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Small Businesses At The Center Of Bots Vs Accountants

PYMNTS

One way this shift has materialized is in how small businesses seek and hire financial professionals to join their companies. In a 2017 report from job hunting site Indeed , researchers found that “small business accountant” was nowhere to be found in the top-10 job positions sought after by most small business employers.

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How Accountants-Turned-Advisors Can Manage The FinTech Deluge

PYMNTS

Technology may be enabling automation in small business (SMB) accounting and financial management, but rather than cutting out the need for human accountants in the field, this tech disruption is supporting a change in the profession.

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Bookkeeper360 Gets $1 Million For SMB FinTech Solutions

PYMNTS

With the new funding, the company plans to keep growing and developing products with its existing Business Intelligence Software , which uses real-time finance data to help make it easier to grow a business, the release stated. They plan to add strategic support to the company’s board of advisors.

FinTech 75
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Aussie Accountants Brace For Industry Disruption

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Reports in Money Management on Thursday (March 15) said the IPA’s Vice President, Sam Zervides, issued a statement encouraging accountants to collaborate and explore value-added services, particularly for small businesses (SMBs).

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What Payroll Innovation Says About Accountants’ Shifting Role

PYMNTS

The shifting role of small business (SMB) accountants is largely driven by the increase in automated solutions available to business owners today. With machines now taking care of repetitive financial tasks, accountants have had to readjust their position from number-cruncher to value-adder to remain relevant.

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How SME Accountants Brace For A Technological Overhaul

PYMNTS

Small businesses may struggle to adopt new technologies, but that doesn’t mean they don’t want their accountants out of the loop, too. As cloud accounting and other technologies help to automate the accounting process, accountants are sure to have even more time on their hands they could use for hands-on, value-added services.

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Banks Resigned To Role Of Utility, Not Collaborator, For SMBs

PYMNTS

Thanks to competitive pressure from FinTechs, traditional banks are often pressured to keep pace with innovation and meet evolving needs of their small business (SMB) customers. It’s something that’s very [much about] commodities,” he explained of banks’ small business offerings. Banks Are Trying — Sort of.