Xero

It’s not a bot — the truth about Botkeeper, the Google-funded, AI-powered “bookkeeper replacement”

It’s not a bot — the truth about Botkeeper, the Google-funded, AI-powered “bookkeeper replacement”

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.

2018: The Year Cloud Accounting Passes the Tipping Point

2018: The Year Cloud Accounting Passes the Tipping Point

How many people does it take to make an idea go viral? It's lower than you might think. All it takes is 10% of the population to come around and change is inevitable. To learn how we've already passed that tipping point for cloud accounting technology, read my article in the July 2018 issue of California CPA Magazine.

New Survey Finds Accounting Teams Embrace Technology to Solve Hiring Challenges

New Survey Finds Accounting Teams Embrace Technology to Solve Hiring Challenges

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.

KPMG partners with Google, Vermont pays to attract remote workers, & finance leads in RPA adoption

KPMG partners with Google, Vermont pays to attract remote workers, & finance leads in RPA adoption

Big Four firm KPMG International has partnered with Google to create solutions, Slack's new Actions update means your team can do more work in one place, Vermont will pay people $10,000 to move there and work remotely, the majority of medium and large accounting firms have moved all their IT infrastructure to the cloud, why introverts are better at networking, and more

KPMG partners with Microsoft to build new accounting software "Wiise"

KPMG partners with Microsoft to build new accounting software "Wiise"

This week I’m most intrigued by reports out of Australia that KPMG has partnered with Microsoft and Commonwealth Bank to create an SEM-focused standalone accounting software solution called Wiise on Microsoft’s existing Dynamics Business Central platform.

Think There's a Talent Shortage Now? Just Wait

Think There's a Talent Shortage Now? Just Wait

There’s plenty of talk about the difficulty of hiring and retaining good CPAs, but it appears this trend isn’t limited to the accounting profession. CFO.com reported recently on a looming global talent shortage, which according to economic modeling, will reach about 85 million people by 2030.

Can't find the app you need? Build it yourself!

Can't find the app you need? Build it yourself!

My favorite story this week is about an accountant who couldn’t find the budgeting app he wanted for his clients, so he built it himself using developers hired on the freelancing site UpWork.

Don't Be the Horse and Buggy

Don't Be the Horse and Buggy

Here's my latest collection of the top links I clicked on this past week, including a fascinating post from Google about how U.S. Hispanics are ahead of the curve when it comes to technology adoption, yet remain largely untapped.

Time To Get Creative With Accounting Team Compensation

Time To Get Creative With Accounting Team Compensation

Why middle-aged accountants are suing PwC; KPMG offers new AI accounting tools powered by IBM's Watson; Why it's time to get creative with accounting team compensation; Xero's CEO Rod Drury steps down; Amazon to offer checking accounts; and more

The Human is the Beast that Automates

The Human is the Beast that Automates

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