Latest episodes
2023: that’s a wrap. Intelligent Automation with Bots For That & which 2024 accounting event are you bedding, buying or binning??!
End of the year and that’s a wrap for 2023. We end on the same note as we started with AI, or as Daniel Lawrence of Bots For That puts it, ”Intelligent Automation”. Have you considered RPA or using AI of manual tasks such as bank reconciliation rather than hiring? Well this tidy interview gives you an idea of how other accounting firms are using intelligent automation in their processes. Seems like a fitting end to the year that has been all things AI. And in app news this week: FreeAgent and smart capture - https://www.freeagent.com/blog/introducing-smart-capture/ FreeAgent for landlords - https://www.freeagent.com/blog/freeagent-for-landlords/ Fresh Books board changes less the drama - https://www.freshbooks.com/blog/a-letter-from-freshbooks-founder-and-board-chair Iplicit’s exciting batch of releases 2023. Not to be missed - https://www.accountingweb.co.uk/community/industry-insights/new-iplicit-functionality-of-2023-round-up TaxCalc handles FRS102s to LLPs - https://www.accountingweb.co.uk/tech/accounting-software/taxcalc-expands-frs-102-capabilities-to-llps Know-IT new App - https://know-it.co.uk/blog/automated-credit-control-platform-know-it-goes-mobile-with-a-brand-new-app/ Excel changes - hold on to your seats - Groupby & Pivotby - https://www.linkedin.com/posts/davebenaim_excel-activity-7130466435788595201-mTfN?utm_source=share&utm_medium=member_ios Spotlight Sustain and advancements in ESG accounting - https://www.spotlightsustain.com/?utm_content=272732482&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2431406 Payhawk launches PO - https://www.finextra.com/pressarticle/98856/payhawk-launches-purchase-order-system German B2B e-invoicing delay - https://ffnews.com/newsarticle/funding/uk-sme-payments-fintech-crezco-raises-12m-announces-its-technology-partnership-enabling-a-new-xero-feature/ Caution on the digital pound - https://www.bbc.co.uk/news/technology-67590468 Finally BED, BUY or BIN for accounting events - what is coming up in the next few months. We cover the events we’re putting in the bed, buying or binning off. Caveat - we’re signed up to all of them including the inaugural FAB event run by Accounting Web in Birmingham this year.
What’s Appening With Sage / QBO / Xero? Meet Transluscent by ex-Dext Founder Michael Wood
Latest app news covering the numerous software and business updates, this week we feature: Sage results - https://www.sage.com/investors/investor-downloads/press-releases/2023/11/full-year-2023-results-22-november-2023/ Xero results - https://www.linkedin.com/posts/kirstygodfreybilly_today-we-reported-xeros-half-year-earnings-activity-7128196997060198400-4wJ1?utm_source=share&utm_medium=member_ios Xero beautiful business fund winners - https://www.xero.com/blog/2023/11/beautiful-business-fund-winners-2023/ Xero HQ – tax manager - https://www.xero.com/blog/2023/11/new-tax-manager-in-xero-hq/ XERO AWS link - https://devblog.xero.com/were-collaborating-with-aws-to-help-small-businesses-digitise-9d98275203de?source=rss----ed4d3abf1c21---4 Xero automated sales tax US - https://insightfulaccountant.com/accounting-tech/general-ledger/xero-introduces-new-automated-sales-tax/ Xero Pay - https://blog.xero.com/product-updates/pay-bills-without-leaving-xero/ Xero e-invoicing - https://blog.xero.com/product-updates/introducing-einvoicing-in-the-uk/ Sage CTO AI vision - https://www.accountingweb.co.uk/tech/accounting-software/sage-cto-spells-out-ai-accounting-vision Sage Intacct releases - https://insightfulaccountant.com/accounting-tech/vendor-news/new-sage-intacct-features/ QuickBooks Inventory - https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-inventory-sales-and-e-commerce-enhancements/ QBO trade gecko fearures - https://insightfulaccountant.com/podcastsvideo/quickbooks-sales-orders/ QB ledger - https://insightfulaccountant.com/podcastsvideo/quickbooks-ledger/ QB payroll & HR announcements - https://insightfulaccountant.com/accounting-tech/payroll-merchant-services/other-quickbooks-payroll-and-hr-enhancements/ QB closing Mint - https://insightfulaccountant.com/in-the-news/people-and-business/mint-app-to-end-january-1-2024/ Intuit new prod launches QBC - https://insightfulaccountant.com/accounting-tech/vendor-news/intuit-quickbooks-unveils-new-product-innovations/ Followed by a sneak peek into Michael Woods’ latest venture, Transluscent, backed by an all-star line league of accounting tech veterans. If you like this episode and haven’t reviewed us yet, don’t forget to take 2 minutes to write us one. Thanks!
