Sections
accounting
-
2.5KPayment MethodsStripe Expands European Presence
San Francisco-based Payments startup Stripe is rolling out its services in eight new European countries, the company said in a press release...
-
1.5KB2B PaymentsXero Integrates BP Fuel Card eInvoices
Small business cloud accounting company Xero has announced BP as its latest – and largest – partner to join Xero Connect. Scoop...
-
3.0KSecurity & FraudMadoff Whistleblower Has GE On The Defense
Boston-based General Electric (GE) is defending itself against accounting fraud alleged by the same whistleblower who called out Bernard Madoff’s Ponzi scheme,...
-
2.7KB2B PaymentsRevolut Taps Xero For SMB Expense Offering
Challenger bank Revolut is launching a new product for its small business customers. The U.K. company announced in a blog post on...
-
2.1KB2B PaymentsRoadSync Streamlines Logistics Payments With QuickBooks
Logistics payments platform RoadSync is syncing into QuickBooks to boost transaction efficiency for its users. A press release reported by AJOT this...
-
2.2KB2B PaymentsBig Four Accountancies Fail UK Audit Test
All of the U.K.’s so-called Big Four accountancy firms — KPMG, PwC, EY and Deloitte — have reportedly failed to reach audit...
-
3.1KB2B PaymentsCambridge Global Payments Automates X-Border AP
FLEETCOR-owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. Cross-border commercial payments and FX management firm Cambridge Global...
-
1.5KB2B PaymentsSMBs May Get More Time To Adopt New Accounting Standards
Financial regulators are considering allowing smaller businesses (SMBs) more time to comply with sweeping changes in lease accounting standards, which experts have...
-
2.5KB2B PaymentsAmaiz Debuts Mobile Banking App For Startups
U.K. FinTech Amaiz is rolling out a mobile business banking app for entrepreneurs, announced in a blog post this week. The solution...
-
2.7KB2B PaymentsBrex Integrates With Accounting Platforms
Commercial card startup Brex has announced the launch of a portal to connect cardholders to accountants. In a press release Thursday (June...
-
2.7KB2B PaymentsPwC: Next Auditing Giant To Overhaul Business
PricewaterhouseCoopers is the next Big Four U.K. auditing giant to overhaul operations amid growing regulatory scrutiny on the industry. PwC is reportedly...
-
1.7KB2B PaymentsSEC’s Top Accountant Role Left Vacant Ahead Of Standard Changes
As the Securities and Exchange Commission (SEC) readies to implement sweeping changes in accounting standards, the agency’s top accounting role has been...
-
2.7KB2B PaymentsNew Details Emerge On Chinese Pharma’s $4.3B Fraud
New details have surfaced about how a Chinese pharmaceutical conglomerate overstated its cash position by about $4.3 billion. Bloomberg reported on Wednesday...
-
2.0KB2B PaymentsUK Financial Watchdog Ramps Up Auditor Oversight
U.K. financial watchdogs have stepped up their oversight of the accounting and auditing industry amid a string of corporate accounting scandals, collapses...
-
2.4KB2B PaymentsAccountants Sound Off On Wolters Kluwer Cyberattack
A cyberattack at accounting firm Wolters Kluwer that left its accountant clients unable to access a portal necessary to do their jobs...
-
2.9KB2B 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...
-
2.0KB2B 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...
-
2.5KB2B 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...
-
2.3KB2B 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...
-
4.6KB2B 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...
-
2.5KB2B 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,...
-
3.9KB2B 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...
-
3.0KB2B 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...
-
3.9KB2B 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...
-
5.0KStartupsBookkeeping 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...
-
3.5KB2B 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...
-
7.5KB2B 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...
-
4.2KB2B 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...
-
3.2KB2B 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...
-
4.3KB2B 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...
-
3.8KB2B 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...
-
6.4KB2B 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,...
-
4.4KB2B 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...
-
4.3KB2B 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...
-
5.1KAmazonSEC 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...
-
4.9KB2B 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...
-
3.7KB2B 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),...
-
4.7KB2B 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...
-
4.7KB2B 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...
-
5.5KB2B 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...
-
6.9KB2B 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...
-
7.5KB2B 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...
-
3.9KB2B 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...
-
7.3KB2B 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...
-
5.1KB2B 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...
-
10.8KB2B 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...
-
4.1KB2B 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...
-
9.7KB2B 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...
-
5.8KB2B 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...
-
3.8KB2B 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...
