digits

Jeff Seibert is co-founder of Digits, a beautifully designed accounting and reporting platform that essentially sits on top of Intuit’s QuickBooks. It then uses that data, plus API-based integrations on incoming and outgoing money in its business, to create a massive information database. Digits then begins to organize and read that data to create more intelligence around it, such as providing automatic answers to the kinds of “how” or “why” questions that an accountant or other finance pro might have around a basic financial report, the kinds of answers that previously would have only been possible through human queries, and being able to read and understand the stories behind paper trails and siloed sources of data. Digits Reports will sit alongside and is based around a search feature that Digits launched last year to help users find transactions that tap into a similar idea: answers are not found just through keywords but in results. Digits has raised $97.5 million from SoftBank’s Vision Fund, U.K. investor Harry Stebbings’ 20VC Growth, GV, and Benchmark.

Where to find Jeff Seibert:

• Website: Digits - Accounting, 
• LinkedIn (13) Jeff Seibert | LinkedIn

Where to find Hadi Radwan:

• Newsletter: Principles Friday | Hadi Radwan | Substack
• LinkedIn: Hadi Radwan | LinkedIn

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On this episode of Mahakatha, host Preeti discusses the power of repetition and consistent elements in our lives, from mantras to the multiplication table to the changing of seasons. Preeti reflects on the importance of repetition in meditation and how it serves as a tool for memory retention. She introduces the "Om Mani Padme Hum" mantra and leads listeners in chanting it. Preeti encourages listeners to take breaks when pursuing their passions and connect with the universe through mantras. Listeners are invited to give feedback for future episodes. Join Preeti for an enlightening conversation on the power of repetition and consistency.

[00:00:57] "Transport back to childhood: The magic of multiplication"
[00:03:21] "The Power of Repetition in Ancient Wisdom"
[00:06:23] "The Power of Repetition: A Fundamental Force"
[00:09:54] "Discover the Enlightening Buddhist Chant: Om Mani Padme Hum"
[00:14:01] "Beautiful comment on mantra meditation ignites passion"

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Show Notes

00:59 – Taxpayer advocate urges IRS to use scanners to cut backlog

https://www.accountingtoday.com/news/taxpayer-advocate-urges-irs-to-use-scanners-to-cut-backlog 

IRS Says Paper Income Tax Returns are Major Cause of Logjam

https://www.cpapracticeadvisor.com/tax-compliance/news/21262251/irs-says-paper-income-tax-returns-are-major-cause-of-logjam

14:07 – FTC says TurboTax free filing not as free as advertised, Intuit vows to fight

https://www.accountingtoday.com/news/federal-trade-commission-complaint-says-turbotax-overstated-free-file-options-intuit-vows-to-fight-back

FTC Sues Intuit Over Deceptive TurboTax “Free” Filing Campaign

https://smallbiztrends.com/2022/03/ftc-sues-intuit-over-deceptive-turbotax-free-filing.html

‘False Claims and Buried Disclosures’: FTC Says TurboTax Tricks People Into Thinking They Can File for Free

https://money.com/turbotax-free-file-ftc-complaint/ 

18:32 – Five insights gleaned from PCAOB audit committee chair report

https://www.complianceweek.com/accounting-and-auditing/five-insights-gleaned-from-pcaob-audit-committee-chair-report/31507.article 

22:02 – House Bill Calls for Creation of Crypto-Less, Privacy-First Digital Dollar

https://www.pymnts.com/cbdc/2022/house-bill-calls-for-creation-of-crypto-less-privacy-first-digital-dollar/ 

24:58 – Voicemail from Ryan Pearcy – Thank you!

27:02 – Hedge funds are betting against a cryptocurrency whose price shouldn’t move. Tether says the short sellers are part of a ‘clever scheme to raise capital from those less knowledgeable’

https://www.wsj.com/articles/short-sellers-bet-tether-cryptos-central-bank-is-vulnerable-to-a-run-11648978202

29:14 – Hackers heist $600M in crypto from blockchain network

https://www.accountingtoday.com/news/hackers-steal-600-million-in-crypto-from-ronin-blockchain-network 

Crypto Gaming's Biggest Success Story Scammed Out Of $600 Million

https://kotaku.com/crypto-axie-infinity-scam-exploit-blockchain-ethereum-n-1848721147

34:12 – Accounting software: MCA yet again defers mandatory audit trail norm by 1 more year

https://www.thehindubusinessline.com/economy/accounting-software-mca-yet-again-defers-mandatory-audit-trail-norm-by-1-more-year/article65282052.ece 

35:49 – Ask These 3 Interview Questions to Hire the Best Accountant for Your Firm

https://news.bloombergtax.com/daily-tax-report/ask-these-3-interview-questions-to-hire-the-best-accountant-for-your-firm 

Former School of Medicine administrator pleads guilty to stealing $40 million from the University - Yale Daily News

https://yaledailynews.com/blog/2022/03/28/former-school-of-medicine-administrator-pleads-guilty-to-stealing-40-million-from-the-university%EF%BF%BC/ 

46:51 – Email from Tony – Thank you!

