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In today’s fast-developing automation environment, every profession is changing - including accounting and bookkeeping. In fact, the finance industry has always been one of the most dynamic.

It’s no secret that operational efficiency and customer satisfaction are top priorities for any retail or hospitality business. In order to achieve them, business owners have to put in a lot of effort for things to run smoothly, especially when it comes to sales and accounting functions.

For decades, bookkeepers were basically data entry clerks - their work consisted mostly of inputting data from one system into another. Now, however, with the increased availability and popularity of system integrations, many bookkeepers can offer high quality services that branch outside just copying numbers.

Australian-based company completes integration between restaurant reservation platform and point of sale (POS) system

DENVER (April 15, 2020) — Amaka, a professional automated data entry software for accountants and business owners, today announced an exclusive partnership with New York-based SevenRooms, a data-driven hospitality platform that combines operations, marketing and guest engagement tools. This partnership enables SevenRooms to integrate directly with Revel Systems, a leading cloud-based POS system used by hospitality operators globally.

Amaka continues to lead the way in accounting integrations after being chosen by Vend to provide its official integration with MYOB AccountRight. Amaka delivers best-in-class accounting automation tools for hospitality and retail SMBs, saving them time and money. Choosing Amaka is a “no brainer” for partners, said Pedram Afshar CEO. “We build, maintain and provide accounting support to the end merchants, leaving our partners to focus on what they do best!”.

Accounting integrations are slowly but surely finding their way into all sorts of industries. The retail and hospitality industry is recognising more and more the importance of keeping accounting efforts in the one place. As hospitality goes through a huge shift, accounting integrations are being utilized to sync data for sales, payroll, inventory and more.

There’s no doubt that technology has been shaping a lot of industries nowadays - and accounting is no different. In fact, due to its complex and ever-changing nature, accountants and bookkeepers have to learn and adapt constantly. We’re fully aware of that, which is why we created our own hub for all accounting and bookkeeping specialists to make keeping up with the industry much easier for everyone involved.

No matter how productive your team is, every accounting firm can only have a certain number of customers. It takes a lot of time and effort to service clients properly, and there are only 24 hours in a day. Additionally, it is often the case that a large portion of work is time-critical due to tax authority deadlines. Sure, you could hire more staff, but wouldn’t it be better to increase productivity and profitability in your accounting firm with the team and resources you already have in place? Here’s how you can achieve that with a few productivity tips.

It’s common to think that accountants only manage the books and ensure the accuracy of financial records. In reality, however, accountancy revolves around a wide variety of tasks and responsibilities, and is constantly evolving as technology is starting to play a bigger role in their day-to-day activities.

It might not seem like it at first, but there are some big differences between accounting and finance roles. Accounting and financial advisory are broad business functions that revolve around multiple job opportunities and roles within organisations. What’s more, accounting related roles are continuously evolving with the adoption of cloud accounting and business automation platforms - technology is rapidly transforming accounting and financial advisory, resulting in the creation of new roles in modern companies e.g. accounting technologists.