Latest episodes
Episode 21 - App News
In this week’s app news bumper, find out more about... Futrli bought by Sage - https://www.linkedin.com/posts/futrli_today-marks-a-monumental-day-in-futrlis-activity-6930548428712067072-fojv?utm_source=linkedin_share&utm_medium=android_app Accoutenx insights IRIS elements released - https://www-accountingweb-co-uk.cdn.ampproject.org/c/s/www.accountingweb.co.uk/tech/practice-software/iris-elements-marks-final-push-into-the-cloud?amp BTC adds to cloud solution with self assessment - https://www.accountingweb.co.uk/tech/accounting-software/btcsoftware-boots-up-cloud-tax-solution Swoop opens accountant portal - https://www.accountingweb.co.uk/tech/accounting-software/exhibition-round-up-swoop-opens-accountant-portal Xero 2022 financial results blog - https://www.xero.com/blog/2022/05/full-year-2022-financial-results/ Intuit 3rd quarter financials - https://investors.intuit.com/news/news-details/2022/Intuit-Reports-Third-Quarter-Results-and-Raises-Full-Year-Revenue-and-Operating-Income-Guidance/default.aspx Square launches omnichannel commerce tools - https://www.pymnts.com/api/2022/square-launches-new-omnichannel-commerce-tools-cash-app-pay/ GoCardless announce first VRP customer - https://gocardless.com/blog/gocardless-announces-first-variable-recurring-payment-customer/ ICoconut lauches UK accountant advisory board to solver ITSA challenges - https://www.accountingweb.co.uk/community/industry-insights/coconut-enlists-top-uk-accountants-to-help-solve-itsa-challenges Tide and Sage tie-up to offer SMB tax and accounting tool - https://www.accountingweb.co.uk/tech/accounting-software/tide-and-sage-tie-up-to-offer-smb-tax-and-accounting-tool Ability to file CSO1s through Accoutnacy Manager - https://www.accountingweb.co.uk/community/industry-insights/new-file-cs01s-through-accountancymanager Fathom integrates to googlesheets for non-financial data - https://blog.fathomhq.com/google-sheets-integration?utm_source=App+Advisory+Plus+-+Newsletter+%26+Webinars&utm_campaign=5d9bf96f9a-EMAIL_CAMPAIGN_2020_01_24_10_01_COPY_01&utm_medium=email&utm_term=0_16d43ed120-5d9bf96f9a-376197989&mc_cid=5d9bf96f9a&mc_eid=a80ecca862 Deputy launches employee onboarding - https://help.deputy.com/en/articles/6137537-how-to-onboard-team-members-uk-customers Crezco launches partner program Xero update quotes with attachments - https://www.xero.com/blog/2022/05/win-business-with-beautiful-quotes/ Xero stripe app launch - https://www.xero.com/blog/2022/05/introducing-xero-stripe-app/ Auderli targets MTD with “life audit” tool - https://www.accountingweb.co.uk/tech/tech-pulse/auderli-targets-mtd-opportunity-with-life-audit-tool MTD ITSA Pilot via Freeagent - https://www.freeagent.com/blog/mtd-itsa-pilot-programme/ Freshboosk Appstore launch with 100 products - https://www.freshbooks.com/blog/appstore Digital grant failing - https://www.accountingweb.co.uk/tech/accounting-software/digital-grant-scheme-well-intentioned-but-poorly-targeted-experts-tell-mps Circit raise €6.5m to pioneer open banking for auditors - https://www.circit.io/post/circit-raises-6-5-million Atom Bank (UK fintech) may list on NYC via a SPAC merger - https://www.uktech.news/fintech/atom-bank-new-york-20220523 Fresho raises $14m to re-enter US - https://www.smartcompany.com.au/industries/hospitality/online-ordering-platform-fresho-us-covid/ Token.io raises $40m – account to account payments in Europe on open banking - https://techcrunch.com/2022/05/12/token-io-raises-40m-to-expand-open-banking-based-account-to-account-payments-in-europe/ Modulr secures $108m series C - https://www.openbankingexpo.com/news/modulr-secures-108m-in-series-c-fundraise/ Access Group purchase Reckon Accountants Division for $100m - https://www.linkedin.com/posts/mattpaff_its-finally-done-clive-found-his-mark-activity-6932822139829911552-WTDI/?utm_source=linkedin_share&utm_medium=ios_app Nomisma is crowdfunding - https://www.accountingweb.co.uk/community/industry-insights/nomisma-is-crowdfunding
Episode 20 - Libeo Feature Episode
Learn more about the fascinating and fast paced payment space in this feature length episode with Libeo. We put the super spotlight on Libeo and discover more about what a frictionless payment experience means for Libeo, the Accountant and for businesses. From our time with Pierre, Co-Founder of Libeo, and Glen, MD UK & Northern Europe, we explore what differentiates them in this space and the pain points they’ve worked hard to remove. Libeo have raised €20m to scale up their model and introduce the benefits of wallet payments and open banking to businesses across Europe. And as always we love a little speculation - consolidations and acquisitions. Share your feedback or your predictions!
