Latest episodes
All things AP with Bogdan Uzbekov, CEO of Apron. Plus bumper app news
Apron, the AP accounting tech focusing on all things payable, has been on a mission for some big software releases since it burst onto the scene late last year post their Series raise. We catch up with Bogdan Uzbekov about his plans to service the accounting market and plans to go into banking, carding or lending. Hear more here. And this week in app news: Iplicit – 18th fastest growing UK business - https://www.ft.com/ft1000-2024?utm_content=284715055&utm_medium=social&utm_source=linkedin&hss_channel=lcp-10141131 Iplicit is best MAT tool – MAT awards - https://www.iplicit.com/blog/iplicit-secures-tech-company-of-the-year-accolade-at-na[…]tm_medium=social&utm_source=linkedin&hss_channel=lcp-10141131 Allica bank integrates with Sage and Xero - https://www.assetfinanceinternational.com/index.php/technology/technology-archive/technology-articles/23570-allica-bank-announces-integrations-with-sage-and-xero-accounting-platforms Coconut acquires MyPAYE https://www.accountingweb.co.uk/tech/accounting-software/coconut-owners-acquire-cloud-payroll-tool-mypaye Xero announces exciting payroll changes - migration made easy - https://blog.xero.com/product-updates/new-changes-in-xero-payroll-uk/ Capium releases new time and fees - https://www.accountingweb.co.uk/tech/practice-software/capium-releases-new-time-and-fees-tracking-module Zahara custom fields and payments Dext due dates extraction - https://www.linkedin.com/posts/stephenedginton_we-now-extract-due-dates-via-ai-dext-used-ugcPost-7170766424586588160-5sX3?utm_source=share&utm_medium=member_ios Nook app updates - payment run resolutions & ability to change scheduling dates on payments and rules & pre-warning of shortage of funds. Payments for payroll via the app! BBC AI taking grind out of accountancy https://www.bbc.co.uk/news/business-68553123
All things AUDIT! Intelligent Automation with Vidya Peters from Datasnipper
Join John while he interviews Vidya Peters on her time so far with Datasnipper. Ex-Marqeta COO, Vidya was appointed CEO of Datasnipper, an intelligent automation platform that recently raised $100 million in a Series B funding round at a valuation of $1 billion. John catches up with Vidya to find out the plan for growth in the UK and all things accounting. Also we find time with Vipul Sheth, CEO of AdvanceTrack, to talk more on the opportunity for mid-tier firms and trends he’s seen on recruitment of talent in the space. In this week’s app news: Bye bye Xero Go - https://www.linkedin.com/posts/siwoodhams_uk-mobile-app-xero-go-to-be-retired-xero-activity-7173598209813000193-UCSa?utm_source=share&utm_medium=member_ios, https://blog.xero.com/product-updates/retiring-xero-go/ Alex Von Schirmeister expans role to EMEA - https://www.linkedin.com/posts/alexander-von-schirmeister-045375_i-am-delighted-to-have-been-asked-to-expand-activity-7170458969570758656-h3V9?utm_source=share&utm_medium=member_ios Xero payroll Bureau product Xero releases JAX - https://www.accountingweb.co.uk/tech/accounting-software/xero-backs-generative-ai-to-accelerate-software-shift-to-mobile Sage co-pilot - https://www.accountingweb.co.uk/tech/accounting-software/sage-unveils-cross-platform-generative-ai-copilot-tool RP - Sage expands construction solutions with acquisition - https://insightfulaccountant.com/accounting-tech/general-ledger/sage-expands-and-enhances-construction-solutions/ QBO confirms FRS102 and personal tax filing - https://www.accountingweb.co.uk/tech/accounting-software/quickbooks-confirms-frs-102-and-personal-tax-filing Datasnipper - $1B valuation - https://www.linkedin.com/posts/abigail-weir-b68917198_thank-you-nyse-for-inviting-the-datasnipper-ugcPost-7171978576378994688-ruLq?utm_source=share&utm_medium=member_ios Wolters Kluwer unveils CCH IFIrm cloud tax and accounting https://www.accountingweb.co.uk/tech/practice-software/wolters-kluwer-unveils-cch-ifirm-cloud-tax-and-accounting-platform Wolters Kluwer release AML for CCH Ifirm https://www.accountingweb.co.uk/tech/accounting-software/wolters-kluwer-releases-cloud-aml-module-for-cch-ifirm Apron invoice capture released - https://www.accountingweb.co.uk/tech/accounting-software/apron-serves-up-invoice-capture-tool-to-streamline-accounting-data MTD ITSA testing starts 22/4 - https://www.accountingweb.co.uk/tax/hmrc-policy/hmrc-to-kick-off-mtd-itsa-testing-on-22-april Pleo – invoice approvals, invoice status, employee reimbursements Pleo pricing changes – Pleo’s Advanced Plan starts at £99/month - and includes new releases such as spending budgets, SaaS vendor cards and higher overdraft limits. Cashback contracts require minimum 12-month commitment with upfront payment Lightyear employee expenses - https://www.lightyear.cloud/features/expenses
Being an Accounting Entrepreneur with Eriona Bajrakurtaj, MD of Major's Accounts
