In this guest post from Reducer, we look at simple, effective ways to reduce your overheads.
Business Owners view their accountants as trusted business advisors. So the question remains: why do accountants and bookkeepers still focus on selling their compliance services?
Clients who might previously have looked towards the Big 4 or second tier firms for business consulting projects will have an alternative. And most importantly, they will be able to get the service from professionals who already know their business and with whom they have a long-standing relationship. - Introducing the small 4 (thousand)
Today we announced that Sage has agreed to acquire AutoEntry. This is exciting news for us at AutoEntry as well as Sage. The AutoEntry management team along with all employees will remain and continue as your primary point of contact.
Let's be honest, changing accounting firms can be a painful experience. Your customer could be with you for years and you may have won their trust, but if your customer is made an offer they can't refuse by a competitor that does all of the things that you do and more, and the result is a lot less work for them... then your relationship with that customer might get tested and you might not like the result :(.
Automation is great. We know that. It saves you lots of time so that you can spend more time doing more valuable work… we’ve heard that before. What about the actual ‘doing of it’? What’s it like to automate a process?We’ve asked a few of our customers what it’s like to automate a process.
You’ve just graduated with an honours business degree, maybe with a foreign language thrown in, and your considering your career options. And the Big 4 are lining up to offer sponsored masters programmes and training contracts. They offer safety, security and good long-term prospects.
Automation has been here for years and it has become a basic requirement for all (yes, all) bookkeepers. Those of us in the Late Majority bucket really need to get started, here's a few practical tips.
WooHoo! … it’s that time of year again. The weather is improving (everything’s relative) and it’s time to spend the afternoon running around Dublin for the all of the kids in Temple Street Hospital.
For those of you that haven't yet started using automation in their practice, we understand that automation can be very complex and we have a great first step for you. Businesses can ‘feel the fear’ when considering implementing automation. Implementing new tools/processes can raise concerns of an interruption to service if it all goes wrong, as well as the worry that these efforts won’t justify the spend. Here we talk about how there is a safer way to take your first steps towards automation.
Data entry is often done by the junior members of staff in accounting firms. And while the level of accounting experience required is reasonably low, this is an extremely important piece of work. If the numbers go in wrong, they’ll come out wrong, and correcting mistakes costs you time/money. If mistakes like this are seen by customers this will be bad for business.
What a lot of the uninitiated don’t realise is that there are a number of significant benefits to be had for the wider business from automating your data entry.
With over 20 years of experience, David is a prominent figure within the accounting software industry; providing strategic consultancy to small businesses and accountants on driving business transformation through technology innovation. Before joining AutoEntry, David held a range of roles at Intuit, within customer service, quality assurance, engineering, product development, marketing, and developer relations.
The 2019 ICB Inspire Tour kicked off this week in Inverness as part of a two month long series of dates around the UK. On the journey, we’re delighted to join our friends, FreeAgent and SmartVault, who like us, will be showing bookkeepers how they can work more efficiently with smart solutions.
The AutoEntry team will return to Accounting Business Expo (ABE) in Sydney to show accountants and bookkeepers how to work more efficiently by eliminating their manual data entry. We love being part of ABE, as it allows us to meet a wide variety of professionals from around the country. We also get to hear the success stories of those who are strategically applying technology in the back office to spend more time on practice growth.
With the recent news that Intuit may be bundling QuickBooks Online with a live video bookkeeping service for $200 a month, many accountants and bookkeepers might be wondering how they’ll be able to compete at such a low price point.
We’re looking forward to this year’s QuickBooks Connect in London’s Old Billingsgate, where we’ll be exhibiting our software on the day. QuickBooks supports accountants, bookkeepers and businesses across the UK, and the disruptive impact of technology in business will be a topic explored during the conference.
On 1st April 2019, HMRC will introduce Making Tax Digital (MTD) for VAT-registered businesses with a taxable turnover above the current rate of £85,000. Following this, MTD may be extended for Income Tax and Corporation Tax, from 2020 at the earliest.
We're pleased to announce some great new features to open 2019! Keep any eye out over the next month as there's more to come.
