Accounting Tech Updates May’24 : 🛠️Exploring Inventory, Practice Management, and Must-Try Apps

Heather Smith and Tyler Caskey discuss feature and functionality releases, new integrations, pricing adjustments, and acquisitions in the Accounting Apps space during March, April, May ‘24. Today I’m speaking with Tyler Caskey Partner at The Bean Counters. In this episode, we talk about . . . News and updates from Xero, QuickBooks & MYOB were discussed, including new features, integrations, pricing changes, and acquisitions Stories from the Inventory management space, including pain points and promising solutions explored Practice management tools for accounting firms featuring FYI Elite: Combined document, employee, and practice management solution. Apps recommended for both work and personal use, such as donate blood and seven rooms Lightyear acquisition by The Access Group analysed for hospitality industry benefits Synder & Cin7: Integration for seamless inventory and financial management. Fathom Reporting: Compare Actuals YTD + Budget against the Full Year Budget reporting. Calxa Features: Bulk Connections for multiple Xero organisations, and Sub-Accounts for detailed financial tracking. Finlert’s SubSync: Integration between Stripe and Xero. A2X Accounting: New Settlements and Payouts page for e-commerce transaction reconciliation. BOMA Marketing AI: Content Assist for customising marketing content. Sharesight: Enhanced trade file upload functionality. Netgain: Automates repetitive back-office tasks, specialises in ERP software solutions. NetSuite Updates: Enhanced inventory transfer settings, batch payment approval workflows, and options to mask company bank account numbers in electronic payment files. New apps we’ve tried recently and a few personal favourites Follow up on stories from the last episode. WorkflowMax by Xero Retirement: Last day to access is 26 June 2024. Users need a migration plan now! Xero New Invoicing: Heather has switched to New Invoicing! But Tyler switched back to Classic invoicing.   Many thanks to the sponsors of todays episode: Employment Hero  Fathom Reporting XBert   Contact details: Tyler Caskey https://www.linkedin.com/in/tylercaskey/  Accounting Apps newsletter: http://HeatherSmithAU.COM Accounting Apps Mastermind: https://www.facebook.com/groups/XeroMasterMind  LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/  YouTube Channel: https://www.youtube.com/ANISEConsulting  X: https://twitter.com/HeatherSmithAU   

Om Podcasten

Exploring the intersections of accounting, technology and modern practice methodologies. Hosted by Heather Smith, an award winning Chartered Accountant with a flair for storytelling. Heather is obsessed with how effective automation and integration can produce timely clean data, to surface information for brave, fast data-informed decision making. Better data, better decisions, better business. She explores this topic with her guests, uncovering insights that offer you a competitive edge. Delve deeper into the Accounting Apps landscape and enhance your understanding. The podcast promises enlightening discussions in the fields of accounting, technology and artificial intelligence. Hit that subscribe button now! Subscribe to the Accounting Apps newsletter: http://AccountingApps.io Join the free Accounting Apps community to continue the conversations. https://www.facebook.com/groups/XeroMasterMind Brilliant guests include entrepreneurs, founders, business consultants, accountants, bookkeepers, small business owners, cloud advisors, developers, cloud integrators and solution providers. Each month guests share how they built their business and how your business or clients can use technology to be more effective and efficient. This may include exploring: *How you can implement and integrate business tools with your online accounting software to automate processes, improve productivity, and profitability; *How to build a business developing business apps; or *How to build a tech stack that meets your business needs or introduce your clients to them. Contact details: LinkedIn: https://www.linkedin.com/in/HeatherSmithAU/