Accounting Metaverse

There's a lot going on in the accounting metaverse! We've got a ton of takeaways from Sage Transform (the annual Sage Intacct conference), some excellent listener feedback on crypto, to which we provide clarification on our crypto "beliefs," and questions. There's a ton of techy accounting app news, including Expensify's IPO, Xero's Square of Locate Inventory, Toast earnings, and new feature releases from Bill.com, Melio, and Relay Financial. We'll also discuss Legal Zoom's acquisition of Earth Class Mail, and inspect funding rounds by Wrapbook, ZenWork, and Knowify.

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Show Notes

2:43 – Our takeaways  from Sage Transform, and news on upcoming CAP bonus interviews from the conference! 
 
5:32 – Intacct and ADP Partner to Streamline Back-office Processes for Midsized Companies
 
8:02 – A little compare and contrast of NetSuite, and Sage Intacct
 
10:28 – Some thoughts on Sage’s global expansion, and their data mesh
 
12:17 – A few pros and cons on Sage, and Sage Transform — what’s wrong, what’s missing
 
18:38 – Sage highlights automation, mobile features | Accounting Today
 
19:47 – We’ve got voicemail! Thanks, for the great feedback, Greg!
 
21:33 – We’re clarifying our point of view on crypto – its usefulness as a tool, and as an investment, and where the blockchain will take accounting in the future. 
 
30:13 – Expensify Shares Pop 52% in Market Debut – CFO
 
32:04 – Expensify’s $263 million IPO breaks Oregon tech’s 17-year drought
 
34:58 – Expensify IPO Could Make Nearly All 140 Employees Paper Millionaires, but There is a Catch, Insiders Say
 
We become a public company today [11/10/21]
 
39:50 – Xero Acquires Inventory Management Company LOCATE Inventory
 
41:11 – Xero’s half year 2022 financial results | Xero Blog
 
How we’re enhancing inventory management in Xero | Xero Blog
 
43: 51 – Sage adds Zapier to marketplace | Accounting Today
 
44:39 – Toast, Inc. (TOST) Q3 2021 Earnings Call Transcript
 
45:37 – Bill.com Introduces New Product Features at Sage Transform, Continuing Innovation that Makes it Simple for Small and Midsize Companies and Accountants to Do Business
 
46:27 – Melio releases three new features
 
46:45 – Relay Financial releases a new set of features
 
47:56 – MyCase Announces Product Enhancements, Acquisitions to Enable Law Firm Success
 
48:38 – LegalZoom Acquires Leading Virtual Mailbox Provider, Earth Class Mail
 
50:44 – Payroll Software Startup Wrapbook Gets Unicorn Status After Latest Funding Round – Bloomberg
 
51:58 – Zenwork raises $163M | Accounting Today
 
52:49 – Knowify secures $5.45M in Series A financing led by MassMutual Ventures and Companyon Ventures


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Thanks 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, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040


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