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Digital Accountancy Show 2022 - iwoca talk on Open Banking - picture of the host and panellists

Payments are the hot topic at DAS 2022

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Payments and funding solutions seem like the hot ticket in town at the moment when it comes to accounting tech. 

10th Jun 2022
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It was all to play for at the Tottenham Hotspur stadium this week. But the crowd wasn’t waving blue and white scarves, they had come for the Digital Accountancy Show 2022. 

AccountingWEB’s technology editor Tom Herbert was a panellist at iwoca’s talk where the panel discussed recent research into how accountants can help their clients with Open Banking solutions

There was also a buzz around the Libeo stand, perhaps helped by the fact that the relatively recent addition to the UK accounting tech scene was also sponsoring the aftershow party. As well as lots of action for Libeo, payment tech firms including Pleo, Modulr, World First, Crezco, Comma, Airwallex, Telleroo and Nook all had plenty of people interested in their solutions.

With iwoca, Capitalise, Swoop, Arex Markets, Funding Options and Satago all present, there were also plenty of funding tech providers for attendees to investigate. 

Solutions for accountants and practices

Open Banking isn’t just for payments of course and the Coconut team was busy booking demos of their sole trader solution, which uses Open Banking to help businesses categorise their expenses. Streem Connect were also showing off the latest developments to their software.

It wasn’t all hard work as there were two aftershow parties this year. The first in the impressive Goal Line Bar in the stadium was sponsored by Dext, who were doing a roaring trade in demos of their range of tools for accountants. 

Another area where we’ve seen a real growth in interest on AccountingWEB was the crypto space. Koinly, who offer crypto accounting software, was fielding a wide range of questions (we’ll be hosting a Koinly webinar on how accountants can deal with crypto clients on 23 June), as were Myna with their outsourced crypto solutions for accountants, an Auditchain showing of their recently launched blockchain solution for decentralised financial disclosure and assurance. 

Latest developments

As well as a host of fintech apps to enhance their tech stacks, the usual accounting platforms had plenty of new developments to show off. Sage was showing its recently enhanced Sage for Accountants, FreeAgent its recently launched Landlord solution and Xero, Quickbooks and Wolters Kluwer were all busy with visitors to their stands. Silverfin, Capium, iplicit, Xledger, and Nomisma (who were proudly trumpeting the success of their current crowdfunding campaign) were making sure that delegates were aware that there are alternatives to the larger platforms. Practice management software was well represented by Accountancy Manager, ignition, Karbon, but other than BrightPay, there didn’t seem to be as many payroll tech firms as might be expected.

AccountingWEB's Jake Smith got to meet Spurs legend Ossie Ardiles at DAS 2022All of this and more meant that there was plenty of tech for the visitors to discover complemented by a wide range of sessions for the content programme. It was a busy and enjoyable day, with a personal highlight for me being meeting Tottenham and Argentina legend Ossie Ardiles. 

If you missed out on the Digital Accountancy Show this year, or you want another opportunity to meet the best vendors and hear from the best speakers, there will be more opportunities to network and learn at our second AccountingWEB Live Expo on 30 November–1 December 2022. Looking forward to seeing you all there!

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