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Read moreWe can recommend accounting apps to you, but we are fully aware that many of you will have already implemented some form of accountancy or financial management software into your business.
So, if you’ve already got a fundamental level of accounting software – like Xero, or Sage – what are your options for integrating further software?
How can you add additional things like payroll or MTD bridging software?
We recommend you use app stacks.
Simply put, an app stack is a collection of apps built on top of an underlying infrastructure.
Think of it like a pyramid.
You have a primary infrastructure, like Xero, which serves as the basis of your business’s accounting platform.
Then, through integration, you build on top of this foundation using more tailored and specific apps.
Ones that handle specific functions – payroll, MTD, sales, R&D, etc. – can give your business a more structured and comprehensive financial management system.
The information you input into these more specific apps, when integrated correctly, trickles down into the main foundational app.
App stacking offers several advantages to your business:
We can give you advice on which apps will most benefit your unique situation, both for the fundamental software and the more specific.
Our accountants are also able to show you how to correctly utilise and integrate accounting solutions into your financial practices.
Or, if technology really isn’t your thing, we can handle much of the financial management aspects of your business for you.
This alternative – called outsourcing – would mean that you no longer need to rely on numerous apps and technologies in order to manage your accounts – we would handle it for you.
If you’d like advice on using, choosing, or integrating accounting software, please speak to one of our accountants. Or, if you’d like us to handle the responsibility for you, let us know.