Payroll Software - who do we bed, buy, bin? From Coconut to Oak North - joined by Sam O’Connor
In this episode John spends some time with Sam O’Connor, GM at Oak North and ex-Co-Founder of Coconut, for a post mortem on the exit of Coconut. As most will recall Coconut exited earlier this year to GoSimpleTax - thanks to a delayed MTD for ITSA. But we hear all about how Oak North, one of the fast growth and profitable Banks in the UK is working with Accountants in the UK. Followed by a bed, bin and buy session with John and Ryan on payroll bureau softwares. That’s right, we tell you who we would get into bed with, buy or bin it. We return next week with a bumper app news - but if you need your fix sooner - subscribe to app news on the all new Digital Disruptors website.
Alex Von Schirmeister, Xero’s EMEA MD, talks all things small business + App News
In this episode we’re joined by Alex Von Schirmeister, Xero’s EMEA MD, who talks all things small business fresh off the back of the Small Business Accounting Report released by Xero earlier this month. Hear about the work being done by Xero in Number 10 on rooting out late payments aka unapproved debt as well as news on the big priorities in Xero right now. In app news this week: Gravity AI software - Revolutionizing Accounts Payable Automation: Gravity Software Unveils Cutting-Edge AI Technology Powered by Microsoft’s Cognitive Services AI Engine - insightfulaccountant.com NetSuite AI - https://www.blakeoliver.com/blog/evan-goldberg-talks-netsuite-new-ai-features-at-suiteworld-2023 Hindsight gone - https://www.hindsightapp.com/goodbye/ Comma gone - The Future of the Comma App. Weavr acquired Comma in March this year… | by Adam Harrison | Sep, 2023 | Comma Payments (usecomma.com) Sage free software - https://www.businessage.com/post/sage-launches-first-free-accounting-solution-for-sole-traders QBO COA template - https://insightfulaccountant.com/accounting-tech/general-ledger/new-qbo-accountant-coa-template-feature/ QBO e-commerce capabilities - https://insightfulaccountant.com/accounting-tech/general-ledger/intuit-announces-new-e-commerce-capabilities-for-quickbooks/ https://investors.intuit.com/news/news-details/2023/Intuit-QuickBooks-Introduces-Integrated-E-Commerce-Management-for-Product-Based-Businesses-Using-QuickBooks-Online/default.aspx Fathom custom terminology - https://support.fathomhq.com/en/articles/8487105-custom-terminology FreeAgent wins friendliest software - https://www.freeagent.com/blog/freeagent-named-friendliest-software-2023/ Freeagent amazon integration - https://www.freeagent.com/features/amazon-seller/ Enhanced tax calculator for Mettle - https://www.accountingweb.co.uk/tech/accounting-software/enhanced-tax-calculator-for-mettle-and-freeagent-users Xero updates – Tweaked reporting for more cusotmisation. Smooth transition from old reports? Powered up the contacts screen – greater links to XPM (new focus) Xero awards judges - https://www.xero.com/blog/2023/11/xero-awards-uk-2024-judges/ Iplicit linked to thousands of apps – iPaaS - https://www.accountingweb.co.uk/community/industry-insights/iplicit-is-now-easily-linked-with-thousands-of-other-applications-thanks Apron new feature - any of approvals - https://www.accountingweb.co.uk/community/industry-insights/new-feature-any-of-approvals RQ advisory for accounting - https://www.accountingweb.co.uk/tech/tech-pulse/rq-aims-to-unlock-advisory-income-for-accounting-firms Capium launches AML - https://www.accountingweb.co.uk/tech/accounting-software/capium-enhances-aml-offering-and-updates-charity-tools Xero new app – Greenly - https://www.prnewswire.com/news-releases/greenly-joins-xero-app-store-brings-revolutionary-carbon-accounting-app-to-wider-audience-301965695.html
