There are many resources which businesses need to make the most of in order to thrive in today’s market. But one area which is routinely overlooked by entrepreneurs everywhere is data. For a huge number of small and medium businesses, data is actually one of their primary assets. To ignore [...]

Every CEO will say their decision making is driven by data (and a bit of gut instinct). Despite their best intentions, data-driven decision making in SMEs is often far away from that reality. A mixture of cost, technological and time barriers have up until now prevented these CEOs from gaining [...]

We are certainly on the cusp of a fourth industrial revolution which will change the way in which we all work. Whilst with the past three industrial revolutions, technology changes have been disruptive, they have not been net destroyers of job roles. Does AI promise this?  A mixture of cost, [...]

Garbage in, garbage out – for that reason, see below my hints and tips for quick wins with your Sage 50 data. 1. Mark old products, customers and suppliers as inactive To both stop posting transactions to these areas, mark as inactive and you can stop them being displayed on [...]

Dashboard Reporting stops the monotonous combining and extracting of data that makes evidence-based decision making so costly, time-consuming and inaccessible. “I’m sure you’ve heard the buzzwords before… but what exactly is ‘Dashboard Reporting’ and how can it tangibly help you meet your business objectives?” “Dashboard reporting is a visual representation [...]

It is a widely held belief that cash is king in business. I believe it is a myth that if there is cash in the bank then the business is performing well. Imagine that you are a wholesaler and you sell something today at a loss. Your customer’s terms are [...]

So in my first job in practice (back in 2001) I was indoctrinated with Sage Line 50 (as it was known) as the go-to accounting software. One of my very first tasks was to set up Sage with a then small rural business in Norfolk, which has grown over the [...]

We are often told that Business Intelligence, Business Analytics or Management Information is something which large corporates “do”. Historically, it has been the large corporates who have deployed large scale analytics tools to help them crunch masses of data. If you think of the systems which control Tesco’s Clubcard to [...]

So you’ve ensured you are compliant for “MTD” and all that Making Tax Digital has required you to do. That may have been moving your records to digital or more simply ensuring your records are kept up to date and recording greater detail in your accountancy software, or even migrating [...]