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Digital transformation for manufacturers Image

Digital transformation for manufacturers

The last few years have been all about digital transformation, with much being made of the need to integrate digital technology into all areas of a business. When done ‘by the book’, it’s actually about so much more than that, requiring a drastic cultural change and asking organisations to challenge the status quo on a daily basis with a view to experimenting with new processes and technology until the optimum way of working is found. But for manufacturers in particular, what does digital transformation actually mean? It’s all too easy to get swept along with digitisation for digitisation’s sake, rushing to digitise everything without fully considering the benefits to the business. read more...

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New world payroll - a fresh approach to payroll? Image

New world payroll - a fresh approach to payroll?

April 28, 2021

Regardless of whether or not it’s here to stay, the UK’s furlough scheme has had a dramatic effect on payroll. Since March last year, the payroll function has faced some unprecedented challenges, having to deal with a newly dispersed workforce, many of whom will have been furloughed, meaning that many businesses had to adapt their payroll processes almost overnight. In many cases, businesses have strived to put in place flexible, more agile ways of working to manage these changes, with some turning to technology for help.

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Earth day 2021: Four Ways to make your business greener

April 22, 2021

Today (22nd April 2021) is Earth Day; a day where people around the world show what they’re doing to be environmentally friendly, and an opportunity for others to follow suit. With this in mind, we thought we would share four new ways of working which could make your business environmentally friendly, and you might even reduce costs and see other benefits in the process.

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Distribution in a Digital Era

April 14, 2021

The past 12 months have seen a drastic shift in buying habits. New data from IMRG shows that online sales grew by 36% in 2020 – the highest rate of growth seen in 13 years. This figure is even more impressive when you compare it to overall retail sales across the same period, which fell by 0.13%, the lowest annual growth in 25 years. While it may be difficult to confidently predict what’s to come, it’s safe to say that ‘etail’ is definitely not going anywhere for the foreseeable future.

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Six disastrous scenarios from delaying a move to the cloud Image

Six disastrous scenarios from delaying a move to the cloud

April 07, 2021

Cloud technology is becoming more popular, but some businesses remain wary about a move to the cloud arguing “if it’s not broken, don’t fix it”. However, what is not broken today, may be tomorrow and a move to the cloud could proactively help prepare your business for an otherwise disastrous situation. In this blog post we look at six scenarios that could devastate your business and prove the benefits from moving to the cloud.

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A transformational tax

March 31, 2021

Chancellor Rishi Sunak’s recent Budget unveiled a host of measures designed to help stimulate business growth and recovery following the disruption of the global pandemic. One of these measures was the introduction of a ‘super deduction’, whereby UK businesses are able to use this super deduction to reduce their tax bill.

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Cashflow in crisis

March 31, 2021

While the economic ramifications of Covid have been felt far and wide, the full extent of the pandemic on businesses is yet to be realised. The last 12 months have, in the main, seen businesses focus on identifying risk, protecting employees and in some cases, spinning up new business models to compensate for lost revenue.

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4 ways working has changed due to the Covid-19 pandemic

March 25, 2021

It would be easy to reflect on 2020 as a disastrous year for businesses, the economy, and workers, but there were positives to come out of the Covid-19 pandemic too. With the vaccine bringing hope of restrictions lifting in the UK, it provides a good opportunity to look at how work lives have changed due to the pandemic and the lessons that can built upon in our post pandemic lives

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Payroll changes for the 2021/22 tax year and updates in Opera 3 (2.81) Image

Payroll changes for the 2021/22 tax year and updates in Opera 3 (2.81)

March 24, 2021

2020 presented an unprecedented number of challenges for Payroll departments large and small. Businesses had to understand and implement new regimes like furlough quickly and adapt to remote working, with in some cases, entire workforces working from home. In this blog post we aim to cover the significant payroll changes coming into effect for the 2021/22 tax year which starts on 6th April 2021, and how Opera 3 Payroll has been updated to reflect these changes.

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What is Reverse Charge VAT?

March 03, 2021

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.

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Why do complex operations need good technology? Image

Why do complex operations need good technology?

February 03, 2021

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.

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How to run your business during Covid-19

February 03, 2021

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.

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Is your supply chain robust enough to cope with future challenges?

January 27, 2021

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?