Pod Collab’s: Alex Falcon on Practice life from down under, Aaron Patrick+Johan Goree on all things QBO
A very juicy episode - in just over an hour we cover app news, the latest from QuickBooks conference and a pod collab with Aaron Patrick and Johan Goree, as well as a hop over to the other side of the world to join Alex Falcon from Soaring Falcon on her latest Practice priorities. Kicking off with Damon from Employment Hero on whether how real time reporting is delivering impact right across the industry. In app news this week: Glen foster to Dext - https://www.linkedin.com/posts/glenfoster1_bebrave-beexceptional-betogether-activity-7115691612726272001-xWj1?utm_source=share&utm_medium=member_ios Bright appoints new CEO https://www.accountingweb.co.uk/tech/accounting-software/bright-appoints-stephen-murdoch-as-new-ceo Xero AI powered contact predictions https://www.xero.com/blog/2023/10/new-ai-powered-contact-predictions/ Xero single client record - https://www.xero.com/blog/2023/10/single-client-record-is-coming/ Sage new releases https://www.linkedin.com/posts/chris-downing_feel-like-software-update-webinars-are-a-activity-7118128655003742208-Yqlv?utm_source=share&utm_medium=member_ios QBO - roadshow Ignition new features - https://www.ignitionapp.com/news/ignition-unveils-latest-innovations-to-enable-accountants-and-professional-services-to-maximize-revenue Nook brings in multi step approvals Confirmation.com new UX Visma deal for Silverfin €300m https://www.accountingweb.co.uk/tech/accounting-software/visma-snaps-up-silverfin-in-eu300m-deal Googles makes passkeys default - https://techcrunch.com/2023/10/10/google-makes-passkeys-the-default-sign-in-method-for-all-users/ France to roll out e-invoicing 2026 - https://www.accountingweb.co.uk/business/finance-strategy/france-sets-the-ball-rolling-on-e-invoicing
S3 E4 - Will Farnell & The Human Firm, Damon Anderson on data security & a bucket load of the latest app news
In this episode we’re joining Damon Anderson to talk data security in payroll tech. Followed by a flashback interview with Will Farnell post the launch of his book The Human Firm earlier this year - we talk tribalism, kindness and commercialising accounting. App News this week has run a little off schedule but in this week we cover a range of topics from the 40 minute mark: TOD – Copilot launches - https://www.accountingweb.co.uk/tech/tech-pulse/tod-copilot-aims-to-reduce-ai-risks-for-tax-firms Firmcheck launches in UK - https://www.accountingweb.co.uk/tech/practice-software/firmcheck-launches-into-the-aml-software-market Mayday new features - https://www.accountingweb.co.uk/tech/accounting-software/mayday-adds-bank-reconciliation-and-loan-balance-functions QBO Intuit assist – firs tlook - https://intuitiveaccountant.com/accounting-tech/general-ledger/qbo-monday-minute-quickbooks-online-intuit-assist/ QuickBooks money launched - Intuit Launches Subscription-Free Quickbooks Money (financemagnates.com) QuickBooks PM live - https://www.accountingweb.co.uk/tech/practice-software/quickbooks-practice-manager-tool-goes-live End of Pay with Wise in Xero https://central.xero.com/s/article/Set-up-Pay-with-Wise Modulr integration to Xero Modulr makes paying bills simple, secure and