Accountancy Age’s Post

In this article for Accountancy Today, Bas Kniphorst, Executive Vice President and Managing Director of Wolters Kluwer Europe, looks at the transformative power of tax and accounting tech for Europe’s SMEs. Kniphorst discusses how technology can turn accountants, once compliance specialists, into comprehensive consultants, providing opportunities for growth. Read now: https://lnkd.in/daUWxVCj #Accounting #WoltersKluwer #WKUK #AccountingTech #Technology #Growth

🌐 Embracing E-Invoicing in Sweden: A Step Towards Efficiency and Better Business Performance Explore how E-Invoicing is transforming business practices in Sweden. Gain insights into its advantages, user-friendliness, and compliance with Swedish norms. Read our article for detailed guidance on transitioning smoothly to E-Invoicing here: https://lnkd.in/d9yv4ADJ #accounting #einvoicing #swedishbusiness

At Dext, we aim to support automation and are dedicated to sharing top tips on how to get it right. 😎 Leavitt Walmsley Associates Ltd (LWA). Chartered Certified Accountants shared with us the challenges of not having a streamlined accounting process for one of their clients. Take a read through the case study linked below to find out how LWA Ltd used Dext Prepare to make a significant impact and help their clients business grow. 📈 https://lnkd.in/ezEfURpF

Our latest blog post follows the day-to-day life of a fictional #intercompany accountant. Julio works for a firm that hasn’t streamlined its intercompany processes. As a result, Julio’s job is extremely difficult. But things turn around for him in a big way. Learn how the organization's decision to adopt BlackLine’s intercompany solutions improved Julio’s life and intercompany operations throughout the enterprise. https://bit.ly/4bt147E

Handling VAT tax compliance across Europe is complicated. Spreadsheets and manual processes put SMBs at risk of errors and penalties. That's why online invoicing platforms built for Europe like Invopoint are essential. Invopoint centralizes billing with automated VAT rate application, multi-language invoices, recurring billing, robust reporting, and more. We simplify VAT reporting so you can focus on your business, not wrestling with spreadsheets formulas. Whether you're just starting out or are an established European SMB struggling with tax compliance, see how Invopoint's VAT Invoice Manager can help your business today. Medium post : https://lnkd.in/esBcnxHV #invoicingsoftware #VAT #taxcompliance #SMB #automation #billing

What's your global e-invoicing strategy? Three reasons why you should start (re)evaluating your e-invoicing strategy today: - Rapidly changing e-invoicing mandates - Innovation within the accounting department - A vendor ecosystem that is not sustainable Would you like to learn more? Read the full article at electronicinvoicing.global #indirecttax #einvoicing #strategy https://lnkd.in/eQepdBwK

(Story in the comments): When accounting and professional services firm Aprio announced last week it is selling a "substantial" stake in its business to private equity firm Charlesbank Capital Partners, it wasn’t a surprise to those in the field. “The number of accounting firms that are going through private equity financings right now is truly historic,” said John Yates, chairman and partner at Morris, Manning & Martin, LLP. Additional funds from PE could be transformative for accounting and professional services firms such as Aprio during a time when the industry is experiencing a shortage of new talent and new technologies such as gen AI are coming online. However, there are potential drawbacks to be aware of when it comes to these deals that could impact these firms as well as their clients with respect to company culture, conflicts of interests and new regulatory oversight. “It's not right for every business owner and every firm, and it's a hard decision from the folks that I've talked to,” said Gloria Kantor, vice president of operations at the Association for Corporate Growth (ACG). Here's more on what could be in store for Aprio and other accounting and professional services firms that are getting into PE deals (Story in the comments):

As a proud Board Member at Invopoint 🙌, I've witnessed first-hand the immense value our all-in-one VAT Invoice Manager brings European SMBs. We built Invopoint's automated multi-language billing and reporting technology 💻 specifically to handle the complex overseas tax compliance needs these businesses face when selling internationally. Our mission is to dramatically simplify confusing VAT rules and filings so fast-scaling companies can avoid common invoicing mistakes and reduce audit risk exposure. I'm thrilled by what we've built - a centralized platform that provides customized invoices and accounting integrations to over 5,000 customers and counting! 📈 So whether you're still wrestling with error-prone spreadsheets, surprised by hidden VAT charges, or wasting hours on manual reporting every month, Invopoint offers a next-gen solution purpose-built for Europe's regulatory needs. As policies and laws progress, we remain laser focused on constant platform innovation so our customers can confidently sell and operate across borders. 🇪🇺 I encourage my fellow Directors and Finance Officers to experience first-hand how Invopoint is modernizing international SMB growth. See for yourself the power of fully automating VAT management - it's a gamechanger! We're happy to provide free tailored demos - connect with me to learn more about our platform. 🤝 The future is bright for European business with dedicated compliance tools like Invopoint supporting continued economic expansion. 💡 Free Plan : https://lnkd.in/eBUwJrKJ Tags : #invoicingsoftware #VAT #taxcompliance #SMB #automation #billing

Here's an interesting IPO from an online accountant and accounting software maker that targets SMEs whose own books are being opened to investors

Transform your law firm's billing process with the power of digital invoicing! Discover how CoreMatter can streamline your operations and ensure compliance with tax authorities. Read our latest blog to learn how digital invoicing provides real-time validation, speeds up tax filing, and enhances financial reporting. Take advantage of this game-changing technology! Click the link below to read more. https://lnkd.in/g3eisDiE #CoreMatter #LawFirmBilling #EInvoicing #LegalTech #TaxCompliance #ClientSatisfaction #FinancialEfficiency #LawPracticeManagement