The Accounting Podcast

SponsorsBQE Core: http://cloudaccountingpodcast.promo/coreRewind: http://cloudaccountingpodcast.promo/rewindShow Notes01:46 – Reminiscing with Will  03:03 – Will talks about life after YouTube and living life with Gusto!  04:12 – It's time for reviews!  06:37 – MyPayrollHR 101 - The nutshell version 07:31 – Catch up on our recent coverage in episodes 112 and 114 07:55 – Mum's the word, Mann | Albany Business Review 08:34 – It's always important to be proactive, especially AFTER committing fraud ...  09:03 – The fallout begins ... Two class action suits filed against Cachet | Albany Business Review12:12 – The misgivings of MyPayrollHR may shine a bad light on the accountants and bookkeepers who recommended the company to their own clients 14:05 – Will explains how Gusto protects itself from payroll tampering16:21 – According to Will, a payroll provider's level of transparency dictates the level (if any) of notifications whenever something changes in the system.  19:01 – Is this call for regulation of the payroll industry going to put a damper on innovation? | New York Post  22:01 – The MyPayrollHR debacle has exposed just how risky the ACH system really is  24:02 – WeWork - how something so right is going so wrong | Wall Street Journal  25:04 – A few flaws surfaced when WeWork went under the microscope   28:15 – WeWork's weak Wi-Fi woes | CNET29:14 – Data security at WeWork isn't free. It'll cost you between $95 to $195 a month to keep your internet stuff to yourself!   30:35 – Guy Pearson’s Practice Ignition revs up with a $15 million raise and Stripe scores BIG with a $250 million round | TechCrunch  35:48 – Straight from Will's mouth - The Cloud Accounting Podcast - all the accounting and bookkeeping news you need to know!   38:53 – Stingy with your tips? POS terminals are tracking your tipping habits | NYT 41:46 – According to Toast's 2019 stats, tipping is not practiced by the majority of patrons at cafes, and fast casual restaurants  45:42 – Ride-share customers tip significantly less than their dining counterparts 47:40 – Can your firm's client-retention rate make or break selling the firm? | The Canadian Accountant  49:00 – Jump over to Episode 110 to learn more key factors for successfully selling your accounting or bookkeeping firm 49:35 – How small, rural firms possibly compete in the cloud accounting universe without reliable high-speed internet? | LinkedIn 50:22 – It'll be another decade before the FCC implements the fourth wave of broadband internet to some 36,000 'unserved' homes and businesses across 16 states | Business News Daily Connect with WillWebsite: https://gusto.com/blog/author/will-lopezTwitter: @ZewillsterLinkedIn: Will LopezYouTube: https://www.youtube.com/c/advisorfitvGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

SponsorPodchaser: https://cloudacctpod.link/reviewsShow Notes01:41 – General Counsel Slavkin describes Cachet Financial Services as a sort of third-party vendor for payroll processing companies.  05:59 – Every ACH provider has their own patented process for payroll 06:45 – How MyPayrollHR’s owner, Michael Mann, did the deed, in technical detail  09:03 – Slavkin claims the  assorted employee banks are to blame for the whole payment reversal fiasco 10:32 – According to Slavkin, banks have 60 days to either accept or reject reversal files 11:29 – Cachet eventually decided to return all funds to the affected employees, using their own funds 12:10 – Though Cachet covered the payroll, some employees have yet to receive their funds back 13:32 – Slavkin notes that employee banks are waiving overdraft and other fees related to this incident 14:18 – NACHA’s statement re payroll-deposit reversals | Personnel Today  14:38 – Slavkin doesn't agree with NACHA's claim about reversing payroll deposits.  