The holiday season is over and it’s time to think about how to put our best foot forward in the year ahead, both in our personal lives and at work. New Year's resolutions are famously hard to stick to, but considering the steps you could take to make your business even more successful could really pay off. So here are some resolutions we think could make the most difference to organisations in 2019:
2018 has flown by and we’ve had another busy year, helping accountants, bookkeepers and business owners work smarter by eliminating their manual data entry. Elsewhere, the industry has continued to evolve, with new technologies and new ways of working impacting how firms operate and interact with clients. So here’s our take on some key industry trends and a few of our own personal highlights:
MTD comes into effect on April 1st 2019 for VAT-registered businesses with a taxable turnover above the VAT threshold of £85,000. Prepare your practice and your clients before the deadline. Use AutoEntry to automate data entry and generate digital records.
Last night we were delighted to win ‘Expenses and Document Management Software of the Year’ at the Institute of Certified Bookkeepers (ICB) Luca awards as part of its annual Bookkeepers Summit event held in London.
MTD comes into effect on April 1st 2019 for VAT-registered businesses with a taxable turnover above the VAT threshold of £85,000. Prepare your practice and your clients before the deadline. Use AutoEntry to automate data entry and generate digital records.
Earlier this month we were delighted to named as a finalist in the ICB Luca Awards in two categories, ‘Expenses & Document Management Software of the Year’ and ‘Friendliest Software Provider of the Year’!
Xerocon London takes place this week and we can’t wait to be there! Xerocon events are not to be missed and at Xerocon Brisbane in September, we loved hearing how our customers down under have been using AutoEntry to reduce paperwork and spend more time with their clients.
MTD will come into effect on April 1st for VAT-registered businesses with a taxable turnover above the VAT threshold of £85,000. Prepare your practice and your clients before the deadline. Use AutoEntry to automate data entry and generate digital records.
We were delighted to win ‘Expense Management Software of the Year’ at the Digital Accountancy Forum awards earlier this month, in association with The Accountant and International Accounting Bulletin. Our thanks to all who voted and the judges on the night!
It’s not long to go until the AutoEnty team jet off to QuickBooks Connect in San Jose, where we look forward to an action-packed few days; meeting up with our friends at QuickBooks and showing attendees how they can work faster and achieve more, by automating their bookkeeping data entry.
Later this week, we’ll be travelling to ‘Music City’ or Nashville, Tennessee, to exhibit at H&R Block’s upcoming event for associates, clients and franchisees.
We’re delighted to announce that David Leary has joined AutoEntry, and will be serving as our principal technology evangelist moving forward.
It’s difficult enough to run a successful business without worrying about balancing your books and understanding your tax bill - that’s what your accountant is for, right? And as well as managing these processes, your accountant may be one of the first you turn to, to discuss business growth and strategy, rightly so. However, if you’re able to ‘speak their language’, you’ll get significantly more value out of this relationship and have a better grasp of the reports and advice your accountant will provide.
Digital advancement provides us with new ways of working and new opportunities for growth. It allows us to reduce operating costs and to interact with colleagues and associates more efficiently. It allows us to better manage our resources and create memorable customer experiences. So, with that in mind, how can firms use emerging technologies to their advantage and to propel business success?
Virtual Conference: Tuesday, 16th October 9:30am - 4:30pm AEDT QuickBooks is running a virtual conference (VCon) on Tuesday 16th October, for accountants in practice and business owners, and those who may have missed its Get Connected event last month.
We’re delighted to be ‘App of the Month’ in the QuickBooks app store!
With more accounting practices to choose from and increasingly discerning customers, accounting firms must carefully consider how to win new customers, retain their existing ones and stand out with their service offering. With thousands of start-ups launching each year, firms should strategise how to get their share of this new business and maximise their earnings potential. So what are some practical steps practitioners can take to get ahead and carve their niche?
Last week, we were delighted to receive the news that we had been named as a finalist for MYOB’s Partner Choice Add-on of 2018. As voted for by MYOB partners, this award celebrates the add-ons and applications in the MYOB ecosystem most loved by partners.
