2 min read

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

By Enrico Palmerino on Jun 3, 2020 3:52:00 PM

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 component to our company culture and a standard that I, as a CEO, team member, friend, brother, son, husband, and father, hold dear. For that reason, we as an organization have always been delicate with our publicized stance on areas of politics or social happenings—it has never really struck me as “fair" to speak for a large group of people or summarize what is often a complex and multi-layered subject. This said, I feel it’s important to post this.

Topics: listen on the go
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
6 min read

Tips for Maintaining Bookkeeping Disciplines When Your Client Base Doubles

By Aaron Sullivan on Apr 29, 2020 11:30:00 AM

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. It’s easy to fall out of good accounting habits and become overwhelmed by sheer volume as you deal with double the journal entries, rolling invoices, and fluctuating cash flow.
Topics: automated bookkeeping scalability Accounting firm growth outsourced bookkeeping Accounting firm tips listen on the go
3 min read

When the Rules No Longer Apply, Be Like a Startup

By Jody Padar on Apr 9, 2020 10:30:00 AM

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. Where does this position CPAs?

Topics: Radical CPA The Radical CPA Accounting firm advice leadership tips listen on the go accounting insights COVID-19 Corona virus cpalove
6 min read

G&N Insurance Saves 50+ Hours Each Month With Botkeeper

By Kierstyn Kalman on Mar 24, 2020 10:30:00 AM

Zack Gould, co-founder of G&N Insurance, a home, auto, and commercial insurance provider, was spending 10+ hours per week completing the bookkeeping tasks for his growing company. Zack knew that he wanted to spend more of his time focusing on his relationships with mortgage lenders and referral partners and less of his time focusing on the books. He decided to hire Botkeeper.

Topics: automated bookkeeping case study bookkeeping for insurance listen on the go
10 min read

Why You Should Practice Accounting Advisory With Emotion

By Aaron Sullivan on Mar 18, 2020 8:58:00 AM


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 clients with advisory services on how their businesses can and should grow in the future.

Topics: Radical CPA The Radical CPA Accounting advisory services Emotional advisory Accounting firm tips coronavirus listen on the go
5 min read

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

By Kierstyn Kalman on Mar 3, 2020 10:30:00 AM

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, but it quickly grew into a flourishing boutique accounting firm.

Topics: automated bookkeeping case study Accounting firm bookkeeping for accounting firms, listen on the go
9 min read

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

By Aaron Sullivan on Jan 9, 2020 2:00:00 PM

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 contributions no doubt keep a nonprofit functioning. That’s why they’re always welcome! 

But recording them? That’s a different story.

Topics: nonprofit bookkeeping nonprofit accounting in-kind donations for nonprofits in-kind contribution accounting listen on the go
7 min read

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

By Aaron Sullivan on Dec 17, 2019 12:10:16 PM

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 know that delegating is actually one of the most important skills they could have.

Topics: construction accounting construction bookkeeping construction labor cost percent how to calculate labor cost formula listen on the go
7 min read

How Accounts Payable Outsourcing Works and Why Your Business Needs It

By Aaron Sullivan on Nov 26, 2019 10:31:37 AM

Managing the relationships that your company has with suppliers and vendors is challenging. And the more vendors you have, the more at-risk you are for costly errors in your accounts payable process.

As your business grows, the complications that come with managing your accounts payable process in-house can slow down the growth of your business. If your company handles sensitive financial information, an accounts payable process that isn't high-functioning can even turn into a liability for your business to handle. It can become a bottleneck and slow everything down!

Topics: automated accounting accounts payable accounts payable outsourcing listen on the go
10 min read

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

By Aaron Sullivan on Nov 19, 2019 10:30:00 AM

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 wasn't always a federal tax deadline. Crazy, right?!

Topics: tax planning Federal tax Deadline Income Tax Annual Taxes listen on the go
7 min read

Botlife: Why We Value Flexibility in the Workplace

By Aaron Sullivan on Nov 12, 2019 2:16:42 PM

“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 revolutionary tech that is automated bookkeeping with a human touch.

Topics: Botlife workplace flexibility work-life balance working at botkeeper listen on the go

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