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  • While few may consider accountants to be on the cutting-edge of technology, that thinking is about to change. No longer will accountants and bookkeepers be categorized as bifocal, corduroy-wearing bean counters, but in the coming years the industry as a whole will play a significant role in driving the adoption of one world-changing technology. That […]

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  • Cash when treated like any other commodity, follows many of the same fundamental principles. Thus, it is useful knowing the norms and standards which have been set in place by banks and credit unions in their processes. It is imperative to understand and debunk some common myths to fully utilize efficient cash management practices. CASH […]

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  • FinTech or financial technology as it is better known is a new sector which has seen unbelievable growth in the past few years. It does not come as a surprise that there are some who understand it better than others and hence, there are many misconceptions about it that are easily believed. Many are of […]

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  • Procrastinating A common shortcoming for any workplace is procrastinating, and users of cloud accounting packages can similarly find themselves. The subscription is on and yet the service is not being utilized to its full, despite knowing the full capacity. The problem is that there is already a fully functioning IT based finance system, possibly on […]

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  • Cloud accounting is rapidly getting the attention of accountants across the world. At first, the Cloud was used for recreational activities, such as storing and accessing music and has since moved into the business world. While we live with the fear of hacking, internet providers and internet services have developed credible reputations in being able […]

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  • When I came to the U.S., I thought I was just going to learn about American business and return home. Things ended up turning out much differently. Today, I run a thriving company and recently moved into a new home here in San Francisco. While settling in at my new place, I re-read parts of […]

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  • Over the past decade, the nature of currencies used across the world may have shifted, but the underlying principles that make transactions happen have stayed the same. According to numerous financial industry analysts, 2017 may be the year that financial technology, commonly shortened to fintech, either transforms financial services or spectacularly implodes. I’ve read dozens of articles over the...

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  • I believe artificial intelligence (AI) is about to transform the accounting industry. Automation, machine learning and big data are already impacting how accountants serve clients. Until recently, accounting technology existed to make certain tasks easier, but did not challenge accountants to re-think business practices. This is changing. The Tipping Point The writing has been on the […]

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  • Repost from original publication: https://www.forbes.com/sites/forbestechcouncil/2016/11/17/how-to-save-time-and-money-through-automation/ With all the tools currently available to businesses, I cannot believe how much time is still spent on manual tasks. I’ve seen the possibilities for and impact of automation in accounting firsthand, but it’s also transformed a wide range of other processes such...

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  • Founding a successful technology company has been the highlight of my professional career. And doing so away from my home country means I have a unique perspective on the journey of a founder in the United States. When I was a manager in a big corporate finance department, I saw how much organizations wasted processing […]

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  • Repost from original publication: https://www.accountingweb.com/technology/trends/why-accountants-are-the-future-champions-of-small-businesses It’s crunch time for the accounting profession and it is currently failing its clients by not properly advising them on the most effective software solutions, creating an unscalable and inefficient global problem. There are approximately 29 million small bu...

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  • Accountants have, for many years, relied on a set of skills that has changed little since double-entry bookkeeping first appeared. Even the growth of software-based accounting did little to drastically changed accounting practice, as the systems mostly mimicked traditional accounting with additional features, such as removing manual arithmetic and error checking being enhanced by the […]

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  • As with anything new, and in terms of industry, the 8 years or so of Fintech makes it a relatively new, myths emerge about almost every aspect of it, often as a result of the fact that people generally don’t understand it. Fintech has grown rapidly, and the myths surrounding it have grown too. With […]

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  • Businesses across the world now have access to the most exceptional accountancy services through the power of the cloud, but as with any financial choice for companies, they are often slow to grasp such opportunities. However, a conservative approach to financials may be a trait of business in general, but there is still plenty to […]

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  • 1. Goals setting Successful Small Business Owners can teach you about goal setting. Without adequately setting goals and determining the final destinations companies cannot achieve success. Successful Small Business Owners can illustrate how they achieved success by setting goals. 2. Stop wasting time in thinking too much Successful Small Business Owners execute, they never procrastinate […]

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  • Value of cryptocurrencies goes up and down day by day, and there are multiple risks associated with cryptocurrencies. People having little knowledge towards cryptocurrencies can face huge losses in investment. Investors should be familiar with the signs that indicate to invest in the cryptocurrencies. Best articles on signs to invest in the cryptocurrencies: 7 Signs […]

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  • Financial and Cost Managerial Accounting provides the information about the expense, cost, revenue or sales, liabilities and capital stock. Accounting is basically a language of the business that describes the complete information about the current, past and future condition of the business. Managing the transactions, posting the entries in the journal general and maintaining the […]

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  • The digital currency Bitcoin uses direct money transaction system. The quick tips about the bitcoin are to acknowledge you how to use this bitcoin in the right and most desired ways. Bitcoin can be used to purchase the goods on e-commerce websites as the digital currency. Not only used in e-commerce, but also used in […]

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  • The Revolution of FinTech Dawn of the modern era is summed up by the revolutionizing impact of Fin-Tech on our daily lives. The onus of effort by Fin-Tech has been on consumer convenience. While many stares at FinTech options with pessimism, it is still a promising industry and one which is bound to produce more […]

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  • Financial Technology is also known as FinTech. It is a new form of financial dealings that deals with the delivery of new and advance methods, as opposed to traditional techniques been brought down through the ages. A general example of FinTech is the smartphones we use every day in our daily routines for all sorts […]

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  • Small businesses often lack a particular set of skills that keeps them “small” and stops them from growing into something big. These businesses don’t invest time and research, into how they could save time and money. They work on the traditional business methods, picture an office with a 70s file cabinet and a manual attendance […]

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  • Wallets tend to carry a substantial amount of quick wealth available to us. However, there are several new modes of payments which Americans are now considering to use. Let us have a look and discuss the 5 such new tools in the financial industry which continue to shape our monetary activity and its outlook. These […]

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  • How are cryptocurrencies even worthy when I can’t feel them like a $100 bill? This is the most common argument when talking to people about cryptocurrency, mostly because it is not easy to understand the evaluation of this asset. My first response: Why is money worth anything? It is just paper or digits in your […]

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  • Providing Nimble Accounting Automation Tools in an Uncertain Environment Disruption is increasingly becoming a bigger and bigger constant in today’s business environment. That’s proving to be both an opportunity and a challenge. An innovative new automation tool that helps business run more smoothly and efficiently is what I like to call positive disruption. Unnecessary immigration, tax […]

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  • We have some new and exciting features! We continue to add product features to make your life easier by making Entryless more robust and easier to use. We continue to speak and listen to our customers and take action on the feedback we receive directly. Before going into detail, we also wanted to send you […]

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  • As you might have already read. Our CEO has recently been speaking directly with some of our customers! He’s been hearing them and enjoyed the conversations on the areas to improve and to prioritize features. We are very excited that we’ve been very busy by adding tons of features coming directly from our customers and […]

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  • Many people don’t realize it, but entering bills, receipts and invoices into your cloud accounting systems is a great burden for any organization. Bill automation process can be efficient and provide powerful information to make intelligent decisions. Find out why Entryless has been recently featured on Forbes, Inc Magazine, Washington Post, PYMNTS.COM, AccountingWeb, CPA Practice Advisor and […]

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  • New Feature: Check Scheduler Using Entryless Payments in the USA gives you a great deal of flexibility, particularly now that you can schedule a check payment for a future date. The check will be printed and mailed on that date. Check payments clear when the supplier cashes the check. The new feature reconciles your cloud accounting by […]

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