Accounting Apps Podcast| formerly Cloud Stories | Accounting Technology

10 Episodes
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By: Heather Smith | Accountant & Storyteller

*THE* podcast for accounting technology enthusiasts. Dive into the world of Accounting Apps with Heather Smith, a Chartered Accountant with a flair for storytelling and the engaging host of the Accounting Apps Podcast. Heather is obsessed with how effective automation and integration can produce timely clean data, to surface information for brave, fast data-informed decision making. Better data, better decisions, better business. She explores this topic with her guests, uncovering insights that offer you a competitive edge. Delve deeper into the Accounting Apps landscape and enhance your understanding. Hit that subscribe button now! Join the free Accounting Apps community to...

Unlocking Accounting Innovations: Live Banking, Global Solutions, Reporting Updates, and Xero's Invoicing Evolution Unveiled
#206
03/07/2024

Tyler Caskey, Partner at The Bean Counters joins me in this episode. Here are five interesting insights we talk about in the show:

1. Live Banking and Direct Digital Receipting: Tools likeĀ Weel and Airwallex enable real-time banking transactions, while solutions like Slyp and Tyro streamline payment processes by sending receipt details directly to accounting systems, reducing manual data entry.

2. Global Banking Solutions: Digital technology solutions like Airwallex, OFX, Paytron, and Wise facilitate international transactions with ease, offering competitive rates and near real-time transfers and bill payments in multiple currencies.

3. Google's Updates: Google is r...


Full Stack Mastery ā€“ Elevate your Practice with Xbert|Cassandra Scott
#205
02/28/2024

Today Iā€™m speaking with Cassandra Scott, Director of Laurus Bookkeeping

In this episode, we talk about . . .

- Delve into how Xbert leverages AI to scrutinise client accounting data, spotlighting over 80 potential anomalies and risks.

- Discover the power of automating routine tasks such as payroll, BAS, and bookkeeping with standardised workflows.

- Learn how Cassandra efficiently mapped her first 10 workflows in just half an hour, enhancing consistency.

- Explore Xbert's scheduling capabilities, enabling the assignment of recurring tasks to various cycles, from daily to fortnightly.

- Un...


Improving Data Quality and Practice Management through Innovation | Jonathan Gaunt
#204
02/21/2024

Today Iā€™m speaking with Jonathan Gaunt, co-founder of of Socket Digital, Xavier Analytics & FD Works

In this episode, we talk about . . .

Jonathan's transition from corporate accounting to entrepreneurship, embracing new opportunities and control over his career.

Insights from working with Dragon's Den investor Richard Farleigh, focusing on solutions over limitations.

Practical tips for enhancing your LinkedIn profile to attract more followers and connections with engaging content.

The importance of storytelling with numbers and identifying the pivotal "clunk moment" in business.

The role of co-founding Xavier Analytics in...


The Devastating British Post Office's Point of Sale Scandal| Tom Herbert
#203
02/14/2024

In this episode, Tom Herbert, technology editor at Accounting Web, shares his insights on the British Post Office scandal, which has been ongoing for decades, ruining the lives of many subpostmasters. Heather and Tom discussed the problems with the Post Office's Fujitsu Horizon point of sale system implementation, leading to unbalanced reconciliations and accusations of theft against subpostmasters. The Post Office used its prosecution powers and prosecuted 700 subpostmasters between 1989 and 2015, resulting in jail time, financial ruin, relationship breakdown, lost homes, living in cars, and sadly much much worse. The scandal is discussed from the perspective of an accountant, the...


Accounting Industry Trends to Watch in 2024 | Tyler Caskey
#202
02/07/2024

Today Iā€™m speaking with Tyler Caskey, Partner at The Bean Counters

In this episode, we talk about . . .

Accounting industry trends in 2024Ā 

Crafting accounting stories for clients, marketing and career coaching.

AI, Automation & ChatGPT in accounting.Ā 

Remote work trends and virtual teams in the accounting industry.Ā 

Pay raises, career progression, and work-from-home impact.Ā 

The role of accountants in strategic business planning and advisory

Trends in practice management software for accounting firms.Ā 

This episode is kindly sponsored by

Employment Hero: The All...


An Accountant's Manifesto: David Boyar's Journey to Transform the Profession
#201
02/02/2024

The biggest kept secret in the Australian accounting industry: The acquisition of Change GPS by Access Group.

This episode is kindly sponsored by

Employment Hero: The All in One HR, Payroll & Benefits PlatformĀ  https://employmenthero.com/

Translucent The Multi-Entity Accounting solutionĀ  https://www.translucent.io/Ā 

In this episode

- David Boyar reflects on his upbringing in his father's accounting practice and early ambitions ( he was going to be CEO of Coca Cola!)

- He discusses founding an association of CFOs and lessons learned from scaling advisory workĀ Ā 


Kicking Off 2024: Adventures, Insights, and Changes from Heather Smith
#200
02/02/2024

The big news is I'm rebranding the Cloud Stories podcast to the Accounting Apps podcast (fingers crossed)

In this episode, I talk about . . .

Summer adventures with family and Chester the Border Collie in Elanora and Crows Nest

Catching up on admin backlog and office makeover

Website update with recent photos and videos

Rebranding Cloud Stories podcast to Accounting Apps podcast

Introducing advertising to the newsletter and podcast

Clarification on ACCA Global Council election results

Embracing "StoryTeller" as the theme for the year

<...


Wrap up of 2023
#192
12/31/2023

2023 has been a brilliant technicolour year for me, and Iā€™m delighted to end it on yet another high, hitting 20 000 podcast episode downloads during the year. As an accountant I do like a nice round number.Ā 

Thank you to the many listeners, especially those who hit the subscribe button.

Thank you to the many guests who graciously share their time with me on the Cloud Stories podcast over the last year.Ā 

Thank you to the conference organisers for providing me with the opportunity to meet fascinating individuals and enabling me to share knowledge with...


Exploring Chat GPT in Accounting
#191
12/20/2023

Heather Smith delves into the transformative role of ChatGPT in the accounting sector. The discussion begins with an early adopter's perspective, highlighting the initial challenges and the evolving capabilities of ChatGPT. She explores its practical applications in tasks like email drafting and webinar planning, emphasising its ability to add creativity and efficiency to mundane tasks.

The podcast then shifts focus to customise ChatGPT for more personalised and precise outputs. This includes tailoring the AI to align with specific language preferences, such as UK English, and ensuring the responses are concise and fit the intended audience's needs. Emphasis...


Solving the Multi-Entity Problem: The Story Behind Translucent | Michael Wood
#190
12/13/2023

Michael Wood truly lives and breathes the title entrepreneur. Currently heā€™s Founder & CEO of Translucent. His LinkedIn profile reveals heā€™s also the founder of 4 other companies. The company that youā€™re likely to know him from is Receipt Bank. Michael was the original co-founder and was there till April 2021, when it was acquired by private equity group HgCapital.

Please be aware I strategically partner with Translucent. I was an early adopter of Receipt Bank, and also am an early adopter of Translucent. Iā€™m sure you will find this interview enlightening!

In this episode...