Latest news with #bookkeeping
Globe and Mail
3 days ago
- Business
- Globe and Mail
IBN Technologies' Accounting & Bookkeeping Services Boost Financial Efficiency for New York Firms Amid Rising Costs, Compliance
"Accounting & Bookkeeping Services (USA)" New York businesses are turning to expert accounting & bookkeeping services to combat rising costs and evolving regulations. IBN Technologies offers scalable, secure virtual bookkeeping tailored to industries like retail and healthcare. With CPA-led support, real-time data access, and strong compliance, their services empower SMEs to streamline finances and achieve sustainable growth. Miami, Florida - 2 June, 2025 - As financial regulations tighten and running costs rise, companies around New York are turning to accounting & bookkeeping services guarantee financial accuracy, compliance, and efficiency. Small and medium-sized firms (SMEs) are increasingly outsourcing these important jobs to experienced providers. These services provide sector-specific real-time financial management solutions that improve cash flow, ensure audit readiness, and promote long-term growth. Companies like IBN Technologies are boosting their professional, scalable virtual bookkeeping service solutions in response to the increasing complexity of the financial industry. IBN Technologies provides organizations with instant insights into their financial health while allowing them to concentrate on their main activities using sophisticated technologies and financial knowledge. Their all-encompassing strategy aids companies in navigating regulatory obstacles, making strategic decisions that promote stability and growth over the long run, and optimizing resources. Discover the Advantage: 20 Complimentary Hours of Expert Bookkeeping Experience a risk-free trial at: Financial Management Challenges for Modern Businesses From keeping accurate records and managing cash flow to complying with changing tax rules while keeping operating costs under control, small companies in New York and abroad face several bookkeeping issues. Internal finance teams frequently struggle to complete monthly books effectively and produce timely financial reporting due to resource limitations. Key obstacles include: High costs associated with in-house financial personnel and software licenses Difficulty sourcing skilled accounting talent locally Delays in month-end close and inconsistent financial reporting Limited access to up-to-date financial data for decision-making Security concerns when sharing sensitive financial information To overcome these hurdles, many businesses rely on professional accounting bookkeeping service providers. IBN Technologies supports diverse industries with dependable, compliant, and cost-effective financial solutions, enabling clients to concentrate on growth and innovation. Comprehensive Solutions Offered by IBN Technologies IBN Technologies provides specialized accounting & bookkeeping services that are made to fit the unique requirements of small and mid-sized businesses across the US. The organization has more than 25 years of expertise in the field and offers scalable financial management solutions that improve accuracy and expedite processes. Their core offerings include: • Full-Service Bookkeeping: Accurate daily transaction recording through to year-end reconciliations. • Accounts Payable & Receivable: Effective management of client billing and vendor payments to improve cash flow • Tax Filing Help: Advice on tax preparation and filing to guarantee complete adherence to regulations • Financial Reporting & Analysis: Comprehensive reports to back up important business choices • Cloud-Based Accounting Platforms: Reliable internet solutions provide safe, instant access to financial data. • Industry-Specific Knowledge: Customized solutions for industries including manufacturing, healthcare, and retail, among others IBN Technologies also provides a trusted bookkeeping service for small business clients who require precise, timely, and compliant financial management. Their use of innovative cloud accounting software ensures data accuracy and strong security, helping companies meet compliance mandates and make informed choices. IBN Technologies sets itself apart with an affordable, incredibly dependable virtual accounting model that provides real-time data updates, smooth interaction with top financial software, and round-the-clock customer service. IBN Technologies, which employs CPA-certified experts knowledgeable with U.S. GAAP standards, designates committed account managers to offer proactive, individualized service that fits the needs of every customer. IBN Technologies provides exceptional performance at a fraction of the price of conventional in-house teams by utilizing the best bookkeeping software for small businesses. IBN Technologies is a top option for companies looking to outsource bookkeeping for small business operations because of its price, security, and experience. Exclusive Business Advantages Special Trial Service: Receive 20 free hours of premium best bookkeeping services for small business services when you schedule your discovery session this week — limited spots available. Major Cost Reduction: Reduce operational expenses by up to 70% without compromising quality service. Demonstrated Impact and Client Success Stories IBN Technologies' Accounting & Bookkeeping Services reflect the company's commitment to precision and client satisfaction, as seen in the measurable success of its customers. A US-Based online retail startup reduced bookkeeping expenses by over 65% annually by adopting IBN Technologies' remote virtual bookkeeping service. A healthcare provider in the region accelerated month-end closing by 80%, achieving enhanced reporting accuracy through IBN's outsourced accounting bookkeeping service. These cases exemplify how IBN Technologies goes beyond transactional bookkeeping to become a trusted financial partner driving business growth. Build Financial Strength with IBN Technologies New York businesses are increasingly adopting outsource bookkeeping for small businesses as a strategic solution due to the growing complexity of financial reporting and compliance requirements. Professional, affordable accounting services are offered by companies such as IBN Technologies with the goals of improving accuracy, cutting expenses, and relieving internal teams of administrative duties. These services, which cater to industries like retail and healthcare, provide accurate reporting and up-to-date financial insights that are essential for wise decision-making. The need for outsourced bookkeeping will only increase in the future as businesses seek greater efficiency and flexibility in volatile markets. IBN Technologies is a leading player in this shift, offering scalable, secure cloud-based solutions backed by a wealth of industry knowledge. Outsourcing financial operations has changed from being a simple way to reduce costs to a strategic investment in resilience and long-term growth. Related Services: Outsourced Finance and Accounting: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive efficiency and growth. Media Contact Company Name: IBN Technologies LLC Contact Person: Pradip Email: Send Email Phone: +1 844-644-8440 Address: 66, West Flagler Street Suite 900 City: Miami State: Florida 33130 Country: United States Website:
