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TitlePub. DateDuration
Cry me a River - Digital Disruptor Awards Tickets are on sale! || PLUS App News and some nonsense about a tent28 Aug 202400:33:41

Back again with another pod and the latest App News from the accounting tech space - including everything from the much-anticipated Digital Disruptor Awards to the latest updates from Xero, QuickBooks, and more.

 

Ryan juggles the chaos of a newborn, while John reminisces about tent life and questionable camping experiences - in stark contrast to Indi's adventures with mostly-indoor Danish hospitality and colossal steaks.

 

All this, sprinkled with our usual tangents about mermaid statues, passionate embraces, and an egg-splitting science lesson.

 

Grab your ticket to the awards coming up in September! https://www.digital-disruptors.com/awards

 

00:00 Hello!

 

App News

~~~~~~~~~~~~~~~~~~~

03:19 Bundle Blunder?

08:47 Intuit Making Trade Gecko Stick

12:40 XBert gets more expert

15:30 Dext Precision Customisation

19:22 Deputy Dawg

20:50 FreeAgent Timesaving update

21:56 Intercompany Turf War Brewing?

 

24:51 John's Tent Trip Debrief

33:10 Rate and subscribe!

Digital Disruptor Awards, AI to CREATE jobs?! and a class-clash on holidays || PLUS Employment Hero21 Aug 202400:52:12

The Digital Disruptors are back again (mostly) with another update on all things cloud accounting.

 

As we navigate the holiday madness, new tech debuts, recruitment Tinder and a plethora of “plethoras” - we’re asking for your support in nominating the great and good of the UK accounting tech scene.

Nominations for the Digital Disruptor Awards close tomorrow evening - get your nominations in here: https://forms.gle/8L3JZ4KNq7D5NGS49

00:00 Intro

~~~~~~~~~~~~~~~~~~~~~

App News

05:16 Silverfin Spotted Hunting in Australia

07:48 Sage Wars: The AI Awakens

10:35 I Love Lucy

11:29 Gary Potter and The Prisoner of AI-zkoban

13:53 Return of the Jack

15:20 QBO HMRC CIS API! (wtf?)

16:11 Please, Xero - Can I Have Some More Apps?

 

19:36 The Tinder for Recruitment - Employment Hero

 

27:54 Get off My Land!

34:32 Interview - Silverfin & MYOB, Sitting in a Tree

 

51:32 Leave a review (and don’t forget to nominate!)

All things AUDIT! Intelligent Automation with Vidya Peters from Datasnipper04 Apr 202401:09:02

Join John while he interviews Vidya Peters on her time so far with Datasnipper. Ex-Marqeta COO, Vidya was appointed CEO of Datasnipper, an intelligent automation platform that recently raised $100 million in a Series B funding round at a valuation of $1 billion. John catches up with Vidya to find out the plan for growth in the UK and all things accounting.

Also we find time with Vipul Sheth, CEO of AdvanceTrack, to talk more on the opportunity for mid-tier firms and trends he's seen on recruitment of talent in the space.

In this week's app news:

Being an Accounting Entrepreneur with Eriona Bajrakurtaj, MD of Major's Accounts18 Mar 202400:51:45

This week we are joined by MD of Major's Accounts, Eriona Bajrakurtaj, who talks about her entrepreneurial journey from very humble beginnings to being one of the most enterprising female entrepreneurs in the accountancy industry. If you're looking at how to shake up your Practice and press a hard reset, give this a listen to see if Eriona's playbook could work for you.

Also we're joined by Vipul Sheth, the CEO of AdvanceTrack Outsourcing, who talks about the value of his tech stack and data. Outsourcing is not for every firm but at a time where finding good talent is not easy, AdvanceTrack are leading the way on remote management of resources with a tech first approach.

Finally in this week's app news:

Sabby Gill, CEO of Dext, levelling up on Bookkeeping Data Automation27 Feb 202401:01:59

This week we're joined by the super impressive Sabby Gill who talks to us about how Dext has levelled up on its core product, Bookkeeping Data Automation. We cover latest changes and priorities for the business as well as Dextension and the application of AI in the roadmap.

Also in this week's app news:

Latest App News and MazApp by Lucy Cohen secures additional investment11 Feb 202400:45:00

Hear the latest app news with Ryan, John and Indi:

We also catch up with Lucy Cohen from Mazuma about her latest raise and plans for their proprietary data capture app MazApp. Is AI next on the roadmap?

Socket to us Johnny Gaunt, what’s on the 2024 accounting tech agenda26 Jan 202400:53:44
New Year New You... Same Old DTIAW with a Bumper App News14 Jan 202401:04:10

Join our Digital Disruptors community to keep updated on the latest app news and events we'll be running this year.

This week we have a bumper app news to kick off 2024 and we take a look back at 2023 on apps we would bed, buy, bin based on their releases and forward plans.

In app news this week:

2023: that’s a wrap. Intelligent Automation with Bots For That & which 2024 accounting event are you bedding, buying or binning??!27 Dec 202300:48:45

End of the year and that's a wrap for 2023. We end on the same note as we started with AI, or as Daniel Lawrence of Bots For That puts it, "Intelligent Automation".

 

Have you considered RPA or using AI of manual tasks such as bank reconciliation rather than hiring? Well this tidy interview gives you an idea of how other accounting firms are using intelligent automation in their processes. Seems like a fitting end to the year that has been all things AI.

 

And in app news this week: 

Finally BED, BUY or BIN for accounting events - what is coming up in the next few months. We cover the events we're putting in the bed, buying or binning off. Caveat - we are signed up to all of them including the inaugural FAB event run by Accounting Web in Birmingham this year. See you there!

What’s Appening With Sage / QBO / Xero? Meet Transluscent by ex-Dext Founder Michael Wood15 Dec 202300:52:52

Latest app news covering the numerous software and business updates, this week we feature:

 

Followed by a sneak peek into Michael Woods’ latest venture, Transluscent, backed by an all-star line league of accounting tech veterans. 

