tech and fintech

receipt bank raises $73 million

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debt and equity infusion to be used for expansion and product development.

by 卡塔尔世界杯常规比赛时间 research

london-based receipt bank, which fields machine-learning software that fetches financial information from multiple sources, digitizing and categorizing it for more than 50,000 accountants and bookkeepers, has raised $73 million in debt and equity financing for product development and market expansion.

the news follows bill.com’s initial public offering in december on the new york stock exchange where it sold 9.82 million shares, raising $216 million and giving it a valuation of about $1.6 billion. bill.com automates invoicing for 81,000 businesses.

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‘learning culture’ requires standardized processes

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three people speaking by videoconferencemake training a priority.

by roman h. kepczyk
quantum of paperless

for many firms, the ability to identify, standardize and implement best practices is the last remaining competitive advantage in business today as communications tools and access to technology have become available to everyone.

more: centralize contact administration | cutting your quickbooks costs | reclaim time with remote deposit | why daily t/e entry should be required | why your firm needs procedure manuals | digital tax workflow requires a system, not projects | survey: 60% of firms employ remote access tools
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to take advantage of the continuous stream of innovation and opportunities, firms must adopt a “learning culture.” this requires a formal process to capture and standardize best practices in every department within the firm so that every person can take advantage of them.
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centralize contact administration

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businesswoman talking on phoneyour practice management application will be home base.

by roman h. kepczyk
quantum of paperless

many firms today maintain contact information within multiple applications such as practice management, outlook, tax systems, and other marketing and crm (customer relationship management) programs.

more: cutting your quickbooks costs | how to transfer files securely | going digital with a/p processing | avoid over-auditing with ‘document containers’ | beyond email: new digital tools | who deletes documents and when?
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too often, a significant amount of time is wasted in firms pulling contact information together, reconciling and verifying lists for mailings, invitations, and even organizers. it is critical that firms centralize the updating of contact information for consistency.
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the 3 biggest tech failures of accounting firms

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stop waiting for the one solution that will solve all your problems.

by frank stitely
the relentless cpa

technology is a constant challenge for accounting firms.

more: debunking the demise of the cpa firm | how to thrive as a 21st-century firm | farm-aid for accountants? | whittle down wip | the tax practice traffic cop
goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

we’re learning to get a lot right, but there still are some things that firms get wrong on a regular basis.

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