firm Xero is broadening its reach in the small business tax filing space through an acquisition of Instafile.

Compliance 59

Compliance Accounting Marketing B2B 59

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. In a press release issued Tuesday (Dec.

Accounting 52

Accounting B2B Accounts Payable Accounting Firms 52

PYMNTS

APRIL 9, 2018

When job search service Indeed.com released new data last year about the top professions being sought after by small business employers, the stats suggested something surprising. The company published its “ Accounting and Bookkeeping Industry Performance Report ” last week, surveying 939 accountancy practices in the U.K.

Accounting 49

Accounting Accounting Firms B2B Technology 49

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Numbers 61

Numbers Accounting CFO Financial Analysis 61

PYMNTS

MARCH 15, 2019

the small business accounting sector has seen even more evidence that the advisory role of SMB accountants remains of prominent importance. Andre Kattoura, head accountant at small business accounting and tax services firm AccuAlly , explained to PYMNTS the friction SMBs face when they don’t outsource the accounting function.

Accounting 77

Accounting Accounting Firms Auditing Budgeting 77

PYMNTS

DECEMBER 12, 2017

The company is integrating its electronic payment capabilities into Xero HQ, Xero’s service for accountants, so that these professionals can send and receive payments electronically and have transaction data automatically added into the Xero HQ platform. Paper checks for domestic suppliers, wire transfers for international ones.

Accounting 44

Accounting Cash Flow Forecasting B2B Invoicing 44

PYMNTS

DECEMBER 18, 2018

Instead of number-crunching, accountants — like other financial services (FinServ) providers — are now expected to provide their small business clients with advisory services and guidance. This means that in the SMB FinServ space, there is a significant market opportunity to target the accountant.

Accounting 53

Accounting Technology Finance Invoicing 53

PYMNTS

MAY 27, 2016

Look at headlines like The Wall Street Journal ‘s last year, “ The New Bookkeeper Is A Robot ,” or one just this month from CFO , “ The Robo-Accountants Are Coming ,” and corporate money managers expect the apocalypse of their careers. That’s what accounting, consulting and advisory firm BDO is doing.

Accounting 41

Accounting Corporate Finance B2B CFO 41

PYMNTS

MARCH 20, 2018

Indeed, small businesses say they are actually demanding more from their accountants and bookkeepers than ever before. These professionals appear to be stepping up to the plate, too, with 76 percent of accounting practices telling Xero last year that they expect to invest more resources into advisory services.

Accounting 47

Accounting Technology Risk Management Forecasting 47

PYMNTS

DECEMBER 11, 2017

That means upping mobile and online shopping experiences, offering a buy online pick up in-store model and launching services like curbside pickup and better shipping options. 165 million | Value of VC funding raised by luxury eTail brand Moda Operandi. 19,000 | Highest value that a single bitcoin has hit.

Benchmarking 40

Benchmarking Accounting Investments Retail 40

Future CFO

SEPTEMBER 21, 2020

For example, bots and cloud accounting solutions make it easier than ever for small business owners to manage their accounting and bookkeeping tasks with the efficiency that only their larger counterparts formerly enjoyed. So said Warren Buffet, billionaire, philanthropist, investor and business tycoon. Embracing new technology is key.

Accounting 52

Accounting Technology Mergers and Acquisitions (M&A) Leadership 52

PYMNTS

OCTOBER 8, 2018

The tool would target businesses’ inter-company transactions for streamlined payments, bookkeeping and reconciliation. Last year, the New York State Department of Financial Services (DFS) fined Pakistani bank Habib Bank nearly $630 million for non-compliance of state and federal U.S. Banking Tech reports on Monday (Oct.

B2B 51

B2B Reconciliations Compliance Treasury 51