The Botkeeper Blog

Explore. Learn. Engage.

6 min read

Should you keep working with a difficult client?

Find someone who says that they love every client equally and you’ve found yourself a liar—at least, they may lie to themselves. The client-accountant relationship requires a lot of give and take, and some clients are so focused on the take, they...

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5 min read

Don't read this if you still use a washboard

If you look at the present from the lens of how the past dreamed of the future, it’s very disappointing. We don’t have robots performing our daily tasks of cooking and cleaning, our cars are still very much groundlocked, and virtual reality isn’t that...

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5 min read

Why you find soft skills so hard

Accounting is a profession that’s done by the book—and that’s not just referring to bookkeeping.

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5 min read

Being a virtual CFO means getting into the preparation

As your firm grows and evolves, shouldn’t your suite of services? By expanding your service offerings, you create better revenue opportunities for your business while increasing the value for clients.

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5 min read

Feeling squeamish about advisory? Here's how to get comfortable

There’s a battle raging in the accounting profession. Full services firm versus specialized offerings? Not that one. Shifting to automation technology and to an FP&A value pricing model? Kind of, but not that one, either.

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4 min read

How accounting education is changing

Most accountants feel that the accounting profession is undergoing a monumental shift (and it is). The whole world is on a fast-moving technology train, and the financial tech (Fintech) space is one of the engines driving the train. Have trouble keeping...

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3 min read

Need time-saving solutions for your firm?

Running any business is a challenge. But accounting firms are a special case. With clients looking to you for legal and regulatory compliance as well as guidance in their biggest decisions, the work an accounting firm does is foundational and deeply...

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5 min read

Bringing the competition into focus

What do you think about your “competition?” In a way, cloud accounting and AI Fintech open up the world to nearly every firm, but does this mean you compete with every other accounting firm on the planet? Or does it mean there’s a lot more room for...

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4 min read

Isn't it all just busy season, now?

You know the drill. Accountants block their entire calendar from January through April, and usually another 4-8 weeks in the fall, for clients requesting extensions. The profession on the whole knows the term “busy season.”

Want some advice on...

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4 min read

Are you underselling your accounting services?

As an accountant, you understand what goes into each of the services you provide for clients. Those who need your services have varying degrees of understanding when it comes to accounting. 

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5 min read

Stop making excuses for overworking

“Just one more thing, then I’ll call it a night.”

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5 min read

Managing stress starts and ends with your senses

In the accounting industry, professionals are commonly working 50+ hour weeks all year long. During busier times, however, that weekly number can inflate to 65-70+ hours, leaving hard-working professionals feeling constantly depleted, disoriented and...

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4 min read

Your firm is only as good as your networking

When it comes to staffing your accounting firm, you likely use one of three criteria for posting an open position:

  • Timing: Seasonal hiring is prevalent in the accounting industry, usually ramping up in Q4.

  • Attrition: An accountant leaves, or retires,...

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4 min read

Your tech is the selling point you haven't told your clients about

Tech and time. These two points are inextricably linked, even if some firm owners don’t necessarily act like it. Advancements in Fintech save time, improve accuracy, and cut overhead costs. But the relationship between technology and time is one we see...

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4 min read

Avoid these 5 mistakes when hiring accounting grads

The accounting sector is expected to grow 7% from 2020 to 2030 meaning there will be approximately 135,000 new openings each year on average. With growth like this, you can’t be dependent on hiring only pre-existing talent. 

Enter recent graduates....

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4 min read

You've heard about the future of accounting. What about the now?

Over the last decade, the rapid development and implementation of financial technologies (Fintech) have made the future of accounting a hot topic. The entire profession is undergoing a fundamental transformation leaving many accountants to wonder, “Will...

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5 min read

Hey, accountants take vacations too. Really.

Accountants find it challenging to find time for a getaway. You know, taking your loved ones to fun locales. Spending time on a road trip with friends. Or just you, a beach, and a book you’ve meant to read.

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7 min read

Use this past season to build a better client base

We get it: the first four months of the year are a slog for accountants. Clients seemed MIA for most of the year but came rushing back hoping to get a last-minute tax filing. Each year, you plan to do better than the last, but even the best-laid plans go...

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4 min read

Retain your talent with a professional learning plan

One of the top reasons employees look to make a job change is a lack of opportunity to develop and show their skills. 

People want a sense of fulfillment from how they spend their time, and the time they spend at work is no different. This need is partly...

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4 min read

It’s almost over! Post-busy-season cleanup

Breathe. The days are getting longer, and spring is around the corner—which means you only have a bit more time before you finish the busy season for the year.

Hopefully, your thoughts gravitate toward a much-needed break before getting back to improving...

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3 min read

Botkeeper needs your help to choose a new tagline

From “Just do it,” to “The real thing,” taglines have long been used to summarize a brand’s philosophy, values or personality. The very earliest advertising used taglines to clarify and emphasize a product offering, enticing potential customers.

The...

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4 min read

Resignations and M&A are driving more accounting automation

For years now, firms have listed finding and/or retaining talent as one of their top issues. Before COVID. Before The Great Resignation. Before M&A activity even started going completely off the charts.

The talent acquisition and retention landscape...

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4 min read

Client advisory services have already moved to the next phase

The accounting profession has been listening to the klaxon now for close to a decade: CAS! CAS! CAS! If you haven’t heard professional leaders tout client advisory services in their speeches, you’ve heard peers discuss them at mixers or read articles...

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6 min read

Yes, I fired my clients (and why it’s ok)

Somehow in a world where acquiring customers is a key to growth (and tricky one at that), letting one go can be the right thing to do. 

You’ve probably had at least one client that at times made you wish you could go back in time and not bring them into...

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6 min read

Creating a successful end-to-end CAS engagement

When many firms start a Client Advisory Services (CAS) practice, they have a tendency to jump in the same way they might if they were starting a tax or audit practice. Unfortunately, they quickly find that offering CAS services is a different animal, and...

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6 min read

Crafting your accounting innovation strategy

Automation across a wide range of professions and industries has become so commonplace that it’s almost a cliché. And the benefits of technology are now so broadly understood that they risk becoming a shorthand suggesting any technology solution is a...

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5 min read

How is manual bookkeeping like Blockbuster?

One of the truths of business in the modern era is that technology can define success. Major leaps in how work gets done, how products get made, and how customers access goods and services have both broken and made businesses around the globe.

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6 min read

Beat tax season slumps with these 5 tips—and even find some free time

Tax season has always been challenging: the last-minute clients, the messy paperwork, the missing documents, and—certainly not least of all—the long hours.

The past few years have made tax season even more complicated. Dwindling IRS service, long hold...

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4 min read

These Practical Leadership Skills Will Keep Your Team from Burnout

Your busiest season is nearly here, again. (As if you even need anyone telling you, like you didn’t already know, right?)

