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Posts tagged "accounting"

Electronic fund transfer fraud costs Brisbane couple $1 million | ABC News

May 21st, 2019 Posted by Uncategorized 0 thoughts on “Electronic fund transfer fraud costs Brisbane couple $1 million | ABC News”

After $1 million was siphoned off their company’s accounts and their bookkeeper charged with 250 counts of fraud, a Brisbane couple wants banks to be more accountable for electronic fund transfer (EFT) fraud.

Their bookkeeper has been charged with 250 counts of fraud and fraud-related offences in relation to the missing money, and accused of using electronic funds transfer fraud.

“We thought that our money was safe, we thought our lives were safe — but it’s destroyed us,” Ms Saggers said.

Detective Inspector Vince Byrnes warns EFT fraud can have a “devastating” impact on people.

Banks in Australia don’t have to cross-check account names against account numbers in EFT transactions.

Reducing the risk of fraud and ‘segregation of duties’ is important even with micro and small businesses. That’s why Gobbill in the mix would help small business owners, bookkeepers and accountants prevent fraud and other potential cyber-related crimes.

Sign up for a Business Plan or our Partner Program if you’re a bookkeeper/accountant.

Read more at ABC News. 

Gobbill featured in latest edition of Accounting Technician Magazine

May 12th, 2019 Posted by Uncategorized 0 thoughts on “Gobbill featured in latest edition of Accounting Technician Magazine”

The Association of Accounting Technicians (AAT) and Gobbill have partnered to provide bookkeepers with cutting-edge technology that helps combat invoice fraud while automating the accounts payable process. Accounting Technician asked Gobbill all about the partnership in the latest edition of Accounting Technician March 2019

 

Automation technology in the hands of accounting technicians will make the greatest difference in reducing the risk of invoice fraud. Gobbill provides top five tips to avoid bill scams in the article.

 

Gobbill was also invited to present to the Victorian Accounting Teachers Network 10th May 2019 to raise awareness of increasing fraud impacting small businesses and how new automation technologies such as Gobbill can help combat it.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Source: AAT Accounting Technician

Federal Budget 2019, Innovation is taking a backseat and Australia is losing out.

April 8th, 2019 Posted by Financial Management, Gobbill News, Startup 0 thoughts on “Federal Budget 2019, Innovation is taking a backseat and Australia is losing out.”

Bill payment automation company Gobbill is seeing more small businesses doing it tougher drawing on reserves to meet their payables. The 2019 Federal Budget may be good for some small businesses but certainly lacks investment in innovation. The increased instant asset tax write-off may help bricks and mortar type businesses but is unlikely to help high-tech innovative companies using scalable cloud processing and other subscription-based services.

There should have been more support and a broader view of R&D as new fields and methods of engineering and scientific development have emerged and do not necessarily fit the traditional R&D models. A different lens should be applied to larger corporations conducting R&D compared to start-ups, especially in incubators and accelerators.

Australia is competing with the rest of the world and we’re losing out. For example, the UK provides entrepreneurs with a personal relief tax rate of 10%. In addition, Australia has also loosely copied the UK Enterprise Investment Scheme to help attract early stage funding but we could do much better.

Watch full interview of Frank Labs’ Senior Advisor Jasmine Koh interviews Gobbill CEO Shendon Ewans about the Federal Budget impact on Small Businesses and Startups.

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