Episode 19 - App News
Bumper app news this week - join John, Ryan and Indi to hear the latest headlines. Adrian Blair breaks silence since leaving Dext, thanks staff and talks about success - https://www.linkedin.com/posts/adrianblair_dext-is-rated-excellent-with-47-5-on-activity-6924763917176995840-XjqK?utm_source=linkedin_share&utm_medium=ios_app N26 closes more than 100 accounts automatically – https://www-businessinsider-com.cdn.ampproject.org/c/s/www.businessinsider.com/n26-bank-europe-customers-account-closures-access-savings-2022-4?amp Turbotax to pay $141m to settle claims it scammed millions - https://www.theregister.com/2022/05/04/intuit_turbotax_settlement/ Plaid accuses Stripe of dishonestly obtaining valuable information - https://www.finextra.com/newsarticle/40192/plaid-accuses-stripe-of-underhanded-tactics-over-new-open-banking-product Funding Circle Founder and ex-CEO launched new payments fintech Altfi - https://www.altfi.com/article/9126_funding-circle-founder-and-ex-ceo-launches-new-payments-fintech Procore partners with Capitalise to fund construction projects - https://www.business-money.com/announcements/procore-partners-with-capitalise-to-connect-construction-projects-with-funding/ Zahara powered by Comma - https://www.zaharasoftware.com/zahara-x-comma-the-purchase-to-pay-solution-to-help-you-gain-control-of-business-spend/ VRPS to supercharge open banking - https://www.altfi.com/article/9034_why-vrps-will-supercharge-open-banking-adoption Natwest launch VRP with Truelayer, Gocardless and Crezco - https://bit.ly/3LJNKPU IFederal reserve to grant master accounts more quickly - https://www.pymnts.com/bank-regulation/2022/fed-master-accounts-give-fintechs-firepower-to-meet-and-beat-banks-on-their-own-payments-turf/ US open banking rule held up by privacy laws - https://www.reuters.com/business/finance/exclusive-us-open-banking-rule-bogged-down-by-privacy-concerns-sources-2022-05-04/ Onfolk HR and payroll platform £8pmpe hit Xero Appstore –XeroAPI on Twitter: ”🇬🇧 Welcome to the @Xero App Store @onfolkhr 👏 Finally, #HR and #payroll in one place. With Onfolk you get a modern people system with time-off, pensions, HR, payroll, onboarding, and a suite of integrations. For more info visit: https://t.co/yRagbT5Qxs https://t.co/RYdOSDIo9Y” / Twitter ILisa Miles-Heal becomes CEO of Silverfin - https://www.accountancyage.com/2022/04/27/accounting-and-audit-tech-update-xero-quickbooks-and-more/ Xero launch ultimate pricing plan - https://xero.dsmn8.com/Q6B23XvcJN Sage rebrands - https://www.prolificnorth.co.uk/news/tech-news/2022/04/new-look-sage-symbol-change-refreshed-service-range-announced Freeagent for landlords - https://www.freeagent.com/blog/introducing-freeagent-for-landlords/ Xero releases – more reporting (management reports), bank rec now prompts more fields filled in - https://www.xero.com/blog/2022/05/product-news-may-2022/ Xero and PKF for global alliance - https://www.xero.com/blog/2022/04/xero-welcomes-global-partner-pkf/ Unleashed on new Xero app store, free trial and subs through xero- https://www.unleashedsoftware.com/blog/unleashed-joins-the-new-xero-app-store QBO announces spreadsheet sync – (Datadear) – https://investors.intuit.com/news/news-details/2022/QuickBooks-Introduces-Spreadsheet-Sync-to-Address-Pain-Point-for-Small--Medium-Sized-Businesses/default.aspx Freeagent benchmarking – now similar businesses - https://www.freeagent.com/blog/performance-benchmarking-report-similar-businesses/ Futrli predict adds customer and supplier trends Mayday recharger launches 9spokes no longer free – now $19pm for new users – free for existing – also connected to Sage Xero change how they work with partners - https://www.xero.com/blog/2022/04/helping-our-uk-accounting-community/ Re-leased obtain £15m funding - https://www.linkedin.com/posts/samcaulton_jll-spark-leads-re-leaseds-15m-funding-activity-6925765753761628160-IDw3?utm_source=linkedin_share&utm_medium=android_app