That said, it’s still true. And during the roughest patches of work, as a firm owner (or partner) there’s the risk of employee...

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7 min read

There's a New Way to Tackle FP&A, and It Runs Like Clockwork

There are two huge challenges that come with growing your accounting firm beyond traditional compliance and tax work:

  1.  Figuring out where to go next
  2. Figuring out how to get there from where you’re at

The first challenge is perhaps easier to overcome...

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5 min read

Solve Your Capacity Planning Challenges With These 4 Action Items

Achieving any form of balance or equilibrium within accounting can be like learning a new language: it’s far easier said than done. 

It’s more like trial and error—you keep at it and try different strategies until you start to get the vocab slightly less...

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4 min read

How Engineers Improve Month-End Review...in 24 Hours

We talk an awful lot about accounting and strategy related to things like increasing capacity at your firm or what to do with junior staff who have more time thanks to automation. Those are key conversations that must remain ongoing, but we’re going to...

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5 min read

To Better Serve Clients, Focus on These Soft Skills in Accounting

Accounting isn’t just about numbers. At its core, a career in accounting is a career in people and relationships.

So for accounting professionals to find success, they must go above and beyond day-to-day accounting services. The key to unlocking this...

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3 min read

What's the Scoop on Botkeeper's Series C Round of $42 Million?

The entire Botkeeper family is excited to announce our latest news: we recently closed on a $42 million Series C round of funding! The investment was led by Grand Oaks Capital, the investment firm founded by Paychex founder and chairman Tom Golisano, who...

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5 min read

Here's How to Ditch Seasonal Firm Growth for More Predictable Growth

The World Series just ended, and it got us thinking about how accounting is a bit like baseball: it’s heavy on numbers and statistics, it can be mentally exhausting, there are a lot of late nights where your idea of eating healthy goes out the window,...

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5 min read

Better CAS Means Better Questions: 5 Questions You Should Be Asking Clients

How does an experienced accounting professional merge their years of experience and skills with the specific needs of their clients? To be honest, it ain’t easy, but it’s an essential piece of providing accounting advisory services.

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5 min read

Want Lifelong Advisory Clients? Solve These 4 Business Accounting Problems

With the ongoing evolution of the accountant’s role thanks to technology (notice we didn’t say tech was replacing accountants!), it’s not always obvious to determine what an accounting professional is supposed to actually do these days. Of course, the...

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6 min read

How to Know Which Clients Would Benefit from Advisory—And What They Want From You

Let’s take a moment to consider how different accounting is these days.

It’s no longer just about balancing books, running payroll, preparing taxes, and performing audits. These are still priorities, of course, but thankfully AI makes all of these much...

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4 min read

Here's the Secret to Filing 1099s This Tax Season...Don't Do It!

Well, we did it. We blinked, and tax season is staring us down once again. While that’s possibly scary news for some accountants and their client entities, it’s not such a big deal when you have enough bandwidth and support!

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5 min read

Your Accounting Advisory Strategy Should Be Built on This Pivotal First Step

If you’re keeping up with accounting industry news and message threads, you’ve heard a lot about how accounting advisory services can lead to huge growth for an accounting firm. But that blanket observation makes a lot of assumptions:

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5 min read

Increasing Your Firm's Value Proposition Depends on One Major Process

Have you ever thought of how offering your services is like pulling teeth?

Sadly, your clients might feel like meeting with their accountant is like going to the dentist for some terribly painful procedure. Whether they want to or not, they know they...

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5 min read

Want Happy Accounting Clients? These Strategies Will Help

There’s a lot of chatter in accounting circles and on accounting social media about the importance of client advisory services. Much of the messaging focuses on how CAS is the future of the industry and should be considered a huge money-making...

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4 min read

Vic.ai & Botkeeper Have Teamed Up—Here's Why That's Good for Accounting

In July of this year, we announced a new partnership with Vic.ai, a fellow pioneer of automation with a target on the accounts payable process (among other pre-accounting solutions). We engaged in this relationship for a number of reasons, with the...

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5 min read

The 5 Deliverables Businesses Really Want From a Virtual CFO

With emerging softwares and progress in automation, the role of the modern accountant is changing. We’re not saying that tech is here to take an accountant’s job—far from that! But we are saying that it’s changing the game for all levels of accounting...

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5 min read

Your Firm & Open Banking Apps—Here's How to Take Full Advantage

Remember going to the bank? We used to do it all the time for virtually every financial task related to our personal and corporate accounts. There’s still nothing quite like the whooshing sound that goes with sending a deposit through one of those...

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5 min read

When's the Perfect Time to Offer CAS Services?

The accounting industry is changing, and more business owners are looking to accountants as trusted resources for securing their financial future. This creates a new opportunity for firms everywhere to start offering CAS services—they can be your key to...

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6 min read

Which Financial Statements Have the Biggest Impact on Client Success?

Sometimes entering a new client engagement can feel like walking into a middle school cafeteria after a food fight—broken food trays are scattered all over the floor, there’s pudding on the ceiling, and a Salisbury steak stuck to the window. When every...

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5 min read

How to Use Your Client's P&L to Create Advisory Opportunities

It’s one of the most valuable reports a business owner can have: the profit and loss statement. But too often, entrepreneurs obsess over the bottom line and gloss over everything above it.

Why? In a world where more than 25% of all small businesses fail...

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5 min read

How Bookkeeping Fits Into CAS Accounting & Why You Should Set it to Autopilot

You know good bookkeeping is at the heart of healthy financials—and client advisory services (CAS), too. Whether you’re serving individuals or businesses, maintaining accurate, up-to-date ledgers and creating timely financial reports lie at the core of...

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Explore These 8 Promising Market Verticals for CAS Practice Growth | Botkeeper

4 min read

Explore These 8 Promising Market Verticals for CAS Practice Growth

This might seem counterintuitive, but narrowing your firm’s focus to specialize in one or a few markets can actually increase your firm’s growth potential.

Particularly, this is true for your CAS practice. Once your firm has committed to and built out...

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6 min read

How Much Does it Cost to Recreate Your Accounting Tech Stack?

Technology and business are more ingrained than ever before. A lot of business has moved online, simultaneously creating additional growth opportunities and introducing more complexity to the mix. As a result, the tools that we use to run our businesses...

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5 min read

Follow These Marketing Best Practices to Drive More Advisory Clients

As the leadership coach Marshall Goldsmith wrote, “what got you here won’t get you there.” And when it comes to marketing your accounting firm, he’s right.

That’s because most firms built their client foundation on bookkeeping and tax preparation...

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6 min read

What Accounting Firms Need to Know to Overcome Talent Retention Challenges

Talent shortage is a problem in accounting. It has been for decades, and it’s only getting worse. Firms face a historical struggle to find quality accountants—and keep them—while focusing on growing the business.