If you like this episode and haven’t reviewed us yet, don’t forget to take 2 minutes to write us one. Thanks!

Payroll Software - who do we bed, buy, bin? From Coconut to Oak North - joined by Sam O’Connor05 Dec 202300:44:48

In this episode John spends some time with Sam O'Connor, GM at Oak North and ex-Co-Founder of Coconut, for a post mortem on the exit of Coconut. As most will recall Coconut exited earlier this year to GoSimpleTax - thanks to a delayed MTD for ITSA. But we hear all about how Oak North, one of the fast growth and profitable Banks in the UK is working with Accountants in the UK.

 

Followed by a bed, bin and buy session with John and Ryan on payroll bureau softwares. That's right, we tell you who we would get into bed with, buy or bin it. 

 

We return next week with a bumper app news - but if you need your fix sooner - subscribe to app news on the all new Digital Disruptors website.

Alex Von Schirmeister, Xero’s EMEA MD, talks all things small business + App News19 Nov 202300:44:30

In this episode we're joined by Alex Von Schirmeister, Xero's EMEA MD, who talks all things small business fresh off the back of the Small Business Accounting Report released by Xero earlier this month. 

Hear about the work being done by Xero in Number 10 on rooting out late payments aka unapproved debt as well as news on the big priorities in Xero right now.

In app news this week:

Fintech Fraud - Too Fast, Too Furious || PLUS App News and Employment Hero14 Aug 202401:01:15

Are Fintechs moving too fast to keep cybercriminals out?

This time we’re talking compliance! And not your boring, garden variety compliance (although Indi probably has some of that on the grounds somewhere).

No, the kind that leaves the door open for some cockwomble in a server dungeon to steal tens of thousands of pounds if it’s not done properly.

Yeah - that’s sort of compliance.

Bad actors, or fintechs asleep at the wheel? Let’s find out…

Also - the question on everyone’s lips - what colour is Indi’s aura? All will be revealed in the pod!

 

 

0:00 Hello!

