30th October 2019

The Chief Financial Officer: A Number Cruncher or a Driver of Innovation and Change?

The role of the Chief Financial Officer has changed dramatically over the last few years: not only are they the responsible stewards of businesses, but more recently have become the drivers of innovation and change. In 2019, a third (32%) of CFOs are now leading the transformation strategy for their respective finance functions, meaning the modern CFO is also in the front seat when decision…

The Progression of Digitalisation Whilst many organisations and CFOs have made great strides in innovating and improving their finance function this year, they are yet to realise real potential that the future of financial software can offer. By harnessing digital technologies to enhance its data-processing capabilities, any finance function could become its organisation’s strategic centre for analytics and advice. At present the finance function is…

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14th October 2019

The Shrinking Distance Between IT and Finance

The role of IT within finance has revolutionised the sector. From the introduction of technology-based trading right through to digital transformation we’re all witnessing first-hand. Whilst digitalisation has made finance-based professions easier, with access to more efficient and organised accounting solutions, only a select few are really embracing the full power of IT. They’re not utilising that the two go hand-in-hand. In any modern workplace,…

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01st October 2019

The Modern Workplace and Workflow

The modern workplace has introduced us to the benefits of using digital transformation to better support employees and enhance productivity. With the use of cloud services, mobile communication, artificial intelligence and automation, a more efficient workplace is available to workers.    Despite the wealth of tools available, businesses that fail to adopt modern working methods could be at risk, especially as a recent report by…

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21st August 2019

Why Cloud Technologies Can Be the Driving Force Behind Your Business

The Cloud is now an essential aspect of the modern workplace. Businesses large and small, based in a range of sectors are embracing cloud technologies as a way of improving efficiencies, enabling a more dynamic work environment, and boosting revenues. So, what is cloud? The cloud is essentially used for storing data and running programmes on various computers via the internet, rather than on internal…

For example: Supporting new data protection legislation Reducing the risk of security breaches and proactively managing new threats Supporting automation and AI technology Better data management and disaster recovery protocols Access to new ways of modelling data to support other parts of your business Quickly merge new business groups and scale up storage capacity Whilst evolving your business can be a long, difficult process when…

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17th July 2019

Accelerate your digital agenda

HMRC has stated that it wants to become ‘one of the most digitally advanced tax administrations in the world’.  Stringent new regulation has made fundamental changes to the ways organisations buy, sell, invoice and account for their financial activities. From Making Tax Digital to e-invoicing, PEPPOL (Pan European Public Procurement online), and e-procurement – it’s all about going digital.  It’s a fact that new UK…

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11th July 2019

Contribute to our survey about the future of finance

Here at Integrated Business Software and Solutions, we are constantly looking for intelligence and insight to help shape our products and services. We would like to invite you to participate in a brief online survey (taking 5-10 minutes) - click here to start the survey. Its aim is to gauge the progress of digital transformation strategies in the finance function of private, public and charitable…

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20th June 2019

Creating transparency and control in your business

For today’s finance teams, one of the key drivers of digital transformation is the need to streamline highly complex, often disconnected business processes to empower new, more agile ways of working. Why? Primarily it’s about meeting the increasing demands of customers who want and expect faster, accurate and more responsive services. However, it’s also about increasing data accessibility and transparency whilst delivering assured compliance to increasingly…

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11th February 2019

E-invoicing: Are you ready for April 2019?

Back in 2015, the UK Government announced a number of initiatives due to be rolled out in April 2019, aligned to the new European Standard on e-invoicing.  With the announcement, Stephen McPartland MP, shared that, “Electronic invoicing could save the public sector and its suppliers a minimum of £2 billion per annum, by streamlining UK government administrative processes at a stroke. By enabling government to use…

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10th January 2019

Making Tax Digital with Integra

From April 2019, the latest HMRC initiative ‘Making Tax Digital’ will be mandated for businesses operating in the UK, with a further deadline of October 2019 to include public sector organisations including government departments, NHS Trusts, local authorities and public corporations.   'Making Tax Digital' is a fundamental shift to the way the tax system works – transforming the way tax is processed so that businesses…

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