A warning about crypto from the Fed, and nine other developments in technology from the past month, and how they’ll impact your clients and your firm.
1. Intuit adding e-signature to QBO Advanced
Why this is important for your firm and clients: What was the world like before e-signing? Oh, I remember. It was messy, fully of mistakes and overly time-consuming. I’m seeing most accounting and other business application providers partner with companies that provide electronic signatures like DocuSign and
2. Small-biz owners haven’t given up on tech
Why this is important for your firm and clients: Gee, the cloud really works. That’s what I kept telling my clients years ago. But it took a pandemic to finally get them to act. Now we’re all benefitting.
3. Fed chief warns about Bitcoin and cryptocurrency risks
Why this is important for your firm and clients: Bitcoin is growing in value — and popularity. Payments giant PayPal is now accepting digital currencies like it and Tesla will sell you a car in exchange for it. It’s becoming less volatile, and more of an option for many customers looking to buy products — online and in-store. Will this be a form of payment you accept in the future?
4. Yahoo jumps into e-commerce fray
Why this is important for your firm and clients: E-commerce is all about audience: Where are your customers? How can your products receive the most eyeballs? Of course, Amazon is the leader here. But getting your products in front of people is challenging there, as well as other online marketplaces like eBay and Etsy. Yahoo may be an opportunity for you to get in at the ground level and, even though there’s less traffic at first, you may still get more views … and sales.
5. Recruiting startup raised $65M
Why this is important for your firm and clients: SeekOut looks like a great application that businesses should consider as we recover from the pandemic recession and get back to hiring. Finding good staff in 2021 will be a top priority and I expect to see many more tools like this one available to assist employers.
6. Google Workspace adding new features for remote workers
Why this is important for your firm and clients: “Work from anywhere” is the biggest employment trend this year. As employees return to the workforce there will be an expectation that companies will offer WFA options as part of their core benefits. Smart companies will do this. They’ll also leverage tools like the ones provided by Google to help them better manage their remote employees.
7. Square is now a bank
Why this is important for your firm and clients: Square now joins a number of online bankers and financial services organizations providing funding to small businesses, thanks to the rise in fintech that enables them to do so. It’s great news for businesses needing capital, although buyer beware: Interest rates are significantly higher than a traditional bank.
8. Dell’s 40-inch monitor is the best kind of excess
Why this is important for your firm and clients:$2,100 for just a monitor? Don’t roll your eyes. I see many of my clients in the engineering and design space shelling out this kind of money because having very large, crystal-clear displays helps their employees do their jobs better. When you’re dealing with very detailed sketches, plans and images having the very best visuals can make a big difference to the outcome.
9. Chrome’s real-time captions now on PC and Mac
Why this is important for your firm and clients: A very useful feature. Besides the obvious benefits for the hearing impaired, your employees (and you) can leave these on to read while watching videos and not disturbing anyone else. You can also recommend to your own video audience to do the same.
10. GoDaddy launching Instagram integration for SMB users
Why this is important for your firm and clients: According to GoDaddy, the newest integration with Instagram will allow businesses to more easily monitor, administer, and schedule using Instagram accounts. According to the report, the new integration will allow GoDaddy’s business users “to preview and post images directly to Instagram, as well as share products for sale within Instagram posts. They’ll also be able to keep track of Instagram comments and views and schedule posts for the future.”
Note: Some of these stories also appeared on Forbes.com.