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Top Five Blog Posts of 2019

20/12/2019

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2019 has been a banner year for Receipt Bank. 

Over 350,000 small businesses and 50,000 financial advisors have grown with us as we move out of one decade and into a brand new one. 

The Receipt Bank blog has been there along the way, showcasing the goings-on in our company and the wider industry.

As the last month of the year comes to a close, here are our most-read blogs of 2019. We hope you enjoy reading them.

In order of readership …

1. The winner

Though published in 2018, Introducing Bank Fetch: Putting Bank Statements Where You Need Them holds the top spot this year. 

Our aim with Bank Fetch is to save the time bookkeepers and accountants waste chasing their clients for paperwork and create a downloadable PDF ready to upload so that statements are always available. 

This feature automatically fetches your client’s statements from their banking portal, saving you having to log-in and download them.

You can read more about it here. 

2. A close second

Top Five Accounting Trends To Embrace In 2019 races into second place. We love numbered lists, and it looks like our readers do too. This year saw some exciting trends hit the accounting industry.

In this post, we broke them down into the five most influential. These included: open banking, cash-flow consulting, the resurgence of compliance, client expectations, and finding value in the age of automation. 

So were we spot on about one or two?

Open Banking has taken off at a rocket-fast pace. According to Transunion, at the start of the year, 8 out of 10 financial firms adopted or planned to adopt Open Banking. 

Still, it has a way to go. Only 59% of the 442 banks have complied so far. Luckily, Fintech development and consumer demand are pushing the wave forward with the numbers to prove it. 2019 was a record year for UK Fintech funding with £1.7 bn raised by August. 

The other trend that made a mark this year was more cash flow consulting and a greater focus on solving the cash flow woes of SMEs. Fintech innovations continue to fight negative cash flow. GoCardless automates recurring payments for SMEs so that no chasing is needed. This year they launched a global network so that SMEs can now collect cash globally. 

Here are a few more cash flow innovations for 2020

3. The bronze goes to…

Receipt Bank launched our Quickbooks Desktop integration at the end of 2018, and Quickbooks users were thrilled – at least based on the number of hits we got on this blog post named Receipt Bank Now Integrates with QuickBooks Desktop. 

This solution focuses on desktop clients who aren’t in the cloud. Receipt Bank’s online platform syncs with Quickbooks Desktop and sources and processes invoices from all clients. 

4. Fourth place and still on top

We love our Orange Select community of global partners. With its monthly discussions, challenges and open forums,t Orange Select is a testament to a growing community of accountants and bookkeepers. 

Two years ago, we launched Orange Select as a way for professionals in our network to interact and discuss anything and everything. Since then Orange Select has grown exponentially, with 8,000 members and 300 more joining every month. 

Our blog post, Orange Select: Unlocking The Power Of Our Global Partner Community is a nice throwback to how it all began. 

5. We saved the best for last

Books aren’t just for balancing. In this blog post 20 Best Business Books For Accountants and Bookkeepers, we turned to Orange Select for your shortlist of the 20 best page-turners in the industry. 

Titles ranged from The Subtle Art of Not Giving A F*ck by Mark Manson to You Can Heal Your Life by Louise L. Hay. 

All of these recommendations are worth revisiting, especially as the holiday season is upon us and there is more time for catching up on reading. 

In short, it has been a year of fascinating topics to write about, and we are sure that 2020 will spring more of the same. 

If you haven’t already, get stuck into the discussions over in Orange Select. We hope to see you there!

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