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The Botkeeper Blog

Bookkeeping, accounting, and business resources to help you become a finance guru. 

4 min read

5 Useful Accounting Tips to Help Grow Your Business

By Marla DiCarlo on Sep 5, 2019 10:30:00 AM

The following is a guest contribution from Raincatcher, a business broker focused on helping entrepreneurs buy and sell small- and medium-sized businesses.

When you own a business, it’s easy to view accounting as a necessary evil, but not something that you can strategically use for growth. By re-framing your thinking and approach, you can use accounting to your advantage. Accounting practices can be an integral part of your strategy for growth. 

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5 min read

How Outsourced Bookkeeping Saved Ovia Health $50,000

By Jess King on May 17, 2019 9:09:00 AM

When Your Needs Outgrow Your Tools

Ovia Health is doing big things for women and families, and they need support that enables them the ability to grow at any pace, anytime. As a health and tech company, Ovia Health is committed to transforming the way employers support working women and families along their parenthood journey, improving outcomes by providing daily personalized engagement, proactively identifying potential health risks, and supporting a successful return to work.

But in 2018, the small finance team at Ovia Health needed an upgrade. They were dealing with some common accounting shortcomings related to their accounting software, in particular limited automation capabilities. This meant that they were still having to do a lot of manual bookkeeping on a regular basis, leading to human errors and inconsistencies. 

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3 min read

Understanding Why Tax Planning Is a Vital Step for Small Businesses

By Jess King on Jan 15, 2019 9:28:00 AM

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 owner, but it’s crucial to your company’s growth and success to make tax planning and strategizing a year-round effort.

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4 min read

AI Bookkeeping Startup Botkeeper Raises $18M Series A led by Greycroft

By Jess King on Nov 21, 2018 3:09:35 PM

Closing the books at the quarter end, managing invoices, and categorizing expenses involve a wide array of complex tasks that are both laborious and prone to human error. We at Botkeeper are automating bookkeeping workflows through our human-assisted AI platform, and today have announced our $18M series A round, one of the largest A rounds for a Boston tech company.

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8 min read

5 Ways to Completely Revamp Your Tax Planning

By Jeffrey Deslandes on Oct 23, 2018 4:51:40 PM

Tax planning and preparation is a highly complex process, but it can be broken down into a few distinct buckets and simplified to allow business owners to complete their part of the process. Here’s a breakdown of all the basics to ensure you get the most for your money in 2018: Estimating Taxable Income, Estimating Tax Liability & Tax Planning, Determining How You Need to File Your Taxes, Filling Out the Forms, and Sending Everything In.

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