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Solving Accounts Payable Pain Points with MakersHub

Feb 9, 2024

Phong Ngo and Charley Howe from MakersHub discuss their accounts payable automation software that helps businesses capture detailed invoice data. They emphasize solving the accounts payable pain point, the power of their proprietary technology, and the limitations of existing solutions. They share their journey from engineering and banking to startups, the evolution of MakersHub, and the value it creates for accounting firms. They also highlight the benefits of partnerships and efficiency in accounting. Sign up to earn free CPE credits for listening!

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Introduction

00:00 • 2min

Addressing Challenges in Accounts Payable

01:39 • 13min

Backgrounds and Connection: Forming a Business Idea

14:46 • 4min

The Evolution of MakersHub: From Procurement Tool to Automating Data Input into QuickBooks

18:37 • 6min

Solving the Biggest Pain Point in Accounts Payable

24:31 • 21min

The Importance of Partnership and Efficiency in Accounting

45:51 • 3min

Phong Ngo and Charley Howe join Blake to discuss how their accounts payable automation software is helping small and mid-sized manufacturers, construction companies, and other businesses capture detailed invoice data to enable precise job costing and reporting without expensive ERP implementations. Learn how starting with solving the accounts payable data entry pain point allows them to streamline workflows while accounting firms and their clients gain efficiency. They also highlight the benefits of the MakersHub partner program for accountants.

Sponsor
MakersHub - https://earmarkcpe.promo/makershub

Chapters

(00:00) - Solving Accounts Payable Pain Points with MakersHub
(00:53) - Welcome Charley and Phong from MakersHub to the show
(01:14) - What makes MakersHub different from other AP solutions?
(05:16) - The power of MakersHub's proprietary technology
(06:18) - Phong's journey from engineering to business
(09:14) - The limitations of solutions already on the market
(12:13) - The vision for MakersHub
(14:58) - Charley's journey from banking to startups
(20:13) - The evolution of MakersHub
(26:36) - Solving at the build level first
(34:29) - Which accountants and bookkeepers is MakersHub For?
(38:54) - Creating a product that creates value for accounting firms
(44:21) - How does an accountant or firm get started with MakersHub?
(46:49) - Thanks for listening and please reach out to learn more

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Connect with Our Guests:

Charley Howe

LinkedIn: https://www.linkedin.com/in/charles-howe-7a9816118
Facebook: https://www.facebook.com/MakersHub.aiOfficial/

Phong Ngo

LinkedIn: https://www.linkedin.com/in/phong-ngo

Learn more about MakersHub

Website: http://www.discover.makershub.ai/

Connect with Blake Oliver, CPA

LinkedIn: https://www.linkedin.com/in/blaketoliver
Twitter: https://twitter.com/blaketoliver/