Magazine - Tyrrell & Company
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
The independent magazine for Xero users, by Xero users ISSUE
14
magazine
COVER STORY
AdvanceTrack:
ISSN 2054-7226
Strength in Numbers
14
9 772054 722009
Brought to you by
Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 1
Brought to you by Tyrrell & Company Quarterly Viewpoint Practice News / Xero App Profile Brought to you by Tyrrell & Company
A new age of finance The Parliamentary Review –
Helping to share best practice and progress
and banking By Richard Suswain,
Partner and Xero specialist
A t Tyrrell & Company, were accountancy sector, we were able to added that ‘Tyrrell & Company, and
always keen to do our bit bring the firm’s insight to the table other hardworking organisations
Traditionally, there’s been a real reliance on the major banks when in advancing the capabilities of and suggest new ways in which from across the country, have
it comes to business banking – and that’s meant limited choice for
finance, taxation and accounting. tax evasion and avoidance could come together to make the Review
So we were very honoured be reduced, not only by a greater possible. Sharing knowledge
businesses. But there’s a new technological dawn on the horizon for to recently take part in The focus on tax investigations, but also and insight with both peers and
Parliamentary Review, alongside using the enhanced capabilities government is essential work and I
finance and banking... the Prime Minister and a small of financial technology, cloud am delighted that this year’s Review
number of other organisations, in accounting and open banking to will reach every corner of the British
H ere’s what this means for
you and your business:
Open banking and the impact for
business finance
data together offers an incredibly
insightful way to manage your cash
a document that looks back on the
year in the accountancy sector and
make tax more transparent. economy.
and financials. Westminster. Listening to the views of business We were delighted to take part
A different kind of bank for your Open banking aims to make it and the public sector in the Review and hope that our
business easier for you to connect your Having up-to-date accounts and What is The Parliamentary Review? suggestions around accounting
personal or business banking data financials is great for any business, The Prime Minister, Theresa May, and tax reform will make a positive
Advances in cloud technology mean with third-party software. That and having that real-time data is The Parliamentary Review was commented that ‘this year’s difference.
that new banking providers are now means access to a far wider range going to be essential when Making established in 2010, and aims to Parliamentary Review follows a
emerging. Banking from providers of financial providers, software Tax Digital finally arrives in April share knowledge, raise standards significant year in British politics’
such as Monzo, Starling Bank and solutions and fintech apps – and 2019. On top of this, if you do need and showcase best practice as a and Sir Eric Pickles, Chairman of
Tide are changing the market, that’s actually going to make to get quick finance decisions then learning tool for the public and the Review, said ‘it has never been
offering simple, easy-to-access managing your money far easier. that becomes a whole lot easier private sectors. It’s sent to over half more important for government
online banking that’s challenging when your numbers are up to date a million leading policymakers and to hear the views of business and
the position of the established We will see lots of innovation in and rock solid. industry stakeholders and acts as the public sector in a constructive
banks. this space, giving consumers more both a blueprint for success and a forum. It is also a vital time to share
choice. The ability to integrate your It’s going to become far more template for reform. best practice and progress’.
Having access to finance is also banking information with a huge competitive in the banking sector The Parliamentary Review’s
vital for any growing business, so range of third-party providers will once the smaller providers start With our experience of the executive director, Daniel Yossman,
it’s good news that the changes in greatly enhance the financial and embracing open banking. So now’s
financial world are also offering new banking services you can access. the time to embrace this new age of
ways to obtain finance and access As a Xero user, you already have banking.
the funding you need. Solutions
such as Iwoca and MarketInvoice
mean your business can quickly and
a live bank feed that connects to
seven of the main eight high street
banks, but open banking is going to
Xero App Profile
easily access the finance it needs – open this up significantly to other Receipt Bank: automating your Every business has purchase foundational three apps in our
without the need for a bank loan. integrations. data input, and saving you time invoices to process and input into Xero Trifecta approach to financial
the accounts – and having the time management – alongside Spotlight
The process of accessing finance So, for example, you could integrate Xero is more than just accounting and organisation to deal with this Reporting and Chaser.
couldn’t be easier: a price comparison app with your software – it’s a software platform paperwork can be a challenge. What
business internet banking and allow with access to over 600 certified Receipt Bank does is automate the What Receipt Bank allows you to do
• Simple online application – fill the app to analyse your spending Xero apps and business solutions. process of turning paper invoices is automatically get your purchases
out your business details and patterns which, in turn, could Having that ability to integrate the and receipts into digital data in logged and matched in Xero. That
finance needs online in a simple recommend better credit cards or tools you need is a gamechanger, Xero. gets the bookkeeping done quickly,
form that can be completed in overdrafts. Further still, it could and for many of our clients Receipt makes your numbers totally up to
minutes. manage the switch for you. Another Bank is the first Xero app they Using optical character recognition date and delivers real-time data in
• Connect to your Xero account – example could be allowing an app use to break into that wider Xero (OCR) technology, Receipt Bank your Xero Dashboard and Spotlight
integrate your funding solution to access your bank account, with ecosystem and app marketplace. scans your paperwork, digitises management reporting.
with Xero and provide the the app’s algorithms automatically it and pulls the resulting financial
financial data needed to make working out the best time to pay Automatically dealing with your data into your books in Xero. For us, it’s a no-brainer to have
an informed decision on your invoices and making the necessary purchase invoices In essence, it becomes your Receipt Bank as the foundation for
financial health. payments for you. bookkeeper and automates the your Xero app stack.
• Quick decisions – get a response Receipt Bank is the first building whole process of data-entry.
fast (a huge boost if you’re in a Integrating Xero into the heart of block in creating your own custom Get in touch if you’d like a demo of
cashflow hole) and get access to your financial management ‘app stack’ alongside Xero. And it’s A key element of our Xero Trifecta Receipt Bank in action.
the funds, finance or credit line invaluable in bringing you the real-
that the business needs, hassle- Integrating your Xero accounts, time numbers the business needs. Receipt Bank is also one of the
free. fintech apps and open banking
i / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / ii
The powerful financial project
management software that
over 10,000 businesses love.
Here’s 5 reasons why:
1 Powerful financial analysis
with a suite of customised reports
2 Track time, costs and profitability
“I used an Excel spreadsheet
from quote through to job and invoice to run my business. It was
ridiculous and ineffective.
