Episode 304: The Bookkeepers' Podcast Live from The Bookkeepers' Summit with Stuart Miller of Xero

In this episode of The Bookkeepers' Podcast, Jo Wood and Zoe Whitman are joined by Stuart Miller, Director of Product Compliance and Industry Engagement at Xero. Stuart shares insights into his unique role, which bridges the gap between regulation, software development, and the needs of bookkeepers and small businesses. The discussion dives into the evolving regulatory landscape, the integration of AI into bookkeeping, and the importance of cybersecurity in the digital age. Stuart emphasises how bookkeepers can future-proof their practices by embracing technology, staying informed about industry changes, and leveraging tools like e-invoicing and AI to enhance efficiency and client value. He also highlights the role of professional networks and education in navigating these advancements. What Listeners Will Learn: Stuart’s Journey: From tax accountant to Xero’s Director of Product Compliance and Industry Engagement. E-Invoicing Explained: How it simplifies processes, reduces errors, and speeds up payments. AI in Bookkeeping: Real-life applications and small steps to integrate AI effectively. The Importance of Cybersecurity: Best practices for protecting client data in a digital world. Future-Proofing Your Practice: Embracing change and preparing for the evolving role of bookkeepers. Timestamps: 0:00 – Introduction 0:30 – Meet Stuart Miller 1:00 – Stuart’s Role at Xero and Industry Insights 3:16 – Regulatory Trends and E-Invoicing 5:03 – How Bookkeepers Can Stay Updated 7:28 – Key Focus Areas for Bookkeeping Practices 8:32 – AI Applications for Bookkeepers 10:05 – Using Xero to Simplify Workflows 12:17 – Mindset Shifts for the Future of Bookkeeping 14:20 – Practical Uses of AI in Bookkeeping Today 17:26 – Data Security and the Role of AI Tools like JAX 18:35 – Cybersecurity Trends for Bookkeepers 21:02 – Closing Thoughts ---------------------------------------- HOW TO WORK WITH US We help bookkeepers earn more from bookkeeping. Work with us for £199 per month in The Bookkeepers’ Collective. 👉 6FIGUREBOOKKEEPER.COM Join The Bookkeepers' Collective for full programmes and live support, including: Practice Foundations (CPD Accredited) Business Growth (CPD Accredited) Marketing, Sales, and Pricing Training 14+ Hours of Live Support Each Month 👉 6FIGUREBOOKKEEPER.COM Join the FREE MEMBERSHIP to access: Free Community A Free Copy of The Bookkeeper Rises Exclusive Discounts and Recommendations 👉 6FIGUREBOOKKEEPER.CLUB About Our Sponsor This episode of The Bookkeepers' Podcast is sponsored by Xero. 👉 Start your free trial today: xero.com Disclaimer The information contained in The Bookkeepers' Podcast is provided for informational purposes only and does not constitute advice. Professional advice should be obtained before acting on any content discussed. The 6 Figure Bookkeeper Ltd disclaims all responsibility for reliance on this information.