Baco

Once, forever. Once Accounting Technologies is the new face of BaCo Tech

Retrieved on: 
Thursday, February 17, 2022

New clients and exciting partnerships are on the horizon, so in hopes of creating a more permanent presence in the industry, BaCo Tech and its patented workflow technology will now become Once Accounting Technologies.

Key Points: 
  • New clients and exciting partnerships are on the horizon, so in hopes of creating a more permanent presence in the industry, BaCo Tech and its patented workflow technology will now become Once Accounting Technologies.
  • This tech makes touch-it-once" possible for the accounting and tax industry; therefore, Once Accounting Technologies became the perfect descriptor of the product.
  • Now, BaCo Tech can evolve into Once Accounting Technologies as its permanent face among accounting technologies.
  • Once was established as the new face of BaCo Tech because it has the capability of performing redundant tax actions once, forever.

Dallas Tech Startup, BaCo Tech, Receives US Patent for CPA Firm Transaction-Based Workflow

Retrieved on: 
Tuesday, March 23, 2021

Ford Squared Technologies, LLC's product, BaCo Tech, received a US patent titled "Accounting Platform Functionalities" (US Patent #10,956,989).

Key Points: 
  • Ford Squared Technologies, LLC's product, BaCo Tech, received a US patent titled "Accounting Platform Functionalities" (US Patent #10,956,989).
  • Everyone in public accounting has paid for the inefficiencies in the industrys workflow.
  • BaCo Tech is the conversion tool for the industrys reactive workflow to a proactive workflow that offers opportunities for advisory services.
  • More than a dashboard, BaCo Tech offers a command center where adjustments can be made back to a clients accounting records and updates can be made directly into a CPA firm workflow, from a single login for every client of the firm.

Latinia invests in fintech company Ábaco to boost financial inclusion in the region

Retrieved on: 
Friday, January 15, 2021

Latinia, a software vendor specializing in real-time event processing for financial institutions has recently announced its investment in the SaaS fintech company baco, which operates in Colombia and Mexico and provides financial access to unbanked individuals.

Key Points: 
  • Latinia, a software vendor specializing in real-time event processing for financial institutions has recently announced its investment in the SaaS fintech company baco, which operates in Colombia and Mexico and provides financial access to unbanked individuals.
  • baco develops a groundbreaking software for the generation of credit histories, the lack of which is a barrier preventing millions of workers from gaining access to credit.
  • According to McKinsey, last year approximately 70 percent of the population over 15 years old lacked full or partial access to banking services.
  • Reaching this segment of the population means serving the heart of many countries' economies," explains baco CEO and founder Victoria Blanco Alegra.

BaCo Group Creates Transformative Software to Help Accounting Professionals Navigate Financial Crises Through COVID-19 and Beyond

Retrieved on: 
Thursday, May 7, 2020

This service has allowed BaCo Group to help its clients navigate the ever-changing environment of COVID-19.

Key Points: 
  • This service has allowed BaCo Group to help its clients navigate the ever-changing environment of COVID-19.
  • Using BaCo Tech, BaCo Group was able to help its clients apply for PPP loans quickly and efficiently, at no additional charge.
  • Through BaCo Tech, BaCo Group can access consolidated financial data for all their clients, using a single login from a web browser.
  • Developed by the Dallas-based CPA firm BaCo Group, BaCo Tech improves work-life balance and effectively eliminates overtime during tax season by equipping accounting professionals with a real time Living Trial Balance.

Dallas CPA Firm Announces Patent for Online Client Reporting Platform, BaCo Tech

Retrieved on: 
Wednesday, September 11, 2019

DALLAS, Sept. 11, 2019 /PRNewswire/ -- The BaCo Group PLLC (a Dallas CPA firm) announced their patent application for their cloud-based platform,BaCo Tech.

Key Points: 
  • DALLAS, Sept. 11, 2019 /PRNewswire/ -- The BaCo Group PLLC (a Dallas CPA firm) announced their patent application for their cloud-based platform,BaCo Tech.
  • Developed in-house by Ford Baker, CEO, specifically for enterprises with multiple entities and complex reporting requirements, BaCo Tech integrates client accounting directly into a CPA's workflow.
  • It automates year-end processes for CPAs while giving clients access to accounting assistance and enterprise level online financial reporting.
  • BaCo Tech, currently available through the BaCo Group, integrates with most accounting solutions, from QuickBooks Desktop/Online to more robust ERPs.