I truly don’t know how our
3 Staff allocation feature
gives visibility on workflow, team
productivity and capacity
business survived before
WorkflowMax and Xero”
Marybeth Hall, Brown Pelican WiFi, US
4 Everything in one system
Manage business on-the-go, from anywhere Follow Marybeth’s story and find
out how WorkflowMax can help
your business get profitable
5
Xero owned and integrated workflowmax.com/case-studies
with robust customer support standards,
and ongoing product development
Get started for FREE workflowmax.com/start Get 25% OFF your first 3 months
Use promocode: 25%OFFXU
2 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 3
Welcome to issue 14... 36 94
CASE STUDY What AdvanceTrack Outsourcing INTERVIEW Q & A with
makes a successful cloud demonstrates the quality and Andrew Sims, SuiteFiles
consultant? security of its services
Brought to you by 38 Looking ahead, preparing
for tomorrow 64 Q & A - From paper to
cloud
42 Meet Makoto, creator of
CaFE, a cash flow solution 66 The importance of
a conversion firm
magazine 6 EVENT Accountex Summit
North 2018 20 EVENT Accountex visitor
registrations flood in
for SMEs understanding their client base
The independent magazine
for Xero users, by Xero users
8 COVER STORY AdvanceTrack:
22 Single Touch Payroll is 44 Automating your practice
with smart software 68 Why Xero accountants
choose Direct Debit: 4
Issue 14
Strength in Numbers coming! reasons to use GoCardless for cash
94
CEO: 48 Discover Loc8 Lite: The
app that offers a new
collection
approach to field service
70 The importance of building
David Hassall (Co-Founder)
98
Managing Editor:
app stacks NEW XERO CONNECTED
Wesley Cornell (Co-Founder)
Director of Strategic Partnerships:
Alex Newson
Admin Assistant:
52 Inventory management
in the cloud - How
accountants can cash in 74 TUTORIAL How to go
clutter free: insight into
APPS New to the Xero
App Marketplace
100
Elle Kilcullen
technology, process and people Virtual advice is the
Editorial Assistant:
Blaze Hassall
54 EVENT What’s new at the
Accounting Business Expo
change future for accountants
and bookkeepers
76
Editorial/News Submissions: 5 reasons why you should
56 102
If you have any editorial content (news,
comment, tutorials etc.) that you would
Q&A build up your app-etite for NEW RELEASES
like us to consider for inclusion in the next Merge to retire software Updates and new
edition of XU Magazine, please email us releases from the Xero App
58 78
at editorial@xumagazine.com The importance of having EVENT Q & A Accountex: Marketplace
Advertising:
headspace to grow your worth the time?
advertising@xumagazine.com
T: +44 (0)116 298 60 80
practice
82 Meet serviceshare: A
support network for
104 2018: The year of
missed opportunity?
Don’t fall into the trap
E: hello@xumagazine.com
W: www.xumagazine.com accountants
‘Xero’ is a trademark of Xero Limited (New
Zealand). XU Magazine is collaboratively
produced by an independent group of
COVER STORY 8
Xero users and is not affiliated in any way
with Xero. All other trademarks are the
property of their respective owners. 12 Two ways to profit using
Entryless 24 How to make and save
money documenting a
related party loan
© XU Magazine Ltd 2014-2018. All rights
reserved. No part of this magazine may
be used or reproduced without the
written permission of the publisher. XU
14 It’s Alive! The Modern
Practice is back
26 Extremely cloud and
incredibly close: the
82
16
Magazine is published by XU Magazine
Ltd (08811842), registered in England and
INTERVIEW Q & A with five most important international
58 84 106
Wales. Registered office: 12 Jordan Street, David Tuck, Chaser payroll trends for 2018 How to use information APP DIRECTORY
Liverpool, L1 0BP, United Kingdom. All that you have in Xero to (UPDATED FOR 2018)
28
information contained in this magazine
Bookkeeping: your new your advantage
is for information only and is, as far
as we are aware, correct at the time of
going to press. XU Magazine cannot
revenue driver
60 WorkflowMax:
88 Good succession 114 National Australia
Bank (NAB) to allow
30 Did you know your Knowledge is beautiful planning for family payments through Xero
accept any responsibility for errors or
inaccuracies in such information. If
website can connect with businesses is vital
you submit unsolicited material to us,
you automatically grant XU Magazine
a licence to publish your submission in
a range of Xero friendly add-ons?
62 BSI CERTIFICATION
CASE STUDY - How
92 Value added cloud: Who
32
whole or in part in all/any editions of CASE STUDY needs a cloud integrator?
the magazine, including in any physical
ApprovalMax and Xero
or digital format, throughout the world.
Any material you submit is sent at your implement paperless accounting
NOW OVER
7AP0PS0
and finance decision control
App/Service Directory
risk and, although every care is taken,
UPDATED FOR
neither XU Magazine nor its employees,
16 34 2018!
agents or subcontractors shall be liable
for loss or damage. The views expressed
APPS COMPARED -
in XU Magazine are not necessarily the Reporting
views of XU Magazine Ltd, its editors or its
Turn to page 106
contributors.
4 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 5
NEW NORTHERN ACCOUNTEX LAUNCH ACCOUNTEX SUMMIT NORTH Big name suppliers, top class products...
