Displaying items by tag: bookeepers

Australian SMEs eye more automation as paying staff takes up to one week 

• 73% of Australian pay runs take longer than a day, with 95% taking up to 3 days to complete
• 89% of payroll professionals would like to cut down payroll processing times with AI and automation 
• Respondents see AI as an opportunity to improve data analysis skills (51%) and enhance payroll expertise (45%) 

SOLUTION ANNOUNCEMENT: Eliminating common pain points faced by accountants and bookkeepers when carrying out month-end book review is the goal of a new AI solution from Intuit QuickBooks Australia.

Over half (54%) of Australian business software industry providers experienced considerable to major immediate or short-term impacts from COVID-19, with a further 35% experiencing few or minimal impacts - while for approximately 10% there was no impact or change as a result of the pandemic, according to new research.

 Accounting software company Xero is partnering with online payments provider Stripe to develop what they say are innovations that help small businesses get paid faster, in more ways, and gain more visibility over their business performance.

Accounting software company Xero has established new partnership agreements with Uber for Business and Adobe Sign, which it says are aimed at reducing friction for business advisers and their small business customers.

New Zealand-headquartered and Australian-listed accounting software provider Xero is claiming one million-plus subscribers signed up in the combined ANZ regional market and using its cloud accounting technology.

Accounting software provider Xero has made a major improvement to its Fixed Assets solution with the inclusion of tax depreciation and pooling which it says will help accountants and bookkeepers work smarter.