The importance of on-demand access to core financial data has been highlighted by COVID-19. For most of the business leaders, cash flow quickly climbed to the top of the list of priorities as they suddenly needed to develop an accurate forecast for the immediate future by knowing how much cash they had on hand. To emerge from the situation stronger and to modernize the

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January 22, 2021

Accounting business is the one who often rely upon outdated processes and paper from decades because of which this industry is not known for being technologically savvy. However, due to the pandemic situation, the industry has shifted their gears and many accounting businesses are planning to shift online in a remote work setting.

The challenges which come on thei...

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January 15, 2021

If anything, the COVID-19 pandemic has brought to light the importance of contact. People now want to reduce their contact with objects and thus, going paperless is just a part of it. Along the same lines, it is also important to note that a completely paperless office might not be practically possible. Some printouts are a necessity. However, reduction in paper consumption...

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January 13, 2021

If there has ever been a year for dynamism and constant change then it will be 2020 that will be remembered. As we draw close to the end of the year, you’ll find that despite everything that the government and health officials have tried to do – the air of uncertainty still hangs thick. And it is this uncertainty that is making business owners feel even more com...

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January 11, 2021

Any taxpayer may overpay to Her Majesty’s Revenue and Customs (HMRC), and this applies equally to an employee, self-employed, or someone who owns a company. HMRC makes sure that everyone pays their taxes, but at the same time, it also doesn’t want anyone to overpay.

For refund of tax overpayments, there are procedures in place. However, the process is ...

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January 09, 2021