with only weeks to Running alongside the conference will be an innovative exhibition area where leading suppliers will showcase accountancy products
and services from cloud computing to financial software, recruitment and training to branding and PR. Exhibiting companies include:
go, anticipation 2020 Innovation Training Ltd | AA Mortgages Ltd | ACCA | Accountancy Age | AccountancyManager | AccountingWEB | Acorah Software
Products Ltd (Taxcalc) | Analyser Accounting Ltd | Association of International Accountants (AIA) | AutoEntry | Avalara Europe Ltd |
Bloomsbury Professional | BrightPay Payroll Software | Capium | CaseWare UK Ltd | Catax | CIS Ltd | Cloud Pricing | Coface | Compleat
is running high for Software | Debt Collection Services UK Ltd | DivDoc. | Docusoft Ltd | Easy R&D | Economia | Enterprise Tax Consultants | Feebooster
Accountancy Marketing Specialists | Finsol | First Corporate Law Services | Frama UK Limited | FreeAgent | Fujitsu Scanners | FUTRLI |
this new one day
GAAPweb | Global Infosys | GoCardless Ltd | Hubdoc | ICAEW | ICB | Ideagen | Intuit QuickBooks | IFA | IRIS Accountancy Solutions |
JustAccounts | Mattioli Woods Plc | MGI Worldwide | My Digital Accounts | MyFirmsApp | Nest Corporation | Nomisma Solutions Ltd |
Octopus Blue | Opt Pensions | Practice Ignition | Premiere Capital | Qubic Tax | Receipt Bank | Redundancy Claims UK Ltd | RollPay | Sage |
conference SimPRO Software Ltd | Spotcap | Spotlight Reporting | Taxfiler Ltd | The Chartered Institute of Payroll Professionals | The Learn Centre
Ltd | The Practice Engine Group | Tolley | Virtual Cabinet | Wolters Kluwer (UK) Ltd | Xero
and exhibition 8 Hours CPD ACCOUNTEX SUMMIT NORTH CONFERENCE PROGRAMME
Many of the top accountancy practices and finance professionals Accredition in TIME SPEAKER SESSION TITLE LOCATION
20 available
located across the Midlands and the north of England, have 08.15 –09.30 REGISTRATION
already confirmed their place at ACCOUNTEX SUMMIT NORTH, taking
Declan Curry, Speaker Challenges and Changes – what will make the KEYNOTE
place at Manchester Central on 6 March 2018. 09.30 –10.30
sessions... biggest impact
John Stokdyk, AccountingWEB – Main Auditorium
The NEW one-day Brought to you by the organiser’s of ACCOUNTEX in London, the
summit is already nearly sold out with only limited places still
available.
Held in four dedicated theatres –
10.30 –10.45
10.45 –11.15
Mark Wickersham,
MORNING COFFEE BREAK
Value Pricing: Why ‘Making Tax Digital’
Means You Must Change Your Pricing Model
How To Theatre
including the Tech Theatre, How To
conference & exhibition
Effective Pricing Ltd
Theatre, Practice Growth Theatre, and Paul Shrimpling,
The Business Growth Accountant – How to
Practice Growth
Stellar line-up confirmed Business and Future Theatre – and the 10.45 –11.15
Remarkable Practice
Transform Your Accountancy Practice into a Theatre
dedicated to the With a raft of big name speakers confirmed, there will be keynotes Profitable and Valuable Advisory Business
Keynote auditorium, the summit will
from Broadcaster and Writer Declan Curry, Sage’s Cameron John feature topical Keynotes and discussions
10.45 –11.15 Cameron John, Sage The Second Wave of Cloud Adoption Tech Theatre
discussing efficiencies in the cloud, David Kaye from Intuit – David Kaye, Business & Future
accounting profession on digital tax, tools for management 10.45 –11.15 Creating a Future-Ready Firm with QuickBooks Theatre
Intuit Ltd – Quickbooks
Quickbooks giving his take on how to create a future-ready firm, accountants, the transformation of the
Xero’s Damon Anderson outlining how to transform practices to 11.15 –11.45 BREAK
financial role, business challenges and
embrace the digital revolution, IRIS’s Steve Cox sharing his insights new technology. 11.45 –12.15 Andrew Hubbard, Tolley Making Tax Digital – does it still matter? How To Theatre
CONFERENCE | NETWORKING | EXHIBITION into the latest research on the accountancy climatic flip, plus, Damon Anderson, Digital or Die: Transforming Your Practice for the Practice Growth
11.45 –12.15
ACCA’s Glenn Collins will head up an expert panel of practitioners Xero Digital Revolution Theatre
debating the changing face of the accountancy practice and the Daniel Richards, Bringing the Best of the Add-ons Together
100+ leading suppliers
11.45 –12.15 Tech Theatre
growing importance of technology and strategies to deliver MyFirmsApp to Strengthen Your Client Relationship
maximum business success. 11.45 –12.15 Matt Sinclair, SAP Business One Making SMEs Digital – Transform Your Business
Business & Future
Theatre
showcasing the latest Keynote presentations from: 12.15 –12.30 BREAK
accountancy products 12.30 –13.00
Amanda C. Watts,
TwentyTwo Agency
Please Will You Marry Me, Mr. Accountant?
(A Relationship First Approach To Marketing)
How To Theatre
and services 12.30 –13.00
Steve Pipe,
AVN
How to Become one of the World’s Most Inspiring,
Respected and Profitable Accountancy Practices
Practice Growth
Theatre
–––––––––––––––––––––––––––––––––––––––– 12.30 –13.00 Ed Molyneux, FreeAgent Rise of the Robots, Accountancy at a Crossroads Tech Theatre
Chris Astle, Future of Finance Business & Future
Conference sessions in 4 dedicated theatres: DECLAN
CURRY
JOHN
STOKDYK
GORDON
GILCHRIST
IAN
FLETCHER
GLENN
COLLINS
12.30 –13.00
Think Forwards – Enabling Great Business Partnering Theatre
Speaker, Writer & AccountingWEB 2020 Innovation 2020 Innovation ACCA 13.00 –14.00 LUNCH
Practice Growth Theatre, Broadcaster & Training & Training
Gordon Gilchrist &
How To Theatre, 14.00 –14.45 Ian Fletcher, 2020
Innovation Training Ltd
The Firm of the Future
KEYNOTE
– Main Auditorium
Tech Theatre and the Supported by the industry… 14.45 –15.15 BREAK
Business & Future Theatre ACCOUNTEX SUMMIT NORTH has enjoyed strong industry and
15.15 –15.45 Steven Cox, IRIS The Accountancy Climatic Flip – Time for Digital How To Theatre
association support since its inception. While the summit has
adopted a different format from the established London event, James Ashford, How We Grew Our Firm’s Monthly Recurring Practice Growth
FULL PROGRAMME & it’s drawing on all its strengths – harnessing Diversified’s unique
15.15 –15.45
GoProposal Revenue by 50% in 9 Months Theatre
EXHIBITOR LIST NOW ONLINE experience, connections and knowledge within the accountancy 15.15 –15.45
Mark Wickersham,
Effective Pricing Ltd
How to Get a Better Price for Your Services Tech Theatre
and finance profession.