This week we are joined by MD of Major’s Accounts, Eriona Bajrakurtaj, who talks about her entrepreneurial journey from very humble beginnings to being one of the most enterprising female entrepreneurs in the accountancy industry. If you’re looking at how to shake up your Practice and press a hard reset, give this a listen to see if Eriona’s playbook could work for you. Also we’re joined by Vipul Sheth, the CEO of AdvanceTrack Outsourcing, who talks about the value of his tech stack and data. Outsourcing is not for every firm but at a time where finding good talent is not easy, AdvanceTrack are leading the way on remote management of resources with a tech first approach. Finally in this week’s app news: Pento acquired by HiBob - https://www.linkedin.com/posts/jonasboegh_glad-youre-here-welcoming-pento-to-the-activity-7163092169174589440-cVuS?utm_source=share&utm_medium=member_android QBO – advanced forecasts - https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-online-advanced-financial-forecasts/ QBO standard payroll replaced by Core QBO Bureau payroll launches Revolut to release Billpay later 2024 - https://www.linkedin.com/posts/marcelvanoost_banking-digitalbanking-businessbanking-activity-7165618394849882113-ovG9?utm_source=share&utm_medium=member_ios KPMG launches AI tax tool with Blue J - https://www.accountancyage.com/2024/02/22/kpmgand-blue-j-launch-ai-tax-tool/ Chaser releases auto-call - https://www.linkedin.com/posts/soniadorais_automation-chaser-accountsreceivables-activity-7165753014652223489-4KcQ?utm_source=share&utm_medium=member_ios FreeAgent Dext Prepare integration - https://www.freeagent.com/blog/dext-prepare/ FreeAgent extends Amazon integration - https://www.freeagent.com/blog/extending-amazon-integration-reach/ Mayday intra entity recharging End of the road for TAS Books - https://www.accountingweb.co.uk/tech/accounting-software/tasbooks-heads-for-the-exit-door Capium releases Time & Fees - https://www.accountingweb.co.uk/community/industry-insights/introducing-capiums-new-time-fees-software-for-the-accounting-and Companies House fee increases, plus digital only - https://www.accountingweb.co.uk/business/financial-reporting/companies-house-fees-set-to-rise
Sabby Gill, CEO of Dext, levelling up on Bookkeeping Data Automation
This week we’re joined by the super impressive Sabby Gill who talks to us about how Dext has levelled up on its core product, Bookkeeping Data Automation. We cover latest changes and priorities for the business as well as Dextension and the application of AI in the roadmap. Also in this week’s app news: End of QB desktop in US? - https://insightfulaccountant.com/accounting-tech/general-ledger/is-july-31-2024-the-end-of-quickbooks-desktop/ Datasnipper valuation $1bn - https://www.linkedin.com/posts/youssefhounat_datasnipper-startup-that-uses-ai-to-eliminate-activity-7158781672820264960-4IM-?utm_source=share&utm_medium=member_android Pennylane becomes unicorn -https://techcrunch.com/2024/02/07/accounting-software-startup-pennylane-becomes-frances-latest-unicorn/ ChangeGPS will be part of Access - https://www.linkedin.com/posts/davidboyar_i-am-thrilled-that-the-next-phase-of-changegps-activity-7158562132257566724-zPMn?utm_source=share&utm_medium=member_ios Classic invoicing is retiring – Xero – App news channel 30/1/24 Karbon billing and payments Xbert launches AI data tool - https://www.accountingweb.co.uk/tech/accounting-software/xbert-launches-ai-data-tool-in-the-uk Deepfake CFO - https://www.accountingweb.co.uk/tech/tech-pulse/deepfake-cfo-dupes-hong-kong-business-into-ps20m-payment Sage for accountants release - https://www.accountingweb.co.uk/community/industry-insights/sage-for-accountants-in-2024-the-11-latest-features-to-enhance-your
Latest App News and MazApp by Lucy Cohen secures additional investment
Hear the latest app news with Ryan, John and Indi: HMRC mandate payrolling benefits https://www.accountancyage.com/2024/01/25/hmrc-to-mandate-payrolling-of-benefits-from-april-2026-implications-and-preparations-for-accountants/ Launch of Receipt Bot - https://www.accountingweb.co.uk/tech/accounting-software/receipt-bot-targets-accounting-data-revolution Xemplo integrates with xero payroll - https://www.linkedin.com/posts/xemplo_xemplo-xero-payroll-integration-explore-activity-7155012613800652800-6acN?utm_source=combined_share_message&utm_medium=member_io GoCardless enhances FreeAgent integration - https://www.freeagent.com/blog/direct-debit-gocardless-payments/ Naq raised €3m seed round - https://www.linkedin.com/posts/activity-7155868898850930688-Tlpl/?utm_source=combined_share_message&utm_medium=member_ios Netcall acquires Skore - https://www.linkedin.com/posts/skore-labs_netcall-acquires-process-improvement-provider-activity-7155504602488999936-f3nO?utm_source=combined_share_message&utm_medium=member_ios Capitalise powers FSB funding platform - https://capitalise.com/gb/insights/the-federation-of-small-businesses-partners-with-capitalise Coconut & GoSimple Tax integration - https://www.linkedin.com/posts/james-cryne-451b2a16_exciting-news-for-accountants-activity-7155507714498916352-Ti6P?utm_source=share&utm_medium=member_ios We also catch up with Lucy Cohen from Mazuma about her latest raise and plans for their proprietary data capture app MazApp. Is AI next on the roadmap?