16:21 – Lesson learned: ABC - Always Be Cautious ... Before the MyPayrollHR event, Cachet never had controls in place to detect fraudulent activity from the client side. Now, after the fact, they do.  18:56 – According to Slavkin, Pioneer Bank is holding at least some of their money "in trust" ... They just have to find a way to get it. 23:18 – Timeline of the aftermath – from discovery through contacting FBI and more 24:38 – Wall Street Journal reports that Mann is cooperating with the U.S. Attorney and FBI ... | The Wall Street Journal  25:02 – Where in the world is Michael Mann? Either nobody knows, or they're not saying26:30 – Blood and turnips - Slavkin was unable to accomplish much of anything when she contacted the FBI for help 31:50 – Pioneer Bank – another victim? | Times Union  33:30 – Was this a crime of desperation, or a crime of greed? Connect with Cachet Financial ServicesThe Cachet Crisis Hotline number is 877-579-8557Connect with Our Guest, Wendy Slavkin, General Counsel for Cachet Financial Serviceshttp://slavkinlaw.comhttps://twitter.com/slavkinLawGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

SponsorAccounting & Finance Show LA: http://cloudaccountingpodcast.promo/accountingshowla Episode Notes 01:17 – The Cloud Accounting Podcast is gonna smoke Marijuana Daily in the iTunes charts, after this episode! 01:44 – A blunt history – how Bruce and Tom got started in the cannabis-accounting realm 02:50 – Bruce speaks to some of the challenges cannabis businesses face, when it comes to accounting 03:37 – The tables have turned when it comes to the types of clients served in a cannabis accounting firm 04:28 – How can accountants use cloud technology to help cannabis clients?  04:46 – Come hail or high water, Tom prefers hosted (cloud) solutions, such as QuickBooks Online and QuickBooks Enterprise  to keep client data safe.  06:00 – One way to store your cannabis currency – PotCoin? | Vox   06:16 – Bruce explains some of the many layers involved with reporting for cannabis clients.   08:26 – Since every move you make, as a cannabis business, needs to be tracked, the most efficient way to do so is with specialized seed-to-sale or track-and-trace software 09:18 – How to get your Metrc on … | SoftwareConnect 11:10 – Is there a QuickBooks Cannabis Edition out there?   11:16 – A few of the front runners in the seed-to-sale software space:  Proteus 420, BioTrackTHC, and LeafLogix 12:38 – There are separate licensing requirements for each phase of the cannabis industry, from cultivation to distribution 13:19 – Cannabis taxation - harshing your accounting and bookkeeping mellow, from the municipal to the state level.  14:46 – The full operation - seed to sale - has the most tax benefit for local agencies in California.  15:33 – If you want to set up shop in L.A, the city's Department of Cannabis Regulation Pre-app instructions and zoning tool will give you some direction 16:02 – One retail roadblock could get in the way - LA DCR only has another 150 retail licenses to offer, all with a preference toward social equity ...  16:27 – Another huge downside in the LA cannabis market is fierce and seemingly unfettered, or at least unlicensed,  competition  17:07 – Is California's black-market cannabis winning the race?  17:32 – California takes a nearly 50-percent cut for assorted cannabis-related taxes, hanging cannabis businesses out to dry  19:10 – The CDTFA is more than happy to guide you through all the ways they'll take a hit off your revenues as a cannabis business owner   19:43 – Bruce breaks down the taxation and reporting process - from distribution to retail 21:06 – There's zero method to California's cannabis tax reporting madness, and no official guidance, either 22:22 – Cannabis users take note! If you're using for medicinal purposes, be sure to bring proof when you visit a retail cannabis store  25:23 – Accountants, do your cannabis clients a favor - learn, understand, and offer the tax piece, too! | Cannabis Industry Journal 26:14  -- Get some help - with the constant changes in the cannabis industry, with laws, regulations, taxes, and requirements, you need qualified, competent support for your cannabis accounting 28:32 – Cannabis accounting and bookkeeping skills are probably not as portable as other types.   30:14 – Who needs Starbucks, when there are pot brownies to be had?Connect with Our GuestsBruce Andersen, CPA:Websites - https://andersencpa.com/ and https://cannabiscpa.tax/ LinkedIn - https://www.linkedin.com/in/bruce-andersen-8788a59/Thomas Andersen:Twitter - @TheOfficialTomALinkedIn - linkedin.com/in/tomandersencbdGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