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6 min read

Is Your Firm Ready to Weather the Great Resignation?

Last year, we wrote about the looming accounting shortage and how year-over-year growth in the accounting industry was down 2%. At that time, we thought the situation was limited to a reduction in the total number of accountants available to hire based...

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2 min read

What Does 6 Years of Human-Assisted Automation Look Like?

A lot happens in a year, and this last year has been eventful, to say the least. We’ve changed the way we work, witnessed big investments in accounting firm competition, and joined forces with groundbreaking technology partners to create an even better...

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2 min read

Botkeeper Partners with Vic.ai to Evolve Accounting Automation

Botkeeper clients will soon be able to access a new feature embedded in the Botkeeper Operating System, powered by Vic.ai. This new module will provide accountants and firms a unified, faster, more intelligent, and advanced autonomous Accounts Payable...

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4 min read

Your Most Urgent Need Is Capacity—Here's How to Increase It

If you could pull a lever to create more capacity at your accounting firm, would you? Of course you would! We know from speaking to many growth-focused firms that capacity is a major issue, and firms will do whatever they can to increase it.

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6 min read

How Creating Productized Service Menus Unlocks New Accounting Firm Growth

A big challenge for many firms is achieving profitable growth. Building up a client base and increasing their gross revenue is one side to growth. But when you take a look at the net gains, the profit may not be as great as you thought.

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7 min read

Audit Is Changing...What’s Your New Money Maker?

Accountants are in a bit of a weird position these days—remote work is the norm, technology is rapidly changing workflows and firm operations, and services we’ve relied on as traditional money makers aren’t growing at the same pace as they used to. 

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5 min read

The Most Important Metric for Firm Growth Is Revenue Per Client—Here's Why

How do you drive success in terms of sales and growth? Are you looking at average revenue per client (ARPC) as a key metric?

To be fair, ARPC is a metric often prioritized by software companies, but in this day and age, firms can learn a lot from this...

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8 min read

These 6 Strategies Will Help You Build Your Dream CLIENT ACCOUNTING SERVICES

When it comes to adding accounting advisory services to your firm’s menu of offerings, there are a lot of resources available that will tell you to do this or do that. In fact, a quick Google search returns more than 81 million results for the question,...

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6 min read

Should Your Firm Charge for Initial Assessment? These Are the Pros & Cons

Are you charging potential clients for initial assessments? If not, your firm may be burning money—and missing out on the chance to filter the type of clients you work with (and the services you offer them).

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6 min read

If You're Targeting Growth, Avoid These 7 Common Pitfalls in Accounting Automation

In a detail-oriented profession like accounting, it can be difficult to transition to a more hands-off approach after you’ve been responsible for all of it in the first place. If you have to review something to ensure it’s done right, why not just do it...

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5 min read

Why We're Inviting Firms to Evaluate Automation—And Get Paid for It

It's not clickbait, and it's not a gimmick. We're really paying accountants/firms to explore the idea of adding automation to their firm operations. 

And here's why: our mission is to bring value to the accounting profession in all aspects of what we...

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5 min read

4 Common Pitfalls in Advisory (and How To Avoid Them)

Believe it or not, there’s a lot accountants can learn from professional sports. Take the Olympic steeplechase event in track and field—at the beginning, it looks like any ordinary distance race. Then come the hurdles...then comes the hurdle-water pit....

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6 min read

Selling CAS in 2021: Your First Steps Toward Big Results

The accounting industry is changing, and with it comes a change to how accounting firms service their clients.

For instance, in Sage’s “The Practice of Now 2019 report, 44% of accountants believe that “business advisory” is a necessary skill set for the...

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5 min read

Still Confused About How AI Helps Accountants? This Article Will Help

We live in an amazing age where seemingly every problem can be fixed by a specific tool or piece of technology. You missed the golf ball and created a divot with your club? There’s a tool for that. Curious if that plant growing in your garden bed is a...

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5 min read

Planning to Sell Your Accounting Firm? Start Here, and Start Today

Regardless of if you’ve decided that a sale is your end goal, you should be running your firm like you’re going to sell it tomorrow.

We don’t say that to mean that you will sell tomorrow, but being able to means that your ducks are in a row, your firm is...

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5 min read

CAS Meaning and how it Determines Your Growth Strategy

Can you imagine a world without acronyms? Communication would without a doubt be more of a chore, and it would take longer, too. Indeed, acronyms are fantastic. But FWIW (for what it’s worth)—for an acronym to be truly effective, it must be defined and...

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5 min read

A 360º Data View Will Transform Your Firm into a Super Force

The role of accounting professionals has been in constant evolution for decades. Traditionally, accountants and CPAs were relegated to the books and compliance duties. This is mostly due to the pre-spreadsheet and pre-internet era when these tasks...

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6 min read

Accounting Firm Growth Depends on Your Ability to Segment Your Audience

Whenever your accounting firm is looking for growth, it essentially has two options. Option one is to look for the same kind of client you’re already serving, and option two is to look at new market segments and trends as potentially uncharted client...

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6 min read

How Better Results Are Tied to Process Improvement | An Interview With Chris Barnes

Until last year, every tax season was virtually the same as the year before, which meant that firms could get by doing the same ol’ thing to get the same ol’ results.

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4 min read

Overcoming Common Agile Software Development Struggles | Thoughts From Botkeeper Engineering

As a company that straddles two essential industries—accounting and technology—we have a unique opportunity to share our views and strategies as they relate to both verticals. Our amazing team of Botkeeper Engineers are industry leaders in their own...

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4 min read

Pilot's $100m Funding Round: What it Means for the Accounting Profession

The field of competition for accounting firms just got a bit more interesting, and not in a good way.

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5 min read

Is Your Firm 'Modern'? Look at How You Hire to Find Out

Every accounting firm is a business, but does that mean your firm should function like a traditional company? A typical business has many moving parts, a variety of roles, and a structure in place. It’s an entire system that revolves around the company’s...

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6 min read

Firms Should Prioritize Internal Growth If They Want Comprehensive Growth

Running any business is like riding a roller coaster: it’s only fun and exciting if the whole thing keeps moving. That’s true for any kind of business, especially accounting firms with big growth goals related to:

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4 min read

You Already Use Automation, But Are You Getting the Most Value From It?

This may come as a hard truth for those who fear change, but there’s no escaping automation. We come in contact with some element of automation from the moment we wake up—it’s in our smartphones, computers, cars, TV, behind the scenes of your bank...

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4 min read

Should Congress Extend the 2021 Tax Deadline?

Citing COVID-related issues from last year and a need to provide relief to taxpayers, lawmakers have asked the IRS to extend the tax season to July 15. For some accounting professionals, that could be a good thing: more time to work on difficult filings...