Episode 18 - The Big G F
The big Glen Foster in a post Xero world. With the recent spate of entries and exits we catch up with Glen Foster to find out more about why he made the leap. Find out more about Libeo and hear about Xero’s plans for world domination in this short feature length episode. Special appearance and shout out to Jasmine from Libeo!
Episode 17: AppNews
In this week’s app news we cover: Nomisma launches an official integration with Dext Jeppe Bender Lassen on LinkedIn: I’m excited to be joining Pento to help build out a new partnerships Capitalise finally make it to the Xero app store Why accounting software partnerships fail Government prepares to regulate stablecoins for payments Arthur updates - analytics, FixFlo, Homeppl and live bank feed Syft updates - scheduled reports overhaul, budget builder, pricing insights and VAT/GST review Comma updates - Revolut and Wise integrations with bulk pay coming soon plus improvements for Xero integration, status of payroll WSJ article on Google automation FRC to regain powers to strike off auditors Wagestream fundraise $175m Series C Azets and Xero to work together
Episode 16 - The Comma Spotlight
Hello, and welcome to the Digi-Tools podcase. We have our first feature episode this week and doing a deep dive into specific issues that businesses and payroll bureau’s encounter when making payments. Learn how to use Comma to help solve these problems - bulk payments, payroll integrations and the bank rollout. We get the inside track from Comma’s Tom Beckenham, CEO & Co-Founder, and Becky Danks, Head of Product. A quick 40 minute listen with chapters to help you navigate to the bits that are most relevant to you!
Episode 15 - App News
We’re trying out weekly pod releases - bear with us! In this episode you’ll catch up with the latest app news, including: FTC sues Intuit for deceptive free TurboTax - FTC sues Intuit, claims ’free’ TurboTax can be deceptive • The Register Intuit responds to lawsuit to vigorously challenge - Intuit Inc. - Intuit Responds to Complaint from U.S. Federal Trade Commission Lightyear partners with Sage Business Cloud and Intaact - Lightyear announces new strategic partnership with Sage and new Lightyear releases – enhanced approval process (including single click approval), enhancements to purchase orders Bright Group buy Accountancy Manager - AM Blog | AM joins Bright Software Group - AccountancyManager GoProposal release tools for active engagements - GoProposal gears up for ‘active’ practice management with new releases | AccountingWEB Funding Options launches accountant channel - Funding Options launches accountant platform Xero release new reporting features – accountant management report pack tweaks (with client facing soon to come), flexible executive summary, report annotations, The new reporting features that have just landed (and a sneak peek at what’s coming soon) | Xero Blog Workflowmax release invoice information tab - New release: A brand new look for the invoice information tab (workflowmax.com) Tripcatcher – partner dashboard enhanced & updated user management QBO revise left navigation panel for grouping UK tax debt now at £39bn - HMRC must do more to recover taxes HMRC must do more to recover taxes unpaid due to pandemic, say MPs - BBC News (ampproject.org) MTD ITSA to drive 68% of accounts to offer new services - Research suggests 2 out of 3 accountants expect to offer new services due to MTD for ITSA (accountancyage.com) Companies House reform proposals - Companies House Reform proposals. | AccountingWEB ISSB publish draft for global sustainability disclosures – ISSB publishes draft proposals for global sustainability disclosures (accountancyage.com)