SponsorsBQE CORE: http://cloudaccountingpodcast.promo/coreRewind: http://cloudaccountingpodcast.promo/rewindShow Notes03:22 – MyPayrollHR's simplistic sayonara | Krebs on Security 05:40 – Some questions, some blame, a whole lotta wrath | SearchHRSoftware 07:28 – Governor Cuomo's statement | NYDFS 09:06 – Will the real Michael Mann please stand up? | TimesUnion 10:32 – a brief primer on how a payroll service processes a payroll 12:03 – Bait and switch ... MyPayrollHR redirected employer funds from the holding account to one of their internal accounts 16:02 – Really, Cachet? You're the ONLY victim?  17:05 – Apparently, Cachet needs bigger, louder, more neon-y warning signs when things are going awry with clients 19:21 – The FBI wants your intel, if you know anything about the MyPayrollHR situation. 20:58 – Breaking up isn’t hard to do when you do it with email, right?   23:17 – Payroll company using fraudulent means to report on fraudulent activities of another payroll company? Probably not the brightest bulb in the lamp ... 25:10 – Earlier this year, Key Bank was at the center of another payroll provider debacle | Albany Business Review 29:20 – Stop back next week for the latest intel on the ongoing MyPayrollHR melee!  29:37 – QuickBooks Live test-drives a new pricing tier based on the user's annual expenses | Firm of the Future 31:57 – Congratulations to Gusto for having cool workplace digs! | Inc.com  32:46 – More on Clio's astronomical $250 million raise, straight from the CEO's mouth | LawSites  33:19 – Visor, the tax-prep company we talked about in Episode 70, is still incognito  34:21 – Will California set precedent with AB-5 and shake up the gig economy? | CalMatters  37:43 – Has anyone bothered to ask Cali gig workers whether they WANT to become part-time employees vs contractors?  38:37 – David sees this legislation as just another part of the innovation lifecycle running its course 40:40 – Madeline Pratt serves up some thought food on the shelf life of influencers | Fearless in Training 41:25 – As David promised, an assortment of links from LinkedIn, and a sampling of leaderboard-y goodness? from AccountingWEB:                      https://www.linkedin.com/feed/update/urn:li:activity:6577777378490109952                     https://www.linkedin.com/feed/update/urn:li:activity:6577554625778581504                     https://www.linkedin.com/feed/update/urn:li:activity:6575309489593954304 42:43 – Are influencers operating in an echo chamber?  45:49 – Last, but definitely not least, we got some new reviews in!  46:45 – Hear Blake's best interpretation of a smooth voice ...  47:12 – We did make a list! Thanks to all our listeners, and reviewers for making it happen!   Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

SponsorsBQE Core: http://cloudaccountingpodcast.promo/coreRewind: http://cloudaccountingpodcast.promo/rewindShow Notes01:21 – Jet lag does cause memory loss ... | ScienceDaily01:39 – Thanks to everyone who made our trip to Boston for Accountex a success! 03:18 – Just a little off the top … Hit up Xerocon Brisbane for a trim04:22 – If you need some insight about pricing, like our listener, Danielbreez, check out the Soul of Enterprise podcast, or read Ron Baker's book on the subject05:32 – Xero’s small-biz ecosystem just got a little bigger | Voxy08:12 – Xero revs up the bank engine, partnering with BP on their Australian fuel card program | CIO09:03 – Clio blows the roof off of VC raises with a $250 MILLION round | The Globe and Mail10:39 – How long before the other industry practice-management SaaS providers get off the bench and follow Clio's lead?11:57 – Clio’s biggest competition is pen and paper? | Clio14:17 – Could this be David's new side hustle - PBFaaS - Psychic Business Forecasting as a Service? 14:51 – Speaking of additional services, Square's got a new one - the Square EIN Assistant | Square16:53 – Wake-up call - SaaS providers are starting to fill gaps where accountants and bookkeepers fall short. 