Nigel Holmes, Research & Development Business & Future
15.15 –15.45
With limited places still available, a Catax – Uncovering the value Theatre
FREE delegate place includes: 15.45 –16.00 BREAK
Apply for your FREE place and quote ASN169
• Keynote speaker programme Glenn Collins, ACCA Panel Debate: Changing Face of the Accountancy KEYNOTE
at www.accountexsummitnorth.co.uk • 80 top accountancy suppliers
16.00 –16.45
+Panel Practice – Main Auditorium
• 4 dedicated break out theatres Gordon Gilchrist &
16.45 –17.00 Ian Fletcher, 2020 Closing Remarks and Conference Wrap Up Main Auditorium
• 8 hours of CPD accreditation Innovation Training Ltd
JOIN THE CONVERSATION @ACXsummitnorth #ACXsummitnorth
• Complimentary refreshments
17.00 –18.00 EXHIBITION
Visit www.accountexsummitnorth.co.uk today to apply for your place – quote ASN169
6 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 7
Cover Story Cover Story
AdvanceTrack MD, Vipul Sheth shares his journey from a
AdvanceTrack: start-up to becoming a larger start-Up! He explains why they
weren’t going to be a “me-too” operation and their goal of being
recognised as the best accountancy outsourcer in the world.
Strength in
@AdvanceTrack
Vipul Sheth ACA CTA, Founder
and Managing Director, How? By building technology and a culture of excellence within
their teams...
AdvanceTrack Outsourcing
Vipul Sheth is a UK based
ICAEW Chartered Accountant
and Chartered Tax Advisor. Vipul
trained with a regional UK firm
I recall my first trip to India
when I was exploring the
to communicate using the insecure
method of e-mail and allowed job
allow smartphones in our offices.
This is just part of the multi-layered
Numbers
before moving to Ernst & Young idea of setting up an Outsourcing tracking from that day. We rebuilt security protocols in place to
and KPMG. AdvanceTrack is a
UK Headquartered Accountancy Company. This was shortly after our entire platform in 2017, pushing protect your client data.
Outsourcing Company with leaving KPMG back in early 2002. AdvanceTrack 2 live in readiness
offshore operational centres, for the new GDPR regulations (for Our ISO27001:2013 Information
delivering services around the
globe. It was an exciting and scary those who aren’t aware, these Security certification provides an
experience as whilst I had family in are Europe-wide Data Protection external audit of already strong
India, they weren’t involved in the Regulations). protocols we have put in place.
business (deliberately).
Culturally, security is part of our Culture
We did an analysis of the DNA. Only this January, A client
companies providing outsourcing visited us and was politely asked We are a technology driven provider
services and concluded, we could to leave his smartphone with of services, having had high-end
do it in the same way, but chose security. Why? Because we don’t developers as part of our business
not to. We concluded that there
was a lack of process and limited
professionalisation within the
industry, but doing it their way
would mean there would be no
differentiator between us and
them, except they were already
big companies! Why would they
choose to use our service if we were
just a smaller version of them?
Our first group of staff consisted of
just 5 staff. Even they didn’t have
enough work to keep them busy!
I could have completed the work
myself, there was that little work. I
did however, need a team of people
ready for when the work did arrive.
We needed to build a business
with a team with passion to deliver
amazing service. That ethos has
allowed us to continue growing our
teams ever since and we’ll add 100
Xero certified members in Q1 of
2018.
Security
Our initial analysis of the industry
identified that Security, although
important was not consistently
managed.
We systemised our approach to
working with firms building our first
A recent picture of one of AdvanceTrack’s Xero trained teams A picture of the entire AdvanceTrack team a few years back
version of our AdvanceTrack system
in 2005-6. We removed the need
8 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 9
as far back as 2005 (We started AdvanceTrack system. It is one of That was the start of a journey that
in 2003). Our teams also adopt the reasons as senior management, brings us full circle to today. We
technology to drive our processes we can have confidence that our still run the business like a start-up
to be more efficient. teams deliver consistently. as our mantra is to do Outsourcing,
The most telling part of our culture but not as you know it.
is our team culture. They work Having worked with a Regional
together as a team and also spend Accounting firm and two of the Big 4 Having a group of talented young
a lot of social time together. We firms, I obtained an understanding men and women in our team
have a team building trip annually of the need to control the process reminds me of how managers in
for all team members to have time regardless of who is working on my training firm thought of us
together to celebrate how hard they the project. If you think of the trainees. They bring energy into
work together. number of staff who join and leave the organisation and questions
Big 4 firms, the clients are handled that keep challenging the status
As a management group, the most consistently, meaning that clients quo. We’re not standing still and
noticeable aspect we see is, that it do not as a matter of course leave are adding to our professional and
is not one or two team members, when a staff member leaves. It is a technology teams.
but a collective group pulling rare occurrence that a client follows
together to deliver client work as any individual leaving a big firm. Our joint aims are to delight our
client demands require. clients. If you’re ready for the
Our systems allow our teams to challenge, join us on our journey.
Staff deliver a secure, consistent service,
so regardless of the team working
The most enjoyable part of my trips on the files, there is generally a
to India is to see the enthusiasm of consistent service. This is borne
our young team members working out by the client service scores that
for us. Their willingness to learn firms provide feedback on all work
and deliver a better service is a key delivered across the business.
part of the culture of society and
the wider team. The aim is to increase quality and
service consistently over time,
We also award monthly individual even with testing growth targets FIND OUT MORE...
prizes to reward exceptional work. that the business has set. This is
audited annually by BSI as part For more information check out
Systems of the company’s ISO9001:2015 the new and improved website
certification. at: advancetrack.com
We briefly touched upon our
Subscribe to XU Magazine
4000+ 150+ 100+ 46 HRS CPD
ATTENDEES EXHIBITORS SPEAKERS LEARNING
FREE
Go to subscriptions.xumagazine.com
xumagazine.com/subscribe
10 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 11
Two Ways To @genemarks
Profit Using
Gene Marks, President, The
Marks Group
Author, columnist, speaker,
CPA, and small business owner
himself, Gene guides business
leaders of all kinds toward
smart, long-term money-making
Entryless
decisions for their organizations.
Gene writes daily for The
Washington Post on small
business and public policy. He
also writes regularly for Forbes,
Inc. Magazine, Fox News, and
Entrepreneur Magazine.
How OCR & Machine Learning is Changing
Your Accounting Business...
