EPISODE · Oct 29, 2021 · 1H 3M
NetSuite's Never Ending Mission
from The Accounting Podcast · host Blake Oliver & David Leary
SponsorsRippling: https://cloudaccountingpodcast.promo/ripplingBaCo Tech: https://cloudaccountingpodcast.promo/baco Client Hub: https://cloudaccountingpodcast.promo/clienthubNeed CPE? Subscribe to the Earmark Accounting Podcast: https://podcast.earmarkcpe.comGet CPE for listening to podcasts with Earmark CPE: https://earmarkcpeShow Notes1:25 – The Scoop on SuiteWorld 2021https://www.netsuitesuiteworld.com/ 3:17 – Sneak Peek at our talk with Evan Goldberg, founder of NetSuite. You can hear the whole interview here: https://www.cloudaccountingpodcast.com/bonus250 15:00 – NetSuite Announces SuiteBanking, the First Cloud ERP to Integrate Fintech into a Unified Suitehttps://www.netsuite.com/portal/company/newsroom/netsuite-announces-suitebanking,-the-first-cloud-erp-to-integrate-fintech-into-a-unified-suite.shtml 24:00 – We’re talking about Kevin O’Leary’s SuiteWorld keynote, and the three things CAP listeners need to hear — elevator pitch, proven track record, and know your numbers 27:53 – New rules taxing businesses using PayPal, Venmo in 2022https://www.pahomepage.com/top-stories/new-rules-taxing-businesses-using-paypal-venmo-in-2022/ 31:41 – Blake thinks it’s best to take a ‘wait and see’ approach in this so-called proposal, until it’s a real proposal 32:11 – Plaid Builds Partner Ecosystem to Simplify A2A Paymentshttps://www.pymnts.com/pymnts-post/news/partnerships-acquisitions/2021/plaid-builds-partner-ecosystem-simplify-a2a-payments/?c=mobile-wallets/page 33:58 – Clients prefer tech-savvy accountantshttps://www.accountingtoday.com/news/clients-prefer-tech-savvy-accountants 37:24 – Xero wants to help your employees run all their own processeshttps://www.techradar.com/news/xero-wants-to-help-your-employees-run-all-their-own-processes Xero Me – Non-U.S. apphttps://central.xero.com/s/article/Xero-Me-for-mobile 38:40 – The Guidance Gap: New Research Reveals Businesses Need Advice on People Operationshttps://gusto.com/company-news/the-guidance-gap-new-research-reveals-businesses-need-advice-on-people-operations 41:05 – Practice Ignition and Gusto Partner to Launch First-Ever Integration to Accelerate Adoption and Knowledge of People Advisoryhttps://www.practiceignition.com/news/practice-ignition-and-gusto-partner-to-launch-first-ever-integration-to-accelerate-people-advisory 41:43 – Blake talks an invitation for early access to Gusto’s mobile device management offering 42:55 – Expensify Launches Free Plan for Small Businesseshttps://www.businesswire.com/news/home/20211018005215/en/Expensify-Launches-Free-Plan-for-Small-Businesses 45:47 – Inside Expensify’s IPO filinghttps://techcrunch.com/2021/10/18/inside-expensifys-ipo-filing/ 46:37 – Fiserv to acquire BentoBoxhttps://www.finextra.com/pressarticle/89810/fiserv-to-acquire-bentobox 47:01 – Sovos to Acquire Istanbul-Based e-Transformation Compliance Company Digital Planethttps://www.prweb.com/releases/sovos_to_acquire_istanbul_based_e_transformation_compliance_company_digital_planet/prweb18274410.htm 47:29 – Avalara Acquires CrowdReason to Help Businesses Manage Property Tax Compliancehttps://www.cpapracticeadvisor.com/sales-tax-compliance/news/21242816/avalara-acquires-crowdreason-to-help-businesses-manage-property-tax-compliance 49:55 – Businesses spend heavily on sales tax compliancehttps://www.accountingtoday.com/news/businesses-spend-heavily-on-sales-tax-compliance 50:55 – Survey: Nobody Loves the Wayfair Decisionhttps://cpatrendlines.com/2021/10/18/nobody-loves-the-wayfair-decision/ 51:51 –Stripe will acquire Recko to help internet businesses automate payments reconciliationhttps://stripe.com/newsroom/news/recko 53:59 – Coinbase stock rises after Facebook taps it for help on new cryptocurrency projecthttps://www.cnbc.com/2021/10/19/facebook-taps-coinbase-for-digital-wallet-novi.html 54:19 – Intuit Introduces Money by QuickBooks, Mobile Banking Designed for Small Businesseshttps://investors.intuit.com/news/news-details/2021/Intuit-Introduces-Money-by-QuickBooks-Mobile-Banking-Designed-for-Small-Businesses/default.aspx 57:12 – PayPal is in late-stage talks to acquire Pinteresthttps://www.cnbc.com/2021/10/20/pinterest-shares-soar-following-report-paypal-may-buy-it.html 59:27 – IRS begins using videoconferencing to meet with big businesses
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What this episode covers
Blake and David are back from SuiteWorld with takeaways galore! Also on the show: we'll explore what's really going on with the proposed bank reporting scheme, and talk about how Plaid is building a payments ecosystem. We'll look at a new survey says that clients prefer tech-savvy accountants, and discuss how Xero's making it easier to upload docs through Xero Me. We'll also examine why many employers would pay more for people advice, and look into Gusto's integration with Practice Ignition, and expansion into mobile device management. Because that's never enough, we'll also talk about Expensify going free, Fiserv's acquisition of BentoBox, Sovos' acquisition of Digital Planet, and Avalara's acquisition of CrowdReason. We'll also touch on the reasons why a shocking number of small businesses are out of compliance with out-of-state sales taxes, Intuit's rollout of Money by QuickBooks, and the IRS's use of videoconferencing. All this, and, of course, much more!
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NetSuite's Never Ending Mission
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