Businesses that provide professional services are terrified about the consequences of confidential information falling into the hands of the wrong people. Particularly when it is client data and especially when it is personal data. The subsequent reputational damage could mean losing a client at best — or worse, losing the entire business. This is why [...]
We all know that business is a numbers game. Without knowing precise figures, you’ve got no chance of maintaining focus and complete visibility over what is going on in your company. If you’re a finance director or an accountant, you’ll be used to crunching numbers every day for your firm. But how well do you [...]
Buying computers has always been the traditional way of securing tech for your business. But sometimes traditions are made to be broken, right? High upfront costs, crippling cash flows, lagging equipment and a disgruntled, unproductive workforce mean this way of purchasing PCs is now severely outdated. Especially when you consider how we buy so many other things… [...]
On the 31st of October 2019, the UK will finally bid adieu to the EU. Or that’s the plan, at least. Since the result of the 2016 EU referendum, businesses across the country have been following the twists and turns of the Brexit negotiations, waiting nervously for the outcome. Whilst all of this has been [...]
By now, we are all well aware that data breaches pose a serious risk to accountancy practices (so much so that a breach could put your firm out of business). We have also explored some practical actions you can take to reduce the risks — some of which you may already be doing. But what if you don't [...]
If you are an accountant providing bookkeeping services, dealing with your client’s travelling expenses can be a frustrating task. Especially trawling through their (probably incomplete) mileage records? And worse: don’t you resent the time it takes to try and translate these records into coherent figures so that tax deductions and reimbursements can be claimed? [...]
Compared to most other industries, accounting hasn’t seen much in the way of innovation over the years. But this could all change soon with the adoption of automated technologies. Previously confined to the likes of the manufacturing sector, I’m now seeing automation start to benefit many other industries by aiding repetitive and rules-based functions – [...]
Can you imagine a world where identity security solutions are so personalised, they are impossible to mimic or hack? There are currently three common ways to prove a person’s identity. Firstly, by means of something they possess such as a key and secondly, by means of something they know; for example, a password. More recently, [...]
If you’re an accountant, your main job is to help clients get their finances straight. But there’s a lot more to it than that. Accountants deal with extremely sensitive personal data, as well as confidential statements, tax records and other financial information on a daily basis. All of which are a goldmine for cyber [...]
April: one of the busiest times of year for accountants. 5th April 2019 marked the official end of the tax year in the UK, but many people and companies will still be scrambling to complete their tax returns. So, accountants have their work cut out. For smaller accounting firms or businesses with an in-house accountancy [...]
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