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The biggest thing is time savings, and then, of course, if you're paying people by the hour time savings can also save money. And the other part is automating a lot of this stuff helps with cash flow. That's a really big part of it, cash flow, because you can make decisions based on [...]
We've built a business partner portal on top of Employment Hero, which allows one of our business partners, be they accountants or HR consultants, bookkeepers to manage hundreds of clients, dozens, hopefully thousands of clients through one portal, so you can look in. You can see where every client is at in terms of [...]
Inspired by my talk with Heide Robson on her podcast Tax Talks (episode 167), I’m publishing a series of articles about Accounting Apps. You can listen to the original recording here. What are Accounting App? When I talk about apps, I use the term accounting apps. These are applications that connect to online accounting solutions. If [...]
Custom integration is when you have to write specific software to get two apps talking to each other, or when you somehow fill the gap between two apps with code you wrote yourself or somebody wrote for you. And what’s interesting is I'm speaking to a lot of accounting practices, and many of them, many [...]
Do we need integration specialists to help us to plug all the apps together, or will apps become better at connecting together without detailed knowledge? It’s probably a hybrid of both. One of the benefits of using a cloud integrator is they've experienced in connecting maybe one two or three apps together. They know the [...]
One of the ways people use, to categorise apps is to refer to them as horizontal or vertical. Saying an app is horizontal means we believe it works across most industries. A solution like Receipt Bank, a supplier bills and expense scanning solution, which extracts the information pushes it into your online accounting solution. That typically [...]
When we're talking about subscription-based services, how long is the data accessible? Once the data pushes into Xero or Receipt Bank, it stays there. You can, even once you cancel your subscription, you have a read-only access of any data that was pushed into Receipt Bank. You can still access it in Receipt Bank [...]
While most accounting software says they do - they're all at varying levels. What’s kind of revolutionary about Xero when it launched on the market was it made its API very open. It made it easy for solutions to connect. It launched and then solutions were inspired and born around it because they could see [...]
An Application Programming Interface is a key that unlocks connections. If you have two systems, and if you have an open API between them, it means the connection has been unlocked. They can now talk to one another. The information from the fields can now talk to one another. The information may flow in one [...]
When I talk about apps, I use the term accounting apps. These are applications that connect to online accounting solutions. If you think of your online accounting solution as your mobile device, maybe like your iPhone. Your iPhone typically has lots of apps on it. Your accounting solution is a platform like your iPhone device. [...]