Socket to us Johnny Gaunt, what’s on the 2024 accounting tech agenda
Ryan, John and Indi spend a bit of time popping the hood of Johnny Gaunt’s new venture, Socket. Hidden in stealth for the best part of a year, JG has re-emerged and taking Linked In by storm with his recent spate of social influencing on speed. Hear more about his latest venture and how he’s helping to remove friction points and avoid the Frankenstack that is so common place when navigating several different accounting softwares. And a little sprinkling of app news this week: - Accountancy sector grew 0.3% https://insightfulaccountant.com/accounting-tech/general-ledger/soon-to-be-released-quickbooks-solopreneur/ - Horizon 20 year software scandal https://www.accountingweb.co.uk/tech/accounting-software/horizon-the-20-year-accounting-software-scandal - QuickBooks solopreneur https://www.accountancydaily.co/accountancy-sector-grows-gdp-rose-03 - Revolut closes payroll https://www.linkedin.com/posts/michaelecolley_payroll-revolut-revolutpayroll-activity-7150040959865540608-fDav?utm_source=share&utm_medium=member_ios - Freshbooks product releases https://www.freshbooks.com/blog/product-updates-2024 - Quadient links to Xero https://www.quadient.com/en-gb/news/Quadient_integrates_with_Xero_to_automate_and_streamline_accounting_for_SMEs - Ryan hits 50th in UK top 100 (due to rating change ) https://www.linkedin.com/pulse/uk-linkedin-accountancy-top-100-social-selling-index-joage/
New Year New You... Same Old DTIAW with a Bumper App News
Join our Digital Disruptors community to keep updated on the latest app news and events we’ll be running this year. This week we have a bumper app news to kick off 2024 and we take a look back at 2023 on apps we would bed, buy, bin based on their releases and forward plans. In app news this week: GI and Advancetrak settle - https://www.accountancydaily.co/ip-case-settled-between-gi-outsourcing-and-advancetrack IRIS pay improved- https://www.unipaas.com/blog/iris-pays-next-chapter-a-strategic-partnership-with-unipaas-enhances-kashflow IRIS looking to sell for £3bn - https://finance.yahoo.com/news/kkr-advanced-talks-3-billion-150834828.html https://www.linkedin.com/posts/mergerlinks_leonard-green-partners-completed-the-acquisition-activity-7146601869576970241-ciqA?utm_source=share&utm_medium=member_ios Iplicit gets OCR - https://www.accountingweb.co.uk/community/industry-insights/iplicit-offers-all-customers-ap-automation AI tool Jenesys lands $1.1m to reimage role of accountants - https://www.accountingweb.co.uk/tech/accounting-software/ai-tool-jenesys-lands-11m-to-reimage-the-role-of-accountants BDO launches secure AI platform personas https://www.accountancydaily.co/bdo-launches-secure-ai-platform-personas Allica partners with Wise - https://www.finextra.com/pressarticle/99010/allica-bank-signs-with-wise-for-cross-border-money-transfers Pivot (procurement app) raises $21.6m - https://techcrunch.com/2023/12/12/procurement-software-startup-pivot-raises-216-million-just-a-few-months-after-its-creation/ Xero partner pricing increase - https://www.xero.com/uk/pricing-plans/partner-update/?fbclid=IwAR1mBcJmVESw9Nx4HpIpEwGDlFwCWbkOeS8G09ZDBfP8I79ENYjC6W5ohGM Xero money matters report Xero hackathon releases - https://blog.xero.com/product-updates/highlights-from-2023-hackathon/ Dext updates - https://www.linkedin.com/posts/ben-s-9b707522_weve-been-delivering-the-q4-update-for-dext-activity-7138558551454547970-hTDq?utm_source=share&utm_medium=member_ios Quickbooks enhance reporting coming - https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-enhanced-reporting-changes-underway/ QBO balance sheet budgets https://insightfulaccountant.com/accounting-tech/general-ledger/quickbooks-online-balance-sheet-budgets/ FreeAgent supports self assessment property pages https://www.freeagent.com/blog/self-assessment-property-pages/ ServiceM8 updates - https://www.servicem8.com/uk/october-2023-update Bill (formerly bill.com) launches lots of new features - https://insightfulaccountant.com/accounting-tech/vendor-news/bill-announced-new-features/ HMRC side hustle tax for online sellers https://uk-style-yahoo-com.cdn.ampproject.org/c/s/uk.style.yahoo.com/amphtml/hmrc-rolls-side-hustle-tax-175719631.html HMRC reveal existence of income tax https://www.ladbible.com/news/sport/luke-littler-net-worth-money-earnings-hmrc-712229-20240104
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!