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.

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Chapters

• (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 Notes

Oracle NetSuite – SuiteWorld

https://www.netsuitesuiteworld.com/

Accounting Software Market Size With Growing Demand and Forecast to 2032

https://www.linkedin.com/pulse/accounting-software-market-size-growing-demand-qsgic/

Mercury acquires Teal

https://mercury.com/blog/inside-mercury/mercury-acquires-teal

Revolut Business Adds Bill Pay Feature

https://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 Provider

https://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 says

https://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 2009

https://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' rule

https://www.ctvnews.ca/business/pwc-tells-employees-it-will-use-location-data-to-police-back-to-office-rule-1.7031968

PwC Isn’t U