3 min read

3 Approaches to Bookkeeping: Tips and Tricks to Help You Become a Pro

By Angelina DeLago on Jul 10, 2018 10:00:00 AM

Starting a business? You might find accounting to be the scariest piece of the puzzle.

Bookkeeping requires learning a whole new language that’s unfamiliar to most people. With any luck, sales receipts will start piling up soon, right next to the pay stubs and tax filings. You need to get your bookkeeping rolling—and fast!

Thankfully, there are several options available for smart business owners. Here are three popular choices:

Topics: Bookkeeping
4 min read

Four Signs that Your Bookkeeper is Stealing from You

By Angelina DeLago on Jul 9, 2018 12:52:00 PM

Theft, fraud, embezzlement, thieving, larceny, appropriation, swindling—have you been hearing a lot of these terms lately? Sadly, a quick glance at any major news outlet will show you that bookkeeper theft has been rampant this past year, resulting in dozens of cases of fraud. The idea of a bookkeeper stealing money from you is almost inconceivable for many business owners. After all, you probably have a personal relationship with this person. You've trusted them to watch over the single most important part of your business. If money is going ‘out the back door’ due to bookkeeper theft, you will have very little chance of success in the long term. Unfortunately, this kind of theft is something that happens from time to time, so you need to pay close attention to make sure you don’t become a victim. Do you know what to look for? Here are 4 signs that can help you determine if your bookkeeper is stealing from you...

Topics: Bookkeeping
8 min read

Discover the Importance of the Revenue Recognition Principle

By Angelina DeLago on Jul 6, 2018 9:30:00 AM

You have a lot going on when operating a small business—and handling your bookkeeping generally isn't the sexiest on the list. Why should you be concerned with mastering even the most basic accounting principles when you have sales to close, a website to market, and customers to please?!

Topics: Bookkeeping small business bookkeeping automated bookkeeping revenue recognition
3 min read

Botkeeper Launches Intello Integration to Help SMBs Save Money

By Jess King on Jun 28, 2018 9:00:00 AM

The SaaS space is growing like crazy. Today’s business owner has numerous software applications built into their company framework, and is getting a ton of emails every day with the promise of the bigger better option. But how do you even know if you’re getting the most bang for your buck when it comes to your software spend? Are your employees using the tools you've invested in? What are your employees even signing up for? Should you be evaluating competitive vendors? When are all of your contracts up? Which new evaluations are worth your time?  

Topics: Bookkeeping Robots Small Businesses outsource bookkeeping
2 min read

5 Reasons You Should Invest in Online Bookkeeping Services for Hire

By Gemma Reeves on Jun 21, 2018 11:00:00 AM

Artificial Intelligence (AI) is poised to be the next big thing in technology. Several companies and startups are now developing AI to further advance the medical, marketing, accounting and communications field. Smarter virtual assistants such as Siri and Alexa were made possible—all thanks to the development of AI.
 

Since more companies now delve into the development of AI (to be used in different fields), investors are positive that the industry holds a lot of promise. But aside from venture capitalists, and individual investors, companies (especially startups) are also encouraged to make use of AI services as early as possible. 

Topics: Bookkeeping Small Businesses accounting costs accounting mistakes
2 min read

Botkeeper is a Finalist for the 2018 Red Herring Top 100 North America Award!

By Jess King on Jun 20, 2018 8:30:00 AM

We're proud to announce this week that botkeeper has been selected as a finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region!


The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on 20 main quantitative and qualitative criterion, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.

 

Topics: Bookkeeping Robots Small Businesses outsource bookkeeping
4 min read

How to Cut Accounting Costs by 50% with Automation—A Case Study

By Jess King on Jun 18, 2018 3:31:57 PM

cut accounting costs

We recently had the pleasure of sitting down with Theodora Higginson Hanna, Co-Executive Director of Tech Goes Home out of Boston. Theodora (Theo) was kind enough to share a bit of her experience with bringing a new level of AI and automation into the organization by using Botkeeper.

Topics: Bookkeeping Small Businesses accounting costs accounting mistakes case study
3 min read

The Cost of Bad Bookkeeping

By Jess King on Jun 15, 2018 9:00:00 AM

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, meetings, etc… and because of procrastination or lack of insight, some organizations suffer because of those mis-managed books.

Topics: Bookkeeping Small Businesses accounting costs accounting mistakes
6 min read

Interview with Brian Moran

By David Powers on May 30, 2018 10:44:24 AM

We recently caught up with SmallBusinessEdge's Brian Moran to discuss the current small business landscape.

For more than 20 years, Brian has dedicated his considerable business acumen to helping small business owners and entrepreneurs run better businesses. A nationally-recognized expert, Brian has been named among the top 100 SMB Influencers in the country by both Small Business Trends & Small Biz Technology. Brian’s passion for business ownership was spawned from his publishing experience with such titles as The Wall Street Journal, Inc., Success, and Entrepreneur.

Topics: Bookkeeping Small Businesses
2 min read

How Accurate is Your Bookkeeping: What You Don't Know Can Hurt You

By Jess King on May 2, 2018 7:08:25 PM

 

 

 

 

 

 

 

Inaccurate financial reporting not only causes internal headaches, it can bring on mind-splitting migraines come tax time, or when you’re looking for outside investment. From misclassification of capital assets to misreported startup costs, there are dozens of ways to miscalculate income and expenses.

Topics: Bookkeeping accurate bookkeeping
7 min read

Stanton Schwartz Design: Making Every House Feel Like a Home

By David Powers on Mar 21, 2018 9:05:45 PM

Jessica Schwartz and Ryan Stanton—founders of Stanton Schwartz Design.

Topics: Bookkeeping Client Spotlight Startups
4 min read

SmallBizTrends.com: Interview with Anita Campbell

By David Powers on Feb 15, 2018 6:30:00 AM

We recently spoke to Anita Campbell, CEO of the award-winning Small Business Trends portal. Since 2003, Campbell's site has been a "go to" resource for breaking news and advice for small business owners.

Topics: Bookkeeping Small Businesses

Interested in writing for the Botkeeper Blog?

 

Click here to learn more