Welcome to our weekly round-up of the latest news and updates from the accounting tech world.
This week, Tech Insights features Xero’s new expense claims functionality, IRIS customer awards and AccountsIQ's Quick Digital Wins webinar.
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Xero updates its expense claims functionality
Xero has announced the global launch of the new Xero Expenses. This functionality aims to offer an efficient way to manage expense claims through automatically scanning receipts, app notifications to keep up-to-date on the status of expense claims, and flexible user permissions to control of who can submit, approve or pay a claim.
Xero users can try the new expenses feature for free until 28 September. Additional charges of £2.50 per month per active user will apply to those users who continue using the product after this date.
Xero’s classic expense claims functionality will be retired on 31 January 2019. From this date, the information from any previously processed expenses will be accessible as read-only through Xero reporting once classic expense claims retires.
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IRIS launches customer awards
As part of the software provider's 40-year anniversary celebrations, IRIS has launched the IRIS Customer Awards to recognise accountancy practices that have evolved beyond compliance to offer new services.
Categories include IRIS firm of the year, client excellence firm of the year, advisory firm for the year and fastest growing firm of the year. Other categories recognise the best use of technology and marketing innovation.
IRIS customers can enter the awards until 3 September. The shortlist will be announced on 17 September followed by the awards dinner on 9 October.
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AccountsIQ Quick Digital Wins webinar
Darren Cran, AccountsIQ’s UK managing director and Richard Sergeant, MD of Principle Point Ltd, will be presenting the AccountsIQ webinar on Wednesday 1 August.
The webinar will cover tips on transitioning to the digital mid-market easily and implementing new technology. Cran and Sergeant will analyse the benefits of OCR and approval, fixed asset register and expense capture through real-life stories of finance teams that have increased their efficiency thanks to technology.