Autumn Budget 2025: What You Need to Know
by Grenfell James
Autumn Budget 2025: What You Need to Know Date: 26 […]
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Autumn Budget 2025: What You Need to Know
by Grenfell James
Autumn Budget 2025: What You Need to Know Date: 26 […]
National Minimum Wage Increases & Salary Sacrifice Impact
by Grenfell James
Your accountant could be your biggest business ally—if you let them.
Discover how to turn a transactional relationship into a strategic partnership that drives growth, boosts efficiency, and helps your business thrive.
Are you asking the right questions? Find out more.
Making Tax Digital for Self-Assessment: What’s Changing in April 2026?
by Grenfell James
Making Tax Digital for Self-Assessment: What’s Changing in April 2026?
by Grenfell James
From April 2026, significant changes are coming to the way self-employed individuals and landlords in the UK report their income to HMRC. The government’s Making Tax Digital (MTD) initiative aims to modernise the tax system, making it more efficient and easier for taxpayers to get their tax right.
National Minimum Wage Increases & Salary Sacrifice Impact
by Grenfell James
Your accountant could be your biggest business ally—if you let them.
Discover how to turn a transactional relationship into a strategic partnership that drives growth, boosts efficiency, and helps your business thrive.
Are you asking the right questions? Find out more.
Working Smarter With Your Accountant
by Grenfell James
Your accountant could be your biggest business ally—if you let them.
Discover how to turn a transactional relationship into a strategic partnership that drives growth, boosts efficiency, and helps your business thrive.
Are you asking the right questions? Find out more.
Cash Flow Under Construction for Financial Resilience
by Grenfell James
Essential Strategies for Managing Cash Flow Challenges in the Construction […]
Why You Should Outsource Accounting to the Pros: It’s Time to Work Smarter, Not Harder.
by Grenfell James
Why You Should Outsource Accounting to the Pros: It’s Time to Work Smarter, Not Harder.
by Grenfell James
You’re a busy business owner, trying to juggle every aspect of your business—we get it. Between managing daily operations, keeping customers happy, and planning for growth, handling your finances can feel like just one more thing on a
The Official GJ Guide to Accounting Technology
by Grenfell James
We get it—decisions need to be made quickly in today’s fast-paced business world. Real-time information is crucial for making smart choices and staying ahead of the curve.
That’s why we’ve done the research, so you don’t have to!
Check out
Advance Payment Schemes and VAT on Private School Fees Explained
by Grenfell James
Advance Payment Schemes and VAT on Private School Fees Explained
by Grenfell James
As the proposed 20% VAT increase on private school fees […]
Grenfell James Technology Adoption Index
How does your business perform against others adopting financial tech? Find out with our interactive diagnostic:
1.
How does your business receive invoices?
A)
Invoices are mainly received in paper form
B)
Invoices are mainly received by email
C)
Invoices are emailed then automatically forwarded to a designated mailbox
2.
How are purchase invoices processed?
A)
Invoices are entered manually
B)
Invoices are attached to manually raised invoices
C)
Automated software (e.g. ReceiptBank, 1Tap, HubDoc etc) collates invoices
3.
How are accounts processed?
A)
Using Excel/paper-based
B)
Using Computer-based, offline software
C)
Using cloud-based accountancy software
4.
How often is business data revised?
A)
Data is updated annually
B)
Data is updated quarterly
C)
Data is updated monthly or more often
5.
How is banking updated for your business?
A)
Banking is updated manually
B)
Banking is updated by imports
C)
Banking is updated via a live feed
6.
How are bank payments made?
A)
Bank payments are manual
B)
Bank payments are made using bulk imports
C)
Bank payments are made directly via accounting software
7.
How are bank receipts reconciled?
A)
Receipts are chased and reconciled manually
B)
Receipts are chased and reconciled automatically
C)
A third-party platform is used to chase debts and collect fees
8.
How often are management reports produced?
A)
No reports are provided
B)
Reports are provided but often too late to be valuable
C)
Reports are automated with real-time information
Score 8-12:
Curious Exploration
Your financial technology phase is Curious Exploration
% of respondent businesses are in this phase too.
Switching accountancy systems may seem like an upheaval, but can be much more straightforward than most businesses imagine. From talking to our clients, they have found moving from paper invoicing and desktop-based accounting software to the cloud and apps quickly makes the transition process a worthwhile investment of time. Digital accounting solutions bring in streamlined processes, up-to-date business data and greater confidence in the accuracy of information when making financial decisions.
Grenfell James works with your team to fully assess the needs of your business and minimise the impact of any transitions for solutions we recommend.
Score 13-19:
Measured Discovery
Your financial technology phase is Measured Discovery
% of respondent businesses are in this phase too.
Once cloud accountancy software is in place, there’s still plenty of scope to improve your accountancy processes and make sure your business is maximising the benefits of adopting a digital accounting solution. Grenfell James assesses each business to understand how any implemented solutions are being used, identify areas for improvement and the needs of the business overall to support your business goals and achieve success.
Our team of experts can discuss a range of time-saving automation and get different apps and cloud-based solutions talking to create and manage a digital accountancy eco-system to help your business grow.
Score 20-24:
Bold Innovation
Your financial technology phase is Bold Innovation
% of respondent businesses are in this phase too.
You know the benefits of accounting technology and the impact it can have on your business goals. If you want to take it a step further, our team can conduct a systematic review of your processes, apps and business goals to ensure your digital accountancy ecosystem is keeping pace with the changing needs of a growing business.