84% of UK office workers have never had their expense claims challenged or declined. New global research carried out by Webexpenses has put expenses under the microscope and uncovered a staggering insight into the sophistication of methods that employees worldwide are using to submit fraudulent claims. In many instances businesses...
A new report has found that despite six in ten (61%) accountants saying that the finance and accounting profession is at a technological tipping point, six in ten (64%) still know someone who is using desktop spreadsheets as their primary accounting tools. The research from cloud accounting software company Xero...
Innovation, both in technology and business model, has given both enterprises and individuals the ability to perform many tasks that previously required a third-party expert.  Shopping for insurance,  sending money overseas and most recently, raising venture capital.  It is worth asking whether this can happen to the auditing profession,...
Talend, a provider of cloud and big data integration solutions, unveiled a new version of its Talend Data Fabric platform that is optimised to manage cloud and multi-cloud enterprise IT environments. Talend Summer ’17 helps seamlessly manage information across Amazon Web Services (AWS), Cloudera Altus, Google Cloud Platform, Microsoft Azure,...
Taking a picture of a receipt, invoice, report is great and convenient today than it was ever before. With the growing population of self employed and mobile workers along with the support of technology and software the global workforce is equipped to carry out business, employment and meetings almost...
Manual data entry is not only a time-consuming exercise for accountants and their clients, but this inefficient process also risks errors occurring and restricts productivity. Traditionally, even small changes made in each individual business application – an updated address, for example – meant replicating this same change across all...
Most finance leaders have heard about Robotic Process Automation (RPA) software, but few have firsthand experience of what it can actually do. On the one hand, this is not a huge surprise, as finance is rarely an incubation centre for new cutting edge technology.  Finance has been historically slow to...
Xero has announced it has surpassed one million subscribers worldwide on its global cloud accounting platform. Rod Drury, Xero CEO and Founder said: Starting around ten years ago with our first lines of code, it’s amazing to see the global community who have built businesses on our platform.  We thank our...
PwC has announced an alliance with CodeBase, Europe’s largest incubator, to help accelerate its growth in a move that reinforces the professional services firm’s commitment to startup and scale-up technology companies in Scotland. More than quadrupling in size since its March 2014 launch, CodeBase in Edinburgh is home to over...
Technology has been shaking up the way accountants interact with clients for years, but auto-enrolment, Making Tax Digital and significant changes to the business landscape mean everything is suddenly on fast-forward. Here’s my take on the implications for accountants in 2017: Making Tax Digital will create new market specialists The accountancy...