automated with Xero - London Business News | Londonlovesbusiness.com Xero AI driven support starts to roll out in the UK – answers rather than links Xero API – bulk connections - https://devblog.xero.com/streamline-your-onboarding-with-xero-bulk-connections-d39c1a65ee8?source=rss----ed4d3abf1c21---4 Xero support now calls you Swoop partner sage Apron feature – remtance advice - New feature: remittance advice | AccountingWEB Apron lands £12m funding - https://www.accountingweb.co.uk/tech/tech-pulse/apron-lands-ps12m-funding-and-launches-client-hub Visma acquires silverfin - https://www.visma.com/news/visma-strengthens-position-as-europes-cloud-accounting-champion-with-acquisition-of-silverfin Iwoca live on shopify - https://www.linkedin.com/posts/iwoca_iwocapay-is-now-live-on-shopify-now-you-activity-7110578426335371265-jKaI?utm_source=share&utm_medium=member_android Capitalise credit risk tool - https://www.accountingweb.co.uk/tech/tech-pulse/capitalise-boosts-functionality-with-credit-risk-tool Plan A carbon accounting app raises $27m https://techcrunch.com/2023/09/19/plan-a-carbon-accounting/ MTD agent authorisation is changing – had to add can no longer copy- Agent VAT authorisation is changing | AccountingWEB
S3 Episode 3 - Heather Smith Disrupts! App News Latest
Seems only fitting Heather Smith joins us for the introduction of our new network, the Digital Disruptors, to talk about the value of networks, introverts and peer learning opportunities. What networks are you part of? Do you have a unique perspective to share? Come and join our Digital Disruptors network. In this week’s app news: Intuit posts great results - https://intuitiveaccountant.com/in-the-news/people-and-business/intuit-reports-strong-fourth-quarter-and-full-year-results/ Xero publishes its industry performance report Stuart Hurst’s 4 day working week success – Accounts and Legal - https://www.linkedin.com/posts/stuart-hurst-cloud_friday-work-staff-activity-7100846229986717696-i_lz?utm_source=share&utm_medium=member_ios Phoenix from the ashes - Reducer is back Snap! Waddle rises again too - https://thepaypers.com/online-mobile-banking/cbas-acquisition-of-waddle-strengthens-[…]=email&utm_campaign=Daily+2023-09-07+Daily-Newsletter-Banking FYIs largest ever release - https://www.linkedin.com/posts/cameronrobert_exciting-news-fyi-is-launching-a-new-activity-7102110524343013377-Rp1U?utm_source=share&utm_medium=member_android Syft – multiple releases GoProposal in AML - https://www.accountingweb.co.uk/tech/practice-software/goproposal-enters-the-aml-arena Intuit launches AI powered assistant - https://techcrunch.com/2023/09/06/intuit-assist-generative-ai-assistant/ & https://intuitiveaccountant.com/in-the-news/people-and-business/meet-intuit-assist/ Dextension - https://info.dext.com/dextension Restore signs £140 deal with HMRC for digital comms - https://www.accountancydaily.co/restore-signs-ps140m-digital-communication-deal-hmrc Freshpay in Xero app store - https://x.com/xeroapi/status/1700026367226622417?s=12&t=P8Y4JmhL4HglZr3bauCj4Q Wunderbuild in app store - https://x.com/xeroapi/status/1699965915968720896?s=12&t=P8Y4JmhL4HglZr3bauCj4Q Setyl on Appstore - https://x.com/xeroapi/status/1700992688550809761?s=12&t=P8Y4JmhL4HglZr3bauCj4Q Advancetrack win battle with GI Outsourcing - E-Accounting Solutions Ltd t/as AdvanceTrack v Global Infosys Ltd t/as GI Outsourcing
Season 3 Episode 2: Throwback to John taking the piste, latest app news, what will Jonny Gaunt do next?
