Episode Details
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SuiteWorld Recap & Bookkeeping Startup Raises $200M
Description
Back from SuiteWorld, Blake and David discuss key takeaways from Oracle NetSuite's conference, including product updates and the event's growing scale. They also examine recent fundraising in the accounting-tech space, notably bookkeeping startup Finally's $200 million Series B round. Moving on, there's Big Four firm news, including PwC's layoffs and return-to-office policies, as well as a viral TikTok trend exploiting a Chase Bank ATM glitch.
Sponsors
LiveFlow - http://accountingpodcast.promo/liveflow
The Small Business Research Institute - http://accountingpodcast.promo/ceanow
SafeSend - http://accountingpodcast.promo/safesend
Chapters
- (00:46) - Recap of Oracle SuiteWorld Conference
- (02:26) - NetSuite's Growth and Market Position
- (12:48) - Product Announcements and AI Integration
- (18:56) - Listener Questions and Career Advice
- (26:03) - Bookkeeping Startup Raises $200 Million
- (29:13) - Exploring All-in-One Bookkeeping Services
- (30:03) - The Future of Accounting Software Market
- (31:31) - Mercury Bank Acquires Teal
- (32:12) - Challenges in Automated Bookkeeping
- (35:39) - Consolidation in the Financial Services Industry
- (38:44) - Viral TikTok ATM Glitch Exploits
- (42:18) - PwC Layoffs and Office Policies
- (50:09) - Deloitte's Olympic Gold Medalist
- (54:58) - Career Advice for Tech and Accounting Professionals
Show Notes
Oracle NetSuite – SuiteWorld
https://www.netsuitesuiteworld.com/
Accounting Software Market Size With Growing Demand and Forecast to 2032
https://www.linkedin.com/pulse/accounting-software-market-size-growing-demand-qsgic/
Mercury acquires Teal
https://mercury.com/blog/inside-mercury/mercury-acquires-teal
Revolut Business Adds Bill Pay Feature
https://www.pymnts.com/news/b2b-payments/2024/revolut-business-adds-bill-pay-feature
Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
The Chase ATM 'glitch' that went viral is likely check fraud, bank says
https://www.usatoday.com/story/money/2024/09/03/chase-bank-atm-glitch-fraud/75058813007/
PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009
PwC tells employees it will use location data to police 'back-to-office' rule
https://www.ctvnews.ca/business/pwc-tells-employees-it-will-use-location-data-to-police-back-