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Making compliance easier with a new Xero and BGL workpapers partnership

Xero

Delivering powerful, integrated tools for our accounting and bookkeeping partners to help their small business clients is a key focus for us at Xero. Connecting every step of the compliance journey: The solution will integrate directly with your existing Xero tools at every step of the compliance process.

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The truth about bank feeds: Busting the top three myths

Xero

Today, with cloud accounting, you can securely and automatically import bank transaction data and easily reconcile it, so you have a single, up-to-date view of your transactions and cash flow. Bank feeds reduce manual admin and automate data entry. Bank feeds truly unlock the power of Xero for a small business.

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AI document processing: The complete guide

Nanonets

It is overhauling traditional data entry, approval systems, and document management. As per a Smartsheet study , workers spend over a quarter of their week on mundane tasks like data management. Much of this time may be taken up by manual data entry, verification, and error correction.

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Navigating Success with the Best Accounting Software for CPAs and Accounting Firms

CapActix

Xero Xero, a distinguished and best accounting software for CPAs and accounting firms , delivers a comprehensive suite of features encompassing bank transactions, payroll processing, inventory management, and invoicing. Its standout attribute is the user-friendly interface that streamlines tasks like invoicing and payroll.

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B2B payment automation guide: How to implement and maximize the benefits

Nanonets

A 2018 report revealed that businesses in North America spend $187 billion annually on Accounts Payable (AP) processing, and labor accounts for over 90% of these costs. This automated process dramatically reduces the time spent on manual data entry and review, leading to faster invoice processing times.

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147 Cloud Accounting Software Apps: The Big List

Future Firm

2) Xero Xero was born in the cloud and arguably created the first popular web-based accounting software for small businesses. Its wide range of accounting features makes Xero a real winner for small businesses and accountants, in fact, I built my entire firm on. You probably can’t go wrong with the best-known web-based option.

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Is Botkeeper singing a different tune? Follow up on QuickBooks Live, IRS internal controls are a joke, a VERY expensive accounting textbook, and JP Morgan is getting into the blockchain game

Cloud Accounting Podcast

In November 2018, Botkeeper raised $18 million from Greycroft and Gradient Ventures to use AI and machine learning to automate bookkeeping. Following the VC round, founder and CEO Enrico Palmerino told Accounting Today in December 2018 that Botkeeper is “a full bookkeeper replacement; it’s a robo-bookkeeper.”