01:58 Foraging in Indi's back garden

 

~~~~~~~~~~~~~~~~~

App News

04:05 Tech Layoffs - Intuit (and Dext?)

07:29 Dext Upcoming Releases

08:41 Allica way you move

10:24 New App: Briefcase

12:11  New App: Pinvo

13:44 Cone as you are

16:34 Free Market FreeAgent

17:41 45 mins of Xero Releases

20:50 BrightPay Cloud Enhancements

22:28 OpenTax from Adsum

 

26:01 New Advisory Service Opportunities - Employment Hero

 

31:32 I'm Auright, you're Auright

 

34:20 Fintech - Fast and Furious

40:22 Fintech - Fast and Furious- Alex Falcon

 

59:56 Rate the pod!

Pod Collab’s: Alex Falcon on Practice life from down under, Aaron Patrick+Johan Goree on all things QBO07 Nov 202301:06:50

A very juicy episode - in just over an hour we cover app news, the latest from QuickBooks conference and a pod collab with Aaron Patrick and Johan Goree, as well as a hop over to the other side of the world to join Alex Falcon from Soaring Falcon on her latest Practice priorities.

Kicking off with Damon from Employment Hero on whether how real time reporting is delivering impact right across the industry.

In app news this week:

  1. Glen foster to Dext - https://www.linkedin.com/posts/glenfoster1_bebrave-beexceptional-betogether-activity-7115691612726272001-xWj1?utm_source=share&utm_medium=member_ios
  2. Bright appoints new CEO https://www.accountingweb.co.uk/tech/accounting-software/bright-appoints-stephen-murdoch-as-new-ceo
  3. Xero AI powered contact predictions https://www.xero.com/blog/2023/10/new-ai-powered-contact-predictions/
  4. Xero single client record - https://www.xero.com/blog/2023/10/single-client-record-is-coming/
  5. Sage new releases https://www.linkedin.com/posts/chris-downing_feel-like-software-update-webinars-are-a-activity-7118128655003742208-Yqlv?utm_source=share&utm_medium=member_ios
  6. QBO - roadshow
  7. Ignition new features - https://www.ignitionapp.com/news/ignition-unveils-latest-innovations-to-enable-accountants-and-professional-services-to-maximize-revenue
  8. Nook brings in multi step approvals
  9. Confirmation.com new UX
  10. Visma deal for Silverfin €300m https://www.accountingweb.co.uk/tech/accounting-software/visma-snaps-up-silverfin-in-eu300m-deal
  11. Googles makes passkeys default - https://techcrunch.com/2023/10/10/google-makes-passkeys-the-default-sign-in-method-for-all-users/
  12. France to roll out e-invoicing 2026 - https://www.accountingweb.co.uk/business/finance-strategy/france-sets-the-ball-rolling-on-e-invoicing
S3 E4 - Will Farnell & The Human Firm, Damon Anderson on data security & a bucket load of the latest app news19 Oct 202301:10:00

In this episode we're joining Damon Anderson to talk data security in payroll tech. Followed by a flashback interview with Will Farnell post the launch of his book The Human Firm earlier this year - we talk tribalism, kindness and commercialising accounting. 

App News this week has run a little off schedule but in this week we cover a range of topics from the 40 minute mark:

S3 Episode 3 - Heather Smith Disrupts! App News Latest26 Sep 202301:00:00

Seems only fitting Heather Smith joins us for the introduction of our new network, the Digital Disruptors, to talk about the value of networks, introverts and peer learning opportunities.

What networks are you part of? Do you have a unique perspective to share? Come and join our Digital Disruptors network.

In this week's app news:

  1. Intuit posts great results - https://intuitiveaccountant.com/in-the-news/people-and-business/intuit-reports-strong-fourth-quarter-and-full-year-results/
  2. Xero publishes its industry performance report
  3. Stuart Hurst's 4 day working week success – Accounts and Legal - https://www.linkedin.com/posts/stuart-hurst-cloud_friday-work-staff-activity-7100846229986717696-i_lz?utm_source=share&utm_medium=member_ios
  4. Phoenix from the ashes - Reducer is back
  5. Snap! Waddle rises again too - https://thepaypers.com/online-mobile-banking/cbas-acquisition-of-waddle-strengthens-[…]=email&utm_campaign=Daily+2023-09-07+Daily-Newsletter-Banking
  6. FYIs largest ever release - https://www.linkedin.com/posts/cameronrobert_exciting-news-fyi-is-launching-a-new-activity-7102110524343013377-Rp1U?utm_source=share&utm_medium=member_android
  7. Syft – multiple releases 
  8. GoProposal in AML - https://www.accountingweb.co.uk/tech/practice-software/goproposal-enters-the-aml-arena
  9. Intuit launches AI powered assistant - https://techcrunch.com/2023/09/06/intuit-assist-generative-ai-assistant/ & https://intuitiveaccountant.com/in-the-news/people-and-business/meet-intuit-assist/
  10. Dextension - https://info.dext.com/dextension
  11. Restore signs £140 deal with HMRC for digital comms - https://www.accountancydaily.co/restore-signs-ps140m-digital-communication-deal-hmrc
  12. Freshpay in Xero app store - https://x.com/xeroapi/status/1700026367226622417?s=12&t=P8Y4JmhL4HglZr3bauCj4Q
  13. Wunderbuild in app store - https://x.com/xeroapi/status/1699965915968720896?s=12&t=P8Y4JmhL4HglZr3bauCj4Q
  14. Setyl on Appstore - https://x.com/xeroapi/status/1700992688550809761?s=12&t=P8Y4JmhL4HglZr3bauCj4Q
  15. Advancetrack win battle with GI Outsourcing - E-Accounting Solutions Ltd t/as AdvanceTrack v Global Infosys Ltd t/as GI Outsourcing
Season 3 Episode 2: Throwback to John taking the piste, latest app news, what will Jonny Gaunt do next?05 Sep 202300:40:00

We are rolling on with episode 2.

In this episode we throw back to the time where John was incapacitated and locked in a Flinder chalet - left to his own devices he pondered life's big questions... and mainly what Jon Gaunt would do next post his exit from Dext. Joined by some friendly faces, Alex Bond Burnett, Pamela Phillips, Luke Streeter and Dave Sellick.

Damon from Employment Hero gives us another 5 minute dose of the benefits of integrated HR, payroll and AI.

We also cover in app news:

  1. Xero launch beautiful business fund – financial awards for small businesses - deadline in a month - Xero unveils new AI tools, $690,000 Beautiful Business Fund (smartcompany.com.au) , https://www.intuitiveaccountant.com/accounting-tech/vendor-news/xero-beautiful-business-fund-submissions-now-open/
  2. Xero product announcements Sydney 2023 - Product wrap from Xerocon Sydney 2023 | Xero Blog
  3. Xero sneak peek at inventory upgrade from US roadshow - US Roadshow Accelerate: Xero brings the product announcements (and the noise) | Xero Blog
  4. QBO fixed asset module (US) - Whats New in QBO: Fixed Asset Management in QBO Advanced - insightfulaccountant.com (intuitiveaccountant.com)
  5. Apron raises $5.5m in funding round,  available for charities and launches confirmation of payee Say hello to Apron: the powerful payment platform that’s raised $5.5M in funding | AccountingWEB New feature: charities are now welcome on Apron | AccountingWEB It's a match! New feature: Confirmation of Payee | AccountingWEB
  6. Silverfin goes live AI assistant - Silverfin boots up AI assistant | AccountingWEB
  7. FreeAgent using AI - How FreeAgent uses AI | AccountingWEB
  8. Firmcheck (formerly connectworks) hire Kevin Lord – Head of Sales at Freeagent and Chaser
  9. Translucent accounting raises £5m seed round - Translucent Accounting Platform Raises £5M Seed-round - insightfulaccountant.com (intuitiveaccountant.com)
  10. Reflow added to Xero app store – field management for construction, highway management etc – now over 1,500 apps on the xero app store worldwide and over 20,000 that connect via the API (thanks to heather smith for that insight)- XeroAPI on X: "Welcome to the UK @Xero App Store, @reflow247! Re-flow's field management software for construction, highway management, civil engineering, rail and landscaping helps firms & industry heavyweights M.V. Kelly, Colas & BMI, reach the next level. Details: https://t.co/BlWLcvOdOd https://t.co/gijCpcp2Hl" / X (twitter.com)
