The founder of Botkeeper has called it “a full bookkeeper replacement; it’s a robo-bookkeeper.” Yet according to new information, Botkeeper may not be quite as robotic as it claims. Listen in for all the details.
Blake and David share news and stories about the era of cloud ERP, blockchain, banking investments in FinTech, multi-factor authentication, why America needs more accountants in Congress, whether or not the Big Four have los their advantage in audit technology, and the growth of remote work among the professional class.
Intuit’s Small Business Online Ecosystem Revenue increases 42 percent in its latest quarterly results; takeaways from QuickBooks Connect from Matt Paff and Sholto Macpherson; a new survey shows that 38 percent of employees resent when IT dictates the tech they use at work; crazy stats from the 2018 High Growth Study of professional services firms by Hinge Marketing; why blockchain won’t put accountants out of work anytime soon; and multi-factor authentication headaches
Blake and David reconnect to talk about what's new in the worlds of QuickBooks and NetSuite. Intuit is discontinuing their QuickBooks Desktop Advanced ProAdvisor Certification — could this be the beginning of the end for desktop? Meanwhile, NetSuite is soaring according to the latest Oracle quarterly results. Also, blockchain is no longer a much-hyped theory. Walmart will require all its suppliers of leafy greens to use IBM's blockchain to track its supply chain starting in 2019. For this and more, listen to Episode 38!
David is back from his well-deserved vacation and ready to discuss Sage’s sudden move to oust Stephen Kelly as chief executive. Chairman Donald Brydon reportedly said, “We need to get a CEO that has SaaS in their veins.” Kelly joined Sage four years ago with a mandate to shake up the company, but despite the acquisition of Intacct, he has apparently been unable to turn things around quick enough for the board. Sage is facing increased competition from Xero on its home turf in the U.K and has been unable to gain market share against juggernaut Intuit in the U.S.
Dr. Sean Stein Smith, DBA and CPA, joins the Cloud Accounting Podcast to discuss five of the top accounting articles from the past few weeks, including stories about PwC, blockchain, KPMG's partnership with Watson, EY's use of RPA to automate internally and for clients, the evolution of the "one firm client" practice, and why artificial intelligence is the future of accounting.
I'm joined by David Leary, Global Small Business Ecosystem Evangelist at Intuit. We discuss the insanity around the latest cryptocurrency (KodakCoin), our predictions for accounting in 2018, Intuit's acquisition of TSheets, the wasteful nature of recurring meetings, and how the IRS might soon have an API