EPISODE · Nov 27, 2019 · 53 MIN
Is bookkeeping a $10 billion market opportunity? Intuit thinks so
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsOnPay: http://cloudaccountingpodcast.promo/onpayOnPay is offering an exclusive promo code only for the listeners of The Cloud Accounting Podcast to get three free months of OnPay payroll service for any of your clients that you set up by February of 2020! Visit the sponsor link, and use code "CAP3FREE" to take advantage of this offer! Show Notes00:32 – See Brad. Be like Brad. When in doubt, buy TWO Cloud Accounting Podcast shirts! 01:52 – Same ol' sitch ... The new slew of tech banks don't seem to offer anything different than normal banks02:36 – Who doesn’t need more flair? Chris Macksey shows you how to add some to your QBO Chart of Accounts! 03:21 – 😎 We've got reviews! 05:17 – Thanks to @sovereign_cloud, and his tweet about Episode 82, we made the CPA Alberta Mag!06:30 – FreshBooks hit the international scene, opening offices in Amsterdam and Raleigh, NC | Accounting Today and CPA Practice Advisor06:51 – Coming to (useless) terms – the MyPayrollHR fiasco continues as Pioneer Bank and Michael Mann agree to settlement | Times Union 07:33 – Former Intuit man, Rich Preece, finds a new home at LegalZoom | Business Wire 08:21 – Fintech Unicorn Bill.com Files For $100M IPO | Crunchbase09:20 – Some interesting factoids from Bill.com’s S-1 | SEC10:56 – What’s the hold up with Big Tech companies becoming banks? | Fortune 13:02 – Sage Full Year 2019 – The numbers are in! | Sage15:57 – Intuit numbers are in, too! | Intuit 19:31 – Soup to nuts, Bench partners with Taxfyle to offer a broader range of services to the smaller business set | Bench22:26 – BlueVine raises $102.5M more for banking services that target small businesses | TechCrunch25:18 – LeaseQuery’s Series-A round rakes in $40M | AMERICANINNO26:19 – It pays to shop around? PayPal’s biggest acquisition to date - Online Coupon Site Honey – carries a $4 billion price tag | Bloomberg Quint28:45 – Tipalti Partners With AR Automation Firm YayPay | PYMNTS.com 30:37 – How APIs Drive Payroll-Accounting Connectivity | PYMNTS.com 33:42 – More troubles for Canopy Tax 37:57 – Wolters Kluwer Launches Client Collaboration Module | CPA Practice Advisor38:17 – Marketing genius or epic fail? Scaling New Heights 2019 “Strategic Pivot” | Woodard.com43:33 – Is Intuit really stealing work from bookkeepers? Almost 300 thought so … | AVAAZ.org47:00 – Can California fix what ails it? | Accounting Today48:43 – Food-delivery services, like DoorDash and Uber Eats, fail to collect taxes | VOX Recode51:09 – Recent survey reveals the biggest tech challenges facing CPA firms at the moment | CPA Trendlines Get 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 write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! Meet Blake in person! December 9-11: Digital CPA Conference in SeattleLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast
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What this episode covers
All the news that's fit to account for, including: Bill.com files for $100M IPO; Sage releases their full year 2019 results; Intuit releases Q1 earnings; Bench partners with Taxfyle for monthly, fixed-fee books-to-tax service; BlueVine raises $102.5M; LeaseQuery raises $40M Series A; why chrome extensions might be your biggest security threat as an accountant or bookkeeper; Canopy bails on its Tax Prep product; Scaling New Heights Online fails; California has a plan to retroactively collect sales tax from out of state online retailers; and more!
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Is bookkeeping a $10 billion market opportunity? Intuit thinks so
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