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5 min read

Who Benefits the Most From Automation at Your Firm?

New tech can give accounting firm owners and partners mixed emotions. On one hand, there’s the hope of improving processes while driving greater revenue. On the other hand, there are concerns related to cost and how to implement a new tool across the...

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4 min read

How Diversity and Inclusion Benefits Your Accounting Firm

There’s a preconception that the accounting industry is very “traditional.” And in many ways, that’s a positive; good accounting traditions help keep our world running, like filing taxes and supporting small businesses. And accountants are the heroes who...

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3 min read

These New Strategies Will Save You Seasonal Hiring Stress

We’ve all heard about or experienced firsthand some awful stories about hiring for tax season, and we do our best to avoid them from happening to us—or from happening again!

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3 min read

Botkeeper Creates A Superior Credential Management Process —Introducing Password Manager

Accounting professionals have a lot on their plates—even during slower times of the year. But having to store, manage, and stay up-to-date on all your clients’ credentials for accessing important financial data shouldn’t be a burden to bear. Accountants...

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Botkeeper | How to Launch New Accounting Services (Step-by-Step)

5 min read

How to Launch New Accounting Services (Step-by-Step)

What are all businesses—accounting firms included—trying to achieve on a daily basis?

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6 min read

Maximize Every Client's Revenue to Drive Rapid Growth

We hear about accounting firm growth strategies all the time, but when it comes to putting a plan into action, many firms are lost on how to get started. 

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5 min read

8 Essential Things Accountants Should Have for The 2021 Tax Season

It’s here….

You know, that time of the year where accounting practices (like yours) are inundated with corporate tax preparation. Some repeat clients from previous years, some first-timers.

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3 min read

How the Fourth Industrial Revolution Impacts the Client Relationship

The Fourth Industrial Revolution is here, and it’s changing the way we do business. Also known as Industry 4.0, the Fourth Industrial Revolution is the ongoing automation of traditionally manual processes.

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4 min read

The Strategic Benefits of Automation in a CPA Firm

“Automation is coming for your job!”

Hold up—that’s not true. In fact, it’s so far from the truth that not even Google Maps can help find where it belongs.

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4 min read

3 Accounting Trend Predictions to Take Advantage of in 2021

Every industry experienced massive shifts in 2020, and accounting is no exception. Stemming from all we learned in the last year, the burning question for 2021 is simply, “What’s next?” 

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4 min read

Is the Automated Tax Return Possible?

The ideal tax season is one that requires no tax work at all. Sure, tax can be lucrative, and it’s always nice to present a return to a client who’s truly grateful for your work...especially when they make it easy on you. But imagine a low-stress tax...

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Botkeeper | Is Your Firm Ready for Growth?

5 min read

Is Your Firm Ready for Growth?

In the height of summer, Inovautus Consulting ran a survey asking CPAs and accounting firms about how the pandemic affected their business. The results were a bit surprising: many firms had grim prospects for growth moving forward, and a majority of...

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1 min read

A Holiday Tale of Accounting Automation

 
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5 min read

How to Handle New Clients & Their Messy Year-End Close

Year-end is a great time for your accounting firm to prepare for an influx of client requests. For better or worse, tax deadlines create a natural force for businesses to think about organizing their financials.

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3 min read

Botkeeper Releases Smart Connect, The Future Of Financial Data Access

Prepare yourself for an understatement: Accounting isn’t what it used to be. 

Yes, the dramatic life shifts we’ve all experienced have thrown accounting firms into unknown territory this year, but the industry was already on its way toward a new order....

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4 min read

How to Determine What Client Advisory Deliverables to Offer

There’s no denying that more and more firms are positioning themselves to offer their clients advisory services, and the reason is clear. Financial guidance is a cornerstone of business success, and business owners need a trusted advisor to provide a...

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4 min read

Maximize Productivity at Your Firm With This Refresher

Can you believe the holiday season is already upon us?! In some ways, it feels like 2020 started three years ago, and in other ways, it feels like we blinked and we’re suddenly preparing to celebrate a new year. Regardless of how you feel about this...

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4 min read

Botkeeper’s Proactive Engineering Saved One Client 60 Hours per Month

We're firm believers in the idea that challenges are opportunities in disguise. Call it a positive outlook, if you will, but we just think of it as a helpful approach to problem solving. And that's why Botkeeper was created: to help solve the problems...

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5 min read

How Automated Billing Improves Your Accounting Firm Workflow

Any accounting professional knows that a big part of the job is dedicated to settling client accounts and managing invoices. Thanks to continually evolving technology available in the accounting sector, this hefty task is becoming smaller and more...

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4 min read

What’s the Key to Accounting Firm Differentiation?

Do you ever feel like the services you offer—those that are massively important to your clients’ business health—are taken for granted? You might even feel like clients view accounting firms as a necessary evil just to help them get through tax season.

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4 min read

How The Top Firms Attract a 6-Figure Monthly Book of Business

Accounting firms are like nearly every other business out there when it comes to the range of success they see on a monthly basis: some are still trying to figure out how to get off the ground, while others pull in 6-figures in revenue each month.

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5 min read

Making Radical Bookkeeping Easy

A few months before COVID-19 hit and turned our professional and personal lives upside down, I joined Botkeeper as VP of Strategy. For ages, I’ve been preaching the need to go digital, to get on the cloud, and to find ways to automate workload so we can...

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6 min read

An Introduction to Botkeeper Growth Partners

These days, to say that change can be hard would most certainly be an understatement. After what accounting firms have learned so far this year, we know that change is hard, especially when it’s forced upon you overnight.

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3 min read

Scaling Like a Pro: A Guide for CPA Firms

Accounting firms typically grow in one of two ways. Either they grow organically and hire more staff as the need for client work grows, or they grow through mergers and acquisitions and physically become larger firms. There is a third option to growth...

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6 min read

4 Essential Steps for Better Onboarding at Scale

Growing an accounting firm means you become a pro at overcoming your firm’s obstacles as well as helping your clients overcome theirs. Likely, one of those obstacles you’re familiar with is client onboarding—how to begin delivering your valuable services...

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4 min read

Automated Technology Helps CPA Firms Gain Competitive Advantage

"Data is the new oil.” What does that even mean?!

By way of a quick history lesson, oil was the means of rapid industrialization and development in 19th century United States. Eventually, it would become the primary fuel source and helped propel the...

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4 min read

Tech vs. Humans: How to Divvy Up the Accounting Work

When we talk about automation technology, it’s easy to let our imaginations run wild and jump to the distant future when bots might be able to operate independently from humans. But despite huge advances in automation technology, we’re not there yet, and...

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4 min read

Everything You Need to Know About Machine Learning and How it Can Help Your Accounting Firm

We might be a bit biased, but we think technology is an accounting firm’s best bet for achieving real growth in a short amount of time. In short, the output of automation is more time for humans, which creates new opportunities for firm growth.

