SuiteWorld Recap & Bookkeeping Startup Raises $200M

Back from SuiteWorld, Blake and David discuss key takeaways from Oracle NetSuite's conference, including product updates and the event's growing scale. They also examine recent fundraising in the accounting-tech space, notably bookkeeping startup Finally's $200 million Series B round. Moving on, there's Big Four firm news, including PwC's layoffs and return-to-office policies, as well as a viral TikTok trend exploiting a Chase Bank ATM glitch.SponsorsLiveFlow - http://accountingpodcast.promo/liveflowThe Small Business Research Institute - http://accountingpodcast.promo/ceanowSafeSend - http://accountingpodcast.promo/safesendChapters(00:46) - Recap of Oracle SuiteWorld Conference

(02:26) - NetSuite's Growth and Market Position

(12:48) - Product Announcements and AI Integration

(18:56) - Listener Questions and Career Advice

(26:03) - Bookkeeping Startup Raises $200 Million

(29:13) - Exploring All-in-One Bookkeeping Services

(30:03) - The Future of Accounting Software Market

(31:31) - Mercury Bank Acquires Teal

(32:12) - Challenges in Automated Bookkeeping

(35:39) - Consolidation in the Financial Services Industry

(38:44) - Viral TikTok ATM Glitch Exploits

(42:18) - PwC Layoffs and Office Policies

(50:09) - Deloitte's Olympic Gold Medalist

(54:58) - Career Advice for Tech and Accounting Professionals
 Show NotesOracle NetSuite – SuiteWorldhttps://www.netsuitesuiteworld.com/ Accounting Software Market Size With Growing Demand and Forecast to 2032https://www.linkedin.com/pulse/accounting-software-market-size-growing-demand-qsgic/ Mercury acquires Tealhttps://mercury.com/blog/inside-mercury/mercury-acquires-teal Revolut Business Adds Bill Pay Featurehttps://www.pymnts.com/news/b2b-payments/2024/revolut-business-adds-bill-pay-feature Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Providerhttps://www.airbase.com/press-release/paylocity-announces-definitive-agreement-to-acquire-airbase-inc-a-leading-spend-management-software-solution-provider The Chase ATM 'glitch' that went viral is likely check fraud, bank sayshttps://www.usatoday.com/story/money/2024/09/03/chase-bank-atm-glitch-fraud/75058813007/ PwC Laying Off 1,800 Employees in First Formal Cuts Since 2009https://www.wsj.com/articles/pwc-laying-off-1-800-employees-plans-restructuring-of-products-business-b5dfe7c1 PwC tells employees it will use location data to police 'back-to-office' rulehttps://www.ctvnews.ca/business/pwc-tells-employees-it-will-use-location-data-to-police-back-to-office-rule-1.7031968 PwC Isn’t Used to Being Called Desperate But Here We Arehttps://www.goingconcern.com/pwc-isnt-used-to-being-called-desperate-but-here-we-are/ Deloitte rower earned gold at Paris Olympicshttps://www.accountingtoday.com/news/deloitte-rower-earned-gold-medal-at-paris-olympicsNeed CPE?Get CPE for listening to podcasts with Earmark: https://earmarkcpe.comSubscribe to the Earmark Podcast: https://podcast.earmarkcpe.comGet in TouchThanks for listening and the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and Instagram. If you like what you hear, please do us a favor and write a review on Apple Podcasts or Podchaser. Call us and leave a voicemail; maybe we'll play it on the show. DIAL (202) 695-1040.SponsorshipsAre you interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus.Need Accounting Conference Info? Check out our new website - accountingconferences.comLimited edition shirts, stickers, and other necessitiesTeePublic Store: http://cloudacctpod.link/merchSubscribeApple Podcasts: http://cloudacctpod.link/ApplePodcastsYouTube: https://www.youtube.com/@TheAccountingPodcastSpotify: http://cloudacctpod.link/SpotifyPodchaser: http://cloudacctpod.link/podchaserStitcher: http://cloudacctpod.link/StitcherOvercast: http://cloudacctpod.link/OvercastClassifieds Forwardly - https://www.forwardly.com/Client Hub - https://clienthub.app/Want to get the word out about your newsletter, webinar, party, Facebook group, podcast, e-book, job posting, or that fancy Excel macro you just created? Let the listeners of The Accounting Podcast know by running a classified ad. Go here to create your classified ad: https://cloudacctpod.link/RunClassifiedAdTranscriptsThe full transcript for this episode is available by clicking on the Transcript tab at the top of this page