Reverse Charge VAT was originally due to be released in October 2019, but came into force on the 1 March 2021. Reverse Charge VAT changes the way you invoice your customers and sub-contractors in the construction industry. This blog post explores the changes, who will be affected and why the changes have been introduced. read more...
Right across the supply chain, manufacturers, wholesalers and distributors are facing a common set of challenges: how to get the right product, to the right place, at the right time. In addition, they’re all facing increasing pressure to optimise customer service, meeting ever-increasing customer demands while maximising margins wherever possible. Although not the answer to all business problems, technology has a crucial role to play in managing these increasingly complex operations, at the same time as boosting customer satisfaction and ultimately having a positive effect on profitability.
COVID-19 has been a game-changer for many organisations. With radical changes to standard processes and procedures introduced almost overnight, the global pandemic has led many businesses to reassess their entire operation, re-evaluating not only how things are done but examining just how resilient their current systems are. For many decision-makers, the key question is whether or not their systems are robust enough to withstand the current economic environment.
According to research, over 80% of organisations reported that Covid-19 had a negative impact on their supply chains. In this blog post we examine how supply chain resilience is a pressing priority in light of Covid-19 and leaving the EU. Is your supply chain robust enough for unexpected challenges?
We’re all dealing with masses of data, both in our home and work lives. Making sense of all this is a daily challenge, wading through swathes of information from multiple sources in an attempt to seek out the bigger picture. In light of this, never has it been more important for businesses to try and get to grips with the information available to them, taking full advantage of the data to try to establish an up-to-date, 360° view of the business to improve decision making, profitability and productivity.
As the vast majority of us are well aware, the transition period with the EU and the UK will end on 1st January, 2021. From this date, the UK will operate a full external border meaning controls will be placed on the movement of goods between Great Britain (the UK excluding Northern Ireland) and the EU. In light of this, what are the key points for businesses to consider and what are the deadlines involved?
2020 has been an unprecedented year with many unforeseen challenges arising for businesses. This has highlighted the need for businesses to press pause on certain areas, with once pressing priorities slipping further down the list. It has led to increased pressure on SMEs to become more agile in the face of this new world, resulting in more SME's turning to a single, centralised platform.
The 2017/18 payroll year ends on 5 April which means it’s almost time to process your year end, a busy time for any business running a payroll. Before that, another deadline looms: the de-commission of the Government Gateway, which goes offline on 13 February and has been replaced by the HMRC Multi Digital Tax Platform (MDTP).
Every growing business will inevitably face challenges when it comes to choosing the right software. In many cases, investment in solutions that can bring together different areas of the organisation can take a back seat whilst short-term goals are managed. This leaves many businesses running separate systems for various departmental functions such as payroll, CRM, reporting, supply chain and cashflow management. Phrases like “if it works, why change it?” and “it’s too much work to switch” may sound all too familiar, but the truth is your business might not be running as efficiently as it could be. In this blog post we are going to look at some of the benefits of integrating different areas of your business.
One of the latest buzzwords echoing around manufacturers worldwide is digitalisation, a means of using a technology-driven business model to deliver new revenue and value-driven opportunities. A response to the need to develop greater levels of agility and efficiency in order to keep pace with an increasingly unpredictable marketplace, digitalisation has the potential to equip organisations with the tools they need to thrive in a modern economy. But what does it mean in practice, particularly for smaller manufacturers? And what’s the right approach?
The most successful players in the wholesale and distribution sector find that margins and customer service come together to create business excellence.
The rise of mobile and cloud technology has made the possibility of flexible working a reality for many businesses and their employees.
The 2016/17 payroll year end ends on 5 April 2017 which means it’s almost time to process your year end, a busy time for any business running a payroll.
For any business there is no greater asset than its employees, and it’s no secret that keeping them happy leads to greater efficiency and productivity.