4 min read

Botkeeper Achieves SOC 2 Type 1 Attestation

By Jessica King on Jul 1, 2020 9:03:52 AM

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 enable us continue to help Accounting Professionals grow their firms, improve margins, and deliver better service to their clients by augmenting manual and tedious bookkeeping work, in a safe and secure environment. Our clients can get their bookkeeping needs met knowing they're backed by the highest quality standards in the space. 

Topics: Bookkeeping Botkeeper reviews accounting technology Accounting firm growth automated accounting Cybersecurity
4 min read

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

By Ton Dobbe on Jun 30, 2020 10:30:00 AM

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 the world to share their big ideas about new forms of value creation and the potential we can unlock when technology augments the unique strengths of people to deliver remarkable impact.

Topics: accounting technology accounting insights guest blog value creation
15 min read

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

By Aaron Sullivan on Jun 23, 2020 10:30:00 AM

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 challenge that caught most industries and businesses off-guard. Accounting firm leaders might have even said things like, “We just need to get by,” and, “Do whatever it takes,” so they could put their clients and staff first by patching together new processes for survival.

Topics: accounting technology listen on the go Return on investment ROI accounting firm software
7 min read

Accounting Automation: Expectations Vs. Reality

By Dominic LoBianco on May 20, 2020 3:26:40 PM

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 technology over the last two to three years. With artificial intelligence, machine learning, and robotic process automation being used to take on traditionally laborious work, today’s accounting professionals and business owners now have the ability to complete far more tasks in a much shorter period of time.

Topics: accounting technology Accounting firm growth automated accounting listen on the go
8 min read

Breaking Down Blockchain for Accountants in 2020—and Beyond

By Botkeeper on May 13, 2020 1:30:00 PM

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 its ability to share data and simultaneously record real-time transactions on every single computer connected to its network, the technology can’t be interfered with. If anyone tries to hack or scam a blockchain, the entire chain takes notice, and the chain will be forked where the hack happened, eliminating the culprit from the chain.

Topics: Ebook accounting technology automated accounting listen on the go Blockchain
6 min read

How to Beat the Big Firms by Leveraging Accounting Tech

By Aaron Sullivan on Apr 22, 2020 1:30:00 PM

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 technology to create a better accounting firm.

Topics: accounting technology The Radical CPA Accounting firm growth Accounting advisory services
6 min read

How to Use Tech to Organize Your Business Finances

By Aaron Sullivan on Mar 6, 2020 5:17:09 PM

Whether you’re an owner or an accounting professional helping business owners, it’s no surprise that running a company requires wearing a lot of hats—manager, sales associate, HR coordinator, operations analyst. It can quickly become exhausting and overwhelming! 

Topics: Automated Bookkeeping accounting technology bookkeeping for accounting firms, financial technology
20 min read

7 Experts Weigh In On the Future of Accounting

By Aaron Sullivan on Nov 5, 2019 2:58:47 PM

Every industry is impacted by the rise of technology and automation, and for many, that can be an overwhelming—possibly even scary—thought. So we set out to get to the bottom of how real accounting experts view this ongoing change to the industry. Our friend Jody Padar, The Radical CPA, conducted a series of interviews with accounting industry thought leaders and influencers, and we pulled together this collection of highlights as they relate to select questions.

Topics: Ebook interview accounting technology CPA insights The Radical CPA Accounting Industry Insights automated accounting
12 min read

How eMoney Advisors Can Help With Financial Planning

By Aaron Sullivan on Oct 29, 2019 12:54:28 PM

Financial planning can be intimidating. But it doesn't have to be, and that's what the Radical CPA Jody Padar covered in her final CPA Insights interview at the AICPA Engage 2019. Her guest was Celeste Revelli, director of financial planning at eMoney Advisors, an online financial planning service. 

Padar and Revelli chatted about all the different features eMoney Advisors has to offer accountants who are starting to dip their toes into financial planning. What lots of accountants don’t know is that you don’t need to be a certified Financial Advisor to start having those types of conversations with your clients. You need the right tools!

That's where eMoney steps in as a tool that helps CPAs see exactly where their clients are spending money so they can better advise them on saving and how to accomplish long-term goals. Padar even uses it in her firm to better serve her clients.

Topics: interview accounting technology CPA insights The Radical CPA
8 min read

Prepare your CPA Firm for the Future

By Aaron Sullivan on Oct 1, 2019 4:50:51 PM

Back at the 2019 AICPA Engage Event, Botkeeper Partner and Radical CPA Jody Padar spoke with Ryan Lazanis, a CPA from Montreal about helping other firm owners adjust to new technology and changes in the profession. 

Lazanis said he thinks we’re finished with the education phase—where firm owners are learning about all the new technology available to them and why it’s important—and we’ve moved onto the implementation phase in which firm owners are just trying to work out how exactly they can change their own processes. And he would know; he started an all-online CPA firm back in 2013 and found some pretty radical success through that adventure.

Topics: interview accounting technology CPA insights The Radical CPA cloud accounting the future of accounting accounting in canada
8 min read

Bookkeeping with Excel Templates: Pros & Cons

By Aaron Sullivan on Sep 19, 2019 2:05:00 PM

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 their business finances. But we live in the future, and technology exists to make this arduous, expensive approach to bookkeeping go the way of the dodo.

Automated booking software has eliminated the need for Excel in many cases, yet the Microsoft tool is still used by businesses and entrepreneurs for their bookkeeping, budgeting, and accounting needs. Sure, Excel can be a valuable bookkeeping tool, but it has its share of disadvantages too.

Topics: small business bookkeeping bookkeeping tips accounting technology business growth scalability Spreadsheet Bookkeeping with Excel
9 min read

Time and Tech Wait for No One

By Aaron Sullivan on Sep 10, 2019 1:30:00 PM

There’s no time like the present, especially when your career and industry depend on your ability to adopt new tech and take advantage of its benefits. That’s part of what Radical CPA Jody Padar and tech implementer and advisor Dustin Wheeler discussed at this year’s AICPA Engage event.

Padar and Wheeler met on social media and have been friends for over a decade. Padar even admits Wheeler was one of the first Radical CPAs!

Padar asked why he enjoys sharing technology with others in his firm, and Wheeler described how he jumps right into technology to learn it, rather than waiting for someone to explain it to him. He prefers to just mess around with the software and figure it out himself, which is great advice for CPAs who might be apprehensive about getting into technology. 

Check out the interview recording below, or read on for an edited version of the transcript.

Topics: interview accounting technology CPA insights accounting consulting social media The Radical CPA

Interested in writing for the Botkeeper Blog?

 

Click here to learn more