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Amanda

Beyond the Books: How AI and Cloud Accounting Are Reshaping Canada’s Small Business Operations

Canadian small businesses are experiencing a technological shift unlike anything before. Tools like cloud platforms, automation, and AI-powered analytics that were once reserved for large enterprises are now accessible and increasingly standard for entrepreneurs across the country.
At the centre of this evolution are two powerful forces: cloud-based accounting and AI-driven automation. Together, they’re reshaping how business owners manage their finances, streamline operations, and make strategic decisions.
As these tools become integrated into daily workflows, companies are turning to experienced partners like IYT to help them implement, maintain, and leverage the technology for smarter bookkeeping and stronger financial clarity.

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invoicing apps that make life easier
Technology
Amanda

Invoicing Apps That Make Life Easier

The days of carbon copy invoices are rapidly ending as businesses and clients alike are looking for electronic solutions.  Business teams on the go need to be able to track time and invoice quickly.  Tracking time on the go reduces the chance of lost time (lost money): having that time dialed into your invoicing platform for quick and easy invoicing improves cash flow and client relations. Stop losing employee time

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Technology
Amanda

Do I need to keep my receipts?

We get asked the question “do I need to keep my receipts?” at least once a month or more. The answer is yes you should. Receipts for the CRA According to the CRA website each expense that goes through your business must have documentation that provides the following: date of the purchase name and address of the seller or supplier name and address of the buyer full description of the

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Coins in plant jars
Finance
Amanda

Keeping your business a-FLOAT!

Float is a tool that allows you to see your forecasted cash flow within your business. This online cash management tool smoothly integrates with 3 different accounting software’s; Xero, QuickBooks Online and FreeAgent. ‘But I already have a spreadsheet that I see my cashflow on’ I hear you say – this is where Float will completely change your cash flow data experience. The significant difference of using Float, compared to

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