Accounting Firm FreshBooks Becomes A Unicorn
The Accounting Podcast
Bring Your Own Bank Solutions
I could see them doing the single entry thing, the expense management, the coating all the a p a are, that's ideal. Why wouldn't you want that where your money is? You have a bank thay can do everything. I mean, the problem is, making all work seemlessly is the challenge. But if somebody can do it, they could win.
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Show Notes
01:30 – Blake and David talk smart homes, Zoom, and router recommendations, Mnuchin and movies.
7:55 – Updates of PPP Forgiveness
10:02 – Survey: COVID relief, changing laws were last tax season’s headaches
12:20 – IRS Funding Surge Punted From Bipartisan Infrastructure Package
13:26 – Cryptocurrency brawl bogs down infrastructure bill, as Yellen and White House fight changes
https://www.washingtonpost.com/politics/2021/08/06/crypto-bitcoin-infrastructure-senate/
18:00 – Closing date set for new Shuttered Venue Operator Grant applications
21:04 – Former Dixon comptroller Rita Crundwell released from prison early
https://www.wifr.com/2021/08/05/former-dixon-comptroller-rita-crundwell-released-prison-early/?utm_source=pocket_mylist
22:25 – All the Queen’s Horses Documentary on YouTube – Free
https://www.youtube.com/watch?v=dpr2A3S3CNk
24:05 – Hundreds of AI tools have been built to catch covid. None of them helped.
https://www.technologyreview.com/2021/07/30/1030329/machine-learning-ai-failed-covid-hospital-diagnosis-pandemic/
31:06 – Reflecting on the evolution of bank reconciliation at Xero
https://www.xero.com/blog/2021/08/bank-reconciliation-evolution-at-xero/
33:36 – Taking business banking to the next level with Revolut
https://www.xero.com/blog/2021/08/revolut-next-level-business-banking/
More Reading on Xero:
Xero Upgrades Bank Reconciliation Feature
https://www.accountingweb.com/technology/accounting-software-news/xero-upgrades-bank-reconciliation-feature
Xero revamps bank recs, injects AI
https://www.accountingtoday.com/news/xero-revamps-bank-recs-injects-ai
36:43 – HR software company Gusto raises $175 million
https://www.axios.com/gusto-fundraising-175-million-f2bb33ba-fced-4343-8a7b-0aa6a5d6dbbe.html
Gusto Raises $175M in Series E Funding
https://www.finsmes.com/2021/08/gusto-raises-175m-in-series-e-funding.html
38:20 – Accounting firm FreshBooks hits unicorn status, plans global growth after raising US$130-million
43:56 – 'Connected accounting' startup closes $13M funding round
Lockstep Website
46:36 – New IRS tax collection notices offer QR code contact option
47:36 – ZenBusiness Democratizes Small Business Finance With New All-Inclusive Payments App ZenBusiness Money
https://www.businesswire.com/news/home/20210810005143/en/ZenBusiness-Democratizes-Small-Business-Finance-With-New-All-Inclusive-Payments-App-ZenBusiness-Money
50:29 – US Bank to Buy Bento Technologies
53:13 – Announcing Check + Quickbooks Online – Check
https://www.checkhq.com/post/announcing-check-quickbooks-online?utm_source=pocket_mylist
53:44 – The news from you! We’ve got reviews! Thank you, Cbordeaux, Amanda from NOLA, Rachael, and Eddie Valls!
55:35 – As if reviews weren’t enough, we got voicemail! Thank you, Scott Scarano!
Get in Touch
Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on
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