E ntryless is part of a new
breed of accounts payable
from any scanned document. Matt
uses Entryless not only for his
“Because of Entryless our firm has
experienced a significant amount
processing technologies that own business, but for his clients. of growth recently,” he said. “The far as to build a business around institutions can better monitor invoices directly into Entryless and
uses OCR (Optical Character Invoices are sent to assigned email ability to have vendors be able to accounting technologies like and control compliance with their the system automatically brings
Recognition) and Machine addresses and then automatically just automatically email over all the Entryless and is capitalizing on the hygiene processes. The company that data into her accounting
Learning to extract data from brought into his accounting information to that unique address efficiencies gained. is small – only system for payment. All of this was
scanned documents and bring system after being approved and is super-powerful. It’s one of the 35 people – and setup in less than ten minutes, she
that data into a format that can be pre-coded. Matt’s firm has setup best features of Entryless.” Entryless is Annie has only told me.
“The ability to have
reviewed and then automatically Entryless integration. This way Matt the future. been there for less
vendors be able to
imported Xero for automatic data can handle a much larger volume of Increased productivity is helping Technologies like than half a year. “It was taking a really long time for
entry processing. transactions then he would be able Matt make more money. More this save business
just automatically the process that we currently had
to otherwise – and serve a larger importantly, Matt has gone so owners money email over all the But one of the – entering invoices, bills, receipts
That sounds good. But in the end, group of clients. and increase information to that first things she – so I was looking for a solution
how does this technology make productivity unique address is did was implement for that,” she said. “Entryless
you money? Here are two business through integration super-powerful” Entryless. has been had a big impact on our
owners that are profiting from and the ability to productivity.”
Entryless in two different ways. handle more work with “I am the only person
less people. doing accounting, so I needed Because Entryless integrates with
More profits through productivity something that would help me do Xero, duplicate data and data
More profits from integration more things at once, particularly entry errors are almost eliminated,
Matt Fulton is a co-partner at bill-automation.” enabling even a small company to
Parkway Business Solutions, an Annie Aladjova is the Director of increase its efficiency and use its
accounting and bookkeeping Finance for Swipesense, a Chicago Annie was attracted to Entryless existing employees better.
firm based in Ventura, California based startup that provides sensor because of its ability to integrate
that services mostly small and on point-of-care hand hygiene with her accounting software. She
medium sized businesses. Matt dispensers so that healthcare enters or scans accounts payable
uses Entryless because of its OCR
technology.
OCR allows for data to be extracted How to go clutter-free
STEP ONE:
Check out approvalmax.com Switch to cloud-based software
12 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 13
It’s Alive! @SuiteFiles
Kim Anderson, Marketing
The Modern
Executive, SuiteFiles
Kim is a passionate Jane-of-all-
trades marketer who fell into
software a bit by accident after
trying her hand at design and
teaching high school English.
Practice is back
Xero HQ apps presented at Xerocon London 2017
She’s one of SuiteFiles’ first
employees and loves learning
about how businesses tick. Her add-ons, like Spotlight Reporting. to offer future-focused advice the elimination of paper from their
goal is to make file management Increasingly practices aren’t relying and services that go beyond tax three offices. Now Dave’s team can
less boring. on one single software vendor compliance. collaborate more effectively and
for their business, and Xero HQ • Simplify – Apps that work keep track of key data.
acknowledges this. together will streamline your
Seven years after Xero first talked about the Modern processes, simplifying many Read TaxAssist’s full case study at
Benefits of the Modern Practice tasks. The subscription models www.suitefiles.com/customers.
Practice, the concept is now a reality for many concept for many cloud apps will also
businesses. What does it mean to be a Modern Practice
simplify your finances, often What next?
Since its early days Xero have allowing you to ditch expensive
and why is 2018 the best time to level up? stated that they’ll only ever focus
on creating great accounting
servers and reduce overall IT
costs.
The Modern Practice is great in
theory, but how do you go about
software. But accountants • Access – Work doesn’t just take finding the right apps and take
T he beginning of the Modern
Practice
your practice. Xero chose a handful
of early add-on partners (including
Cloud apps are more sophisticated
and offer better integrations,
need more – they need HR, file
management, marketing, etc.
place in an office anymore.
It happens on the road, at
steps towards transforming
your business? Here are
SuiteFiles!) and launched the making them competitive conferences, with our clients. 4 tips:
“Just like the best
Way back in 2010, Xero started Modern Practice. alternatives to legacy desktop This is where the Modern Practice Cloud apps give you access to
candy stores, working
talking about an idea called the software. Being a ‘Modern Practice’ idea comes in. To help businesses your data when you need it and 1. Do a business
‘Modern Practice.’ They even had Making the Modern Practice a was possible seven years ago, and choose the best apps for them, Xero offers greater flexibility around audit – Where
with cloud apps
a landing page for it, which is how reality early adopters benefitted from it, have provided an app marketplace how and where you work. are the allows you to pick
you know a technology company is but now it’s track record is proven – where you can filter solutions, plus gaps and and mix the tools that
serious about something. Ahead of its time (a habit with practices that innovate see greater a recommended stack of apps for How UK-based TaxAssist opportunities in meet your specific
Xero), the Modern Practice concept growth and efficiency gains. Xero HQ. Accountants simplified their your business? Is requirements”
Shocked by the out dated ways petered out after a couple of years. practice there an area that
that accountants were still running Not quite dead in the water, but for Introducing Xero HQ So, why modernise? Why phase you need particular
their practices, they proposed the many businesses who were new out desktop software that does Simplicity is what Dave Forrester help in, maybe in financial
‘Modern Practice’ as an easy way to to cloud anything, it was too big a Xero have revived the Modern everything for a suite of light-weight wanted for his TaxAssist reporting?
level up your business’ technology leap. Practice concept with the cloud apps that do one thing, but Accountants franchises in Keighley, 2. Plan your priorities – Know what’s
and processes without the need for introduction of Xero HQ – a live often one thing really well? Ilkley and Bingley in Yorkshire. With on your list of ‘must-haves’ when
software expertise or lots of time. Fast forward to 2018 and it’s a dashboard for your business. an IT set-up that was expensive, looking for software solutions.
