The Accounting Podcast SuiteWorld Recap & Bookkeeping Startup Raises $200M
Back from SuiteWorld, Blake and David discuss key takeaways from Oracle NetSuite's conference, including product updates and the event's growing scale. They also examine recent fundraising in the accounting-tech space, notably bookkeeping startup Finally's $200 million Series B round. Moving on, there's Big Four firm news, including PwC's layoffs and return-to-office policies, as well as a viral TikTok trend exploiting a Chase Bank ATM glitch.
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Chapters
- (00:46) - Recap of Oracle SuiteWorld Conference
- (02:26) - NetSuite's Growth and Market Position
- (12:48) - Product Announcements and AI Integration
- (18:56) - Listener Questions and Career Advice
- (26:03) - Bookkeeping Startup Raises $200 Million
- (29:13) - Exploring All-in-One Bookkeeping Services
- (30:03) - The Future of Accounting Software Market
- (31:31) - Mercury Bank Acquires Teal
- (32:12) - Challenges in Automated Bookkeeping
- (35:39) - Consolidation in the Financial Services Industry
- (38:44) - Viral TikTok ATM Glitch Exploits
- (42:18) - PwC Layoffs and Office Policies
- (50:09) - Deloitte's Olympic Gold Medalist
- (54:58) - Career Advice for Tech and Accounting Professionals
Show Notes
Oracle NetSuite – SuiteWorld
https://www.netsuitesuiteworld.com/
Accounting Software Market Size With Growing Demand and Forecast to 2032
https://www.linkedin.com/pulse/accounting-software-market-size-growing-demand-qsgic/
Mercury acquires Teal
https://mercury.com/blog/inside-mercury/mercury-acquires-teal
Revolut Business Adds Bill Pay Feature
https://www.pymnts.com/news/b2b-payments/2024/revolut-business-adds-bill-pay-feature
Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
The Chase ATM 'glitch' that went viral is likely check fraud, bank says
https://www.usatoday.com/story/money/2024/09/03/chase-bank-atm-glitch-fraud/75058813007/
PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009
PwC tells employees it will use location data to police 'back-to-office' rule
PwC Isn’t Used to Being Called Desperate But Here We Are
https://www.goingconcern.com/pwc-isnt-used-to-being-called-desperate-but-here-we-are/
Deloitte rower earned gold at Paris Olympics
https://www.accountingtoday.com/news/deloitte-rower-earned-gold-medal-at-paris-olympics
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Transcripts
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page