  11. Empowered by cloud – Laura Taylor construction focussed accountancy firm trial 4 day working week, reverted after 4 weeks(2) Post | LinkedIn
  12. Incompetent accountant - Incompetent accountant showed no grasp of CGT | AccountingWEB
  13. IRS set to go paperless by 2025 - IRS Set to Go Paperless by 2025 - insightfulaccountant.com (intuitiveaccountant.com)
  14. ICAEW launch enquiry into gaps in HMRC digital journey - Gaps persist in HMRC’s digital service journey | AccountingWEB

Thanks to Leigh @ Nomad for his seriously sharp editing skills.

Back for good! Rolling with Season 322 Aug 202300:51:57

It's Season 3 and we're all set for another season with our new editor in tow, thanks to Leigh at Nomad Video. In this episode we cover app news, the big pricing debate and an intro to Damon from Employment Hero.

In app news this week:

Xero and Dext price increases (also Sage) - Dext pricing change from today | AccountingWEB Fathom – budget release – Adding Budgets for Divisions | Fathom Help Centre (fathomhq.com) ApprovalMax or Cin7 Core - (1) New Messages! (approvalmax.com) QBO aligned navigation - QuickBooks Online Navigation Revisions Coming Soon - insightfulaccountant.com (intuitiveaccountant.com) Intuit pulls QuickBooks from France - Intuit is 'Turning Out the Lights' in France - insightfulaccountant.com (intuitiveaccountant.com) QuickBooks workforce App - New QuickBooks Workforce App Goes International - insightfulaccountant.com (intuitiveaccountant.com) Bright launches proposal software (Bright Propose) - Bright launches new proposal software tool | AccountingWEB FYI sharepoint integration - FYI Software brings greater collaboration with SharePoint integration | AccountingWEB UK government considers open banking through gov.co.uk Pay

Interested in joining us for an episode? Or joining our network? Get in touch.

Episode 3 - App News, Top Networks & Introducing Allica08 Feb 202301:00:00

Switching things up in this episode with the introduction of a rant of the week, top tips in the form of networks we think are worth joining. Also a mini intro to Conrad Ford, ex Founder of Funding Options and now CPO/CSO of Allica Bank who is looking to shake the accounting tech market back up.

As always leave us some feedback, a review or share this with someone you think may benefit.

App news this week covers:

  1. Company insolvencies rise in Dec - https://www.accountancytoday.co.uk/2023/01/17/company-insolvencies-rise-32-in-december/
  2. HMRC can't blame pandemic - https://www.accountancyage.com/2023/01/11/hmrc-cant-blame-the-pandemic-for-all-its-customer-service-failings-says-mp/
  3. Xero new marketing push - https://www.linkedin.com/posts/adam-keal-63195b_xero-misconceptions-lets-clear-it-up-shall-ugcPost-7019339684807901184--_vf?utm_source=share&utm_medium=member_ios
  4. Ignition 10% staff cut - https://www.linkedin.com/posts/activity-7020865045949534208-BYRD?utm_source=share&utm_medium=member_ios https://www.accountingweb.co.uk/tech/practice-software/tech-slump-spreads-to-practice-software
  5. Treasury considers UK digital pound https://www.bbc.co.uk/news/technology-64224950
  6. Microsoft GPT latest - https://www.theverge.com/2023/1/9/23546144/microsoft-openai-word-powerpoint-outlook-gpt-integration-rumor
  7. Mayday BRAG - https://www.getmayday.com/brag
  8. Intuit business network - https://investors.intuit.com/news/news-details/2023/Intuit-QuickBooks-Business-Network-to-Accelerate-and-Automate-B2B-Payments-for-Millions-of-U.S.-Businesses/default.aspx
  9. Quickbooks banking enhancements - https://www.intuitiveaccountant.com/accounting-tech/general-ledger/january-brings-banking-enhancements-to-quickbooks/
  10. Mailchimp launches campaign manager and webhooks - https://investors.intuit.com/news/news-details/2023/Intuit-Mailchimp-Launches-Campaign-Manager-and-Webhooks/default.aspx
  11. Ecologi joins Xero Appstore - https://www.xero.com/blog/2022/11/small-businesses-net-zero-ecologi/?utm_source=DSMN8&utm_medium=LinkedIn
  12. Sortscape – law and garden maintenance tool for xero appstore https://twitter.com/xeroapi/status/1615832497266335766?s=12&t=89e7mKU6pX-Pop_Lj5u6Cg
And so we begin - app news, Silverfin spotlight & Chat GPT16 Jan 202301:01:30

It's an hour of gold with markers in tow - or just scrub to the below times to get the juice you want.

First 4 minutes - Banter & Intro

App News:

04:25 Tax Sheets - 1st MTD ITSA casualty

07:30 Sage strong arm tactics & Sage Earth

13:44 IE11 to be disabled

16:29 Capium, UniPaaS and embedded payments

20:39 Excuse the bants - spread it like PB & J

24:42 QBO Updates

25:46 Jonathan Gaunt leaves Dext

27:01 Silverfin - who are they?

30:47 Three raises - Chat GPT, Intuit & Allica

36:16 Chat GPT spotlight & use cases - takeaways for use

46:01 Interview with Cameron Ford from Silverfin

59:29 Rant of the week & Close Out

New Years Special 202304 Jan 202301:04:00

For those of you easing back into the 9 to 5 - join us for this pod where we go back over the big news for 2022 and cover some predictions for accounting tech in 2023.

Excuse the banter - it's clearly been a while since we spoke. Leave us a review and tell us what episode took your fancy from our catalogue!

Episode 29 - Final App News Of S106 Sep 202200:34:49
  • MyWorkpapers improves Excel integration with Excel Connect 
  • HMRC to tender £4.5bn contract for software services to remove legacy tech
  • Digital promissory notes first from Lloyds (modernising 4000 year old transactions!) 
  • Comma updates – hiding payroll payments from users who didn’t set them up, SVB notice of how long it will take to validate payments, Bankline reminder to login to confirm payments
  • Crezco launch an integration with WooCommerce so you can take payments. Just need to download a plugin. Also announced a new Pay feature, FoC for now, with a premium feature expected at the end of September which will feature the ability to create pay runs and bulk pay
  • Fathom acquired by The Access Group
  • Capium raise £3m
  • Pleo – can now pay invoices on behalf of clients (enabled by client admin)
  • Xerocon US announcements regarding use of Locate Inventory tech launching into Xero product
  • Know-IT launch - £49.99pm - Xero, QBO, Sage, Freeagent
  • Capital on Tap, a UK small business credit card and expense management platform, received a £200 million funding facility from JP Morgan and Triple Point
Episode 28 - The day after the night before31 Aug 202200:44:44

OK so not quite the day after, in keeping with holidays, this episode is a pick 'n' mix for those who have managed to get through all the kids films in the cinema this summer.

This is our Back To School medley where John, Ryan and Indi interview Alex Von Schirmeister, EMEA MD of Xero, to talk about the release of XeroGo and Xero Instant Pay - as well as the plan for European expansion. 

Followed by a quick update from Johann Goree, our QuickBooks Expert, to get the inside view on QuickBooks Online Advanced. Is it the same as the US version? Seems like a cheaper price than the US - what's the catch?

And finally John and Ryan are joined by the charismatic and charming Amy Cotton to evaluate the feedback post Xerocon. Are the releases appealing enough? Was Xerocon worth the visit in the heatwave? Why are teacups not fixed to the saucers?!

Find out all in this episode.

AI Practice Tools and John's Leaky Aura - PLUS Employment Hero07 Aug 202400:49:34

We quickly avoid Indi’s bunker to get the latest news in the accounting tech space for disruptors involved in digital transformation.

 

We also bring you a session from the Digital Digest - with a deep dive into practical AI tools for your accounting or bookkeeping practice.

 

Kevin Fitzgerald returns to chat about the huge opportunity in Outsourced Payroll and John’s aura remains a mystery.

 

00:00 It's not that big!

01:49 Intro

 