18:11 – Former guest, Sabrina Parsons of LivePlan, tackles yet another challenge - sitting on the board of directors for Oregon Pacific Bank | Insightful Accountant18:44 – Blake and David are significantly less than whelmed with QuickBooks Desktop's new features for 202020:27 – SmartBooks introduces a new practice-management workflow tool - Blake-approved! | PYMNTS.com22:35 – Ireland-based Surf Accounts catches a wave  (of BS?) into the U.S.  market | Insightful Accountant23:43 – M&A is hot, hot, hot ... according to surveyed tax and accounting professionals | CPA Trendlines24:46 – Is this a buyer's or seller's market? Check out Ep. 110 to hear some expert opinions! 25:28 – Payroll-advance apps, like Earnin, are starting to face regulatory scrutiny | PYMNTS.com26:59 – Breaking News Alert! We've got early details on the mystery of the missing MyPayrollHR  company (and even more to come in the next episode!) 27:49 – “The whole place is going nuts!” Is this the payroll-processing version of Boiler Room? 29:24 – Governor Cuomo's statement re: MyPayrollHR | Albany Business Review32:57 – Before we go, though, check THIS out!  The LG G8X ThinQ Dual Screen phone! | Digital Trends33:22 – Let us know if you've got some intel on the MyPayrollHR 'scandal', and also, whether you prefer one episode at a time, or want us to drop a bunch for your binge-listening enjoyment!Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

SponsorAccounting & Finance Show: http://cloudaccountingpodcast.promo/accountingshowla Show Notes00:32 -- Greetings from sunny L.A. and the Accounting and Finance Show!  01:33 -- Podcasting - Blake's gift to the world! 01:49 -- Meet Shannon Hay, VP at Live Oak Bank 02:44 -- Meet Dr. Curtis Cochran,  President/CEO of Cochran Consulting 03:42 -- Why Cochran gives every new client a thorough exam  05:45 -- What are the key considerations for selling your accounting firm?  06:44 -- Are you worth less if you don't have your head, or your book of business in the cloud?  07:09 -- Shannon talks valuation and the many variables involved  09:27 -- Evaluating an accounting or bookkeeping firm's worth is an art, not a science 10:37 -- It's a numbers game. The gentlemen discuss multiples 11:55 -- Curtis argues that annual cash flow is a better determinant of value than gross revenue 13:26 -- Why sell? Shannon talks about the various reasons firm owners want out  15:59 -- One-stop shopping is not just for Amazon. Accounting and bookkeeping clients want more than just the basics 17:37 -- Want to start your own accounting firm? Odds are stacked in your favor, if you have the right combination of knowledge, tech, and exceptional customer service 18:25 -- Buyer's market or seller's market? Our guests have differing points of view 19:33 -- Shannon believes many boomer firm owners still haven't decided to take their leave yet 20:26 -- The young guns aren't buying up accounting  firms. A growing consensus of younger accountants thinks it's easier to just steal clients away 22:25 -- Don't wait til it's too late. Even if you didn't start your firm with the finish line in mind, now is the time to get that exit plan in place!  24:21 -- Buyers need to see the potential, not the past 27:01 -- If you are sans exit plan, you're not alone. A fair number of large and small companies don't have one eitherConnect with Our PanelistsDr. Curtis Cochran (President/CEO of Cochran Consulting): https://www.linkedin.com/in/ccochranconsulting/Shannon Hay (Vice President, Accounting and Tax at Live Oak Bank): https://www.linkedin.com/in/shannon-hay-1b6bb88/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

SponsorsBQE Core: http://cloudaccountingpodcast.promo/coreRewind: http://cloudaccountingpodcast.promo/rewindShow Notes01:25 – Why enjoy a nice relaxing Labor Day weekend, when you can go camping instead?03:30 – Why are sock puppets writing accounting articles? 