In practice, the concept revolves completely different ball game. Xero Xero HQ brings together your • Choice – Your practice is different complex and increasingly Base this list on tasks that you
around the use of an eco-system now has over 600 add-on partners business data not only from Xero, to everyone else’s. Just like the incompatible, Dave knew they find painful and are a priority,
of apps to modernise and improve who have grown with the company. but also from other integrated best candy stores, working with needed to make a change. rather than on features that you
cloud apps allows you to pick think you need to have.
and mix the tools that meet your Dave and the team decided to move 3. Do your research – Xero have
specific requirements. to the cloud and implemented made research easier with their
• Growth – Getting the right tools software solutions, like Xero, Office app add-on marketplace. Also
not only empowers you to work 365 and SuiteFiles. venture out to talk to other
better, but it also frees up your businesses, read case studies
time to focus on your clients. “The cloud simplifies our and ask for references from
Automation and real-time operations and Saas (Software-as- software providers.
visibility of your data will allow a-service) gives us a clear monthly 4. Talk to a cloud integrator –
you to unlock insights in your cost.” Cloud integrators specialise in
business that may have been implementing software solutions
inaccessible before. Not only have TaxAssist saved and integrating apps. They’re
• Attract – Not only can you money by removing their aging great people to talk to about the
access and unlock your business server and reduced their IT costs, best way to choose apps for your
data, but you can do it for your but they’ve also seen marked business.
clients as well. This allows you improvements in productivity and
14 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 15
Interview Interview
XU: It’s great to be joined
by David Tuck, Founder
and CEO of Chaser, can you tell us a
It’s a product of us being called
Chaser; people think we just chase.
Absolutely we chase, but we also
having the best developed API and
app ecosystem. When we looked
at it we felt that we had the ability
bit about chaser? log; not just the outgoing chasers with Xero to build a really seamless
we send but all the communication integration, to effectively be one
DT: Chaser is a platform
to transform how a
business carries out their credit
that goes back and forth. That’s
an essential component of credit
control and having watertight
system between Xero and Chaser.
To this day I am incredibly proud
of the user experience that we
control. There are three interrelated information of what’s been said by deliver in that perspective. It gave
strands to that. First off is our who, at which points in time. us the ability to take the fantastic
chasing automation which is accounting system and invoicing
helping businesses automate
what we call our 3 P’s; ‘the polite
persistence that pays’, but all
XU: Chaser is an incredible
cloud-based software.
What is the story of chaser, where
functionality of Xero, and provide
their customers and accounting
partners with a platform to deliver
while preserving the all important did the idea come from and how best in class credit control.
human touch. That is really long ago was it? And then how
central to our automation. There
is a huge potential false economy
with automation whereby you
did you go from an accountant, to
financial director, to app owner/
creator?
XU: It’s been nearly 3 years
since you introduced
Sir Chasealot and I hear that the
save yourself time from having baton has been passed to Brad
to chase manually, but if it looks
and feels clearly automated then
it’s ineffectual in terms of bringing
DT: We are 3 and a half years
old. We launched in
August 2014. We are really a classic
Ewin. How did the idea for this
marketing plan come along?
about the desired result of getting
your invoices paid. With Chaser
it’s the best of both worlds; saving
‘scratch your own itch’ story. After
graduating, I did my ACA and CTA
accounting qualifications in practice
DT: The Xero community’s
invoice-chasing knight in
shining armour! Sir Chasealot was
yourself the time of having to chase and then moved into industry. born at Xerocon London 2015. That
manually but preserving the human Firstly in FMCG with Fever Tree, the was our first Xerocon as exhibitors.
touch so that you get the cash in premier mixer drinks company, and Truth be told, I wish I knew how
the door as soon as possible. then heading up finance teams we came up with it; I think it was
in a couple of tech companies one of those serendipitous creative
The second element of Chaser is after that. Fever Tree and the tech light bulb moments. We had been
our the credit control CRM. This companies all sold on payment to one Xerocon as an attendee, and
is the way we log and provide terms. It was clear to me that there to the Xero stand at Accountex in
our users with a record of all of had to be a better way of carrying 2014, and a host of other smaller
the credit control communication out the pain which is credit control. Xero events prior to February 2015
that’s gone back and forth between It was latterly that I got the chance when Xerocon London was. It felt
them and their customers, all to work with cloud accounting like something that would really
of this automatically. So, when and discovered, what was at that resonate with that focused-yet-fun
they’re making a telephone call to time the nascent, app ecosystem. atmosphere in the Xero ecosystem.
chase up an invoice that the email Working in tech, I also got to teach It was a bit of a gamble but one I
automation requires an escalation myself some computer science. I like to think has really paid off.
from, they no longer have to did a couple of massive open online
spend their time routing through
their inbox or sent items to piece
it all together. They have all that
courses; a bit of Codecademy and
a Udacity intro to computer science
course. I guess, as they say, the rest
XU:
Australia?
Am I right in thinking
he once made it to
information in Chaser. is history! Everything just sort of
Then, thirdly, it’s the insights. These
crystallized in my mind in thinking
there is a better way that credit DT: He did Indeed! In August
2015, Sir Chasealot
Q&A
are about how different customers control can be carried out. I felt that graced Xerocon Melbourne with his
are paying our users, so they can intense pull to go off and build it. presence.
know who their good and bad
paying customers are. They can
then tailor that use of automation
accordingly to help them achieve
XU: Can you briefly explain
how Chaser integrates
with Xero. Why did you integrate,
XU: How effective has
social media been in
Chasers life span? Has it increased
the very best credit control results. and what value does it bring to your your Chaser community?
company and your customers?
XU:
fairly new?
I didn’t know about
the CRM side of it, is it
DT: We’ve been integrated
with Xero since day
DT: It’s been fantastic from
a very early stage,
particularly on Twitter. Also, on
one; they were our first integration. Linkedin and on Facebook but to a
David Tuck, founder and CEO, Chaser DT: No, it’s been there
since the beginning.
That was a product of seeing Xero’s
fantastic position in the market,
slightly lesser degree than Twitter.
The Xero Partner Community is
16 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 17Interview Interview
incredibly active on Twitter. It was
a great way for us to get the word
out initially, and to raise awareness
time exhibiting with our own stand
which we are really excited about.
We’ve always prided ourselves on
apps and what challenges have you
face with marketing and promoting
in the competitive industry?
know and what we will always not
know is just huge. So, people who
have the humility to accept that,
DT: We launched at almost
exactly the same time.
