Sections
accounting
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694B2B PaymentsKPMG Won’t Split Accounting, Auditing Units
Despite recommendations from a U.K. authority, KPMG revealed it would not split up its accounting and auditing units. However, starting on June...
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616B2B PaymentsChinese Firms Missing $6B In Cash
Regulators are taking action after more than $6 billion in cash has disappeared from the books of two Chinese companies, according to...
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1.3KB2B PaymentsDespite FY19 Losses, Xero Shares Surge
Small business accounting firm Xero saw its financial losses widen for the 2019 fiscal year, yet shares surged for the company as...
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1.2KB2B PaymentsWhy The Back Office Should Pay Attention To The POS
The journey of digitizing the enterprise created a whole new set of unique challenges in business operations. One of the largest was...
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3.0KB2B PaymentsWolters Kluwer Cyberattack Spreads ‘Quiet Panic’ Through Industry
A malware attack at accounting software company Wolters Kluwer wreaked havoc on the firm this week, as reports stated the cyber event...
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1.7KB2B PaymentsShould Auditors Be Responsible For Catching Corporate Fraud?
Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers,...
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2.0KB2B PaymentsIntuit, ADP Strengthen Cross-Platform Integration
Human capital management solution provider ADP is deepening its integration with Intuit’s small business accounting platform, QuickBooks, to streamline data connectivity between...
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2.1KB2B PaymentsFreight Firm Celadon Settles Accounting Fraud Claims
Indianapolis-based freight trucking company Celadon Group has agreed to pay its investors $42.2 million after filing false financial statements and lying to...
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3.3KB2B PaymentsClickBank Teams Up With Fully Accountable On eCommerce Accounting Services
Global digital marketplace ClickBank has announced a partnership with Fully Accountable to offer a full suite of specialized accounting services for small and...
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3.9KStartupsBookkeeping Startup Pilot Lands $40M From Stripe, Index Ventures
Bookkeeping startup Pilot announced it has closed on a $40 million Series B round led by Index Ventures with participation from Stripe. The...
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3.0KB2B PaymentsPilot’s Human/Tech Combo Takes On SMB Back-Office Frictions
Multinational conglomerates, mom-and-pops, sole traders — businesses of all sizes across all industries must manage the books. More often than not, accounting...
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5.4KB2B PaymentsWhy Small Business Owners Should Always Have An Exit Strategy
Hundreds of thousands of new small businesses (SMBs) open their doors every year in the U.S., be them physical or digital. The latest...
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3.6KB2B PaymentsUK Study: Businesses See Fraudsters As ‘Ahead Of Industry’
In the UK, might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to...
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2.8KB2B PaymentsWhy Corporate Lease Management Is Headed For An Overhaul
Along with regulatory action from tax reform and tougher Know Your Customer (KYC) rules adding the pressure of complex red tape, public...
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4.0KB2B PaymentsAccounting’s Evolution Leads Xero To Petition For Oxford Definition Change
Xero has started an online petition to convince The Oxford English Dictionary to change its “archaic” definition of the word “accountant.” The...
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3.4KB2B PaymentsCrowe Launches Cash Management Solution For Hospitals
Accounting, consultancy and technology firm Crowe is rolling out a new solution designed for hospitals to automate daily bank reconciliation processes and...
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5.7KB2B PaymentsB2B eCommerce A Favorite Among Investors
With more than $65 million placed with B2B FinTech firms this week, it wasn’t the most lucrative roundup for the industry. Yet,...
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4.0KB2B PaymentsCountingup Rounds Out SMB Services With Invoicing
U.K. challenger bank Countingup is adding invoicing services to its suite of offerings for small and medium-sized businesses (SMBs), the company announced...
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3.8KB2B PaymentsSmall Businesses At The Center Of Bots Vs Accountants
Behind many shifting trends in small business (SMB) financial services — the rise of FinTech service providers, the emergence of artificial intelligence...
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4.6KAmazonSEC Eyes Amazon Prime Data
Amazon has reportedly refused to disclose information about Prime memberships to the U.S. Securities and Exchange Commission (SEC) after it was asked...
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4.4KB2B PaymentsPatisserie Valerie Fallout Continues With Late Supplier Payments
The fallout from the alleged accounting scandal at U.K. café chain Patisserie Valerie continues, with the firm’s delayed payments to suppliers causing...
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3.3KB2B PaymentsNo Breakup For UK’s Big Four Accountancy Firms
The U.K.’s Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have escaped a forced breakup from the Competition and Markets Authority (CMA),...
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3.9KB2B PaymentsYoung SMB Owners: Bigger Goals, But Less Clarity On Finances
When considering the differences across age groups of entrepreneurs, digitization and technology adoption often come to mind first, with younger small business...
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4.0KB2B PaymentsPaychex Links Data To QuickBooks In Real Time
Human resources and payroll management solution provider Paychex is integrating its data into QuickBooks Online to synchronize data for joint customers in...
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5.0KB2B PaymentsHow Accountants-Turned-Advisors Can Manage The FinTech Deluge
Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human...
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6.3KB2B PaymentsHow Open Banking Opens Doors For Alternative SMB Lenders
Use of alternative finance (AltFin) sources among small business (SMB) owners is on the rise, but still has a long way to...