05:23 -- Blake talks about how to suss out sock puppets on LinkedIn, and teaches us how to do a Google Image Search08:35 -- Time to clean house on your LinkedIn profile? | LinkedIn12:30 -- Something’s rotten in the state of accounting content | Leary Theory on Revue13:13 -- According to a NY Times article, China is using LinkedIn for less altruistic purposes | New York Times  14:06 -- Why do human work, when you can pretend to be a robot? | WSJ16:45 -- Walmart one-ups UPS and sends their accounting jobs, some 600 of them, to India | Breitbart 18:51 -- Get your Sage accounting advice Down Under -  Intacct opens in Australia | Accounting Today20:04 -- The subscription economy grows again – Chargebee raise $14M in Series D round | Chargebee20:30 -- AvidXchange is cozying up to banks with their acquisition of BankTEL | Verdict 21:43 -- Going with the flow, Tesorio (think “Mint for Business”) raises $10M in a Series A round | TechCrunch23:46 -- Intuit’s TSheets is losing the Race to Zero with increased user fees later this month | TSheets26:32 -- Might be time to think outside the Box … | WSJ29:18 -- Listeners – Are you using cloud storage, specifically Box, or Dropbox? Inquiring hosts want to know!  30:57 --  Vanguard Active Funds Struggle to Beat the Market | Money33:32 -- What to do when your cloud breaks | Journal of Accountancy35:52 -- ABC – Always Backup your Cloud! Just because it’s in the cloud, doesn’t necessarily mean your data is backed up!  36:40 -- Not even your teeth are safe from ransomware attacks! | Krebs on Security 37:55 -- Is your cyber insurance making you vulnerable to ransomware attacks? | ProPublica39:18 -- A deeper dive into the ransomware/insurance connection | ProPublica 40:01 --  It’s not what you do, it’s why you do it | CPA Trendlines43:43 -- Survey says: so long soft skills, bring on the tech! |  Accounting Today45:51 -- News of the Weird: Liberty Tax, Sears Hometown, and Vitamin Shoppe make strange bedfellows! 48:43 -- Sock-puppet-free, REAL awesome reviews! 51:56 -- Blake and David are Boston-bound for Accountex 2019! Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

SponsorsBQE CORE: http://cloudaccountingpodcast.promo/coreSign up for Inclusion Without Assimilation, an event for for finance, accounting, and fintech, in Boston, on Friday, September 6 from 9 AM to 11:30 AM EDT at the WeWork at 501 Boylston Street.Show Notes00:22 – Can you charge premium fees if you call yourself a bookkeeper? 01:11 – What are the odds that David will escape federal grand jury duty and get to attend Accountex 2019? 02:56 – Meghan shares the inspiration behind the  Inclusion Without Assimilation - Encouraging Diversity and Inclusion within the Accounting, Finance and Fintech world event, featuring some of The Cloud Accounting Podcast’s former guests – Jina Etienne, and Nayo Carter-Gray07:57 – The reviews are in! David and Blake run down some more reviews of the show from iTunes and Podchaser10:37 – Intuit’s ecosystem, and revenue continue to grow, according to their latest earnings report | Intuit13:20 – Well, they do say imitation is the sincerest form of flattery .. QuickBooks’ latest addition, employee benefits options, looks a lot like Gusto’s product offering | Intuit QuickBooks 15:07 – The Xero-OnPay partnership - in search of a bountiful harvest from the ag industry | Xero Blog15:32 – In light of Expensify’s recent CPE-credit offering, Blake explains why this might be a no-brainer when it comes to increasing engagement | Business Wire18:07 – Cash – more than $6 billion of it - is still king in some of Uber’s global locations | MarketWatch21:31 – Strategic move or smokescreen? UPS eliminates 60+ accounting jobs in Texas | The Dallas Morning News24:13 – Tax preparers who don’t raise their rates are leaving a load of money on the table | Accounting Today26:15 --  Meghan talks about changing the scope of services along with raising rates, and why bookkeepers are typically the first to try out new strategies, like perpetual accounting  | CPA Practice Advisor27:55 – 34.3 billion reasons the IRS needs a bigger budget | Indiana University 29:07 -- Why Matt Paff (another former CAP guest) is showing MYOB the door | LinkedIn30:53 – In the aftermath of last week’s WeWork discussion, a listener, Amy Walker, CPA, shared how she’s witnessed coworking spaces, like WeWork, evolve into more of an enterprise solution32:55 – A Work-from-Anywhere strategy benefits both companies and their employees | Harvard Business Review34:43 – Can help desk software help accounting firms help their customers? | Future Firm37:19 If you’re not into more software, Blake, David, and Meghan share some other strategies for tackling customer service39:00 – Bookkeepers, who’s really your client? Why there’s more value-add when books are done for the business, not just the tax return | AccountingWEBConnect with Meghan Blair-ValeroTwitter: https://twitter.com/FoggedInbooksLinkedIn: https://www.linkedin.com/in/meghan-blair-valero-6825b11b/Get in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

