If there’s one thing that defines successful businesses, it’s their ability to cope with change. In recent years, we’ve seen the rapid rise of cloud-based technologies, the reshaping of many industries by automation and artificial intelligence, and waves of regulatory change. Now, the UK faces its biggest change in decades, as it starts to separate […]
Some argue that off the shelf accounting packages aren’t as good as Excel spreadsheets to manage your finances. Although Excel can be customised to a way that could work for you, there are multiple reasons why software ranks supreme over the Excel spreadsheet method. Ease of use A Microsoft Excel spreadsheet is basically a blank […]
Cash flow: a definition. Cash flow, the ability to generate enough cash at the right time to meet liabilities, is one of the most common inhibitors of business growth and the key reason for insolvency, affecting profitable and unprofitable companies alike. According to research, small and medium-sized companies are owed nearly £40 billion as a […]
Until the 1980s when technology and computer software development really progressed, accounting was a long and laborious task, requiring all notations and financial data to be analysed, recorded and stored by hand. Accounting software introduced a quick and reliable method of tracking accounts that has revolutionised the industry. What is a Sage accounting system? A […]
Struggles with an accounting system may be a sign that it is time for something new. Growing SMEs may quickly outpace an older accounting software system but only few companies are willing to make the move. All of the other companies are staying things like: “We’ve always done it like that” “This is what we’ve […]
Business accounting software scraps human error that is part and parcel of doing everything manually. Instead, it enables you to easily access the vital information without the hassle. Even better still, there are numerous cloud accounting software options available. Finding the right accounting software can be a difficult decision to make but there are five […]
How to choose the right software The amount of information recorded and exchanged during any one construction project is monumental. It has been estimated that the average construction project suffers 150% cost overruns and that projects over run more than 50% of the time! A lack of clear and accurate information exchanges can lead to […]