54:40 – Builder.ai Raises $100M Series C Funding Led by Global Software Investor Insight Partners

https://www.prnewswire.com/news-releases/builderai-raises-100m-series-c-funding-led-by-global-software-investor-insight-partners-301513079.html 

55:22 – Trullion tackles applying AI to accounting workflows | VentureBeat

https://venturebeat.com/2022/03/25/trullion-tackles-applying-ai-to-accounting-workflows/ 

56:43 – Finally, SMB Accounting Startup, Raises $95M | PYMNTS.com

https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/amp/ 

Finally, a Small Business Accounting Automation Startup, Raises $95M

https://www.pymnts.com/news/investment-tracker/2022/finally-a-small-business-accounting-automation-startup-raises-95m/

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Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show....

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Show Notes

03:29 – Mister Car Wash Finding Loyalty Among Increasing Customer Base            

https://www.pymnts.com/news/retail/2022/mister-car-wash-finding-loyalty-among-increasing-customer-base/

05:51 – Voicemail from Nikole – Thank you!

13:08 – Intuit Rate Survey: COVID-19’s impact on accounting professionals and their clients           

https://www.firmofthefuture.com/content/intuit-rate-survey-covid-19s-impact-on-accounting-professionals-and-their-clients/

18:00 – Half of Remote Professionals Say They Would Quit if Required to Go Back to Office            

https://www.cpapracticeadvisor.com/payroll/news/21261548/half-of-remote-professionals-say-they-would-quit-if-required-to-go-back-to-office

20:27 – As more companies begin their return to the office, Facebook parent Meta Platforms is becoming more remote than ever before           

https://www.wsj.com/articles/mark-zuckerberg-and-metas-leadership-take-remote-work-to-the-extreme-11648040580

24:30 – Rick Scott touts importance of 'bookkeeping' classes when asked about financial literacy bill          

https://floridapolitics.com/archives/510781-bookkeeping-scott/

26:24 – Who stands to make and lose money if the SEC climate rule becomes law

https://www.cnbc.com/2022/03/23/sec-climate-rule-winners-and-losers.html

New SEC proposal would ramp up climate-change disclosures

https://www.journalofaccountancy.com/news/2022/mar/new-sec-proposal-ramp-up-climate-change-disclosures.html

34:09 – Advisory Services Continue to Grow in Accounting Firms 

https://www.cpapracticeadvisor.com/firm-management/article/21261215/advisory-services-continue-to-grow-in-accounting-firms

35:54 – Madonna Becomes Latest Celeb Aboard Bored Ape          

https://www.pymnts.com/nfts/2022/madonna-becomes-latest-celeb-aboard-bored-ape-yacht-club/

39:32 – Six months in, El Salvador’s bitcoin gamble is crumbling - Rest of World   

https://restofworld.org/2022/el-salvador-bitcoin/?utm_source=pocket-newtab

42:52 – Digits books $65M on a $565M valuation to bring a more dynamic, automated approach to legacy accounting tools – TechCrunch        

https://techcrunch.com/2022/03/24/digits-books-65m-on-a-565m-valuation-to-bring-a-more-dynamic-automated-approach-to-legacy-accounting-tools/

59:47 – Podcast 350: Wayne Chang of Digits - LendIt Fintech News            

https://www.lendacademy.com/podcast-350-wayne-chang-of-digits/

Get in Touch

Thanks for listening and for the great reviews! We appreciate you! Follow and tweet @BlakeTOliver and @DavidLeary. Find us on Facebook and, if you like what you hear, please do us a favor and write a review on iTunes, or Podchaser. Interested in sponsoring the Cloud Accounting Podcast? For details, read the prospectus, and NOW, you can see our smiling faces on Instagram! You can now call us and leave a voicemail, maybe we'll play it on the show. DIAL (202) 695-1040

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double digits! DOUBLE JUMP! we sit down and talk about lots of things while also reviewing another short film of ours! listen up to the freshest. 

(18+ Explicit) Welcome to Episode 36, all about those magic digits we call fingers! (Sorry if you were hoping for toes) First of all, we apologize in advance for the first thing out of Kari's mouth. We are immature and will probably never change. Anyways! Whether you call it fingering, fingerbanging, fingerblasting, or fingerbombing, they all generally mean the same thing and we want to read comments about them all! Just remember: Experience, and more importantly communication, usually dictate the difference between a bang and a bomb.

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All claims made here about alcohol, whether in this podcast, in this description, or on our Youtube channel, are solely our opinions and intended only for those of legal drinking age.  All links provided here should only be accessed by those of legal drinking age.