We are rolling on with episode 2. In this episode we throw back to the time where John was incapacitated and locked in a Flinder chalet - left to his own devices he pondered life’s big questions... and mainly what John Gaunt would do next post his exit from Dext. Joined by some friendly faces, Alex Bond Burnett, Pamela Phillips, Luke Streeter and Dave Sellick. Damon from Employment Hero gives us another 5 minute dose of the benefits of integrated HR, payroll and AI. We also cover in app news: Xero launch beautiful business fund – financial awards for small businesses - deadline in a month - Xero unveils new AI tools, $690,000 Beautiful Business Fund (smartcompany.com.au) , https://www.intuitiveaccountant.com/accounting-tech/vendor-news/xero-beautiful-business-fund-submissions-now-open/ Xero product announcements Sydney 2023 - Product wrap from Xerocon Sydney 2023 | Xero Blog Xero sneak peek at inventory upgrade from US roadshow - US Roadshow Accelerate: Xero brings the product announcements (and the noise) | Xero Blog QBO fixed asset module (US) - Whats New in QBO: Fixed Asset Management in QBO Advanced - insightfulaccountant.com (intuitiveaccountant.com) Apron raises $5.5m in funding round, available for charities and launches confirmation of payee Say hello to Apron: the powerful payment platform that’s raised $5.5M in funding | AccountingWEB New feature: charities are now welcome on Apron | AccountingWEB It’s a match! New feature: Confirmation of Payee | AccountingWEB Silverfin goes live AI assistant - Silverfin boots up AI assistant | AccountingWEB FreeAgent using AI - How FreeAgent uses AI | AccountingWEB Firmcheck (formerly connectworks) hire Kevin Lord – Head of Sales at Freeagent and Chaser Translucent accounting raises £5m seed round - Translucent Accounting Platform Raises £5M Seed-round - insightfulaccountant.com (intuitiveaccountant.com) Reflow added to Xero app store – field management for construction, highway management etc – now over 1,500 apps on the xero app store worldwide and over 20,000 that connect via the API (thanks to heather smith for that insight)- XeroAPI on X: ”Welcome to the UK @Xero App Store, @reflow247! Re-flow’s field management software for construction, highway management, civil engineering, rail and landscaping helps firms & industry heavyweights M.V. Kelly, Colas & BMI, reach the next level. Details: https://t.co/BlWLcvOdOd https://t.co/gijCpcp2Hl” / X (twitter.com) Empowered by cloud – Laura Taylor construction focussed accountancy firm trial 4 day working week, reverted after 4 weeks(2) Post | LinkedIn Incompetent accountant - Incompetent accountant showed no grasp of CGT | AccountingWEB IRS set to go paperless by 2025 - IRS Set to Go Paperless by 2025 - insightfulaccountant.com (intuitiveaccountant.com) ICAEW launch enquiry into gaps in HMRC digital journey - Gaps persist in HMRC’s digital service journey | AccountingWEB
Back for good! Rolling with Season 3
It’s Season 3 and we’re all set for another season with our new editor in tow, thanks to Leigh at Nomad Video. In this episode we cover app news, the big pricing debate and an intro to Damon from Employment Hero. In app news this week: Xero and Dext price increases (also Sage) - Dext pricing change from today | AccountingWEB Fathom – budget release – Adding Budgets for Divisions | Fathom Help Centre (fathomhq.com) ApprovalMax or Cin7 Core - (1) New Messages! (approvalmax.com) QBO aligned navigation - QuickBooks Online Navigation Revisions Coming Soon - insightfulaccountant.com (intuitiveaccountant.com) Intuit pulls QuickBooks from France - Intuit is ’Turning Out the Lights’ in France - insightfulaccountant.com (intuitiveaccountant.com) QuickBooks workforce App - New QuickBooks Workforce App Goes International - insightfulaccountant.com (intuitiveaccountant.com) Bright launches proposal software (Bright Propose) - Bright launches new proposal software tool | AccountingWEB FYI sharepoint integration - FYI Software brings greater collaboration with SharePoint integration | AccountingWEB UK government considers open banking through gov.co.uk Pay Interested in joining us for an episode? Or joining our network? Get in touch.