EPISODE · Nov 19, 2021 · 56 MIN
Accounting Metaverse
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsFyle: https://cloudaccountingpodcast.promo/fyleRewind: https://cloudaccountingpodcast.promo/rewindReach Reporting: https://cloudaccountingpodcast.promo/reachNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes2:43 – Our takeaways from Sage Transform, and news on upcoming CAP bonus interviews from the conference! 5:32 – Intacct and ADP Partner to Streamline Back-office Processes for Midsized Companieshttps://www.sageintacct.com/press/intacct-and-adp-partner-streamline-back-office-processes-midsized-companies 8:02 – A little compare and contrast of NetSuite, and Sage Intacct 10:28 – Some thoughts on Sage’s global expansion, and their data mesh 12:17 – A few pros and cons on Sage, and Sage Transform — what’s wrong, what’s missing 18:38 – Sage highlights automation, mobile features | Accounting Todayhttps://www.accountingtoday.com/news/sage-highlights-automation-mobile-features 19:47 – We’ve got voicemail! Thanks, for the great feedback, Greg! 21:33 – We’re clarifying our point of view on crypto – its usefulness as a tool, and as an investment, and where the blockchain will take accounting in the future. 30:13 – Expensify Shares Pop 52% in Market Debut – CFOhttps://www.cfo.com/the-cloud/2021/11/expensify-shares-pop-52-in-market-debut/31:45 - Expensify is the Slack of Accountinghttps://www.blakeoliver.com/blog/expensify-is-the-slack-of-accounting 32:04 – Expensify’s $263 million IPO breaks Oregon tech’s 17-year droughthttps://www.oregonlive.com/silicon-forest/2021/11/expensifys-263-million-ipo-breaks-oregons-17-year-losing-streak.html 34:58 – Expensify IPO Could Make Nearly All 140 Employees Paper Millionaires, but There is a Catch, Insiders Sayhttps://www.businessinsider.com/expensify-ipo-employees-become-paper-millionaires-stock-grant-2021-11 We become a public company today [11/10/21]https://community.expensify.com/discussion/8596/we-become-a-public-company-today-11-10-21 39:50 – Xero Acquires Inventory Management Company LOCATE Inventoryhttps://www.cpapracticeadvisor.com/accounting-audit/news/21246049/xero-acquires-inventory-management-company-locate-inventory 41:11 – Xero’s half year 2022 financial results | Xero Bloghttps://www.xero.com/blog/2021/11/half-year-2022-financial-results/ How we’re enhancing inventory management in Xero | Xero Bloghttps://www.xero.com/blog/2021/11/enhancing-inventory-management/ 43: 51 – Sage adds Zapier to marketplace | Accounting Todayhttps://www.accountingtoday.com/news/sage-adds-zapier-to-marketplace 44:39 – Toast, Inc. (TOST) Q3 2021 Earnings Call Transcripthttps://www.fool.com/earnings/call-transcripts/2021/11/10/toast-inc-tost-q3-2021-earnings-call-transcript/ 45:37 – Bill.com Introduces New Product Features at Sage Transform, Continuing Innovation that Makes it Simple for Small and Midsize Companies and Accountants to Do Businesshttps://www.bill.com/about-us/press-release/billcom-introduces-new-product-features-sage-transforms 46:27 – Melio releases three new features 46:45 – Relay Financial releases a new set of features 47:56 – MyCase Announces Product Enhancements, Acquisitions to Enable Law Firm Successhttps://www.prnewswire.com/news-releases/mycase-announces-product-enhancements-acquisitions-to-enable-law-firm-success-301419371.html 48:38 – LegalZoom Acquires Leading Virtual Mailbox Provider, Earth Class Mailhttps://www.globenewswire.com/news-release/2021/11/10/2331550/0/en/LegalZoom-Acquires-Leading-Virtual-Mailbox-Provider-Earth-Class-Mail.html 50:44 – Payroll Software Startup Wrapbook Gets Unicorn Status After Latest Funding Round – Bloomberghttps://www.bloomberg.com/news/articles/2021-11-10/tiger-global-bets-on-wrapbook-vaulting-it-to-unicorn-status 51:58 – Zenwork raises $163M | Accounting Todayhttps://www.accountingtoday.com/news/zenwork-raises-163m 52:49 – Knowify secures $5.45M in Series A financing led by MassMutual Ventures and Companyon Ventureshttps://www.prnewswire.com/news-releases/knowify-secures-5-45m-in-series-a-financing-led-by-massmutual-ventures-and-companyon-ventures-301422267.htmlGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and...
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What this episode covers
There's a lot going on in the accounting metaverse! We've got a ton of takeaways from Sage Transform (the annual Sage Intacct conference), some excellent listener feedback on crypto, to which we provide clarification on our crypto "beliefs," and questions. There's a ton of techy accounting app news, including Expensify's IPO, Xero's Square of Locate Inventory, Toast earnings, and new feature releases from Bill.com, Melio, and Relay Financial. We'll also discuss Legal Zoom's acquisition of Earth Class Mail, and inspect funding rounds by Wrapbook, ZenWork, and Knowify.
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Accounting Metaverse
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