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Accounting firms: your guide to outsmarting the UK talent shortage

Accounting Insight

As the UK recruitment crisis continues to boil, we share ten practical tips to help small accountancy practices attract and retain staff. The Problem 48 %: UK finance leaders concerned about the lack of available finance and accounting talent. [i] ii] 6,500: Financial services accountancy vacancies in 2022, a 20.4%

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Eliminate Manual Work and Accelerate Accounts Receivable

CPA Practice

See how top accounting firms have reduced Days Sales Outstanding (DSO) and saved time by modernizing their payment workflow. Discover time-tested tips for accelerating your Accounts Receivable (A/R) cycle and getting paid faster.

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Accountancy websites don’t stand out from the competition

Accounting Insight

Almost three quarters of accountancy firms’ websites (72%) do not stand out positively from the competition, according to new research from Moneypenny and specialist marketing agency PracticeWeb. Additionally, the majority (86%) rank average or less for how contactable they are.

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Blockchain in accounting – what does the future hold?

Reckon

While blockchain advancement has been discussed at length for some time now – it’s now very much impacting the world of data and global finances. But what do you know about the emergence of blockchain in bookkeeping and accounting? Blockchain accounting is one such service. How can blockchain be used in accounting?

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Big Four Seek Guidance On Trade Finance

PYMNTS

Top accountancy firms are asking the Financial Accounting Standards Board (FASB) to clarify how corporates should report on supplier finance programs that are in place, according to Compliance Week reports on Friday (Oct. As the letter notes, U.S.

Finance 40
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The danger of overheard conversations

Accounting Insight

Moneypenny’s head of the finance sector Louise Wilson explains why telephone confidentiality should be front of mind. Picture the scene: a receptionist in an accountancy practice takes calls at a front desk with a seating area beside them. That’s how you create the most positive and professional client experiences.”

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New research reveals phone pet peeves costing firms business

Accounting Insight

Louise Walpole heads the finance sector at Moneypenny, which provides telephone answering and live chat support to hundreds of financial services and accountancy businesses in the UK. She said: “People want to talk to people, but poor phone etiquette is a major turn-off, and it’s costing firms business.