Accounting software systems

Accounts systems today provide true interaction between many departments, using single entries to update multiple accounts records or modules, providing their users with the ability to drill down from an account to see the detailed invoicing information and even pre-sales information from CRM applications. Multi-company, multi-currency systems are now common place. The variety and complexity of accounting systems can be daunting for purchasers, requiring a detailed understanding of your requirements and a thorough evaluation of potential suppliers.

Specialist accounting software systems are available for particular industry sectors, like construction, where there are accounting requirements peculiar to that industry. Project accounting solutions are commonly used within organisations where clients are billed according to the time and resources allocated to each particular project.

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Accounting Software Blog

The Encon Group switch to efficient e-invoicing system

Encon, leading distributor of insulation, interior systems, fire protection and roofing materials, has decided to use Open ECX’s eHub to receive invoices electronically and directly into their finance system. This shift up a gear in terms of invoice processing is...

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Want to get paid on time? Here’s what you need to do…

Are your customers paying late? Is poor cash flow keeping you awake at night? Do you struggle to pay suppliers or staff on time as a result of delayed payments? According to the Federation of Small Businesses (FSB), more than four in five companies are paid late. This...

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On the horizon: Making tax digital

Tax expert Liz Bridge delivered another great talk at RedSky’s recent CONNECT User Conference about forthcoming tax changes that will affect the Construction industry. Here’s a summary of what Liz said about Making Tax Digital… There’s an important potential tax...

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