Top seven accounting pain points for Hospitality and Retail all solved by automation

The hospitality and retail sectors are still at the heart of the UK high street. Both operate on high volumes of transactions, manage complex staffing rotas and demand precise inventory and cash control. The need for efficient processes is driven by market factors and performance.

Why do businesses really fail

When a business fails, the story is often framed around a lack of interest, few customers or a faulty product. The reality is often less dramatic and, in many cases, preventable. Many thriving small businesses with a loyal client base and excellent services or products collapse due to financial mismanagement.

Financial Forecasting: Your roadmap to future financial success

Financial forecasting helps organisations make informed financial business decisions about future revenue, costs and cash flow projections by analysing historical data, market trends and key assumptions.

The power of true cloud finance software for non-profits

Student Unions occupy a unique position within the higher education sector. Similar in some ways to Trade Unions, they function as separate legal entities dedicated to representing the student body of a university.

Accounting Solutions for Student Unions

How To Boost Your ‘Clunky’ Accounting System

In the early stages of business, the priority is often simply getting set up and started. You may quickly put systems in place to address immediate needs, and not necessarily consider the long term.

E-invoicing: The Future of Transform Business

By committing to electronic invoicing, businesses can help their company become more efficient and make cost savings, whilst also contributing to a more sustainable future.

The Time-Saving Magic of Automated Accounting

Here we’re exploring the advantages of automated accounting, the reasons behind its wide spread adoption, and the measurable benefits it delivers.

Twinfield updates (Version 6.151.0 and Version 6.153.0)

Wolters Kluwer recently released two updates to Twinfield accounting to improve several areas of the system. Here’s a breakdown of the new additions to the system and what it means for businesses.

Systems audits – A fresh reset for your business

The end of 2024 is nearing, and now is the best time to clean up your business so you can hit the ground running in January. Here’s what we suggest you do before the end of the year.

Sage Intacct: New Accounts Payable Module

Sage Intacct recently added automated accounts payable to their arsenal, and with the added power of AI, users can drastically improve their workflows.

The Ultimate Guide to Streamlining Your Accounting Processes with Software Solutions

No two businesses are the same. Several software providers market their product as the perfect solution for every business – the reality is that the nuances and individual characteristics separate each and every system.

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