Accountex USA kicks off tomorrow in Boston and we’ll be providing demonstrations of AutoEntry at our stand to those interested in finding out more about automating their bookkeeping data entry. Accountex USA is a date not to be missed, and with so much to see and do, here are five things we’ll be expecting from this year’s event:
Accountants do so much more than analysing spreadsheets and filing tax returns and as a small business owner, it’s important to view your accounting firm as a trusted business advisor, as opposed to an outsourced administrative function. In fact, having a good working relationship with your accountant and receiving timely advice can be one of your strongest assets and help to set your business apart. So what steps can businesses take to ensure they partner with the right practice and work with their accountant of choice as effectively as possible?
Small businesses need to bring their product or service to market, whilst minimising unnecessary expenditure, monitoring competitors, retaining staff and providing memorable customer experiences. With so many demands on their time, automation is increasingly being leveraged by business owners in order to spend fewer resources on labour intensive, back office activities. Whilst not all processes can, or should be automated, using technology to support certain lines of business can drive considerable efficiencies for users, and without breaking the bank. Here are some examples:
The AutoEntry team were out in force last Friday, to support the Temple Street Children’s University Hospital, as part of its annual fundraising event, Techies4TempleStreet.
We’re proud to support the Temple Street Children’s University Hospital, by participating in a fundraising event, Techies4TempleStreet, in Dublin on July 6th.
AutoEntry has been shortlisted within the Data Management and Expenses category in the 2018 Accounting Excellence Awards, in association with Accounting Web. The awards, now in their 8th year, celebrate professional development, strategic innovation and technological excellence in the industry.
The countdown is on until the first phase of HMRCs ‘Making Tax Digital’ (MTD) comes into effect, meaning your preparations as an accounting or bookkeeping firm should be underway. From April 1st 2019 organisations with a turnover above the VAT threshold of £85,000 will need to keep digital records for VAT purposes. Whilst a wider roll out for all taxpayers has been delayed due to pressures stemming from Brexit, plans are almost certainly expected to recommence at a later date. So if you’re currently putting together an MTD strategy, what are some of the key points to consider?
Joining the program will enable partners to offer improved value added services to their clients at a discounted rate, whilst driving new revenues for their own practice.
We are delighted to announce the launch of the Expenses Folder within AutoEntry! This is just one of many great updates we've made over the past few days... See full details below.
With just weeks to go, we look forward to returning to London’s ExCeL for Accountex 2018, where we’ll be exhibiting AutoEntry at stand 536, to those attendees interested in automating their bookkeeping data entry.
The AutoEntry team have been working hard over the past few weeks launching new product updates to our Mobile App ... You can check out the full feature update release below. As always contact the AutoEntry team should you have any questions.
Sunday April 22nd is Earth Day, an annual event which drives awareness on the topics of environmentalism and climate change. Founded in 1970, Earth Day continues to grow in influence, as it mobilises millions worldwide to work together and live responsibly.
We were delighted to be back at this year’s Accounting Business Expo (ABE), held in the ICC, Sydney. The event is bigger and brighter each year and represents a real opportunity to learn from key influencers, mingle with like minded professionals and meet prospective new clients. As an exhibitor, and with so much to see and do, it was certainly a busy two days. We had plenty of highlights and memories to take home with us, here are five of them.
Did you know that AutoEntry is now being used by 2,000+ accounting and bookkeeping practices worldwide, with over 50,000+ small business set up on the platform?
We travelled to South Africa with QuickBooks, to speak with local businesses about how they can work more efficiently through automation and the cloud, as part of our official launch in the region. We are hosting webinars in September around how QuickBooks works with AutoEntry in South Africa. Register today to learn more about data entry automation. http://help.autoentry.com/autoentry-and-quickbooks
AutoEntry is transforming the working day for accountants and bookkeepers, by eliminating the labour intensive and painstaking task of manual data entry. At the touch of a button, AutoEntry captures and analyses information from all of the paper documents received from your SME clients, before posting this data into your accounting software.
It has been another busy week for the AutoEntry team and it’s hard to believe so much has happened in just five days!
There’s a lot to focus on when running a business. From meeting deadlines, to growing revenues and serving customers, there just isn’t enough time in the day for unnecessary admin such as manual data entry. And with the availability of automated solutions, like AutoEntry, there doesn’t need to be any.