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4 min read

Bots Need Data: Training Makes Them Smarter & More Accurate

Have you ever seen the movie How to Train Your Dragon? A young Viking boy, who has grown up fearing dragons, meets one in the wild. Over time, he develops an understanding of the creature and learns how to communicate with him, and eventually both...

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3 min read

Botkeeper Introduces the New Transaction Manager Tool

With all that’s gone on—with all that’s still going on—most accounting professionals are busier than ever. On one hand, your business clients need financial clarity and trusted advice more than ever, representing unprecedented growth opportunities with...

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7 min read

So You’ve Partnered With Botkeeper—Now What?

Earlier this summer, as an escape from the mask city life, my boyfriend and I decided to take a ride to Cape Cod and hike the Dune Shacks Trail. I still remember how impossibly far the inlet to the water was when we first started our journey. Up and down...

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6 min read

5 Accounting Firms Thriving During COVID

Back in early 2020 when the entire world began to shut down because of the pandemic, accounting firms were already in the swing of their busiest season. They were handling tax write-ups and helping clients prepare their filings when suddenly, other...

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4 min read

What is Automated Bookkeeping and How Do I Integrate it into my Accounting Firm?

Do you know what automated bookkeeping is or how it benefits accounting firms?

Don’t worry—you’re not alone. Lots of people have questions about what exactly automated bookkeeping is. To help, we've put together a quick, simple overview of how automated...

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5 min read

The Top 4 Bookkeeping Mistakes Costing You Money—and How to Stop Them

When we think about the most successful accounting firms and businesses, we think of those that have it all together. They operate effortlessly and have everything in order...or so it seems.

The reality is that they’re successful because they’ve figured...

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5 min read

3 Steps to Developing a Forward-Thinking Virtual Firm

The CPA firm of the future will likely look much different than how firms have looked for the past several years—and that doesn't have to be a bad thing! If the COVID-19 crisis has taught us anything, it’s that a virtual CPA firm is not only possible,...

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13 min read

19 Common Misconceptions About Botkeeper

The internet is full of misinformation, and that’s no surprise to anyone. In fact, 52% of Americans believe they’re served fake news on a regular basis. And the leading source of misinformation? You guessed it—social media. A classic example: how many...

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4 min read

10 Compelling Reasons to Automate Bookkeeping in Your Accounting Services

Here’s some exciting news for automation nerds like us: automated bookkeeping services are rapidly gaining in popularity! We know—it’s pretty cool. In fact, according to Sage’s Practice of Now 2020 report, 73% of surveyed accounting professionals are...

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4 min read

The Anatomy of a Great CPA Firm Explained

When you think of a CPA firm that seems to have it all together, what comes to mind? Is it their services and clientele? Their firm size or funding? Maybe it’s their influence in the accounting and business communities?

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5 min read

8 Tips for Getting Your Firm Acquired

There are lots of reasons why a CPA firm might be ready for acquisition. Business climate changes, firm growth, or partners reaching retirement age are some of the most common.

Regardless of why you're interested in getting your CPA firm acquired, it's...

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1 min read

Botkeeper Is Named No. 850 on Inc. 5000

Exciting news out of New York this morning:

Botkeeper has been included in the Inc. 5000 list of fastest growing companies in America.

The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify,...

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4 min read

Reopening Your CPA Firm After COVID: Expectations vs. Reality

At some point in life, everyone experiences the disappointment that comes when they realize their expectations didn't align with reality. Especially these days, it's difficult to make your hopes and the real world line up.

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6 min read

PPP and ADP Are Making Payroll Sexy…Finally

Recently I talked all things related to the Paycheck Protection Program (PPP)—from loan application to forgiveness—with ADP's service specialist, Erron Stark, who delivers first-class services and solutions to the accounting community nationwide.

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2 min read

CPA Firm Leadership: How to Address Layoffs

There's been a lot of energy put toward modeling our economy during the COVID-19 crisis on past events, whether it be the Great Recession or the Great Depression. Either way, those models cannot anticipate the trajectory of this virus, nor can they quell...

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6 min read

Is Your CPA Firm’s Culture Intact?

CPA firms are looking at the future of their businesses and coming to terms with new realities; working remotely, implementing rotating schedules, and an infinite number of hybrid options are looming large on the horizon. At stake in these new operating...

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Botkeeper Celebrates Five Years & Accounting | Botkeeper

2 min read

Botkeeper Celebrates Five Years & Accounting

It all started with a near disaster—a cash catastrophe, if you will.

Botkeeper CEO and cofounder Enrico Palmerino was running a previous startup called ThinkLite, which was doing well and growing faster than most startups. But the company’s rapid growth...

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3 min read

Accountant’s Guide to Zapier: Adding New Clients to a Marketing Welcome Campaign in Mailchimp

A new client is added to QBO, and simultaneously that client is added to your marketing welcome campaign in Mailchimp.

It’s always a good idea to welcome new clients to your business in some personal manner. It makes them feel like they’re going to be...

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Do You Have Info ROT? What It Is & How To Avoid It

6 min read

Do You Have Info ROT? What It Is & How To Avoid It

We’ve come a long way from using floppy disks and CDs to store our business data and files. These days, many people and businesses have moved to the cloud for data storage and file management, and others use servers housed in office closets and storage...

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5 min read

What AI & ML Are Doing Today to Shape the Future of Accounting

As more and more companies and accounting firms are looking for solutions to speed up various business processes, accounting automation through artificial intelligence (AI) is inevitable.

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Botkeeper Joins FDX to Help Drive the Future of Financial Data | Botkeeper

3 min read

Botkeeper Joins the FDX to Help Drive the Future of Financial Data Management

As a leader in the accounting automation space, we’re overjoyed to join the Financial Data Exchange (FDX), a nonprofit dedicated to unifying the financial industry around a common, interoperable, royalty-free standard for secure and convenient consumer...

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How Social Media Can Give Your Accounting Firm a Boost | Botkeeper

7 min read

How Social Media Can Give Your Accounting Firm a Boost

There are usually two ways social media is perceived by accountants. One side, perhaps most often from the newer accountants, loves it and sees it as a great way to stay up to date with the latest news or trends. The other side might view social media as...

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Soc2 Type 1 Badge

3 min read

Botkeeper Achieves SOC 2 Type 1 Attestation

We are thrilled to announce that Botkeeper has successfully completed an audit established by the American Institute of Certified Public Accountants (AICPA) to certify its SOC 2 Type I compliance for our automated bookkeeping platform! This audit will...

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3 min read

Using Technology to Evolve the Accounting Sector—An Interview With Enrico Palmerino

The following is a guest contribution from our friend Ton Dobbe, founder and Chief Inspiration Officer at Value Inspiration. And if you'd like to listen to the podcast interview, click here.