Yahoo
6 days ago
- Business
- Yahoo
AI-powered Uplinq raises $10m
Uplinq, an AI-powered bookkeeping and tax solutions provider focused on small and medium-sized businesses (SMBs), has secured $10m in its Series A funding round. Next Coast Ventures led the funding round, which also saw participation from AZ-VC, Live Oak Ventures, and existing investors. Headquartered in Tempe, Arizona, the US, Uplinq intends to deploy the capital to fuel its expansion, advance its AI technology, broaden customer acquisition initiatives, and bolster its infrastructure to provide efficient, automated financial management solutions. As Uplinq embarks on its next growth stage, it is actively scaling its engineering, go-to-market, and customer success teams. SMBs continue to face difficulties in managing financial operations, frequently slowed down by outdated bookkeeping practices and legacy tax systems that are inefficient and prone to mistakes, the startup explained. Uplinq adds that it tackles these issues by utilising AI to streamline intricate bookkeeping and tax processes, delivering accuracy, efficiency, and scalability. The platform employs AI agents to manage all the aspects of bookkeeping, from transaction classification and reconciliation to predictive insights and tax compliance. Uplinq said: 'This cutting-edge automation not only enhances accuracy and operational efficiency but also empowers SMBs to leverage financial insights in real-time, driving strategic decision-making and business growth.' Next Coast Ventures co-founder and managing partner Thomas Ball said: 'Uplinq is transforming the way SMBs approach financial management. Their innovative use of AI to automate bookkeeping and tax processes addresses a critical need in the market. We are excited to support their journey as they scale and redefine industry standards.' Established in 2020, Uplinq caters close to 1,000 SMBs throughout the US, covering sectors such as e-commerce, healthcare, logistics, and hospitality. Uplinq CEO and co-founder Alex Glenn said: 'We are building more than just a platform—we are creating a new, innovative way for small businesses to manage their finances with the simplicity, accuracy, and insight they deserve.' "AI-powered Uplinq raises $10m " was originally created and published by International Accounting Bulletin, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Finextra
28-05-2025
- Business
- Finextra
AI bookkeeping platform Outmin raises €4 million
Outmin, an intelligent bookkeeping start-up that automates financial data production and eliminates manual data entry, today announced a €4 million raise led by Praetura Ventures via its Praetura EIS Growth Fund and NPIF II – Praetura Equity Finance, which is managed by Praetura as part of the Northern Powerhouse Investment Fund II. 0 The company also confirmed the appointment of Feargal O'Rourke, current IDA Chairman and former Managing Partner of PwC Ireland, as Chairman of the Board. The raise will enable Outmin to accelerate engineering hires, deepen AI capabilities, and scale delivery for a growing base of accounting firm partners, focused on margin improvement, efficiency, and modernising the core bookkeeping model. Additionally, the funding will enable Outmin to broaden its international reach, particularly in the North West of England, where it already has an emerging presence. "This funding marks an exciting new phase for Outmin," said Ross Hunt, CEO and Founder of Outmin. "It will enable us to continue our growth in Ireland and expand our presence in the UK, especially in the North West which is a hotbed of activity. It's about delivering a real system that changes how firms operate. With Feargal's experience and leadership, we're more equipped than ever to bring automated bookkeeping to more businesses and help accounting firms navigate the future of bookkeeping and finance." Feargal O'Rourke brings a unique perspective from decades at the forefront of the global accounting profession. His appointment signals Outmin's commitment to solving long-standing challenges in the industry, including talent shortages, inefficiencies, and succession risks. "Outmin is building something accounting firms truly need," said O'Rourke. "It's not a short-term fix, it's a foundational shift. The team understands where the gaps are in the current model, and they're delivering a system that helps firms scale and focus their people on higher-value work." Outmin's AI Bookkeeper automates key financial workflows, including document collection, invoice processing, reconciliation, and reporting. It combines automation with expert oversight to deliver accurate, up-to-date books, without growing headcount. According to Outmin, more than 350 businesses utilise the platform, and they have established partnerships with 11 accounting practices. Businesses report saving more than 200 hours annually on bookkeeping, while some partner firms report as much as €10,000 in additional revenue per client onboarded to Outmin by reallocating existing staff to higher-value tasks. "Every accounting firm is facing pressure to do more with less," said David Kelleher, Co-Founder and Chief Revenue Officer at Outmin. "The future belongs to firms that invest in better systems, not just people. We're already partnered with forward-thinking firms like Nexio, who are providing valuable insights to help us optimise our product and create something that gives accounting practices a real competitive advantage." Outmin is headquartered in Dublin and currently supports accounting firms across Ireland and the UK.
CTV News
16-05-2025
- Business
- CTV News
B.C. bookkeeper gets conditional sentence, probation for helping hotels evade nearly $1M in GST
Aeddy Leung worked as the bookkeeper for the Quality Hotel Airport (South), left, and the Coast Vancouver Airport Hotel during the 2014 through 2018 tax filing periods, the CRA said in a statement Friday. (Photos from hotel websites)
