Expensify Stand Down and Stand By
David Barrett, CEO of Expensify, emailed all 10 million users on Friday morning telling them that, “If you are a U.S. citizen, anything less than a vote for Biden is a vote against democracy.” Blake and David dive into the reactions from and impact on the accounting and bookkeeping community, including results from this week's Twitter survey. In app and fintech news, Jirav partners with CPA.com, Chase goes after Square, PayPal adds crypto, FreshBooks adds inventory, and Jetpack Workflow gets a new perspective. In news of a stranger nature, Accounting Seed makes an accounting board game, George Washington's Revolutionary War expense report. Finally, we balance the depressing political news with a spirit-boosting voicemail from another satisfied Cloud Accounting Podcast listener!
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Show Notes
07:14 – Expensify’s CEO explains how he made the decision to tell all his customers to vote for Biden
https://www.protocol.com/expensify-email-biden-trump-david-barrett
https://www.protocol.com/expensify-email-biden-trump-david-barrett
20:34 – Expensify CEO Emails 10 Million Customers Urging Them to Vote for Biden
More Expensify Coverage:
- CEO emails 10 million customers to tell them to vote for Biden https://www.cbsnews.com/news/expensify-ceo-david-barrett-emails-customers-vote-biden/
- Expensify CEO Urges Customers to Vote Against Trump https://www.wsj.com/articles/expensify-ceo-urges-customers-to-vote-against-trump-11603489825
- Expensify CEO implores customers to vote for Biden over Trump in an explosive mass email https://www.fastcompany.com/90567857/expensify-ceo-biden-trump-david-barrett
27:37 – The results are in from our own Expensify v. Democracy survey on Twitter
29:15 – Our discussion on which way accountants will vote in 2020
35:48 – Jirav named CPA.com's preferred business planning software partner
https://www.accountingtoday.com/news/jirav-is-now-cpa-coms-preferred-business-planning-software-partner
https://www.accountingtoday.com/news/jirav-is-now-cpa-coms-preferred-business-planning-software-partner
38:10 – JPMorgan Takes On Square, PayPal At Point Of Sale
https://www.pymnts.com/smbs/2020/jpmorgan-takes-on-square-and-paypal-at-the-point-of-sale/
https://www.pymnts.com/smbs/2020/jpmorgan-takes-on-square-and-paypal-at-the-point-of-sale/
38:48 – JPMorgan Chase takes on Square and PayPal with smartphone card reader, faster deposits for merchants
39:47 – PayPal to open up network to cryptocurrencies
- PayPal Eyes Buying Crypto Firm BitGo, Others https://www.pymnts.com/cryptocurrency/2020/paypal-eyes-buying-crypto-firm-bitgo-others/
42:17 – Intuit account – Why now for QuickBooks Desktop?
43:27 – New: Track Your Inventory Directly in FreshBooks
44:10 – Feature Release: Introducing Plan, the 1st Feature in the All-New Scale Tier
45:02 – As stimulus talks drag on in Washington, millions of small businesses await guidance on PPP loan forgiveness https://www.cnbc.com/2020/10/23/millistimulus-talks-drag-on-and-uncertainty-over-ppp-loan-forgiveness-hangs-in-the-balance.html
47:09 – Deer crashes through window into accounting office
https://www.upi.com/Odd_News/2020/10/23/Deer-crashes-through-window-into-accounting-office/7171603475615/
https://www.upi.com/Odd_News/2020/10/23/Deer-crashes-through-window-into-accounting-office/7171603475615/
47:42 – Accounting Seed Releases Downloadable Accounting Basics Board Game
50:00 – Historic bookkeeping record suggests Washington's horse fell in water near iconic Bull's Covered Bridge https://connecticut.news12.com/historic-bookkeeping-record-suggests-washingtons-horse-fell-in-water-near-iconic-bulls-covered-bridge
52:02 – Another listener voicemail from Shane Mason, Brooklyn FI Tax
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Full Transcript Available Upon Request - info@cloudaccountingpodcast.com
Full Transcript Available Upon Request - info@cloudaccountingpodcast.com