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The Importance of Business Intelligence

December 21, 2020

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.

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New Year, New Borders

December 16, 2020

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?

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SMEs and the Importance of Agility

December 10, 2020

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.

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An Economy in Furlough

September 22, 2020

Stuart Anderson, General Manager at Pegasus Software, looks at how finance and HR systems can hold the key to supporting the emerging workforce model.

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Dipping a Toe into Cloudy Waters

August 16, 2019

Stuart Anderson, General Manager at Pegasus Software, looks at the current appetite for cloud and examines why hybrid approaches appear to be the winners in 2019

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Making Tax Digital - The Home Straight

March 15, 2019

With just weeks to go, Stuart Anderson, General Manager, Pegasus Software asks what businesses need to do without delay to ensure they’re ready for the Making Tax Digital deadline.

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Key steps and dates for processing your payroll year end

January 02, 2019

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).

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 6 benefits of fully integrated business software Image

6 benefits of fully integrated business software

December 03, 2018

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.

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Manufacturing in a digitalised world

October 01, 2018

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?

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Key features to look for in reporting software Image

Key features to look for in reporting software

October 17, 2017

Looking for new software is often a daunting prospect for many businesses.

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Myths about cloud computing uncovered Image

Myths about cloud computing uncovered

August 15, 2017

Cloud computing has seen huge growth over the past few years and is revolutionising the way businesses operate.

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 Margins and customer service: a winning combination Image

Margins and customer service: a winning combination

August 08, 2017

The most successful players in the wholesale and distribution sector find that margins and customer service come together to create business excellence.

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The pros and cons of flexible working – driven by cloud technology Image

The pros and cons of flexible working – driven by cloud technology

July 26, 2017

The rise of mobile and cloud technology has made the possibility of flexible working a reality for many businesses and their employees.

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When the growing gets tough

July 11, 2017

With continually squeezed margins resulting in the ever-present need to do more with less, set against a backdrop of ongoing economic and political uncertainty.

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10 Hard facts about cloud accounting

June 27, 2017

When it comes to running your business, the question is not why move to the cloud, but when?

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How to protect your business from cyber attacks

June 06, 2017

Cyber-attacks are becoming increasingly common, with some very high profile cases hitting the news recently proving that almost any organisation large or small is at risk.

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Fuel growth with business intelligence

May 02, 2017

In today’s ever changing business environment, businesses need to be one step ahead of the competition at all times.

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7 Reasons to move to cloud accounting software

March 31, 2017

As a business in the 21st century you are up against constant pressure to operate efficiently and competitively, and technology advancements like the cloud have made it achievable.

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Key steps and dates for processing your payroll year end Image

Key steps and dates for processing your payroll year end

February 24, 2017

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.

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 On the move: mobile working is now more mobile than ever Image

On the move: mobile working is now more mobile than ever

February 08, 2017

We take a look at some areas where remote access can have significant beneficial impact.

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9 tips to improve employee engagement and happiness Image

9 tips to improve employee engagement and happiness

May 26, 2016

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.

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To the Cloud: Getting the move right

May 24, 2016

It’s impossible to escape all things cloud at the moment. And, with Gartner predicting the global market for cloud will reach $240 billion by 2017.

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Monitoring and managing employee absenteeism during the summer Image

Monitoring and managing employee absenteeism during the summer

May 24, 2016

It’s the time of year when unplanned absence might be on the increase among your employees.

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The rise of the virtual payslip Image

The rise of the virtual payslip

April 12, 2016

Auto enrolment isn't the only big thing affecting payroll functions throughout 2016. As many businesses strive to drive efficiency savings, we look at how e-payslips can help.

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Auto enrolment set-up costs: don’t get caught out Image

Auto enrolment set-up costs: don’t get caught out

January 06, 2016

Since going live on 1 October 2012, auto enrolment has seen 5.4 million people automatically enrolled in a workplace pension scheme.

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Time tracking made easy Image

Time tracking made easy

November 13, 2015

When it comes to monthly pressure points for any business, high up on the list has to be payroll.

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Cloud computing - to adopt or not? Image

Cloud computing - to adopt or not?

July 15, 2015

In May's blog we considered why Cloud Computing for business and accounting software was a more suitable option than that of traditional on-premise software.

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