Episode description
Episode description
Episode 72. In today's news episode, we discuss "A Major Fintech Acquisition Implications for Accountants."
Key takeaways from this episode include:
➜ zooming in on Bright Group's recent acquisition of AccountancyManager in the UK and Ireland
➜ why accountants and fintech people should care about this, both in the UK and internationally
➜ observing the trend for fintech houses, software companies and accounting firms to join forces
➜ asking who owns the client relationship - the accountants or (increasingly) the software vendors
➜ shout out to the interview with Kevin McCallum of Accountancy Manager on the evolution of accounting software (link below)
➜ asking who accountants and CPAs listen to and take notice of and who influences them
➜ what mergers and acquisitions accelerate in the accounting and fintech world
➜ why accountants need to observe what is happening in software and fintech to best advise their business clients
➜ why fintech companies are done with waiting for accountants to properly handle and advise their clients, and so are going to them directly
➜ why an advisor and consultant is paid to spot trends and identify repeat behaviors to serve their clients
Sources
Bright Software Group Acquires AccountancyManager
The Evolution of Accounting Software with Kevin McCallum
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NOTE TO LISTENERS:
The Accounting Influencers Podcast is a CPE-accredited daily radio-style show with four segments coming out every Monday which are repeated on the other 4 weekdays as standalone episodes, plus a bonus 'from the client's perspective' episode on Saturdays. On Sundays, listeners get a short min trailer for the coming week's episodes.
Every Tuesday the show gives you a relevant news topic from the accounting and fintech world with a direct application to accountants, CPAs and bookkeepers. Great to stay informed and build your commercial acumen.
Every Wednesday and Friday, we feature an uncut interview with top authors, leaders, thinkers and performers in the accounting and fintech world.
Every Thursday the show gives you a practical 'here's what works' tips concerning a key challenge, need or strategy for accountants, CPAs and bookkeepers. Great to stay current and keep your skills topped up.
Finally, every Saturday gives listeners...