Every week I interview entrepreneurs and experts from around...

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11 min read

What We Know About ROI: A New Approach for the CPA

In the scramble to adjust to running an accounting firm during a pandemic, many firms invested in new technology to help them bridge the gap between a traditional in-office operation and a new virtual approach. And understandably so—it was an unforeseen...

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3 min read

Botkeeper Brings the Future of Bookkeeping Closer With $25 Million Series B Funding

We’re bursting with excitement to announce that Botkeeper has raised a Series B round of $25 million from a group of awesome investors, which will propel our vision of growing the amazing Botkeeper community, further our mission of building the future of...

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It's Time to Speak Up | Botkeeper

2 min read

It’s Time to Speak Up: A Note From Our CEO

As the leader of an organization of 100+ amazing people coming from various backgrounds, religious views, and lifestyles, it’s always been important to me that we go above and beyond in being inclusive, supportive, and understanding. This is a vital...

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How to Use Zapier to Automatically Update All Software After Adding a New client to QBO

3 min read

Accountant’s Guide to Zapier: How to Automate Repetitive Tasks

Imagine…a new client is entered by one of your bookkeepers into QuickBooks Online (QBO), and you’re automatically emailed a notification acknowledging the action. But not only that—you also learn that they’ve been added to a running Google spreadsheet of...

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1 min read

Selecting an Automated Accounting Solution | An Accountant's Guide

There used to be this notion in accounting that if you were an early adapter to technology, you were considered progressive. Industry veterans might have looked at you as though you were some foolhardy explorer on a wasteful quest to burn budget on...

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2 min read

Artificial Intelligence is the Future of Accounting with Jody Padar

This blog post was originally published on The Change Your Mindset Podcast hosted by Peter Margaritis.

Can artificial intelligence enhance your accounting practice? It absolutely can. Jody Padar is the VP of Strategy with Botkeeper, a company that...

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Accounting Automation: Expectations Vs. Reality

4 min read

Accounting Automation: Expectations Vs. Reality

Technology advancements over the past five years have changed the business landscape completely—and the evolution isn't slowing down anytime soon. This is especially true in the accounting space, where we’ve seen a large pop in the progression of...

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9 min read

The Advanced Guide to Automation in the Accounting Industry

Like the transition from the abacus to the calculator, the accounting industry eagerly embraces changing technology—and the ability to make accountants' lives easier. Just as accountants embraced the convenience of spreadsheet technology, so a new...
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The role of compliance is to prevent fraud and theft | Botkeeper

7 min read

How Changing Compliance Software Will Impact Accounting in the Future

Compliance refers to ensuring that a company’s practices are well in line with the current legal and financial regulations. These can include federal, state, and international law. Remaining compliant might also mean upgrading or updating old hardware...

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6 min read

Breaking Down Blockchain for Accountants in 2020—and Beyond

Blockchain technology, along with being a new buzzword, is also one of the most exciting technologies of the 21st century. A universally decentralized ledger system that can share data among an infinite number of users—a blockchain is unhackable. Due to...

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5 min read

An Introductory Guide to Artificial Intelligence in Accounting

According to recent statistics, 82% of businesses are failing as a direct result of mismanaged profit and cash flow. While this is a scary statistic for business owners, you'll be happy to know that there are some very simple ways that you can ensure...

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3 min read

Tips for Maintaining Bookkeeping Disciplines When Your Client Base Doubles

Rapid business growth and increased sales are often the epitome of a “good problem” for accounting firms. While doubling your client base generally means an exponential rise in revenue, unprecedented growth tends to be a great disruptor for bookkeeping....
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4 min read

How to Beat the Big Firms by Leveraging Accounting Tech

Not everyone who’s familiar with Jody Padar knows why she’s nicknamed the Radical CPA. In addition to being considered a bit progressive with her online presence (check out her Twitter and LinkedIn pages), she’s passionate about leveraging quality...

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2 min read

Botkeeper Welcomes Boston-Based Intellistack Into Partner Ecosystem

Boston, MA – Today, IntelliStack announces that it has now joined the Botkeeper Partner Program Ecosystem. Botkeeper, a leading automated bookkeeping solution, works hand-in-hand with Accounting Firms to help grow their business, improve margins, and...

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CPA Love

3 min read

An Introduction to Mental Health: Have You Ugly Cried Yet?

April 15, 2020 was not met by the collective sighs of CPAs nationwide nor the acknowledgment of arduous work done well for the nation’s millions of taxpayers. This April 15th marked an indistinguishable day amongst many of social distancing, sheltering...

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2 min read

When the Rules No Longer Apply, Be Like a Startup

The world in the time of Corona is upside-down! The first thing to acknowledge is that in the next six to ten months, new legislation, new social and professional norms, and new practices in every sector will become solidified to create a new normal....

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CPA Love

2 min read

Avoiding Virtual Pitfalls: The Art of the Pivot

Gretchen Pisano’s pointer for nailing the pivot and common missteps: Every new day is an opportunity to communicate and support your clients.

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CPA Love

3 min read

7 Ways Accountants Can Help Their Clients Survive

“What we're seeing now is unprecedented, unplanned for, uncalled for, and there was just no way to ever anticipate or prepare for it. Things are different… We have to adapt and we have to do that immediately and on the fly. We can't think about what it...

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3 min read

Best Practices to Next Practices: How to Gauge & Assuage Client Fears

Gretchen Pisano sat down, metaphorically, with Botkeeper’s Jody Padar to examine uncertainty as it relates to the intimate relationship between CPA and client. At this stage in the COVID-19 trajectory, fear and anxiety are transforming otherwise...

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11 min read

Botkeeper vs. Veryfi — Which One Is Right for Your Business?

Watching the accounting space over the last 5 years has been quite a whirlwind for an industry that was like a dinosaur for more than a decade! Within those prehistoric times, many accounting firm and business owners associated doing their books with the...

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7 min read

Why You Should Practice Accounting Advisory With Emotion

If there are specific people that business owners trust, their accountant is very high up on the list. Accountants watch over their clients’ finances, make recommendations for cost-saving and growth opportunities, and they ultimately provide their...

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4 min read

Tm2 Saves 30 Hours A Week with Botkeeper’s Accounting Partner Program

Tm2 Accounting Solutions in Nashville, Tenn., was developed out of the idea that there’s a better way to serve and meet clients’ financial and tax needs. It started as merely a side gig for business and real-life partners Tiffany and Kristopher Miller,...

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4 min read

Business Budget Essentials: A Guide to the Cost of Employee Benefits

What’s the secret recipe for keeping your employees happy? Some might think it’s as simple as bringing in a ping pong table and free lunch, but a 2017 study of more than 500 employees showed that health benefits, paid time off, and a 401(k) plan are...