~~~~~~~~~~~~~~~~~~

App News

05:05 Bright Eyes My Workpapers

06:49 Yes, it's a Dextender!

09:36 AirWallex and QBO

11:20 Xero For Education

12:41 Netsuite for Healthcare

14:17 Xero App Marketplace Updates

16:22 Xeinadin: It's time for Sage and Onion... And I'm all Out of Onion.

~~~~~~~~~~~~~~~~~~

 

18:16 The HUGE Outsourced Payroll Opportunity - Employment Hero

25:33 John's Brown Aura

 

~~~~~~~~~~~~~~~~~~

28:55 AI in Practice Tools

30:28 Eliminate Email

32:33 Trash The Timesheets

33:47 Examples of a leading vendors in AI

35:52 Automated Audit?

39:56 Tackling Tax

42:14 Rumbles in America

44:24 Skynet for Accountants

~~~~~~~~~~~~~~~~~~

 

48:41 Rate the pod!

Episode 27 - Summer App & Industry News26 Aug 202200:37:03
Episode 26 - Under the hood of Xero with Steve Vamos20 Jul 202200:56:29

In line with Xerocon 2022 - the first Xerocon in the UK for 3 years (!) - we sit down with Steve Vamos, CEO of Xero, to talk about what is really driving the Xero product. Is it software, people, culture or customer need?  As with all our pods you can trust we asked some prudent questions and get to know more about the new world Xero mindset. Big thanks to Steve and the whole Xero team for their support in making this happen. If you're missing out on Xerocon then here's 50 minutes you won't want to miss.

 

Combined with app news for a bumper update on industry happenings. Featuring: 

 
  • Sage and ACCA - announce release of e-learning on accounting software and cloud accounting tools – hitting more than 30,000 students - Post | LinkedIn
       
  • MTD for VAT penalty systems – from 1st June 2022 - £400 for not filing through software - £5-£15 per day for not keeping digital records – comment on digital links. Up to £5,475 annual penalty for digital link breach – 100% for not using checking systems - The lowdown on HMRC’s penalty system for MTD for VAT - FreeAgent
       
  • Sage – terminating accounts below v26.2 from Sep 22 
   
  • Syft updates – excel connector, updates to dashboards with prior period data, audit tracking for anomalies, dormant accounts tidy, sales product tracking 
       
  • IRIS Elements releases 6 new connections - Proposals, AML, Accounts production, Tax, Practice management and financial performance review- Post | LinkedIn
     
  • Accounting Excellence finalists – well done to the line up of great people. Shout out to Emily Deakin, Rachel Martin, Samantha Mitcham, Pink Pig financials (Cheryl Sharp), Accounts and Legal (Stuart Hurst), de Jong Phillips (pamela phillips), Ad Valorem (Nigel Adams), Alex Falcon, and all the team at Capitalise, Clarity, Fathom, Join, Reducer, Airpa, Dext, Crezco, Iplicit, Sage, Konsolidator and Karbon. Interesting range of apps - 2022 Accounting Excellence finalists revealed | AccountingWEB
Episode 25 - LIVE at DAS covering Restaurant & Hospitality Tech14 Jul 202200:21:51

Missed our session at DAS or just missing DAS generally? Don't worry we have you covered with this short 20 minute recording from the show!

Do you have clients in the restaurant and hospitality sectors? Want to learn what apps and tech other accountants are using to serve them best?

In this live podcast taping, John Toon (Beethers & Struthers), Ryan Pearcy (Scrutton Bland), and Indi Tatla (AREX Markets) share the best apps and tech-stack for serving these clients. 

Episode 24 - The MazApp with Lucy Cohen04 Jul 202200:49:10

How many accountants does it take to build the perfect accounting software? In this case, just one.

In this episode we catch up with Lucy Cohen from Mazuma to cover all things MazApp, accounting tech and neobanks. If you're curious about MazApp and how it fits into the future of the accountant workflow theb give this a whizz.

Episode 23 - App News27 Jun 202200:29:39

This week in app news:

Episode 22 - All Aussie Accounting with Andrew Van Der Beek20 Jun 202200:41:35

Andrew Van Der Beek, Founder of Aussie Accounting Firm Illumin8, graces us with his presence to share his journey from accounting upstart to global accounting all star. Andrew has just completed his UK tour sharing his learnings from the last 10 years, the inside rumblings from Xero and the optimum app tech stack.

Tune in! 40 minutes and not one to miss.

Episode 21 - App News06 Jun 202200:41:41

In this week's app news bumper, find out more about...

Episode 20 - Libeo Feature Episode26 May 202200:51:10

Learn more about the fascinating and fast paced payment space in this feature length episode with Libeo. We put the super spotlight on Libeo and discover more about what a frictionless payment experience means for Libeo, the Accountant and for businesses.

From our time with Pierre, Co-Founder of Libeo, and Glen, MD UK & Northern Europe, we explore what differentiates them in this space and the pain points they've worked hard to remove. Libeo have raised €20m to scale up their model and introduce the benefits of wallet payments and open banking to businesses across Europe. 

And as always we love a little speculation - consolidations and acquisitions. 

Share your feedback or your predictions!

Episode 19 - App News16 May 202200:29:56

Bumper app news this week - join John, Ryan and Indi to hear the latest headlines.

Episode 18 - The Big G F05 May 202200:37:30

The big Glen Foster in a post Xero world. With the recent spate of entries and exits we catch up with Glen Foster to find out more about why he made the leap.

Find out more about Libeo and hear about Xero's plans for world domination in this short feature length episode. Special appearance and shout out to Jasmine from Libeo!

Will AI eat bookkeepers' breakfasts? PLUS Xerocon recap, App News and Employment Hero Blooper31 Jul 202401:08:41

Wrapping up the events-season, we recap Xerocon and the Engage conference, as well as hearing from Kevin Fitzgerald at Employment Hero about their recent comms FUBAR, the usual App News and part two of Celso Pinto's revealing interview!

