Cloud Accounting

The team at Hubdoc certainly gets it. Today, accounting automation is key for getting past the more mundane side of managing your books. Friends since the 80’s, lawyer Jamie Shulman & marketing guru Jamie McDonald took a look around them and started asking themselves why their personal and business lives felt so cluttered. Too many recurring bills, too many receipts, too many invoices. To retrieve each and every one of them required a separate web login and with that, a corr

Bitcoins. It’s a pretty hot topic right now. For some, it’s also something that’s a bit mysterious and controversial. I mean, how in the world can you have a global virtual currency that’s completely decentralized and completely unregulated? A type of money that isn’t controlled or regulated by any bank or government is enough to make some people just a tad uneasy. That is, until you learn more about what bitcoin is and how it works. In my opinion it’s one of the smartest, m

The digital currency is gaining acceptance beyond its niche audience. But financial executives looking to move Bitcoin onto the balance sheet may have a long wait for guidance. The emergence of Bitcoin is spurring a group of accounting, tax and other financial professionals to force the square peg of digital currencies into the round hole the existing supervisory framework. The payoff would mean first adopter advantage in the ultra-conservative accounting and tax services ind

Three years ago, Florida resident Laszlo Henyecz reportedly paid 10,000 bitcoins for some pizza. At the time, the exchange cost him the equivalent of US$25. Today, he’d be eating an $11-million pizza. Henyecz’s story has since become a thing of legend. People like him — early adopters of the bitcoin — had no idea the world beyond their computers would become so fascinated with the cryptocurrency. “This used to be worth nothing. Literally. It had no value,” says Eric Spano,

Poof! There went 2013. And it brought along some exciting technological changes to your business as well. But this is just the start. Let's take a close look at some exciting new business tech trends to watch out for in the new year. Entrepreneurs interested in tech are always looking for new and exciting ways to streamline business processes to make their business as tight knit, as rock solid and as automated as humanly possible. I know personally that I am always on the hu

The accounting industry is finally moving forward with the times, and lucky for all you folks out there, it’s bringing some interesting changes with it as well., including some pretty cool accounting apps that will save you loads of time on the drudgery of your accounting. Cloud accounting software is no doubt on the rise. Popular cloud system, Xero, claims to be adding 200-300 new users each and every day while traditional desktop systems like Quickbooks have launched their