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Accounting Insight News
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All your accounting news in one place. Read the posts to obtain information about the latest accounting news. Brought to you by Accountex.
Accounting Insight News
3w ago
On 17 September, thousands of attendees are expected to return to Manchester Central for the sixth edition of Accountex Summit Manchester.
“Last year’s show was a huge success, we welcomed a 35% increase in attendees!” said Accountex Portfolio Director, Caroline Hobden. “This year we’re excited to deliver an even better show with new exhibitors, speakers and features.”
‘You will leave feeling empowered’
The show will feature a lineup of more than 120 software and service providers, including big names such as FreeAgent, Intuit Quickbooks, IRIS, Sage, Wolters Kluwer, a ..read more
Accounting Insight News
3w ago
Christine is a multi-award-winning Business Mentor, speaker and author. She has authored 4 business books and is a regular keynote speaker on Succession and Exit Planning. As a businesswoman who has built multi-million turnover businesses over the last 30 years, she has worked with many business owners in all sectors including taking one from bankruptcy to 8-figure exit in 18 months. Her latest book, SELL IT, helps business owners get their business and themselves ready for the hardest part of the entrepreneur journey, leaving their business in the hands of others.
From starting her career in ..read more
Accounting Insight News
1M ago
Dext is bringing its three products into a single Bookkeeping Automation platform and will release new features to automate employee expenses, simplify approval workflows and more.
Dext, the leading bookkeeping automation platform provider, today announced it is combining its products, Prepare, Precision and Commerce, into one integrated experience that will remove the friction between businesses, bookkeepers and accountants. It will enable them to bring accurate data, efficient processes and actionable insights into one platform.
Accurate and current business data sits at t ..read more
Accounting Insight News
1M ago
Milestone £2m purchase for the ambitious franchising and accounting group.
TaxAssist Direct Acquisitions Limited, a fully owned subsidiary of The TaxAssist Direct Group Limited, completed its first transaction on 31 May, acquiring a majority stake in the largest TaxAssist Accountants franchisee practice in its network.
Chief Executive Officer, Daren Moore FCCA, said: “I am pleased to announce the successful completion of the first of our planned acquisitions for 2024, with The TaxAssist Group taking a majority stake in Mike and Penny Melling’s TaxAssist Accountants franchise business.
“Mike a ..read more
Accounting Insight News
1M ago
More than a decade of capped tuition fees has caused universities to struggle financially – with some even supplementing the cost of education themselves. Funding grants and tuition fees no longer address the costs of providing high quality research and education. As a result, universities are under increased scrutiny from stakeholders. These include research councils, investors and private donors, who are all keen to know exactly how their investments are being used. Hence, it’s important universities prioritise the visibility of their finances. But this is easier said than done.
Looking thr ..read more
Accounting Insight News
1M ago
Today, Silverfin, specialists in cloud software for accountants, has launched its whitepaper ‘Tackling the capacity crunch in accountancy: a three-stage journey’ in a bid to help struggling firms manage the talent exodus from the accountancy sector.
Written in collaboration with senior leaders at accounting firms flinder, Moore, and BKL, the whitepaper explains why software is the key to attracting and retaining accountancy talent and solving the capacity crunch too many firms are facing today. With the ATT predicting a shortfall of 60,000 qualified accountants by 2050, firms need to act quic ..read more
Accounting Insight News
1M ago
AccountsIQ, the cloud-based accounting platform, today announced that it has secured a €60M Series C investment from Axiom Equity, a specialist B2B SaaS growth equity fund. The investment will be focussed on continuing to develop the AccountsIQ product to shape the finance function of the future, particularly to take advantage of advancement in AI throughout all aspects of the solution.
AccountsIQ provides a financial management system (FMS) Software-as-a-Service designed to transform the finance function, solving complex problems like multi-currency consolidation, multi-level approvals ..read more
Accounting Insight News
1M ago
Hundreds of thousands of year 11 pupils up and down the country are in the midst of their GCSE exams as they look to complete a major milestone in their education.
However, new research released today has revealed that perhaps it is accounting software providers within the education sector that should be sent to the Headmaster’s office to review their grades!
Award-winning UK cloud accounting software provider, iplicit, today issued the results of a study which found almost one in five finance leaders working in UK Academies (18%) graded their finance software as ‘inadequate’ or ‘requires imp ..read more
Accounting Insight News
1M ago
Chaser, the leading global accounts receivable SaaS provider, has launched Letters. The new feature allows small-medium businesses (SMEs) to automatically schedule payment reminder letters to their debtors in the post. Chaser has expanded its credit management
automation functionality to help businesses worldwide save time on manually posting payment reminder letters.
Today, 87% of businesses say they are typically paid late (Chaser) and must write off 7.5% of invoices issued as bad debt (Sage) despite their best efforts to get them paid. The result is a slowdown in SMEs’ ability to generate ..read more
Accounting Insight News
1M ago
While the accounting sector has long been shaped by technology, and in particular automation, the last couple of years have perhaps laid the foundations for the greatest change to date.
At the heart of this shift is AI and its growing integration with accounting software. But change is also being driven by evolving customer habits in a post-Covid and digitised landscape. We are now in a world where real-time data access, data sharing and instant communication (wherever you are) are not just desirable to customers, but absolute must-haves.
In this evolving landscape, accountants and finance te ..read more