{"id":5846,"date":"2023-08-01T11:11:55","date_gmt":"2023-08-01T11:11:55","guid":{"rendered":"https:\/\/www.georgehay.co.uk\/blogs\/?p=5846"},"modified":"2023-08-01T11:11:55","modified_gmt":"2023-08-01T11:11:55","slug":"digital-accountancy-show-2023-what-did-we-learn","status":"publish","type":"post","link":"https:\/\/www.georgehay.co.uk\/blogs\/2023\/08\/digital-accountancy-show-2023-what-did-we-learn\/","title":{"rendered":"Digital Accountancy Show 2023: What did we learn?"},"content":{"rendered":"<p>The <strong><span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/digitalaccountancy.com\/\">Digital Accountancy Show 2023<\/a><\/span><\/strong> took place on 15 June at Evolution, Battersea. We couldn\u2019t miss the opportunity to network and learn about the latest advancements in accounting tech.<\/p>\n<p>Our GH Online Accounting division offers an outsourced bookkeeping and cloud advisory solution, using market-leading software and the latest Apps and digital tools to help our clients achieve their objectives.<\/p>\n<p>As a result, events like DAS are really important for us. New knowledge helps us to continue to develop as a practice, and to enhance our offering.<\/p>\n<p>In this blog, our team give us their summation of the day and what they learned.<\/p>\n<h5>The right ecosystem of apps and tools for every client<\/h5>\n<p>Kevin Taylor, Accountant at George Hay, commented: \u201cInterestingly, of 5.5 million small businesses in the UK, less than half of those are using one of the four leading software packages.<\/p>\n<p>\u201cTherefore, the opportunity to work with small businesses to not only educate them on the benefits of digital accounting, but to ensure they\u2019re getting what they need from the systems they have in place, is huge!<\/p>\n<p>\u201cOur team put a lot of time and effort into understanding what products are available, into learning about which ones lend themselves to certain businesses, and into identifying the right ecosystem of tools for each client.<\/p>\n<p>\u201cListening to some of the speakers at the Digital Accountancy Show, it was really hammered home that cloud accounting and the insight it can deliver should be an inherent part of a business\u2019s \u2018every-day\u2019 routine. Furthermore, combined with the right advisory input, it can consistently unlock value as a business grows and evolves.<\/p>\n<p>\u201cI found it fascinating to hear about how AI could change accounting. Though, I was reassured that we have the opportunity to maintain the &#8216;human touch&#8217; by getting creative, and continuing to build great relationships with clients.\u201d<\/p>\n<h5>Switching cloud accounting software<\/h5>\n<p>Sarah Kenyon, a key member of our bookkeeping and cloud advisory department, commented: \u201cDAS was great again this year. It was fast-paced as always, but gave us so much food for thought.<\/p>\n<p>\u201cSome clients see cloud accounting as this colossal, daunting thing that it doesn\u2019t have to be. It all boils down to helping them to better understand their business, and to manage its performance flexibly.<\/p>\n<p>\u201cOne talk I attended emphasised the idea that one software may not fulfil the needs of a business forever. We, as advisers, play a crucial role in the \u2018switching\u2019 process by helping clients to identify what they want and need from a new platform.<\/p>\n<p>\u201cI enjoyed meeting vendors at DAS, and finding out how they are innovating to support businesses. We&#8217;ll be investigating a few products, to see if we can build them into our offering.&#8221;<\/p>\n<h5>AI and the evolution of accountancy<\/h5>\n<p>Associate Partner Samantha Green was impressed by the evolution of the event: \u201cIt was another fantastic year at the Digital Accountancy Show. It\u2019s great to see the show evolve each time we return, and I particularly enjoyed the focus on AI.<\/p>\n<p>&#8220;I was pleased to meet with suppliers we know well, as well as those up and coming in the marketplace.<\/p>\n<p>There were some fantastic talks throughout the day from colleagues in the industry. I\u2019m looking forward to seeing how our firm can benefit from the learnings we brought back with us.\u201d<\/p>\n<h5>Bookkeeping and cloud advisory support from GH Online Accounting<\/h5>\n<p>Is bookkeeping becoming a chore? If, as your business grows and evolves, you are feeling frustrated about financial administration, it could be time to outsource.<\/p>\n<p>Our <a href=\"https:\/\/www.georgehay.co.uk\/our-services\/outsourced-services\/gh-online-accounting\/\"><span style=\"color: #ff9900;\"><strong>bookkeeping<\/strong><\/span><\/a> and <a href=\"https:\/\/www.georgehay.co.uk\/our-services\/cloud-accounting\/reporting-and-advisory\/\"><strong><span style=\"color: #ff9900;\">cloud advisory<\/span><\/strong><\/a> services are designed to help you streamline the processes that keep your business ticking. Our objective is to help you understand how sustainable your finances are, and to better manage your business.<\/p>\n<p>To talk to us about your requirements, or to arrange a free initial consultation, <a href=\"https:\/\/www.georgehay.co.uk\/contact-us\/\"><span style=\"color: #ff9900;\"><strong>contact<\/strong><\/span> <strong><span style=\"color: #ff9900;\">us<\/span><\/strong><\/a> today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Digital Accountancy Show 2023 took place on 15 June at Evolution, Battersea. We couldn\u2019t miss the opportunity to network and learn about the latest advancements in accounting tech. Our GH Online Accounting division offers an outsourced bookkeeping and cloud<\/p>\n","protected":false},"author":18,"featured_media":5849,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[240,3,547,850,200,546,7,640,90,572,519,6,125,229,879,658,239,618,394,599,548,771,70,876,617,667,314,770,301,79,739,740,616,230,772,757],"tags":[21,826,318,881,501,880],"class_list":["post-5846","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academies","category-accounting","category-annual-accounts","category-bookkeeping","category-business","category-business-advisory","category-business-support","category-cash-flow","category-charities","category-charity-accounting","category-construction","category-business-news","category-employers","category-george-hay","category-gh-online-accounting","category-hospitality","category-industry-sectors","category-large-businesses","category-legal","category-online-accounting","category-outsourced-services","category-professional","category-property","category-property-business","category-research-development","category-retail","category-samantha-green","category-scientific","category-self-employed","category-small-businesses","category-smes","category-sole-trader","category-start-ups","category-team-member","category-technical","category-travel","tag-accounting-software","tag-apps","tag-bookkeeping","tag-business-performance","tag-cloud-accounting","tag-digital-accounting"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Digital Accountancy Show 2023: What did we learn? 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