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8 min read

How to Create Affiliate Marketing Content That Sells

Have you ever noticed how a lot of online recipes require a specific brand's tool or ingredient? Like a specific cookie cutter for making snickerdoodles or a particular can of spicy tomatoes for that game-day dip? Usually, the recipe comes with a link...

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4 min read

Job Costing Advantages & Disadvantages: Is It Right for Your Construction Company?

Owning a company is like owning anything else: you love some aspects of it, and you despise others. We hear about the best and worst parts of ownership/leadership all the time, and everyone seems to agree that the worst part is managing accounting. (The...

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1 min read

Case Study: How the Radical CPA Grew by 7x

Before Jody Padar joined her father’s Chicago-based CPA firm, the bulk of their work and focus was on helping clients with tax prep and filing. There was no innovation, and certainly no time to explore new growth opportunities for a small firm with...

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5 min read

Should Nonprofits Use Cash or Accrual Accounting?

If you're a nonprofit, you know better than anyone how your requirements and struggles are unique. At any given time, countless tasks demand your time, attention, and money—and that's on top of fundraisers and other charitable and social events. 

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6 min read

Everything You Need to Know About Recording In-Kind Donations for Nonprofits

As a nonprofit organization, you’re required to record and report not only cash donations but in-kind contributions, too. Sound like a lot? That’s because it is!

In-kind gifts make up a majority of donations to nonprofits, and these charitable...

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7 min read

When Things Don't Add Up: How to Navigate Common SaaS Accounting Challenges

In a world where the average company uses at least five clouds at once to store data and information, SaaS businesses are in high demand.

SaaS—software as a service—companies host an application and then make it available for customers over the internet....

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What Percentage of Construction Costs Is Labor? Pricing Your Bids Correctly

Sometimes there’s truth to the old adage that if you want something done right, you do it yourself. And usually that’s when you’re working on a passion project that requires your own individual creativity. But smart business owners with growth mindsets...

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Tax Education: Everything You Need to Know about the Federal Tax Deadline | Botkeeper

7 min read

Tax Education: Everything You Need to Know about the Federal Tax Deadline

Any American with a pulse knows that individuals and businesses pay a plethora of taxes. But it wasn't always that way. Even though taxes have been around since before the inauguration of the United States, they used to be much simpler.

Plus, there...

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Here are five of the top reasons we encourage flexibility in the workplace. | Botkeeper

5 min read

Botlife: Why We Value Flexibility in the Workplace

“Bot” may be in our name, but robots aren’t necessarily our premium priority at Botkeeper. In fact, we have a whole team of humans behind the bots, and we put their happiness and quality of life right up there with creating and maintaining the...

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4 min read

Job Costing for Construction: What It Is & How It Helps

There are a lot of responsibilities that come with running a successful construction business, but job costing is one of the most important. It's sort of like planning out your grocery list for Thanksgiving dinner...you want to get just the right amounts...

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Construction Accounting Basics for Contractors

A day in the life of a contractor is a busy one. You’re up early to answer emails and sort through paperwork before heading to a jobsite. From there your day is full of meetings with subcontractors, reviewing the progress they’ve made, and making sure...

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What Does the COO of an Accounting Firm Do?

Another installment in our CPA Insights series, the Radical CPA Jody Padar sat down with Bernie Lietz, COO of Topel Forman in Chicago, at the AICPA ENGAGE event. Among the hot topics covered were what it’s like to lead a firm while balancing lots of...

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Businesswoman hand touch cube as symbol of problem solving

5 min read

Botlife: Where Innovation Trumps the Status Quo

This might come as a surprise to you, but not everyone at Botkeeper is an actual bot. In fact, our collective bot body is made up of dozens upon dozens of full-fleshed humans who specialize in everything from accounting to tech. For a lot of companies,...

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Data spreadsheet and pen

6 min read

Bookkeeping with Excel Templates: Pros & Cons

You might visualize bookkeeping as sitting at a desk covered in receipts, looking through a green visor at rows and rows of hand-written numbers. And you wouldn't be entirely wrong. Many businesses have traditionally used programs like Excel to handle...

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8 min read

Improve Your Accounting Practice With Technology

Adapt or deal with being left behind. There’s no shortage of internet articles about how companies and firms must learn to evolve if they don’t want to get left behind.

Radical CPA Jody Padar covered this exact topic at the AICPA Engage conference in Las...

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4 min read

Bookkeeping vs. Accounting: What's the Difference?

Unless you’re a bookkeeper or accountant by trade, you probably don’t spend your days thinking about the two (but hey, no shame if you do). Similarly, you probably don’t know that there’s a difference between the two.

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shutterstock_609134795

5 min read

What Does a Modern Bookkeeper Do?

Bookkeeping…we’ve all heard of it, but what exactly is it? In simple terms, bookkeeping is defined as creating and maintaining the financial records and reports of a business. In short, bookkeepers take care of all the mundane tasks that are required to...
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15 min read

Botkeeper vs. ScaleFactor vs. Pilot vs. Bench: Which Bookkeeping Software is Right for Your Business?

Update: As of June 23, 2020, ScaleFactor announced that it would be closing.

Whether you run a startup company or manage a billion-dollar enterprise, bookkeeping is one of the most important tasks for any business. Business owners want (and need) to...

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Botkeeper blog - whats possible with automation

5 min read

13 Possibilities With Automated Bookkeeping

It's 2019, and we have machines to do nearly every awful task that we never wanted to do again...a dishwasher for our dishes, washing machine for smelly clothes, GPS for getting us anywhere, cars that drive and park themselves (also for getting us...

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Botkeeper How to Void a Check in QuickBooks Online

2 min read

How to Void a Check in QuickBooks Online

Ah, nuts. You realize you've written a check in the wrong amount, or you've sent it to the wrong vendor because you have so many to keep track of and sometimes things get mixed up. #smbproblems 

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Botkeeper Gartner Cool Vendor v2

2 min read

Gartner Says Botkeeper Is a "Cool Vendor," and We Tend to Agree

After many formative years building Erector Sets and solving Rubik's Cubes, we at Botkeeper are delighted to finally be recognized as “cool” by the global research and advisory firm Gartner! Although the designation might not pack the same social punch...

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A step by step guide on how to reconcile accounts in QuickBooks Online

3 min read

How to Reconcile Accounts in QuickBooks Online

Trying to reconcile your accounts in QBO? Reconciling is the process of matching transactions into QBO against your bank or credit card statements. A fundamental piece of good bookkeeping is routine account reconciliation, the process in which you match...

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AI& ML-04

4 min read

What's the difference between AI and ML?

Artificial or augmented intelligence (AI) and machine learning (ML) have become hot topics in tech, business, and our everyday lives. In fact, a Google News search for the term “AI” returned 26.1 million results within the last 24 hours alone. That’s...