In this jam-packed episode, John Toon, Indi Tatla and Ryan Pearcy catch up on their latest misadventures at Engage in Vegas and Xerocon. 

From needing makeup (yes, really!) to debating podcast rivalries and innovations in the app world, strap in for another informative and hilarious ride!

Also, we dive into the future of AI in accounting (probably a different take to what you've already heard) from the eyes of successful tech founder. 

Don't miss out on app news, and updates you need to stay on top of your game! Join us, subscribe, and let's disrupt digital accounting together!

00:00 "Mr Pearcy to hair and makeup, please" 01:00 Welcome to Digi Tools in Accrual World!

05:22 App News ~~~~~~~~~~~~~~~~~~~~~~~~ 05:29 Xerocon Announcements 09:38 ...more Xero updates 10:52 Intuit keeps eyes on the road 12:19 MailChimp 👉 MailChamp? 14:12 Quickbooks - new invoice send method 15:20 Sage for Accountants: Lots of updates 16:46 FreeAgent Mobile Update 17:53 Syft AI Launched 19:07 Accounts IQ gassing up the tanks to keep the mid-market interesting 23:27 ApprovalMax taking it to the... Max 26:53 Dext Collects 27:58 Silverfin - FRS105 and CH sync 29:40 "There are only two ways to make money in business..."

33:57 Employment Hero - Comms SNAFU 41:05 US Podcast Beef

 

41:58 Celso Pinto - Part 2 ~~~~~~~~~~~~~~~~~~~~~~~~ 42:22 Raising Seed Money 44:57 Emerging Competitors 47:14 How could AI shock the profession 58:02 Exiting Pixie 01:00:06 Finding the right leaders at the right time

01:07:48 Leave a rating! 😃

Episode 17: AppNews25 Apr 202200:22:54

In this week's app news we cover:

Episode 16 - The Comma Spotlight18 Apr 202200:44:07

Hello, and welcome to the Digi-Tools podcast.

We have our first feature episode this week and doing a deep dive into specific issues that businesses and payroll bureau's encounter when making payments. Learn how to use Comma to help solve these problems - bulk payments, payroll integrations and the bank rollout. We get the inside track from Comma's Tom Beckenham, CEO & Co-Founder, and Becky Danks, Head of Product.

A quick 40 minute listen with chapters to help you navigate to the bits that are most relevant to you!

Episode 15 - App News06 Apr 202200:27:40

We're trying out weekly pod releases - bear with us! In this episode you'll catch up with the latest app news, including:

  1. FTC sues Intuit for deceptive free TurboTax - FTC sues Intuit, claims 'free' TurboTax can be deceptive • The Register
  2. Intuit responds to lawsuit to vigorously challenge - Intuit Inc. - Intuit Responds to Complaint from U.S. Federal Trade Commission
  3. Lightyear partners with Sage Business Cloud and Intaact - Lightyear announces new strategic partnership with Sage and new Lightyear releases – enhanced approval process (including single click approval), enhancements to purchase orders
  4. Bright Group buy Accountancy Manager - AM Blog | AM joins Bright Software Group - AccountancyManager
  5. GoProposal release tools for active engagements - GoProposal gears up for ‘active’ practice management with new releases | AccountingWEB
  6. Funding Options launches accountant channel - Funding Options launches accountant platform 
  7. Xero release new reporting features – accountant management report pack tweaks (with client facing soon to come), flexible executive summary, report annotations, The new reporting features that have just landed (and a sneak peek at what’s coming soon) | Xero Blog
  8. Workflowmax release invoice information tab - New release: A brand new look for the invoice information tab (workflowmax.com)
  9. Tripcatcher – partner dashboard enhanced & updated user management
  10. QBO revise left navigation panel for grouping 
  11. UK tax debt now at £39bn - HMRC must do more to recover taxes HMRC must do more to recover taxes unpaid due to pandemic, say MPs - BBC News (ampproject.org)
  12. MTD ITSA to drive 68% of accounts to offer new services - Research suggests 2 out of 3 accountants expect to offer new services due to MTD for ITSA (accountancyage.com)
  13. Companies House reform proposals - Companies House Reform proposals. | AccountingWEB
  14. ISSB publish draft for global sustainability disclosures – ISSB publishes draft proposals for global sustainability disclosures (accountancyage.com)
Episode 14 - QBO Spotlight with Johann Goree28 Mar 202201:07:33

Take a walk on the white and green side with Johann Goree, one of six QBO Strategic Partners in the UK. Join Ryan as he delves into whether QBO is outpacing the competition and what else is coming from across the pond.

This week in app news: 

Episode 13 - Bringing Audit Into The 21st Century14 Mar 202201:08:34

Bringing audit kicking and screaming into the 21st century with Mark Edmonson from Inflo. Does audit analytics really improve audit quality? Or is it just the new buzz word  for the marketplace? John and Mark take a deep dive into the transformative nature of audit analytics software and what a data-driven audit methodology really looks like. 

And in this weeks app news:

  • Software Pricing Transparency 
  • Ignition update
  • MazApp - new bookkeeping software app
  • HMRC App updates
  • Connect 4, Xero, FreeAgent and Bokio App updates
Episode 12 - Open Banking - Is It The Future?22 Feb 202200:59:57

A fad or the future?

We are huge evangelists for open banking, and if you haven't already heard John wax lyrical about why a good open banking app is essential to your tech stack - then this is the one to listen to. In this episode we take a deep dive with Ger Kelly of Use Comma on what the fuss is all about. Including why the banks alone aren't fit enough to solve the pinch points and how Comma are empowering accountants & their Clients. 

And on top of that we're delighted to announce Comma as a Digitools Cornerstone Sponsor - which gives us the freedom to help shine more of a light on this exciting new area of technology.

