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Cloud Accounting for the 21st Century, 22nd September 2011 at Mimecast, organized by CloudAdvocates.com. The seminar was intended to cut through the jargon to dispel and debunk some of the myths that distort decisions on the benefits of the Cloud. It coveedr advantages, perceived disadvantages, benefits, practicalities and last but in no way least, costs and commitments. Speakers included well known blogger/analysts Dennis Howlett and Phil Wainewright, tax specialist Mark Lee, cloud specialist David Terrar and blogging accountants Richard Messik and Philip Woodgate. Here are the various presentations.
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The state of the rest of Cloud Software landscape
for accountants
David Terrar – Cloud Advocates & D2C
at Mimecast, London – 22nd September 2011
Accounts preparation
over 75 cloud accounting solutions in the UK
Cloud based CRM
Plenty of options, time & billing, project
Cloud based Payroll
Options from MyPaye to ADP
Cloud based Document Management
Cloud or hosted, simple docs to work flow
What about the rest?
• Final accounts production
• Tax
• iXBRL
• Invoicing
• Time & billing
• Project accounting
Why only bits of solutions?
• Regulatory issues, data security, Patriot Act• Final accounts are for the tax man and legal
eagles – the client’s not interested• Management accounts is where the action is• No fully integrated solutions yet• Time vs. Fixed price • Resourcing a project• Need to handle Barely Repeatable Processes
What do you want your practice to be?
