I Hate Accounting! A Podcast by Botkeeper

The internet is full of misinformation, and that’s no surprise to anyone. In fact, 52% of Americans believe they’re served fake news on a regular basis. And the leading source of misinformation? You guessed it—social media. A classic example: how many times have you seen headlines in your feed announce the death of a beloved celebrity, only to find out later that you were duped?

Learn more at https://www.botkeeper.com/blog/19-common-misconceptions-about-botkeeper

Here’s some exciting news for automation nerds like us: automated bookkeeping services are rapidly gaining in popularity! We know—it’s pretty cool. In fact, according to Sage’s Practice of Now 2020 report, 73% of surveyed accounting professionals are confident when it comes to providing tech recommendations like AI and automation.

Learn more at https://www.botkeeper.com/blog/10-compelling-reasons-to-automate-your-bookkeeping

There are lots of reasons why a CPA firm might be ready for acquisition. Business climate changes, firm growth, or partners reaching retirement age are some of the most common.

Learn more at: https://www.botkeeper.com/blog/8-tips-for-getting-your-firm-acquired

When you think of a CPA firm that seems to have it all together, what comes to mind? Is it their services and clientele? Their firm size or funding? Maybe it’s their influence in the accounting and business communities?

Learn more at https://www.botkeeper.com/blog/the-anatomy-of-a-great-cpa-firm-explained

There are usually two ways social media is perceived by accountants. One side, perhaps most often from the newer accountants, loves it and sees it as a great way to stay up to date with the latest news or trends. The other side might view social media as nothing more than a distraction or just another annoying time-waster on their phone.

Learn more at https://www.botkeeper.com/blog/how-social-media-can-give-your-accounting-firm-a-boost

Blockchain technology, along with being a new buzzword, is also one of the most exciting technologies of the 21st century. A universally decentralized ledger system that can share data among an infinite number of users—a blockchain is unhackable. Due to its ability to share data and simultaneously record real-time transactions on every single computer connected to its network, the technology can’t be interfered with. If anyone tries to hack or scam a blockchain, the entire chain takes notice, and the chain will be forked where the hack happened, eliminating the culprit from the chain.

Learn more at https://www.botkeeper.com/blog/breaking-down-blockchain-for-accountants-in-2020-and-beyond

In the scramble to adjust to running an accounting firm during a pandemic, many firms invested in new technology to help them bridge the gap between a traditional in-office operation and a new virtual approach. And understandably so—it was an unforeseen challenge that caught most industries and businesses off-guard. Accounting firm leaders might have even said things like, “We just need to get by,” and, “Do whatever it takes,” so they could put their clients and staff first by patching together new processes for survival.

Learn more at https://www.botkeeper.com/blog/what-we-know-about-roi-a-new-approach-for-the-cpa

We’ve come a long way from using floppy disks and CDs to store our business data and files. These days, many people and businesses have moved to the cloud for data storage and file management, and others use servers housed in office closets and storage rooms. Still others—especially in the accounting industry—continue to operate from paper files in filing cabinets!

https://www.botkeeper.com/blog/do-you-have-info-rot-what-it-is-how-to-avoid-it

Not everyone who’s familiar with Jody Padar knows why she’s nicknamed the Radical CPA. In addition to being considered a bit progressive with her online presence, she’s passionate about leveraging quality technology to create a better accounting firm. She recently chatted with one of the sales reps at Botkeeper about how some firms aren’t blown away by new accounting technology. Essentially, they meet it with skepticism because they don’t understand how it can work.

Learn more at: https://www.botkeeper.com/blog/how-to-beat-the-big-firms-by-leveraging-accounting-tech

Rapid business growth and increased sales are often the epitome of a “good problem” for accounting firms. While doubling your client base generally means an exponential rise in revenue, unprecedented growth tends to be a great disruptor for bookkeeping. It’s easy to fall out of good accounting habits and become overwhelmed by sheer volume as you deal with double the journal entries, rolling invoices, and fluctuating cash flow.

Learn more at https://www.botkeeper.com/blog/tips-for-maintaining-bookkeeping-disciplines-when-your-client-base-doubles