AI Assistants, Acquisitions & Christmas Chaos: 2024 in Review!

Merry Christmas to all who celebrate!

Welcome to the Christmas Day special of the Digi-Tools in Accrual World podcast!

In this festive retrospective episode, our tech-focused trio dives into the biggest highlights of 2024, from AI advancements and major acquisitions to payroll innovations and practice management updates.

We also discuss the rise of AI (mostly meeting tools), touch on outsourcing trends with special guest Vipul from AdvanceTrack, and even launch the most coveted Digital Disruptor Awards. Plus, there's banter, branded Christmas hats, and John being a Scrooge.

Drop us a note if you're tuning in on Christmas Day, and let's dive into the tech world wrapped up in festive fun! 🎅🎄

00:00 Coming Up

01:24 Intro

2024 App News Retrospective

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05:45 Oompa, Loompa, doompa-dee-do, I've got an AI Assistant for You

08:41 Hyper-Growth Players

10:31 Acquisition News

13:24 Xero's Ups and Downs

15:54 Intuit's 2024

18:09 Dext to IRIS

21:01 Payables, Payables, Payables

24:56 FreeAgent Making a Big Steps

26:21 Quiet Year for Practice Management?

28:36 The Big One

30:39 Podsourcing - AdvanceTrack

39:28 Give us your feedback so we can be even better in 2025!

In this week’s episode of Digi-Tools in Accrual World, we jump headfirst into the latest accounting technology and app news, covering everything from rumours of Visma's potential IPO to Odoo’s skyrocketing valuation.

Grace Hardy joins us to share her bold journey as a 21-year-old accounting entrepreneur making waves on TikTok and beyond, tackling sexism, and disrupting industry norms.

We also discuss FreeAgent’s latest report - with concerning stats around discrimination - and talk with Vipul Sheth from AdvanceTrack about burnout in senior practitioners.

This episode really is a tour of the dark side of of accounting…

00:00 Coming Up... 01:54 Intro

App News ~~~~~~~~~~~~~~~~ 07:15 HG Eyeing Visma IPO? 08:57 Odoo Raise 10:48 ReceiptBot Adds Line Item Extraction 12:28 Billhop enables card payments for pay non-card suppliers 14:54 Translucent Releases 17:36 Metro Bank 21:27 FreeAgent Accounting Talent Research

33:05 AdvanceTrack - Challenges Attracting Grads into the Profession & Pressure on Practice Leaders 39:09 Grace Hardy - Accounting for TikTok

58:17 Rate and Subscribe!

Welcome back to another exciting episode of Digi-Tools in Accrual World! This week, we share into the hottest news in the fintech world, from the big Dext-Iris acquisition bombshell to fresh releases from Sage, Datamolino, and Fathom. And guess what?

We've got Joe Lines from Nook spilling the beans on Nook’s acquisition of Modulr.

Plus, we tackle the juicy topic of AI's impact on accounting and why 50% of firms are still twiddling their thumbs. Joined by our regular hosts Indi Tatla, John Toon and Ryan Pearcy (recovering from 'man flu,' of course), this episode is packed with insights, laughs, and a hint of tech-induced panic. Don't miss it!

00:00 Coming Up

02:14 Intro

App News

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07:47 Iris acquires Dext

13:17 Sage Results

17:28 Sage Releases and Updates

18:25 Datamolino Release

18:51 Fathom Bulk Update Facility

20:28 New Apps in the Xero App Store

22:48 AdvanceTrack - AI's role amid the talent shortage

30:07 Joe Lines - The next chapter for Nook (and the payments space)

46:43 Rate and subscribe!