Botkeeper represents itself as an AI-powered automated bookkeeping and accounting solution, but in reality it’s offshore labor in the Philippines doing most of the work.
The U.S. Supreme Court decision expanding nexus to out-of-state online retailers continued to dominate the accounting news this week; analytics company Domo went public as watchdog warns 'stay away from this IPO'; LeaseAccelerator raised $30M in funding for lease accounting software; how Walmart is leading an effort to track its grocery supply chain using blockchain technology; and more
Accountants are again taking a leadership role in their organizations with the adoption of cloud applications. According to FloQast’s new survey of accounting and finance professionals, 85 percent of respondents are facing increased challenges in hiring and retaining talent, and technology adoption is a key strategy in attracting and retaining talent.
It's not tools, but our ability to automate that makes us unique among animals; blockchain is mostly hype, but money transfer startup Veem is actually using it; why meetings are toxic; Catching Clouds Academy launches on YouTube; what drives workaholism; how digital nomads are hiring and firing their governments; and more
EY is out with a slick new corporate client portal for the Americas Tax practice; Mike Whitmire is my guest on the new episode the Cloud Accounting Podcast; Intuit launches its first corporate brand campaign with an animated short that's up to 16 million views on YouTube; Intel has developed smart glasses that don't make you look like a complete dork, Rod Drury on Xero's move from the New Zealand to Australian stock exchange; and more
Talking accounting tech with David Leary on the podcast, the White House struggles to mute a conference call, 61 ways to get more clients, why client service isn't as important as you think, the road from controller to CFO is becoming less travelled, 50% of accountants have no idea what blockchain is, and more
Cloud Accounting Weekly is now also a podcast, Xero announces strong half-year results, how blockchain solves a problem from antiquity, introducing QuickBooks Projects, Expensify integrates with Xero HQ, Square releases a full-fledged cash register, another look at Clio, welcoming our robot overlords, and more