On-demand access to instant information is not a new trend; successful, dynamic and fast-paced organisations fuel their business with the power to access key information anywhere and at any time. This infographic explores the face of today's business landscape and what mobile working will mean to us in the future from checking our bank balances to accessing our mobile accounting software.
For further information, download our latest Whitepaper - Mobile Working on the Move.
Tags: mobile working, mobile accounting software
Accounting Software | Mobile | Remote working
A proactive and agile business will always employ performance indicators to measure, evaluate and optimise success. It is relatively easy to compile a set of objectives and goals that are important to your organisation, but there are some simple steps to consider when deciding which KPIs are right for your business;
1. Firstly, the KPI must reflect organisational goals. It may be the case that your organisation adopts several sets of KPIs, each set relevant to individual departments. It is perfectly acceptable for each team to strive towards a personal set of goals, but the organisation should set company-wide KPIs, applicable to the overall targets of the organisation. KPIs should take into account the strategic objectives of the organisation and be integrated into all business plans.
2. Keep the number of KPIs to a minimum – say a maximum of 5 company-wide performance indicators and then a sub-set of 3-4 for each department.
3. Share and communicate KPIs throughout the business. Whether this is on the company intranet, on wall displays or in company briefings – ensure each staff member understands and comprehends their contribution in achieving each goal. Performance indicators will also enable management to share specific, tracked information with shareholders and board members.
Reviewing, selecting and choosing the right supplier to host your IT requirements challenges the traditional buying model. The hype of the cloud has created an influx of new organisations, all claiming to offer the best levels of service. The recent demise of 2e2 should send warning signs to anyone looking to migrate their software or IT services to a cloud solutions provider. Additional steps and care and attention should be applied to the buying process. This 5-step guide provides tips that you should take into consideration to ensure you make the right selection.
1. How reliable is the supplier?
This is critical. With so many new start-ups offering to ‘host’ your IT infrastructure, you need to choose carefully. The stability of the hosted supplier is vital. If the cloud bursts – what happens to your data and your IT network? Ensure you fully research how many clients the organisation has, how long it has been trading, who is it backed by (if anyone) and overall use your gut to decide if you would feel confident trusting them? In this instance, you may think it wise to opt for a long-standing provider, who can offer back-up and security as opposed to a new start-up.
Tags: 2e2, cloud hosting provider
Accounting Software | Cloud computing | Hosted solutions | News | Topical
From April 2013 Real Time Information (RTI) will become the standard PAYE/NIC reporting. Make sure you are ready to go live with this handy 6-point real time information checklist from IRIS Exchequer to help you with the migration to live RTI submissions. Remember that you will need to send RTI data to HMRC online, every time a payment is made.
If you would like more information on Real Time Information (RTI) or to have a discussion about RTI preparation, payroll software or training, please contact the Exchequer team on 0844 815 5608 or email RTI@irisenterprise.co.uk Further information can also be found on the Exchequer website at www.exchequer.com/rti
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<a href="http://www.exchequer.com/rti" title="Real Time Information Checklist from IRIS Exchequer"><img src="http://www.exchequer.com/Blog/image.axd?picture=2013%2f1%2frti-infographic.jpg&source=remote" style="width:600px;height:2860px;border:none;" alt="Real Time Information Checklist - from IRIS Exchequer" ></a>
Tags: Real Time Information, RTI, HMRC, Payroll software
Infographic | Real Time Information (RTI)
Advances in technology are seeing mobile devices become a key way in which businesses can boost their productivity and remain competitive in challenging times. Mobile working gives businesses the flexibility and agility they need in a 24/7 economy and can even help to create business opportunities. For some, working away from the office is becoming the norm and it’s essential that they can work on the move as easily as if they were in the office.
We’re so used to using smartphones, apps and tablet devices in our personal life that it’s inevitable that this way of working is starting to become more widespread in business. There is now a range of technology tools to help businesses offer remote working to their employees. Here are a few that are particularly helpful;More...
Hosted solutions | Microsoft | Mobile | Remote working
Three Quarters of Businesses Now Offer Remote Working
Cloud computing is now providing real business benefit and the use of mobile technology is increasing rapidly for businesses who manage their day to day operations on the go.
Research from IRIS Accounting & Business Solutions shows that three quarters of businesses now offer remote working to its employees, with 76 per cent claiming it makes their organisation more profitable and one in ten saying it gives them the edge over their competition.
If you spend a lot of time out of the office or if your team are heavy mobile users then utilising the devices and technology that your business is familiar with (be it iPhone, iPad, Android, ios or Blackberry) then business solutions on the go such as mobile accounting software empowers your business to provide increased efficiency, service and sales whilst working remotely.More...
A major change in payroll is set to hit UK businesses in 2013. Real Time Information (RTI) represents the biggest change in payroll since the introduction of Pay As You Earn (PAYE) in 1944.
What is RTI?RTI is a new system for reporting tax, NI and other details to HMRC. As an employer you will be responsible for all tax deductions and calculations but instead of submitting this data once a year to HMRC, you will be required to return year to date figures at the same time as payment is made to your employees, whether weekly, fortnightly or monthly.HMRC have now confirmed that all companies with up to 5,000 employees will need to start making RTI submissions from April 2013, with larger employers needing to comply by October 2013.
Tags: Real Time Information, RTI, HMRC, PAYE
News | Topical
Under increasing pressure to perform, the not-for-profit sector is facing some of its biggest challenges to date.
With budgets under scrutinisation, investing in new accounting software may not seem like the most obvious solution to save on your budget. However the investment is possibly one of the best decisions you can make in improving efficiency and reducing costs.
We like to hear our customers' success stories so when The Epilepsy Society told us that Exchequer; "Has delivered a significant return on our investment both financially and increased productivity", then we know that we're doing our job right.
With advanced levels of automation and integration, a new financial system could provide much greater support and help you to increase productivity and gain greater organisational insight. Impressive when The Epilepsy Society report that they save over £40k a year with Exchequer.
Tags: NFP, charity, accounting software
The British Chamber of Commerce has reported today (2 October) that the economy is still in the depths of recession. The results of the new Quarterly Economic Survey released today shows that most key Q3 balances are weaker than Q2, with the economy defined as ‘stagnant.’
In summary the Q3 survey results show the following:
No-one expects the next few years to be anything but challenging, especially if looking to refinance existing borrowing or to raise new credit. While many FDs and businesses have taken decisive action to mitigate the impact of the downturn and have implemented tough survival tactics that are undoubtedly working, caution remains about the strength and timing of the recovery.
As we move into yet another cycle best described as pre-recovery, we need to take a fresh look at the best tactics to weather the current economy and to thrive in the months ahead.
Tags: accounting software, British Chambers of Commerce, business software, construction industry, FD, financial software
Accounting Software | News | Topical
Relatively few businesses were disrupted by London's staging of the 2012 Olympic Games, it has been recently reported by Microsoft Business.
A new study published by the Institute of Leadership & Management found that just 21 per cent of managers experienced difficulties during the two-week sporting spectacle.
Some 65 per cent of company bosses said the Olympics were less disruptive than expected - with fears over high absenteeism and low productivity not justified for the majority.
In fact 48 per cent of employers said the Games had been a positive experience, which helped bring people together and improve overall morale levels within the office.
More than four in ten organisations (41 per cent) allowed staff to watch the Olympics in the office, helping to avoid dealing with frustrated workers who were eager to follow the fortunes of Team GB.
Microsoft | News | Topical
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