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5 min read

9 Signs You Have a Bad Bookkeeper

Having a competent bookkeeper could be the difference between steering your business to new growth and letting it spiral out of control, like a helicopter crash in an action movie. Whether your bookkeeper is an accountant who’s been with the company for...

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future-of-accounting

6 min read

Bookkeeping Meets AI: Trends and Predictions for the Future of Accounting

If you’re in the accounting profession, chances are you’re getting used to the integration of various forms of technology in the industry, including machine learning, cloud computing, and different forms of automation. Small and large accounting firms...

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botkeeper Everything You Need to Know About QuickBooks Live Bookkeeping

4 min read

Everything Accountants Need to Know About QuickBooks Live Bookkeeping

Accountants and bookkeepers alike were surprised earlier this month when QuickBooks announced it now offers “Live Bookkeeping” with all plans ranging from Simple Start to Advanced. The page promised: “Get valuable insights from unlimited one-on-one...

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botkeeper how to get the most out of your quickbooks online

3 min read

How to Get the Most Out of QuickBooks Online: 7 Tips

Whether you’re new to QuickBooks Online or a seasoned veteran using the software, you might not be getting the most value out of your subscription. Oftentimes, people overlook simple tips that could help them be more effective and efficient with their...

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botkeeper nonprofit tax filing tips

3 min read

501(c)(3) & Nonprofit Tax Filing Tips

Don’t freak out, but your non-profit tax filing deadline is quickly approaching. Individuals, businesses, and 501(c)(3) or charitable organizations will be required to file by the deadline required by their classification, and even though the tax filing...

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Botkeeper 3 differences between tax planning and filing

3 min read

The 3 Major Differences Between Tax Filing and Tax Planning

Just like there’s a really, really big difference between tax avoidance (lessening tax liability and legal) and tax evasion (the deliberate under- or nonpayment of taxes and criminal), there’s a big distinction between tax planning and tax filing....

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Understanding Bookkeeping for Small Business - botkeeper

3 min read

Understanding Why Tax Planning Is a Vital Step for Small Businesses

Though the deadline for filing your taxes may be months away, most small business experts agree: the two best times to get a jump on tax planning are “now” and “all the time.”

We know that isn’t always easy for an overworked, enterprising small business...

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Tax Planning by botkeeper

5 min read

Tax Planning for Beginners: 6 Key Principles Explained

Tax planning is, by definition, an assessment of your financial situation from a tax perspective for the purposes of reducing how much money you owe the government. Legally, of course. The goal is to take stock of the money you’ve made, and choose which...

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time

2 min read

5 Ways to Banish Stress (and Be a More Effective Entrepreneur)

As a small business owner, you’re surrounded by stress from morning to night (and even in your sleep). But there are ways to kill the killer of productivity and reclaim each day as a chance to make your mark in the world of entrepreneurship. Here are...

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3 min read

5 Steps to Improve Cash Flow and Overcome Business Growth Plateaus

Cash flow is essential for the healthy growth of any business. Making sales and delivering your products or services to the customers is great, but it doesn’t amount to much if you don’t have money on-hand when you need it. A lot of small businesses end...

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2 min read

4 Reasons Why Outsourcing Your Bookkeeping Can Save You Time and Money

For startups and small businesses, bookkeeping can be a real challenge. As an owner or manager, you’re faced with three options for accounting: do it yourself, have an employee do it, or let a third party take care of it.

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3 min read

The Cost of Bad Bookkeeping

Bookkeeping. An often overlooked area in the business- and yet, it can dramatically affect the success or failure of the organization. Most business owners tend to back burner the accounting in lieu of the “here and now” items - such as sales, marketing,...

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2 min read

The Rise of bots—and How Automation Will Reshape The Way You Work

Large corporations have been exploring automation, cloud computing, machine learning, and AI for years. Today, an amazing 80% of companies big and small are making the investment in these technologies. And impressive growth awaits the companies that are...

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accounting software

2 min read

Should I Upgrade my Accounting Software?

Most of what you read on bookkeeping discuss the benefits (and necessity) of accounting software for your business. But while it’s true there are many upsides to the technology, an accounting software package isn’t always the best idea. Here are just a...

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Screen Shot 2018-05-02 at 1.57.49 PM

2 min read

Botkeeper Named American Business Awards Tech Start-up of the Year!

Botkeeper named Tech Start-Up of the Year!

Today it was announced that Botkeeper has been named the winner of the Gold Stevie® Award in the Tech Start-up of the Year category of the 16th Annual American Business Awards®!

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mistakes in your books

1 min read

5 Ways to Avoid Bookkeeping Mistakes

It’s a necessary evil and a key component to your success. No one wants to spend their time doing it, but everyone knows procrastination isn’t an option. Bookkeeping! It isn’t a glamorous task but mess it up and you can really hurt your company’s...

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reduce accounting costs

1 min read

Key Ways to Reduce Your Accounting Costs

Reducing operating costs can be a smart way to run a lean efficient small business. If you struggle with spreadsheets, invoicing, accounting, and tax reporting issues, it’s worth looking at reducing your organization’s accounting costs.

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1 min read

QuickBooks Online Tutorial: How to Receive Payments

Receiving payments in QuickBooks Online helps maintain an accurate accounts receivable balanced. When a payment is entered into QuickBooks, the accounts and financial statements are affected.

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1 min read

QuickBooks Online Tutorial: How to Create an Invoice

Invoices are a culturally acceptable way of asking for payment. After you set up your customers, let’s create invoices.

There are two options from where you can create an invoice using QuickBooks Online: on the >homescreen or from the customer centre.

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2 min read

QuickBooks Online Tutorial: How to Add Customers

The success of every business enterprise depends on a comprehensive strategic planning that covers all the aspects of operations, from gaining a client to accounting tools used in gauging success in return of investments. Some companies have...
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3 min read

QuickBooks Online Tutorial: Bank Feeds, Adding & Matching Transactions

Another important process in QuickBooks Online is setting up bank feeds. It's good that your here because we are going to walk you through how to do just that in this QuickBooks Online tutorial. But first, we are going to go through the benefits of bank...

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quickbooks online tutorial, recurring transactions, recurring transactions templates

5 min read

QuickBooks Online Tutorial: Setting up recurring transactions 

Do you know how to set up templates for different recurring transactions in QuickBooks Online? If you don't, don't sweat it! We are here to help and are going to walk you through it.

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3 Great Techniques for Your Financial Statement Analysis

It is always a great time for analyzing financials statements, to get a feel for just how well your company performed in the past year.

While “financial statement analysis” sounds a bit intimidating, it really just means looking over the company’s...

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quickbooks online tutorial, quickbooks products and services 2

3 min read

QuickBooks Online Tutorial: Products and Services

We are back with a QuickBooks tutorial and this one is on setting up different products and services.

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