In fact, we launched Chaser in
team saying don’t sell anymore
to this customer. You can take
urgent action if you need to get
about us as a platform around the making a big bang with the events the eagerness to embrace the conjunction with featuring in the that customer down below their
time that we launched and in the
immediate aftermath of coming
to market. Now it’s a great way of
that we exhibit at. For example,
back in October last year at Xerocon
we launched Debtor Daze; the
DT: What I’d say makes us
stand out is nothing
more, nothing less than our focus.
opportunity that doing this work
provides to learn. That couldn’t
be more important in terms of the
first issue, back in August 2014,
and contributed to the original
crowdfunding campaign. When
credit limit if they are approaching
it or if they have exceeded it. That’s
something we’re really excited
keeping in touch with what’s going world’s first ever accounting- We are laser focused. We do our mindset that they come into the I look back, we’ve made a lot of about and the feedback on that has
on in the industry and keeping themed craft ale. I’m afraid I can’t one thing really well. There is team with, so that’s definitely key to mistakes over the last three and a been brilliant.
people aware of what we are doing. give any spoilers about what we so much stuff we choose not to us as a team. half years, but that was a fantastic
I think we (hopefully) have good have planned for Accountex, but I do because we don’t believe we decision on our part because it’s Across the rest of 2018, the area we
awareness on social media, which
is fantastic given the level of activity
within the community. It’s a great
definitely encourage everyone to
watch this space.
can be the best at that, take the
forecasting space for example.
We know we are in the business
XU: So then what does a
typical day at work
look like for you to run and organise
been a brilliant partnership and
platform for us.
are really excited about is more and
more insights about the different
ways your customers are paying
opportunity for us to share what’s
going on as we continue to develop. XU: It would be great if
you could tell us what
of credit control and we are
relentlessly focused and passionate
Chaser? It’s been brilliant to see the
magazine, the publication go from
you, and practically suggesting
the actions you should take off
XU: When you’re not busy
running Chaser, what
outsourcing credit control is and
how will it help companies?
about doing that. I think you see
that reflected all the way from
our website, product experience,
DT: We have remote team
members, so we have
daily team stand up at 9:30am
strength across different mediums
as well. For us, you talk about an
engaged audience; people reading
the basis of that information. Then
combining that with great flexibility
within Chaser as a product to chase
can we find you doing in your spare
time? DT: This is an incredibly
exciting industry
development. Outsourced credit
customer and partner relationships
and the quality of the support we
deliver. If you look at our reviews
where we run through our goals for
the day and any roadblocks. That’s
really important so that we have
around Xero, around the app
ecosystem; it’s brilliant.
different groups of customers in
different ways. So, harvesting
and surfacing those insights to
DT: I have one year old
twin boys and I’ve just
bought a water rowing machine at
control is an extension to the
virtual finance function for clients
who sell on payment terms. It’s
on the Xero App Marketplace,
it’s a huge source of pride for me
the number of times the quality
the ability to interact as a team at
least once a day, face-to-face. Once
a week we do lunch-and-learn as a
XU: Chaser is a successful
growing company, so to
finish off, is there a new feature to
our users, along with rules based
assignment to different schedules
that best suit the different
home in an attempt to stay healthy. underpinned by cloud credit control and passion of our support gets team. Someone will host lunch and Chaser or any developments we will customers given; how well or how
In any other time I love to read. software, meaning the accountant mentioned and how much people we will grab lunch together, again see this year that you can tell our badly they are paying their invoices.
Over the past year, I’ve discovered and bookkeeper can offer the enjoy working with us. dialing in to a video call remotely. readers?
audio books with Audible and service profitably in a way that’s One of the team will present on
podcasts have been really good for
me.
just never been possible before.
This is incredibly exciting because
this means that true credit control
You’re right that there’s always
going to be that challenge of
marketing and promoting yourself
something that they are interested
in, that they think the rest of the
team will find interesting and useful
DT: Absolutely. We just
released our new
thresholds functionality, which
XU: Accountex is a big
event within the
accountancy community, and I
expertise is available to SME’s who
don’t have a other finance team and
therefore have never been able to
within a competitive industry.
Paul Graham, the founder of Y
Combinator, says ‘the only way to
to learn from.
Aside from that, there really is no
is the ability to set risk limits for
different customers and then get
notified about them. For example,
would imagine it’s an important access that credit control expertise. avoid competition is to avoid good typical day. The biggest challenge setting credit limits for different
event for you and your company, As businesses they are now ideas’. I think there’s abundant is identifying what the most customers so you get notified when
but what value does Accountex add able to do so. So it’s a fantastic, truth in that. We recognise we’ll important thing is and ensuring there are approaching that credit
to Chaser and your customers? almost democratisation of credit never be done and we will always that I, and the rest of our team, are limit, or they pass that credit limit.
control that we are really excited have a huge amount to learn. But I spending the maximum amount of If as a company you have credit
DT: For us it’s just a fantastic
opportunity, alongside
about playing a part in, within our
industry.
think we have a lot of reasons to be
confident that we’re the recognised
time working towards that. insurance, that credit insurance
will be invalidated if you pass your
Xerocon, to engage with the partner
community all in one place and at
that scale. It’s also a great place XU: Following on from that,
how big do you feel this
market leader in our space. For
example, it was brilliant to win the
Xero App Partner of the Year award
XU: You’ve been with us
since our first issue,
how has working with XU magazine
credit limit. It couldn’t be more
important that you stay abreast of
that. With the new functionality,
for us to communicate what we are will be in the future? in 2016. Then last year winning the benefited your company? you can communicate to the sales
up to, but far more importantly, AccountingWEB Cloud App of the
to meet with and learn from our
partners about what they’re up to DT: Huge really. We see
it as becoming table
year against GoCardless, Stripe
and iZettle, who are just fantastic
W
and focusing on. So, it’s a fantastic stakes as part as the virtual finance leaders within their own respective
NE
opportunity from an engagement function for those clients who categories.
GIFT
perspective for us. sell on payment terms. It will be
the new paradigm. There will be
XU: Your team seem to
AID
XU: Accountex is the UK’s
largest exhibition
and conference dedicated
that expectation that this is how
credit control gets done for those
businesses who don’t have an in-
have come from a
variety of jobs and backgrounds
and you have created such a young CRM & Donor
to accountancy & finance house finance team, which in terms and vibrant working team. What’s Management for Charities
professionals, Are you excited to be of the overall business population the key to success in this?