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6.5KB2B PaymentsCFOs Held Back From Driving Digital Transformation
Like many positions in corporate finance, the role of chief financial officer (CFO) is facing new pressures in a climate of innovation...
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3.4KB2B PaymentsSage’s Cloud Migration To Slow Growth, Says New CEO
U.K. small business (SMB) accounting software firm Sage is anticipating a slowdown in growth as it focuses on its migration to the...
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6.4KB2B PaymentsCashplus API Enables SMBs To Make Mass Payments Simultaneously
Banking technology provider Cashplus is introducing a new application program interface (API) designed to allow small and medium-sized businesses (SMBs) to make mass...
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4.9KB2B PaymentsUK Accounting Trade Group Weighs In On Late Payments
Late payment ripple effects continue in the wake of the Carillion bankruptcy, and an accounting trade group has weighed in with its...
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10.0KB2B PaymentsADP Enhances QuickBooks Payroll Integration
Payroll technology firm ADP is strengthening its integration into Intuit‘s QuickBooks platform, the company said Thursday (Nov. 1). An expansion of its...
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3.5KB2B PaymentsPayroll In Entertainment A Challenging Production, Says GreenSlate
Payroll is not a one-size-fits-all function of the enterprise. That’s not only true for businesses of different sizes, as a payroll tool...
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9.4KB2B PaymentsSmall Business FinTech Takes Center Stage With VCs
Cybersecurity investment probably won’t let up anytime soon. Indeed, this week did see some cybersecurity funding action, with several big-name backers participating...
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5.5KB2B PaymentsXerox Explores The ‘Hybrid’ Approach To Digitizing Corporate Finance
Paper is now a notorious taboo in the corporate finance department. Yet, physical documents remain an inevitable, and sticky, part of financial...
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3.5KB2B PaymentsIntuit Eyes AI To Keep High-Growth Businesses On QuickBooks
Intuit is introducing a new solution for businesses that deploys data aggregated from QuickBooks to provide enhanced analytics and insights for its...
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7.7KB2B PaymentsIntuit On Why Small Biz Can Lead The Way For B2B Payments Change
People learn to live with their messes, whether that means piles of old clothes stuffed into the closet, emotional baggage from high...
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6.6KB2B PaymentsEverlance Links Mileage, Expense Tracking App Into Xero
Everlance has announced that it reached the 500,000 user milestone, and its customers can now easily sync their mileage and expense management...
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3.9KB2B PaymentsCFOs Brace For Loan Disruption Amid Accounting Changes
Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate...
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4.3KB2B PaymentsBanks, Businesses Brace For Far-Reaching Accounting Standard Changes
Banks and businesses alike are heading toward the 11th hour of changes in accounting standards, which will have a major impact on...
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2.2KB2B PaymentsCBIZ Reports Fall In SMB Hiring For September
New data from CBIZ Small Business Employment Index (SBEI) reported a month-over-month decrease in hiring of 2.45 percent in September, which follows...
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6.2KB2B PaymentsTransferMate Partners With AccountsIQ To Streamline FX Payments
B2B payments company TransferMate Global Payments has announced a partnership with AccountsIQ, which will enable its customers to access preferential FX rates...
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5.0KB2B PaymentsUK Finance: Invoice Fraud A Threat To Business
Invoice fraud looms as a threat to businesses in the U.K., contends UK Finance, with thousands of fraud cases and tens of...
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3.1KB2B PaymentsFlockgen: B2B Collaboration Vital To The Middle Market
It’s never been easier for B2B businesses to collaborate and connect. However, the ease of building a partnership network introduces a host...
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2.6KB2B PaymentsLooking Beyond Company Walls For Financial Expertise
Adoption of third-party FinTech and reliance on outside experts is a natural choice for small businesses (SMBs), which often lack the resources...
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1.1KB2B PaymentsConsero Says Outsourcing Concerns Misguided
For small firms, outsourcing financial management may be a requirement. Tight resources often mean the inability to hire personnel or develop financial...
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6.6KAPITRENDING: Xero — FIs, APIs And The SMB Cash Flow Lifeline
With growing competition in the financial services sector, financial institutions (FIs) from Hong Kong to the U.K. are offering open APIs to...
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2.6KB2B PaymentsAccountants Urge Clarity In SMB Accounting Rules Amid Tax Reform
The American Institute of Certified Public Accountants (AICPA) submitted recommendations to policymakers this week, urging clarity and simplification in how the Tax...
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4.0KB2B PaymentsTreasurers Wasting Thousands Of Hours On Spreadsheet Cash Management
Corporate treasurers in the U.S. and Europe are wasting thousands of hours a year relying on manual spreadsheets to manage cash, according...
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3.0KB2B PaymentsSamsung Unit Afoul Of Accounting Law, Regulator Says
South Korean financial regulators said a unit of Samsung, Samsung BioLogics, intentionally breached corporate accounting rules, Reuters reported Thursday (July 12). The...
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3.5KB2B PaymentsSBA Taps Accountancy Group To Fight SMB Red Tape
The U.S. Small Business Administration (SBA) is launching a new initiative to help small firms struggling with regulatory issues and is enlisting...