Also in this week's app news:

  • Crezco, Comma, Telleroo and FreeAgent app updates
  • Xero and Intuit initial results
  • The first MTD ITSA bridging software
  • Industry updates - what are the key dates for your calendar & other news of interest
What it Takes to Grow A Finance Tech Startup... PLUS the latest App News! || Sponsored by FreeAgent24 Jul 202401:10:44

Buckle up and join us for a rollercoaster episode straight from the sizzling streets of Las Vegas with the latest in accounting and finance tech! 

John Toon navigates Eurovision vibes, European-style sunbathing and sky-high Starbucks prices at Engage conference.

Along with the latest App News and updates from FreeAgent, do not miss Pixie co-founder Celso Pinto's insights on starting, building and exiting from Pixie in the noisy, noisy marketplace of accounting tech.

00:00 Looney Toon's Vegas Adventure 03:47 Intro

App News ~~~~~~~~~~~ 07:26 Intuit's Impressive Quarterly Results 10:41 Xero's Strong Financial Year 15:00 Sage's Net Zero Targets and ESG Reporting 20:10 Sage Partnering with DonerPerfect 21:27 Sage Intact's New Features and Updates 25:28 Xero's Pricing Plan Changes 32:04 HG's Acquisition of AuditBoard

33:55 FreeAgent - Tony Stevenson: Why Digital Transformation is a Team Sport 39:38 What Happens in Vegas Better Stay in Vegas

Interview: Celso Pinto ~~~~~~~~~~~ 42:12 Celso's Origin Story 49:24 Starting Pixie 53:33 Making Tough Product Decisions

01:10:08 Like, subscribe and rate the pod! 😃

It Takes A Village To Transform A Profession - PLUS FreeAgent's Secret Admirer & The Latest App News10 Jul 202401:03:33

Welcome back to the Digi-Tools in Accrual World podcast!

 

Join us as we throwback to Accountex, where Ryan decided to desert us for the peaceful woods. 

Indy lost her voice, John was knackered - but thankfully we had some stellar help from the Systems Advisory Network. 

As always, this episode covers the latest in app releases, raises and acquisitions

Plus, we see which of us can delay mastication the longest.

Special shoutouts to our Accountex saviours: Dayle, Julie, and Keaton. 

 

00:00 Intro

App News: ~~~~~~~~~~~~~~~~~~~ 02:09 Lightyear Acquired 03:19 Access Group's Acquisition Strategy and Ecosystem 05:00 Canopy + Practice Management AI Innovations 08:22 Layer's Ambitious Goal to Replace QuickBooks 10:21 FreeAgent's New Integrations and Updates 11:54 FYI Elite: A New Era in Practice Management? 13:03 Why iplicit are a great employer 14:06 Everyone’s favourite Xero update… 14:51 Quickbooks Ledger 15:18 Valid8me… validated 15:51 Sage's CoPilot and AI Developments 18:01 AirWallex Bill Pay Solution Integrated with Xero 19:36 Mercia and Inflo's Partnership 21:15 Ember and HSBC UK's Embedded Finance Partnership 22:35 TaxCalc Expands with Group Reporting ~~~~~~~~~~~~~~~~~~

24:25 FreeAgent Tortoise or Hare?

29:42 Delayed Marshmallow Mastication

System Advisory Network: Accountex Retrospective ~~~~~~~~~~~~~~~~~~ 32:58 Introduction 33:32 Insights from Dayle and Julie 34:42 Keaton's Experience and Reflections 35:39 Diverse Queries and Solutions 36:54 The Digital Disruptors Network 37:35 Conversations and Networking at Accountex 43:16 Exploring New Technologies and Vendors 51:27 Outsourcers As Far As The Eye Can See! 55:39 Final Thoughts and Future Plans ~~~~~~~~~~~~~~~~~~

01:02:56 Rate the pod!!

 

FreeAgent the Friendliest Accounting Software & Journey'ing with Jordan on Growth22 May 202401:18:00

The legendary Tony Stevenson from FreeAgent joins us on the podcast this week. Voted the friendliest accounting tech software, we're putting the spotlight on the host of new features they're releasing over the last few months. Watch this space to hear and see more!

Also Jordan Vickery reveals the growth playbook for accounting techs looking to shore up adoption success post the host of accounting events. 

And in app news this week is a skinny:

Accounts Payable Automation: Who will win out? We catch up with Nook, one of the OGs of AP automation30 Apr 202400:52:11

Have you caught the news on the latest apps in the market? There are some new kids on the block in payment automation apps, and we're keen to hear from some of the OGs to find out their perspectives and lessons learned on market trends/adoption over the last two years. We spend some time with Joe Lines, CEO of Nook, to talk about tech innovations, future features and the appetite from SMEs for more. 

Tune in if you're looking to compare the market on AP or AR automation.

We also spend some time with Vipul Sheth, whose upcoming pre Accountex event is imminent. If you're not on his list and want to see whether you'd benefit then here's 8 minutes from the man himself.

All things AP with Bogdan Uzbekov, CEO of Apron. Plus bumper app news13 Apr 202401:13:00

Apron, the AP accounting tech focusing on all things payable, has been on a mission for some big software releases since it burst onto the scene late last year post their Series raise. We catch up with Bogdan Uzbekov about his plans to service the accounting market and plans to go into banking, carding or lending. Hear more here.

Don't forget to book your ticket for our upcoming event - we hope to see you at the Digital Accountancy Show on the 16th and 17th of April.

And this week in app news:

Accountants leading AI adoption?!11 Sep 202400:32:40

Welcome back to ‘Digi-Tools in Accrual World’ - the best place to stay up to speed on the world of finance, tech and accounting.

This episode we debate whether accountants and bookkeepers are leading the charge with AI, laugh about John's beer subscription dilemma, and discuss the magic of Indi’s vegan pies.

Plus, we geek out over Xero's latest updates, Revolut's new banking license, and iPlicit's rise in the mid-tier market.

Feast your ears on some witty banter, insightful app news, and tales from the world of digital disruption.

 

00:00 Intro

 

App News