Manage Donations, receipts, HMRC claims, rosters
attending? What exciting stuff do is the huge majority. This will be the
Store Names, address, notes
you have planned for Accountex? de facto way it gets done.
DT: I’ve definitely learnt
over time, hiring for Connect People, groups, communicate w w w. i n f o o d l e . c o m
DT: We are really excited to
be going. This is our first XU: What makes Chaser
stand out from other
eagerness to learn because the
sheer tonnage of what we don’t
Track Assets, donor profile, attendance NZ +64 7 579 3085 USA +1 415 231 0023 UK+44 (0)161 738 1437
18 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 19SPONSORED CONTENT
ACCOUNTEX visitor
EXHIBITION | EDUCATION | NETWORKING
registration off to a
flying start WED 23 – THURS 24 MAY 2018 | ExCeL | LONDON
This year’s
The UK’s largest
show is Blue, Capium, Accountancy officer at CIPP; Tony
exhibition & conference
expected to
be the
Manager, Spotcap,
GoCardless, AON, Tide, Cater
Margaritelli, chairman of the
ICPA; and John Stokdyk, dedicated to accountancy
& finance professionals
Allen, Campaign Master, global editor of
biggest yet as Senta, Docusoft, iStorage, AccountingWEB.
registrations Pandle, Redundancy Claims
UK, TwentyTwo Agency, and Some of the industry’s
flood in Global Infosys. biggest brands will also be
is also famed for
hosting content in their own
dedicated theatres, including
GET ADVICE AND INSPIRATION – over 180
free-to-attend education seminars
ACCOUNTEX
16 theatres, 150 expert its unrivalled Education Sage, Wolters Kluwer,
speakers, over 180 CPD- Programme which provides all QuickBooks, ACCA, FUTRLI,
MEET SUPPLIERS– 200+ exhibitors
accredited Keynotes, the latest information, view MyFirmsApp, TaxCalc, and
seminars and workshops, and changing the future of your industry
points and future predictions effective pricing Mark GAIN
200 exhibitors – that’s the from some of the industry’s Wickersham. And in addition, DISCOVER 100’s of new cutting-edge 8 CPD
compelling line-up that awaits biggest names, and this year’s this year’s show will see the
products, services and solutions HOUR
the 7,000+ attendees “Our exhibitors and line-up is expected to be unveiling of some brand new S
preparing to visit ACCOUNTEX speakers include many of the bigger and better than ever. theatres such as the Tech CONNECT with over 7,000
2018 – the UK’s flagship event profession’s leading innovators Covering all the hottest topics Demo Theatre, Practice &
for the accountancy and and key thinkers. They are from GDPR to Making Tax Compliance Theatre, Future
accountancy and finance professionals
finance profession. This is the constantly evolving and Digital to the latest & Development Theatre
opportunity to discover all of developing their products, developments in AI, some of (sponsored by Receipt Bank),
the latest industry news, technologies, business the names that have now been and Sales & Marketing JOIN THE CONVERSATION @Accountex #Accountex
products and software, as well solutions and strategies to confirmed as speakers include Theatre. The returning
as being the biggest meet the changing needs of Damon Anderson, director Keynote Theatre (sponsored
networking event of the year their customers and clients,” and partner at Xero; Carl by Compleat Software) is now
REGISTER TODAY FOR
FREE TICKETS
for anyone in the accounting added their names to the explains event director Zoe Reader, small business advisor one of a pair. The
profession. visitor list, and many more are Lacey-Cooper. “We’re and author of The Startup introduction of a second
anticipated to attend. For confident in saying that every Coach and The Franchising Keynote stage now enables
Returning to the esteemed them, ACCOUNTEX is the “must new innovation and best Handbook; accountancy the show to cater for a
ACCOUNTEX is a
ExCeL London on 23-24 May, attend” event for discovering practice/working solution that
Enter priority code XU101 at
futurist Chris Hooper, CEO of significantly bigger audience,
the 2018 event is expected to the best new software, great way to gain our visitors need to know Accodex; entrepreneur with plenty of capacity
exposure to the
be the biggest in the show’s
history. Thousands of
products, tools, solutions,
insights, and innovations of wide range of
about will be at ACCOUNTEX
London this May,” she says,
Caroline Plumb OBE, founder
of Fluidly; marketing
between them for this year’s
big name draws. WWW.ACCOUNTEX.CO.UK
accountants, finance directors, the year. It’s also the only UK “that’s what makes it such a consultant Amanda C Watts;
accounts managers, tax event that annually attracts so
accounting valuable and productive two Anne Davis, head of ACCOUNTEX takes place at
professionals, heads of IT, many industry thought leaders software options days for everyone involved.” regulation and policy for the ExCeL London on 23-24 May.
bookkeepers, and sole together in one place at one out there, IFA; Gordon Gilchrist and Ian Attending is free if visitors
practitioners have already time. The central exhibition will Fletcher from 2020 Innovation; register in advance, or is £25
understand current
feature around 200 companies Ed Molyneux, CEO and on the door. All Keynotes and
industry themes, showcasing all the latest founder of FreeAgent; Paul seminars (in the show’s 16
increase your products, services and add- Shrimpling, MD of Remarkable theatres) are also free to
learning and add to ons that could transform an Practice; Samantha Mann, attend, but are allocated on a
entire business. Confirmed senior policy and research first come, first served basis.
your CPD exhibitors include Xero, Sage
requirements. QuickBooks, FreeAgent,
TaxCalc, Wolters Kluwer, IRIS,
NEIL, SENIOR FINANCE
MANAGER, DMH LTD Compleat Software, Receipt
For further information, and to register for a free ticket to
Bank, Abbey Tax,
attend, please visit www.accountex.co.uk and use
WebExpenses, Avalara,
priority code XU101.
BrightPay, Worldpay, Octopus
20 / Issue 14 XU Magazine - the independent magazine for Xero users, by Xero users. Find us online at: xumagazine.com Brought to you by Tyrrell & Company (tyrrellandcompany.co.uk) Follow us on Twitter: @tyrrellandco Issue 14 / 21You can also read