Sponsors Halon Tax: http://cloudaccountingpodcast.promo/halontaxTOA Global: http://cloudaccountingpodcast.promo/toaglobalLivePlan: http://cloudaccountingpodcast.promo/lpbootcamp Show NotesWe asked the question - What is Advisory? See the responses below in the transcript! Connect with Some Respondents!Melissa Mullett - Veem | LinkedInPatti Scharf - Catching Clouds | WebsiteWayne Schmidt - TOA Global | TwitterBrooks Wheatley - System Six Bookkeeping | WebsiteNury Saenz - H&R Block Franchise Owner | LinkedInAaron Berson - VRTL | LinkedInElliott Brown - OnPay | LinkedInChristine Walsh - Walsh Accounting Solutions, LLC  | LinkedInLiz Farr - Farr Communications | LinkedInAndy Burner - Xero | LinkedInStephanie Holt - Cloud Accounting & Consulting, Inc | LinkedInScott Scharf - Catch Clouds | WebsiteChris Rogers - BookWerks | WebsiteGonzalo Alvarez de Toledo - Contabi Alliance | WebsiteJay Kimelman - The Digital CPA | Website Joel Lacayo - ATAX | LinkedInMatt Donaldson - Rippling | LinkedInGuy Pearson - Practice Ignition | Twitter | Website | LinkedInBrooke Roberts - ProfitSee | Website | LinkedInJose Zavala - ZTX Advisors | Website | LinkedInThomas Casey - Xero | LinkedIn Sasha Hryciuk - Loft47 | Website | LinkedInTracy Simmons - Loft47 | LinkedInDan Shively - Spotlight Reporting | Website | LinkedInDan Young - Xero | LinkedInKelly Bistriceanu - CollBox | LinkedInJeff Phillips - Accountingfly | LinkedInJason Staats - Brenner, LLP | Website | LinkedInBrian Hershman - Buck Stops Here Accounting | Website | LinkedInRanica Arrowsmith - Accounting Today | Website | TwitterGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast

Sponsors LivePlan: http://cloudaccountingpodcast.promo/lpbootcamp Halon Tax: http://cloudaccountingpodcast.promo/halontaxTOA Global: http://cloudaccountingpodcast.promo/toaglobal Show Notes00:57 – Meet one of the Two Jamies - Jamie McDonald, Executive GM, Product, Accounting and Global Services at Xero01:44 – Jamie M talks career, and his new promotion02:45 – What’s ahead for Hubdoc? Jamie M discusses the acquisition, some of Hubdoc’s newest time-saving features, and plans for building a more powerful platform 05:10 – Jamie M talks about Hubdoc’s global positioning and how working across multiple time zones is maybe his least favorite part of his job 05:57 – Touching on the Xero-Stripe integration – one more way to save time and eliminate headaches07:31 – Keys to being successfully acquired – show up everywhere, listen, really listen, do lots of stuff that adds value, repeat 10:14 – The other Jamie, Hubdoc Co-Founder and Co-CEO, arrives! 11:00 – Has fetching docs (Hubdoc’s forte) become a new pain point for accountants and bookkeepers?13:15 – Do we really want to live in a world without bank feeds? Why said feeds and fetching soar above the manual-entry alternative16:15 – Jamie M talks about the potential for new business with the plethora of US banks and how Hubdoc is focusing on building an innovative, powerful, and reliable API that targets the accounting, bookkeeping community 17:58 – Jamie S pontificates on how the new Wow moment – machine learning – is helping offset some of Hubdoc’s challenges with fetching 19:14 – Here’s to another 10 years (and more) of success! Connect with Jamie McDonaldLinkedIn: https://www.linkedin.com/in/jamiemcdonald/Twitter: https://twitter.com/jamiemcdonaldConnect with Jamie ShulmanLinkedIn: https://www.linkedin.com/in/jamieshulman/Twitter: https://twitter.com/JamieShulmanGet in TouchThanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus. SubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsSpotify: http://cloudacctpod.link/SpotifyGoogle Play: http://cloudacctpod.link/GooglePlayStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/Overcast