~~~~~~~~~~~~~~~~~~

02:34 Sage's AI Report

10:11 Futrli Consolidates

11:02 Xero Technical Best Practice for Apps

12:17 Xero Mentor Match

14:12 Xero New Invoicing

18:50 Revolut Banking License

~~~~~~~~~~~~~~~~~

 

21:39 iplicit - getting off entry level systems

28:09 Beer subscriptions

31:59 Rate the pod!

Digital Disruptor Awards, App News, and Scandalous Show Shenanigans!04 Sep 202401:03:52

In this full-throttle episode of 'Digi-Tools in Accrual World,' hosts Ryan Pearcy, John Toon and Indi Tatla, dive into the latest happenings and app news in the UK digital accountancy space.

 

From the chilling tales of the North, magnesium foot rubs for better sleep, to rubbing vitamins into bald heads for that 'shiny and glossy' look, we’ve got it all.

 

Our guest this week is Phil Hobden who shares his fascinating career journey and insights into the Accounting Tech Forum - the ‘secret’ vendor slack group where accountants aren’t allowed. Sort of.

 

Ready for some accounting romance advice and the lowdown on vendor gossip? This episode’s got you covered. Enjoy the laughs and the insights!

 

00:00 Intro

 

App News

~~~~~~~~~~~

04:30 Intuit Growth

06:01 Sage Intacct Enhancements

09:14 Xerocon Nashville Roundup

12:07 Xero Price Increase

14:36 New Apps in the Xero App Store

15:15 Dext Enhancements

17:50 Wig Wham Bam!

 

 

21:53 Night on the Toon

 

 

28:11 Interview: Phil Hobden - What do vendors talk about in their secret Slack Group?

~~~~~~~~~~~~~~~

30:26 Phil's Industry Experience

39:16 AccountTech Forum

45:45 Blurred Lines and Xerocon Babies?

52:07 Event Fatigue

 

 

01:03:09  Outro

It's all about relationships... isn't it? || PLUS App News, Allica Bank, FreeAgent - sponsored by XLedger13 Nov 202400:51:25

In this episode of the Digi-Tools in Accrual World podcast, brought to you by The Digital Disruptors and sponsored by XLedger, we dive headfirst into the cutthroat world of business advisory - who has the edge, accountants or business coaches?

The word on the street is banks may have lost their mojo with accountants, prompting a wild 47% to feel as nervous as a cat in a room full of rocking chairs when it comes to business banking.

 

We have app updates galore from MIMO, Pleo, ApprovalMax, and Xero, and the lowdown on the Xero Beautiful Business Fund 2024 winners who are redefining awesomeness in business.

Plus, discover why multi-banking is the new black for SMEs and a whole lot more!

Don't forget to like, share, follow, and send us your thoughts! ✉️

 

00:00 Coming Up…

01:32 Welcome!

 

App News

~~~~~~~~~~~~~~~~~~~~~~~~~~

09:19 MTD Thresholds Dropping

16:10 Xero Beautiful Business Fund 2024

19:20 Mimo Release

24:09 AML HQ Launches in the UK

26:31 Pleo Releases

27:40 Approval Max Pricing Updates

28:49 New in the Xero App Store

 

32:52 Allica - The growing chasm between accountants and bank relationship managers

42:53 Drew Moyes - Friendliness, Community and Simplicity for MTD

50:51 Outro

£9 Billion Missing for UK SMEs - PLUS App News, Dan Cockerton and Johann Goree06 Nov 202401:04:23

The £9 Billion Missing for UK SMEs - PLUS App News, Dan Cockerton and Johann Goree

 

Join John, Ryan, and Indi as they review John’s creepy merch ideas, find out how SMEs are missing out on billions and share the latest app news, including updates from Adsum, Modulr, FreeAgent, and Firmcheck. Hear about Tide's strategic acquisition, Acumatica's new release, and more.

 

Plus, find out why Engager.app's Johann Goree is celebrating their big win at the Digital Disruptor Awards and what it takes to overcome major life hurdles to deliver an industry defining event.

 

And don't miss the banter, from bath time chat to ginger walrus facts, this episode has it all!

 

There's more info on the savings interest SMEs are missing out on and the Allica Bank report here: https://www.savingssqueeze.com/

 

00:00 Coming Up

02:04 Welcome

 

App News

~~~~~~~~~~~~~~~~~~~~~~~~~

09:25 Adsum Upcoming Beta Test

11:31 Modulr Batch Management Release

12:33 FreeAgent Binning Paper Notices

13:36 MTD Updates

20:18 Acumatica

21:45 Tide Acquiring Again

 

27:04 Allica - £9bn in missing interest

42:31 Overcoming huge obstacles, to do what's never been done before - Dan Cockerton

46:39 Where are the next tech innovations coming from? Release of the Year winner Johann Goree

 

01:03:00 Rate the podcast!

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