It’s become more pressing for your business ‘to do more with less’, the pressures businesses have been under to preserve cash flow to survive the pandemic has driven the need to digitise certain processes. Technology allows businesses to be more agile and benefit from lower costs, the pandemic has highlighted the inefficiencies with manual processes. […]
Month: July 2020
Can closing the digital divide be key for small business recovery?
Small businesses have faced one of the biggest economic challenges in recent history, a report conducted jointly with Xero and the Entrepreneurs Network, highlighted the need to boost digital adoption amongst SMEs as they emerge from Covid-19. The key findings show that: · If the 1.1m micro-businesses (0-9 employees) doubled their uptake of key digital […]
Will business travel ever ‘return to normal’?
Businesses have stayed connected through video conferencing, but will it ever replace face-to-face meetings? As lockdown measures begin to lift businesses will no doubt be reviewing what worked well and what changes they can make to improve their business going forward. Businesses may question whenever the trip is necessary, or can the meeting be conducted […]
Is it time to digitise your expenses management?
Corporate travel is pretty much non-existent now, and of course, all business events have been cancelled or rearranged for later on in the year. As a result, there is likely to be a high demand in the second half of 2020 as postponed events and seminars take place. Now is the time to digitise some […]
Have you saved money or paid off debt during the lockdown?
It seems many UK households have taken the opportunity to pay down debt rather than save money during the lockdown. As we could not spend money on entertainment, restaurants and going out it seems households have been able to use surplus cash to reduce credit card balances and loans. “Outstanding balances on loans fell by […]
Has the pandemic accelerated the need for tech?
As the world seemed to be put on pause during the coronavirus lockdown many businesses were forced to look at the way they operated and for many, this was an eye-opening experience. Many businesses now realise the importance of embracing technology, in many cases the crisis forced companies to become more agile. Will accountants need […]