TechDay UK - The United Kingdom's, technology news network

Accounting systems stories - Page 3

One of the most basic and yet essential software items every business requires is the accounting system. Available from a wide number of vendors, accounting systems help organisations keep track of their expenses and income, with varying levels of sophistication going from simple General Ledgers right through to mini-Enterprise Resource Planning solutions. Many accounting systems offer extensibility and integration with add-ons, allowing the user to go from a standard setup to a customised software environment more capable of handling various tasks related to or influenced by accounting data.
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MYOB updates platform for easier SMB user experience
Thu, 2nd May 2024
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fintech
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financial systems
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accounting systems
MYOB has updated its business management platform to simplify navigation for small-to-medium businesses, enhancing usability.
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Australian firms struggle to understand CISO role, says Fastly
Thu, 2nd May 2024
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fintech
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financial systems
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cybersecurity
A recent survey by Fastly reveals 81% of Australian businesses have a CISO role, but there remains significant confusion around the role's responsibilities and value.
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New Relic report uncovers ongoing trends in Java adoption
Wed, 1st May 2024
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encryption
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fintech
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martech
New Relic's fourth annual State of the Java Ecosystem report reveals latest trends in Java development and adoption, highlighting significant growth in Java 21's uptake and shifts in preferred Java Developer Kits.
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Australian firms at risk due to evolving cybercriminal sophistication
Wed, 1st May 2024
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biometrics
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mfa
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fintech
Growing sophistication of cybercriminal identities threatens Australian enterprises, as only over one-third implement multi-factor authentication, leaving them vulnerable to AI-driven attacks, reports Ping Identity.
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Aussies sceptical about AI banking, prefers human interaction - study
Wed, 1st May 2024
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fintech
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financial systems
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accounting systems
Despite a surge in digital banking, 58% of Australians remain uncertain about AI-enhanced services due to job loss fears, data security concerns, and a preference for human interaction, says a Publicis Sapient study.
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Australians largely in the dark about Open Banking, Waave study reveals
Wed, 1st May 2024
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fintech
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financial systems
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payment technologies
Despite the introduction of Consumer Data Right (CDR) five years ago, 68% of Australians remain unaware of the Open Banking concept, according to a survey by payment tech company, Waave.
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AI disruption triggers change in data analytics in 61% of organisations
Wed, 1st May 2024
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data analytics
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fintech
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financial systems
AI-driven disruption induces pivotal alterations within data and analytics operations across 61% of businesses, as revealed by Gartner's global CDAO survey.
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Xero invests USD $25m in Deputy for seamless business management solution
Wed, 1st May 2024
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fintech
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financial systems
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xero
In a strategic partnership, small business platform Xero invests USD $25 million in shift work platform Deputy to offer comprehensive business solutions, integrating the companies' accounting, payroll, and workforce management systems.
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C-suite executives concerned over company's anti-money laundering processes
Thu, 25th Apr 2024
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fintech
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financial systems
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risk & compliance
Despite budget cuts, a new survey reveals worries among UK c-suite executives over their firms' anti-money laundering procedures, with 49% partially confident in their compliance.
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Survey reveals internet chaos could hinder transition to Web 3.0
Thu, 25th Apr 2024
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fintech
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financial systems
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ar, vr & metaverse
On its 31st anniversary, concerns plague the World Wide Web's transition to Web 3.0 and the metaverse, with businesses citing chaotic internet conditions as a key barrier.
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Nearly half of Australian SMEs project dip in turnover
Thu, 25th Apr 2024
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fintech
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financial systems
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xero
Australia's SMEs foresee a drop in turnover by year-end, while Prospa and Xero partner to ease financial administrative tasks for these businesses.
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New Zealand small businesses show job growth, sales lag behind
Wed, 24th Apr 2024
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fintech
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financial systems
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xero
New Zealand's small businesses reported 7% year-on-year job growth in the March quarter, surpassing the long-term average of 3%.
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New tech adoption hindered in multi-generational UK workforces, survey finds
Tue, 23rd Apr 2024
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fintech
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financial systems
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accounting systems
UK business leaders are meeting resistance to new technology across all generational workforces, reveals a survey by Seismic, a global enablement tech provider.
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A beginners guide to attending Xerocon London
Tue, 23rd Apr 2024
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fintech
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financial systems
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xero
Xerocon London's first-timers' guide provides essential insights to prepare for the thrilling atmosphere of the event, which will alter one's perspective on accounting.
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Thomson Reuters reveals fresh AI insights in new professionals report
Wed, 17th Apr 2024
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fintech
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financial systems
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ai
Thomson Reuters' debut Asia and Emerging Markets 'Future of Professionals Report' reveals AI's potential, with 89% of professionals forecasting AI-stimulated creation of novel careers.
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Simon Noonan joins MYOB as new Chief Technology Officer
Tue, 16th Apr 2024
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digital transformation
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fintech
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financial systems
Simon Noonan appointed as the new Chief Technology Officer at MYOB in line with their mission to improve services and drive innovation for businesses in Australia and New Zealand.
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Prolific aims to establish industry standards for human data use in AI
Tue, 9th Apr 2024
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data protection
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fintech
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financial systems
Prolific introduces a first-of-its-kind Participant Wellbeing report, advocating for ethical human data use in AI and academic research, following controversies over AI tasker exploitation.
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Angel investors seek positive impact, warns of startup overvaluations
Tue, 2nd Apr 2024
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fintech
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financial systems
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accounting systems
Angel Investment Network's 2024 survey reveals that Angel investors' motivations shift towards positive impact over financial gain, highlighting new trends and potential pitfalls for start-ups.
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FICO survey reveals identity theft & fraud fears among Indonesians
Mon, 1st Apr 2024
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fintech
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physical security
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financial systems
FICO's study reveals prolonged fears of identity theft among Indonesians, as 36% remain anxious, heightening vulnerabilities to financial loss and credit damage amid growing risks from real-time payments.
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Celonis & Sailfin Technologies launch AI-driven AR app suite
Thu, 28th Mar 2024
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fintech
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financial systems
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ai
Celonis and Sailfin Technologies unveil AI-driven suite to optimise AR operations, promising enhanced cash flow, greater productivity, and potential million-dollar savings.