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IRIS launches digital excellence awards

IRIS is launching its very own awards to celebrate individuals and accountancy practices thriving in the digital economy. The IRIS Customer Awards have been set up as the software group enters its 40th year. They acknowledge best practice across several areas as accountancy firms evolve beyond compliance services to capitalise on service opportunities in the […]

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How do you enforce crypto regulation?

As accountants call for regulatory guidance on crypto assets, a bigger concern is brewing beneath the surface: enforcement. Historically, with the exception of cash, global governments have enjoyed a tight grip on the the flow of money through the banking system. This has been achieved by the reporting regulations imposed on banks, brokerages and other […]

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GDPR guide for accountants in practice

A “pragmatic” look at GDPR focuses on the new data law in the context of accountancy practices and looks at how the regulation will impact. MyFirmsApp, providers of a custom app platform for accountants in practice, has published the handy summary . The 19-page guide examines key questions such as what personal data a practice typically holds […]

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GDPR and the right of access to data

GDPR says it is an individual’s right to obtain confirmation about whether data belonging to them is being processed and, if so, where it is being held. It is also their right to have a copy of that data and other “supplementary information” including: the purpose their data was being stored for; the recipients that […]

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Seven skills that are the hallmark of eager beavers!

I came across this two-part question the other day: “Is there someone on your team who seems unusually productive? Someone who gets a huge amount done — without working longer hours?” Productivity on a wide scale is a tricky concept. It’s got loads of economists scratching their heads. Take Britain’s low wage, low productivity economy as […]

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Five ways to improve your clients’ experience

Being a professional and building your practice is challenging. There are many things to take care of … and time can be at a premium. But, no matter how busy you are, you can’t forget the most important aspect of your business — your clients. Their needs must be understood and be met. And the […]

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Three tasty takeaways from Accountex 2018

Two days. Hundreds of seminars. Thousands of accountants. We’ve all had the bank holiday weekend to catch our breath from attending Accountex— the event of the year for accountant and finance professionals. This year we saw an array of new and improved technologies, products and services. We at Spotcap attended a wide range of talks […]

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Give your clients an expenses health check

Whether you still accept shoe boxes full of receipts or prefer newer methods, it’s time to give your clients an expenses health check to ensure you’re offering the best solution, and not just the solution that suits your practice. What happens when your client tells you that they want to use the latest and greatest […]

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MyFirmsApp launches OneApp at Accountex

MyFirmsApp, provider of intelligent Apps to professional firms in 11 countries, is introducing the new OneApp layered mobile platform at Accountex 2018. The OneApp platform will feature an AI/chatbot or virtual assistant that answers questions using calculator functionality and completes simple tasks. Working closely with the Amazon Lex platform, the AI functionality is set to […]

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Five challenges facing accountants

The accountancy profession has faced a number of challenges over the past few years, and 2018 is proving to be no exception. Below we outline some of the key issues and trends that accountancy firms have to contend with. 1. Talent Retention Accounting firms continue to try and attract the best within the business, and […]

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