Category: Accounting & ERP
From 3 Hours to 3 Minutes: Transforming Payment Processing for Accounting Firms
What You Will Discover: The reality of modern accounting practices reveals a significant challenge: UK accounting firms spend an average of 2.5 hours daily on payment processing tasks. This translates to 650 hours annually spent on processes that modern open banking APIs can handle in minutes. As technology budgets tighten and talent costs increase, forward-thinking…
Supercharge Your Payment Collections with Accounts Receivable Automation
What You Will Discover: Introduction: In today’s fast-paced business landscape, efficient cash flow management is the lifeline of any thriving organisation. However, many UK businesses find themselves tangled in a web of manual accounts receivable (AR) processes that drain resources, hinder productivity, and stunt growth. This blog post unveils the transformative power of AR automation…
Manual Reconciliation vs Automation: Save Upto 60+ Hours Monthly
What You Will Discover: It’s 2 PM on a Sunday. Sarah, the Financial Controller at a growing tech firm in Manchester, is surrounded by Excel sheets, reconciling hundreds of transactions. This isn’t how she imagined spending her weekends when she took the role. Sound familiar? For countless mid-sized firms across the UK, weekend reconciliation has…
Payment Processing Fees: How Accounting Firms Can Save Upto 90%
What You Will Discover: A comprehensive payment processing fees comparison for accounting firms reveals that practices are losing thousands of pounds annually to unnecessary transaction costs. With Finexer’s Open Banking API, forward-thinking firms are cutting these costs by up to 90%. Picture this: It’s January, and your accounting practice is processing hundreds of tax season…
Small Accounting Firms’ Guide to Instant Payments Collection
What You Will Discover: In the quiet hours after closing another client’s books, many small accounting firm owners face an ironic reality: while they excel at managing their clients’ finances, their cash flow remains trapped in a delayed payment cycle. Recent research from Accounting Today’s Practice Management Report reveals that small accounting firms wait an…
Get Paid Faster: Connect Xero with Finexer Payment Solutions
What You Will Discover: In today’s fast-paced business world, efficiency and automation are key to success. For accounting professionals, streamlining financial processes and reducing manual tasks can lead to significant time and cost savings. This is where the integration of Xero, a powerful cloud-based accounting software, with Finexer’s Open banking payment solution, comes into play.…
Free Accounting Software for Startups in the UK
What You Will Discover In today’s fast-paced business environment, choosing the right accounting software isn’t just about keeping books but building a foundation for growth. With the UK’s Making Tax Digital (MTD) initiative and evolving financial technology landscape, startups need cost-effective and future-ready solutions. Why Free Accounting Software Makes Sense for Startups The UK startup…
Open Banking for Accountants
What You Will Discover Accounting firms stand at a pivotal crossroads in a world where digital transformation is reshaping every industry. Picture an accountant’s typical Monday morning: downloading countless CSV files, manually matching transactions, and spending hours reconciling accounts. Now, imagine those tasks happening automatically while they focus on strategic advisory services for their clients.…
7 Top-Rated ERP Systems for UK SMEs in 2025
Get Paid with Finexer Connect with 99% of UK Banks and Scale Your Business without Limits Try Now Enterprise resource planning (ERP) is a software system that helps you run your entire business, supporting automation and processes in finance, human resources, manufacturing, supply chain, services, procurement, and more. Introduction In the fast-moving world of UK…
Unlocking Open Banking for Accounting and ERP Systems
Open Banking is a financial services model that allows third-party developers to access financial data in traditional banking systems through application programming interfaces (APIs). This model completely changes the way financial data is shared and accessed. What You Will Learn From This Blog 🗸 The fundamentals and historical evolution of Open Banking. 🗸 How integrating Open…
Top 19 Payroll Software Solutions for UK SMEs in 2025
Payroll Software is an on-premises or cloud-based solution that manages, maintains, and automates payments to employees. Robust, integrated, and properly configured payroll software can help organizations of all sizes maintain compliance with tax laws and other financial regulations, and reduce costs Navigation Table 1. Xero Payroll Xero Payroll Features Xero Payroll Pricing Xero Payroll Pros and…
Open Banking: A New Era for Payroll and Invoicing Management
A payroll invoice is a formal document issued by an employer to an employee, detailing the wages or salaries earned by the employee for a specific pay period. It serves as a summary of the employee’s compensation, including basic wages, overtime, bonuses, commissions, and various deductions, such as taxes, Social Security contributions, and employee benefits.…