iwoca hails accountants as the key to helping small businesses through crisis
- 4 years 9 months ago
- Accounting
The accountancy profession can play a key role in helping businesses access the finance they need to secure their future beyond the pandemic, according to leading small business lender iwoca. Small businesses need help from their accountants in applying for finance. iwoca is therefore aiming to make it easier for accountants to give their clients this much needed support by investing further in this critical channel.
Wolters Kluwer Finance, Risk & Regulatory Reporting shares potential COVID-19 hedge accounting implications in new whitepaper
- 4 years 9 months ago
- Covid-19, Accounting
Financial institutions would be well advised to adopt a flexible approach to their hedge accounting portfolio, especially in light of the COVID-19 pandemic.
Boost to Smaller British Construction Firms as Updates to Sage Accounting Means Teams can Collaborate Wherever They Are, Saving Time, Staying Compliant
- 4 years 10 months ago
- Cloud, Data, Accounting, BPM, CRM
Sage, the market leader in cloud business management solutions, today announced new updates to its Small Business Accounting Solution. Designed to support small businesses in the construction industry, the updates enable customers to manage their day-to-day accounting in the cloud, as well as comply with sector specific UK Government requirements for the Construction Industry Scheme (CIS).
Creative freelancers and small businesses given a helping hand by accountants Mazuma
- 4 years 11 months ago
- Insurance, Accounting
Creative businesses are the fastest growing sector in the UK economy, now accounting for one in eight of all businesses, the Creative Industries Federation says. More than two million people are normally employed in the creative sector, with a third of the workforce being self-employed. Understanding the different needs of businesses founded on the creative talent of individuals is so important. That’s why the UK’s leading online accountancy... more
Xero accelerates launch of new features, including a partnership with TransferWise
- 4 years 11 months ago
- Accounting
Xero, the global small business platform, today announced availability of improved financial reporting tools for small businesses and their advisors to help them manage revenue, profit and cash flow. With the COVID-19 pandemic impacting small businesses around the world, Xero has accelerated the rollout of the expanded reporting pilots and introduced new features so businesses and their advisors can quickly see crucial financial metrics and... more
Countingup raises £4m to accelerate banking and accounting for small businesses
- 5 years 6 days ago
- Banking, Accounting
Countingup, the business current account that automates your accounting, has received the backing of leading fintech investors. The London-based startup has raised £4m in a bridge round of financing led by ING Ventures with co-investment from Triple Point, CVentures and BiG Start Ventures. All are backing the company’s vision to be the one financial hub for 1m small businesses. In the two years since Countingup launched, it now boasts more than... more
Sage Upgrades Its Small Business Cloud Accounting Solution
- 5 years 6 days ago
- Cloud, Accounting, BPM, CRM
Sage, the market leader in cloud business management solutions today announced new updates to its small business cloud accounting solution. Doubling down on supporting small business, the reimagined Sage Business Cloud Accounting solution will help small businesses gain greater visibility to assess the health of their business across accounting, payroll and HR.
Temenos Awarded the Highest Status in Aite’s Matrix Evaluation of Investment and Fund Accounting Systems
- 5 years 6 days ago
- Banking, Accounting
Temenos (SIX: TEMN), the banking software company, today announced that the Temenos Multifonds Global Accounting product has been awarded ‘best in class’ status in Aite Group’s Matrix Evaluation of Investment and Fund Accounting Systems.
Investors Look To CEOs to Ensure Transparent Financial Reporting Amid Global Uncertainty, According to Research from BlackLine
- 5 years 1 week ago
- Accounting
A global survey of institutional investors commissioned by accounting automation software leader BlackLine, Inc. (Nasdaq: BL) reveals that 79% of global investors believe that CEOs should be held accountable for a company's financial reporting errors. Surprisingly, only 38% of investors feel that CFOs should be held to account.
Mazuma Joins Forces With Platform Where Event Freelancers Find Their Perfect Work Matc
- 5 years 1 week ago
- Accounting
The UK’s leading online accountancy firm for small and micro businesses is partnering with a ground-breaking global platform matching up freelancers and event production agencies across the world. Bridgend-based Mazuma is joining forces with Connektd, which now has members in the UK, the US, Hong Kong, Singapore, Australia, China, and Dubai.
Bokio announces €7.4M investment and joins forces with competitor, Red Flag, to create the leading accountancy and business administration platform for European SMEs and self-employed
- 5 years 3 weeks ago
- Artificial Intelligence, Accounting
Bokio (www.bokio.co.uk), the Gothenburg-born fintech behind an AI-driven accounting software for SMEs and self-employed, today announces that it has merged with Stockholm-based competitor, Red Flag (www.redflag.se).
Tide and Hokodo introduce Invoice Protection to support SMEs during Coronavirus crisis
- 5 years 3 weeks ago
- Covid-19, Insurtech, Banking, Accounting
Tide, the UK’s leading business banking platform[1], has launched a new Invoice Protection product in partnership with insurance solutions provider, Hokodo, to help micro, small and medium-sized businesses protect their cash flow against the late and non-payment of invoices.
250 accounting firms voice urgent need for more Government help to SMEs affected by coronavirus
- 5 years 4 weeks ago
- Accounting
Countingup and nearly 250 accountancy firms have written to the Government to appeal for gaps in coronavirus support for small businesses to be bridged. Representing over 70,000 small businesses, the letter voices the concerns and questions posed by small businesses, which accountants are hearing day in day out.
Countingup announces journals to advance the true single accounting ledger
- 5 years 1 month ago
- Accounting
Countingup, the UK’s leading banking and accounting app for SMEs, is the first business current account in the world that has both journals and financial reports built-in. A journal is a tool that allows accountants to make manual adjustments to the ledger. Thus, enabling accountants to capture the transactions that impact a business’ accounts which are not already captured by bills, invoices or banking transactions. Examples include... more
ManoMano halves its invoice processing times with Yooz AI software
- 5 years 1 month ago
- Artificial Intelligence, Data, Accounting, BPM
ManoMano, the company digitalizing the European DIY market, chooses Yooz, the company digitalizing the European market for purchasing and accounting processes, to automate its invoices to suppliers. ManoMano: the European leader in online DIY, home improvement and gardening