Why Accountex 2018 is a financial feast

The 2018 MasterChef champion has just been crowned … and this got us thinking. In some ways, a great exhibition and conference is like a great meal. You need the right ingredients, equipment and technique to produce the perfect balance of flavours. You also need the right chef(s). And that’s exactly what we’ve seen every […]

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Is it time for a change?

Over the past year or so, you’ve likely dealt with a lot of change. And, with our sights set on the future, more is on its way. First, cloud accounting software companies started targeting customers and your compliance revenues were threatened. So, you got the new software and put the processes in place. (Tick). Then…. […]

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Can technology win clients?

Attracting and winning clients is a key part of a firm’s growth strategy – and, according research, it’s a number one priority for firms in 2018: 41 per cent of accountants say acquiring new clients is their top priority this year. A further 23 per cent see increasing their use of technology as a key goal. […]

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How GDPR affects payroll processors

The EU’s General Data Protection Regulations (GDPR), which will be implemented in the UK in May 2018, updates the provisions of the Data Protection Act 1998 (DPA). The changes place greater obligations on organisations, with potential fines for breaches as high as €20 million or 4 per cent of global turnover. Organisations need to act […]

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Budget solution provides real-time visibility and spend control

Oxford Economics says strong profitability and revenue growth are tied to effective cost control. However, managing spend is increasingly complicated. In the past 15 years, travel spend alone has doubled to more than $1.2 trillion. Employee-initiated spend is today the second-largest expense in many organisations. These are spending categories, ranging from entertainment, consulting, mobile roaming […]

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Technology and the shifting European VAT landscape

HMRC’s vision to digitalise the UK tax system is well under way. Making Tax Digital (MTD) was announced by the government in 2015 as an initiative to improve the UK tax system, and reduce its complexity. Following a delay it is now scheduled to be introduced in April 2019 for mandatory VAT reporting by all […]

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Is it time to tap into Generation Z?

Accountancy is an industry that has faced a lot of changes over the past few years, both in terms of how roles have changed and also what customers now expect. In order to continue competing in this market, it’s important to keep ahead of any changes in customer behaviour. One way accountants have had to […]

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‘Free up time with automated working practices’

A common theme we see at FibreCRM (when speaking to partners of practices of all sizes) is that they want to “spend less time chasing clients”. I am sure this resonates with pretty much every reader of this blog! Whether it`s chasing for information to complete a tax return or reminders to pay taxes – this […]

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Will 2018 be a new dawn for data encryption?

The impending GDPR deadline, and most particularly it’s regime of fines for data breaches, has placed security at the top of the agenda at many organisations. There is now a compelling reason for the use of data encryption after it has laid dormant for decades. It is a shame that encryption is still so misunderstood […]

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