UK accounting continues 'slight' shift towards digital
- 6 years 7 months ago
- Accounting
Accounting departments in UK businesses have continued to shift towards digital practices, but more than four in 10 (41%) continue to rely on paper-based processes, according to new independent research. The 'Changing trends in the purchasing processes of UK businesses' report, commissioned by automated accounts payable and electronic document management software provider, Invu, revealed a slight reduction in the number of businesses relying on... more
FreeAgent agrees partnership with Rodliffe Accounting
- 6 years 7 months ago
- Accounting
FreeAgent, the award-winning online accounting software provider, has agreed a new partnership with one of London’s earliest cloud-adopting accountancy firms to help prepare clients for Making Tax Digital (MTD). Under the deal, Rodliffe Accounting is migrating its contractor clients onto the FreeAgent platform in order to ensure they are best-prepared for the first stage of Making Tax Digital (MTD) - the government’s plan to fully digitise tax... more
IRIS is launching IRIS AI
- 6 years 8 months ago
- Artificial Intelligence, Accounting
IRIS Accountancy Solutions, the UK’s leading accountancy software provider is today launching IRIS AI, a family of AI based products and services for every size of accountancy practice. The first product in this offering is the Ai Auditor™ developed by MindBridge® Analytics Inc. The powerful artificial intelligence tool enables accountants to address skills shortages and deliver new risk and fraud assurance services.
FreeAgent first UK company to secure Open Banking registration from FCA
- 6 years 8 months ago
- Cloud, Accounting
FreeAgent, the award-winning, and innovative cloud accounting software provider, has received new credentials from the UK’s Financial Conduct Authority (FCA) enabling it to provide Open Banking services to freelancers, contractors, micro-business owners and their accountants.
UK’s leading accountancy software provider launches awards
- 6 years 10 months ago
- Accounting
IRIS Accountancy Solutions is today launching the IRIS Customer Awards to recognise individuals and accountancy practices thriving in the digital economy. The awards have been launched as the UK’s leading accountancy software provider enters its 40th year. They celebrate best practice across several areas as accountancy firms evolve beyond compliance services to capitalise on new service opportunities in the digital economy.
Accountants to play a lead role in educating small businesses on Making Tax Digital (MTD)
- 6 years 10 months ago
- Accounting
New research released today by Intuit QuickBooks, the world’s leading online accounting software provider, has found that learning about Making Tax Digital (MTD) is the biggest concern for VAT-registered small business owners as they transition to digital accounting. Over three quarters (76%) cited understanding the legislation as a challenge, followed closely by finding new tools to help them comply (70%), finding time (66%), managing... more
International Financial Reporting Standards have become easier for accountants regarding to Caseware UK's new Automated Software
- 6 years 11 months ago
- Accounting
CaseWare UK Ltd, an accounting software provider to corporates and practitioners, is announcing the launch of its fully automated International Financial Reporting Standards (IFRS) solution at Accountex London 2018. The IFRS Beta solution is part of CaseWare’s AccountsAdvanced, and is being released on 23 May 2018 to current CaseWare licence holders, with the full solution scheduled to be made available later in 2018.
Half of UK accountants are ready to work with a "comfortable" robot colleague
- 6 years 11 months ago
- Accounting
A new research report released today reveals that 50% of UK accountants say they would be “comfortable” working alongside a “robot colleague” in their job. However, 32% say they don’t know how they would feel working with a robot colleague, with 18% stating they would be “uncomfortable”.
75% of UK Accountants Aware of Making Tax Digital, but One Third Unclear About its Impact
- 6 years 11 months ago
- Accounting
New research released today by Intuit QuickBooks, the world’s leading online accounting software provider, has found that while the majority (75%) of UK accountants have heard of the upcoming Making Tax Digital (MTD) legislation, nearly a third (30%) of this group are unclear about what it means for their practice, revealing a disconnect between awareness of the legislation and an understanding of its implications.
Intuit QuickBooks Announced Results of its Research About Accountants' Perspective on Making Tax Digital
- 6 years 11 months ago
- Financial, Accounting
New research released today by Intuit QuickBooks, the world’s leading online accounting software provider, has found that while the majority (75%) of UK accountants have heard of the upcoming Making Tax Digital (MTD) legislation, nearly a third (30%) of this group are unclear about what it means for their practice, revealing a disconnect between awareness of the legislation and an understanding of its implications.
IFAC Perspective on Way Forward After Considering Objective Analysis of Monitoring Group Consultation Responses
- 7 years 6 days ago
- Accounting
IFAC (International Federation of Accountants) commissioned Gibson Dunn, a leading global law firm, to perform an independent qualitative and quantitative analysis of the public responses to the Consultation Paper published by the Monitoring Group: Strengthenin
Nymbus Introduces Full-Service Digital Brand Alternative For Financial Institutions
- 7 years 1 week ago
- Payments, Banking, Accounting
NYMBUS®, the world’s most advanced revenue and technology solutions company, today introduced SmartLaunch. The company’s latest solution enables financial institutions to stand up a turnkey digital brand under their existing charter in as few as 90 days. Built on NYMBUS’ modern SmartCore® platform, this new model eliminates the need to undergo a conversion or hire additional staff.
Intuit’s Open Platform Strategy Transforms How QuickBooks Online Accountant Users Serve Their Clients
- 7 years 1 month ago
- Accounting
Delivering on its open platform approach to provide seamless integrations across an ecosystem of accounting-focused solutions, Intuit today announced that QuickBooks Online Accountant (QBOA) now allows accounting professionals to manage all of their clients – even those that don’t use QuickBooks – within the product. This innovation is now available globally for QBOA users in the United States, Canada, United Kingdom, Australia, South Africa and... more
Standardized Accounting and Payment Processing for E-commerce at Arvato Financial Solutions
- 7 years 2 months ago
- Payments, Accounting
With its standardized accounting and payment processing solution Aqount, Arvato Financial Solutions now allows retailers to take complete control of all their financial processes. Aqount is the ideal solution for companies wishing to outsource complex and time-consuming financial processes from receivables management and payment processing to debt collection.
Avaya Successfully Completes Financial Restructuring and Emerges from Chapter 11
- 7 years 4 months ago
- Accounting
Avaya Holdings Corp. announced that it has successfully completed its debt restructuring and emerged from chapter 11.
