Awards recognize 50 exceptional women who are changemakers in the accounting industry Fifty inspiring women from across the globe have been recognized in Ignition’s 2023 Women in Accounting awards. Now in its sixth year, the awards celebrate women who are at the forefront of driving change, innovation and creating a more diverse and inclusive industry. Nearly 940 women from 14 countries were nominated by their peers, colleagues or leaders for this year’s awards. The top 50 were shortlisted by an esteemed global judging panel, with winners from Australia, Canada, Cayman Island, France, New Zea ..read more

Cloud accounting business iplicit and global Software as a Service business Lightyear have joined forces to provide an accounts payable solution that can drastically cut the time and costs involved in the manual accounts payable process. The partnership will see cloud accounting provider iplicit integrate its product with Lightyear’s accounts payable automation system. The announcement was made ahead of the accountancy and finance conference Accountex London. Lightyear estimates the arrangements will help organisations cut the time and costs devoted to manual accounts payable processes by 80 ..read more

New research from payroll, employment and HR platform Employment Hero shows the average UK pay run takes an entire day – far longer than in Australia and New Zealand, where it takes on average less than two hours. The survey asked 313 professionals at UK accountancy, payroll and professional services firms how long the average pay run took. Data note: Percentages may not total 100 due to rounding. The median time was one day, with 59% of respondents saying it took one day or longer. Just 8% said it took less than two hours – a massive shift from Australia and New Zealand, where 71% of pay ru ..read more

Over 10,000 attendees visited Accountex London at ExCeL on the 10-11 May 2023. Celebrated as Europe’s largest accountancy and finance event, the show had countless new additions, areas and theatres for visitors to explore.  Portfolio Director, Caroline Hobden was overjoyed with the reaction “The show exceeded our expectations, with it being the biggest and best show in the history of Accountex! With more new features than ever, we really wanted Accountex London to be somewhere for visitors to not only network, learn and be inspired, but where they can have fun with their colleagues ..read more

Hello to the holiday season. Easter and the Coronation are behind us but a further bank holiday looms in coming weeks, alongside the hottest months of the year, when a lot of employees chose to take their annual leave. Everyone, including payroll and accountancy professionals, love to take a break. But unfortunately holiday pay is often one of the most time-consuming and headache-inducing parts of running a business’ books. Here’s a guide to avoiding the biggest headaches in this vexed area. Design a policy that suits an individual business Almost every worker in the UK is guaranteed 5.6 week ..read more

A survey from Dext, the cloud pre-accounting platform, has revealed that the majority (43%) of accountants are ‘Digital Champions’. Defined as being confident with technology and knowing how to use accounting software and automation tools effectively, Digital Champions embrace digital tools as a way to improve efficiency and save time at their firm. Conducted at Accountex London and online, and with over 200 respondents so far, the survey looked into a variety of ways automation is transforming the role of accountants, and how they implement technology into their roles, to empower accountants ..read more

Cloud accounting business iplicit has signed accounting industry heavyweight, Damon Anderson, to help shape the growth of its partnership channels, as he did previously with Xero. Anderson has become a strategic advisor to the rapidly expanding cloud accounting software provider, with a consulting role, which includes the creation of an advisory board to help steer iplicit’s partnership programme for accountancy practices. Anderson made his debut for iplicit by joining its stand at Accountex, which saw iplicit unveil new tools to handle fixed asset management in accounting software. Spending ..read more

Accounting software specialist, Bright, has launched its new cloud tax and compliance product at Accountex 2023. In response to the increasing surge in businesses migrating to the cloud, its new software will match the engine and support that drives award-winning BTCSoftware for desktop with a streamlined and efficient interface to create a new tax and accounts product for UK accountants. The launch of BrightTax offers a new answer to the desire from the accounting industry to adopt cloud-based software which combines secure and essential tools with an enjoyable user experience. Accountants w ..read more

IRIS Software Group (IRIS), the UK’s number one software provider to accountancy firms, is today launching the next phase of cloud accountancy platform IRIS Elements, its largest release of new capabilities to date.    The Spring 2023 release of IRIS Elements, which for the first time includes Essential and Professional level solutions, resolves some of the most pressing problems for every size of accountancy firm – the need to eradicate multiple logins and passwords, different user interfaces and contact lists. Elements safely stores them all in one place, using intuitive workflows ..read more

ACCA’s UK Talent Trends in Finance 2023 uncovers the key issues facing the sector, including concerns over inflation, burnout and technology A significant research report, UK Talent Trends in Finance 2023, published today lifts the lid on the world of work and how it impacts employees and employers. One of the most startling findings is how finance professionals have embraced flexible working methods post-pandemic – and the beneficial impact on the workforce. UK financial professionals are leading the globe in making hybrid working work. The research – – based on a global survey of over 8,000 ..read more