Episode 14 - QBO Spotlight with Johann Goree
Take a walk on the white and green side with Johann Goree, one of six QBO Strategic Partners in the UK. Join Ryan as he delves into whether QBO is outpacing the competition and what else is coming from across the pond. This week in app news: QBO announces launch of tax filing software and MTD ITSA at QBO connect, working papers product and overhaul of payroll - https://www.accountingweb.co.uk/tech/accounting-software/quickbooks-announces-tax-prep-and-filing-intentions Xero dashboard getting a new look https://www.xero.com/blog/2022/03/new-look-xero-dashboard/ Xero comments on reliability of bank feeds - https://www.xero.com/blog/2022/03/uk-bank-feeds-reliability/ Xero and Meta create financial wellness program in Asia Pacific. Financial wellness if overall financial health of the business. https://www.thedrum.com/news/2022/03/07/how-meta-and-xero-are-helping-smbs-improve-financial-wellness-through-technology Xero appstores purchases in AUS get Qantas points https://devblog.xero.com/earn-qantas-points-on-xero-app-store-purchases-f81298c1d64f Xero announces stance on Russia – halted Russian operations https://www.xero.com/blog/2022/03/our-position-on-ukraine-and-russia/ G-Accon integration with Freshbooks https://blog.accon.services/2022/03/11/new-product-released-g-accon-for-freshbooks/?utm_medium=email&utm_source=rasa_io A2X announces partnership with Rewind https://mail.google.com/mail/u/0/?zx=7wjrtkk9g0zw#inbox/FMfcgzGmvLQhqRqRXztCVXJlLVnplwXs Keypay integrates with SAGE https://support.yourpayroll.com.au/hc/en-gb/articles/4416419313039?sea=support@yourpayroll.co.uk IRIS and Revolut announce payroll partnership via staffology https://www.accountingweb.co.uk/tech/tech-pulse/iris-and-revolut-hail-payroll-partnership-benefits Open banking - Natwest testing Variable recurring payments in Payit app in 2022 with commercial product 2023. Working with FreeAgent and will work with NatWest Rapid Cash https://www.finextra.com/newsarticle/39805/natwest-preps-for-live-roll-out-of-variable-recurring-payments Payroll processing salaries to rise 15% https://www.accountancydaily.co/payroll-salaries-rise-15-hybrid-working-expands Tax Giant Ryan buts R&D specialist Catax in UK expanding into UK https://www.accountancydaily.co/us-tax-giant-ryan-acquires-rd-specialist-catax Atlantic money launches in London with funding round to take on Wise and Paypal https://www.cityam.com/exclusive-money-transfer-fintech-launches-in-london-to-take-on-wise-and-paypal/ Lloyds invest £5m in Satago for 20% stake. Will roll out for single invoice finance and whole of book invoice factoring. Satago to get recurring fee per deal. Values Satago at £20m https://www.finextra.com/newsarticle/39827/lloyds-bank-invests-5-million-in-working-capital-platform-satago Visa acquries Tink, an open banking platform https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.18881.html Steadypay secures £3.8m series A https://www.uktechnews.info/2022/03/08/steadypay-secures-3-8-million-series-a-investment-led-by-digital-horizon/
Episode 13 - Bringing Audit Into The 21st Century
Bringing audit kicking and screaming into the 21st century with Mark Edmonson from Inflo. Does audit analytics really improve audit quality? Or is it just the new buzz word for the marketplace? John and Mark take a deep dive into the transformative nature of audit analytics software and what a data-driven audit methodology really looks like. And in this weeks app news: Software Pricing Transparency Ignition update MazApp - new bookkeeping software app HMRC App updates Connect 4, Xero, FreeAgent and Bokio App updates