New location in FinTech hub Tucson, Arizona, will enable AutoEntry to accelerate growth across the US and Canada
The rapid development of digital technologies, data analytics and social networks are some of the factors changing the very fabric of our society, not to mention the traditional structure of the workplace. In previous generations it wouldn’t be unusual to stay in your first job until retirement, yet now, a UK worker changes employer on average every five years. What’s trending today may be gone tomorrow, and with the World Economic Forum citing that around “35 per cent of skills will be different” in the near future, business owners need to adapt to innovation in a timely manner in order to stay relevant. So with that in mind, what will the future of work look like for accountants and bookkeepers?
Since its launch almost two years ago, AutoEntry has fast become the go-to solution provider of choice; serving over 2,500 accounting practices worldwide, through which more than 38,000 businesses are set up on the platform.
We recently jetted off to attend both QuickBooks Connect in Canada and Xerocon in Austin, making it another eventful week for the AutoEntry team. Like many organisations, our diary is jam packed with conferences throughout the year, both at home and away. And as a frequent exhibitor, we find these occasions extremely useful, in terms of meeting up with customers and by making valuable new connections. But as an attendee and with so much to do on the day, how can you make the most of your time?
QuickBooks Connect is taking place this week in San Jose, California, and we’re excited to be taking part. The AutoEntry team will be travelling over 8,000 kilometres to both exhibit and present at this year’s event!
Optical Character Recognition (OCR) technology is used to convert scanned or photographed images of paper documents and PDF files, into machine-encoded data. It may not garner headlines in the same way as some of the more fashionable tech trends, yet it’s helped to drive considerable social change and innovation in business over the years. So how has it developed and what significance does it hold for organisations today?
AutoEntry receives accolade from the industry body, strengthening its position as the data entry solution of choice for accountants and bookkeepers
Accreditation from the industry body reflects AutoEntry’s standing as a recommended technology solution for accountants and bookkeepers
AutoEntry has been shortlisted within the ‘Add-on of the Year’ category in the 2017 ICB LUCA Awards.
AutoEntry, the simple way to capture and upload purchase invoices and receipts, has been recognised at Xerocon’s UK partner awards, whilst reporting significant YTD revenue growth.
Xerocon Melbourne has wrapped up for another year and we had a great time catching up with our partners down under. There was a record 3,000+ delegates in attendance, and the date also marked the official opening of our Australian HQ in the city, making it a particularly hectic time for us!
Serial entrepreneur Cathal McGloin will provide the company with strategic counsel
Although the launch of ‘Making Tax Digital’ (MTD) has been delayed and may seem like a long way off, it actually isn’t. And considering the enormity of the change for both your practice and clients, your preparations as an accounting or bookkeeping firm should be underway. So if you’re currently putting together an MTD strategy, what are some of the key points to consider?
New location in FinTech hub Melbourne, will enable AutoEntry to accelerate growth in the region
Heralding a new era, ‘Making Tax Digital’ (MTD) continues to be at the forefront of the news agenda. In recent months the Treasury Committee announced further updates to the timeline and from 2019 organisations with a turnover above the VAT threshold of £85,000 will need to keep digital records, but only for VAT purposes. Smaller businesses below the VAT threshold will not need to keep quarterly, digital records until at least 2020.
AutoEntry has been shortlisted within the ‘Practice Software Product of the Year’ category in the 2017 British Accountancy Awards. Regarded as the industry’s most prestigious accolades, the British Accountancy Awards celebrate professional development, strategic innovation and technological excellence.
AutoEntry and accountsIQ partner to enable accountants and bookkeepers to increase productivity via an integrated SaaS platform DUBLIN, IRL., (July 24, 2017) – AutoEntry, a leading bookkeeping solution and accountsIQ a global accounting software provider, are partnering to enable businesses to automate back office processes in order to drive major business efficiencies.
We all want our employees to be happy. An engaged, satisfied workforce results in a productive and profitable company. Yet research reveals only 15% of UK employees consider themselves as ‘highly motivated’, with low engagement negatively impacting productivity, resulting in a combined £340bn in missed output per year.
We increasingly rely on technology, both at home and in the office, to make our busy lives more manageable. Over the next few years, HMRC proposes to ‘bring this digital revolution to Whitehall’ and simplify tax administration by digitising the existing tax system.
