What are challenger banks doing differently?

What are challenger banks doing differently?

We have all heard mention of challenger banks – the likes of Tide, Monzo or Starling, but what are they doing that’s different? And are they really changing the game? Gone are the days of businesses paying in cash and cheques each week to a cashier behind...
When did you last check your data?

When did you last check your data?

There will be lots of businesses out there that have moved to cloud accounting in recent years. At the very minimum they should be benefiting from automated bank feeds and a streamlined reconciliation process, which most of the software options provide… but what’s...
More than a cashbook

More than a cashbook

It seems a long time ago that bank transactions were logged in a red cashbook. Back then, the quality of information was dependent on how neat and accurate the person writing up the book was. Over the last 15 years, fintech has enabled businesses to get up to the...
Improve cash flow with Xero’s Pay with TransferWise

Improve cash flow with Xero’s Pay with TransferWise

Xero recently announced its latest partnership with TransferWise to create a bill payment feature (Pay with TransferWise) that lets you pay your suppliers through Xero using your preferred bank account. The result? It is now easier than ever for businesses to be in...
Let your payables be paperless

Let your payables be paperless

The accounts payable function [the processing of supplier invoices] has traditionally been a paper intensive task. Not only paper intensive but labour intensive too. This is one area that can be automated, removing the need for excess paper. Advancements in financial...
Where would we be without Fintech?

Where would we be without Fintech?

As lockdown continues and the younger generation exclaim that it would be so much worse without Wi-fi/Netflix, we must wonder how any of us would have coped if this had happened ten years earlier. While this strange world that we find ourselves in is not without...