The 2017 Formula One World Championship is in full swing. Nico Rosberg raced to victory last year, pipping team-mate Lewis Hamilton to the post in an action packed finale. As the drivers pursue this year’s title, what can accounting firms learn from this fast paced, technology-driven sport?
As technology evolves and becomes more sophisticated, so too do viruses, malware and hackers, and their means to violate protective barriers in order to infiltrate sensitive data and information.
The AutoEntry team was back in full force at Accountex this year and it was a jam packed two days for all involved. Accountex is a date not to be missed in the accountancy calendar, with industry professionals from far and wide gathering at London’s ExCeL to share news, network over coffee and attend insightful presentations from the likes of Microsoft and ICAEW.
This year’s Accountex is coming up, and as ever we’re excited to be part of the event. Accountex has developed to be a pivotal conference for accountancy professionals in the UK, bringing together all disciplines across the industry. For us, it’s an opportunity to catch up with customers, hear from leaders in innovation and showcase our market leading solution, AutoEntry, at our stand.
It was an action packed two days at the 2017 Sage Summit in London’s ExCeL. The AutoEntry team were in full swing, catching up with customers and demonstrating the software to new prospects – from independent bookkeepers, to accountants and SMEs, all keen to understand how automation can impact their business and drive change.
Tomorrow is Earth Day, an international civic observance to drive awareness on the topics of environmentalism and climate change. Founded in 1970, Earth Day continues to grow in influence, as it mobilises millions worldwide to work together and live responsibly.
This month we’re joining Sage as part of its 2017 roadshow. The first stop was the Shard in London, and whilst taking in the views, it was an opportunity to catch up with our customers and hear how they’re facilitating change through digital working
Earlier this month we travelled to Australia and toured the length and breadth of the country to meet with our partners, soak up the sunshine, and attend several industry events, including Accounting Business Expo and this year’s Reckon “RAP” Conference.
It will be a busy few weeks for the AutoEntry team, as we hit the road for Australia on Wednesday. Whilst we’re there we’ll be attending and exhibiting at several industry conferences, including the Accounting Business Expo and Reckon Partners Conference. These are key dates for industry professionals, attracting thousands of delegates from far and wide to make new connections, learn from peers and discuss the latest industry news and developments.
It was great to attend this year’s QuickBooks Connect in London’s Tobacco Docks. For many accountants and SMEs, QuickBooks has become ingrained at the very core of every working day. And simplifying business life and accelerating growth were themes explored over the course of the conference - through interactive workshops, networking sessions and presentations from business magnates and industry experts. For us, as an accredited QuickBooks add on partner, it was a time to catch up with customers and hear first hand from the QuickBooks community about the critical issues which matter to them - including the disruptive impact of technology in business.
‘Millennials’ or ‘Generation Y’; they are the children of the dot com boom and the dawn of mobile. They have significantly different priorities on how, where and when they work compared to their predecessors. They’re likely to already be a significant portion of your customers - and if you’re still adapting to the change, you’ll need to work faster, as the next even more digitally absorbed generation is just around the corner. Born in the mid 90’s ‘Generation Z’, are set to turn 21 this year. As defined by Goldman Sachs, a ‘device in hand’ generation, these ‘Digital Natives’ will account for a fifth of the workforce in just a few years time.
We’re delighted to see our solution AutoEntry making its mark in the Xero marketplace. Rapidly amassing new users, AutoEntry has become one of the most popular add-ons for invoice capture in the app store, just a year on since its release at Xerocon London.
Technology is transforming the way that accounting firms do business. The emergence of cloud-based computing, the growth of mobile, and advances in intelligent data management mean that accounting firms have a new set of tools available that can automate and streamline tasks. Industry leaders expect the shift to mobile and cloud-based accounting to not only continue, but to accelerate, and for good reason. The results are in and technology has come up trumps. More than ever, it is essential that accounting and bookkeeping firms determine how they will integrate new technologies when planning for the future.
AutoEntry, the simple way to capture and upload purchase invoices and receipts, is now available for download on both Apple and Android devices DUBLIN, IRL., (December 16, 2016) – AutoEntry by OCREX, a global leader in automated data entry solutions for accountants and bookkeepers, has today announced the launch of its AutoEntry solution, on iOS in the App Store and on Google Play for Android devices.