Isosceles News

As we move into an age where artificial intelligence is less like something from a science fiction novel and more like a viable means to improve business, the time of calculations carried out laboriously using pen and paper is thankfully well and truly gone. Starting with the introduction of software applications like VisiCalc in 1978 and QuickBooks in 1998, the finance function has gradually moved away from manually calculated spreadsheets … Continue reading →

“When should I outsource accounting?” is a crucial question that entrepreneurs may consider in their business’ early stages of growth and development. With the current business environment presenting serious challenges for businesses of all sizes, entrepreneurs may be looking to outsource their finance function or elements of it to grapple with the impacts of the global pandemic compounded by the conclusion of Brexit negotiations. In this blog, we outline how … Continue reading →

Entrepreneurs may want to outsource accounting at this challenging time to concentrate on revenue-generating activities, growing the business and navigating the stormy months that lie ahead. In this blog, we outline the mechanics of how a business can outsource accounting and explain how specialists, like Isosceles, can support early-stage and growing businesses with a professional, durable and appropriate part of the finance function. A quick scan around the internet and … Continue reading →

An interim FD is very similar to a part-time FD, but there are a few subtle differences. A part-time FD works with growing businesses on a long-term part-time (a day a week or a day a month, for example)  basis. They support companies who need the insight of an FD but cannot justify a full-time resource. An interim FD is temporarily engaged to deal with a particular situation For example: … Continue reading →

Isosceles’ biotechnology and life sciences clients active in the COVID-19 space have devoted resources to the production of vaccine candidates, development of tests and analysis of data. As the battle for a vaccine continues in earnest, we explore the work of Isosceles’ biotechnology and life sciences clients. Estimated reading time: 3.5 minutes   Sector: Biotechnology Synthace: Harnessing the latest software COVID-19 has caused a structural shift in how research labs … Continue reading →

The world of accounts outsourcing is changing rapidly As providers of accounts outsourcing to growing technology companies, we are seeing an increase in the number of exciting and innovative accounting tech startups seeking our services to help them to scale. This sector includes online book-keeping, expense management, planning and tax software solutions. With the investment community readily investing in UK accounting tech companies (like the ones below), the disruption of … Continue reading →

Estimated reading time: 4:00 minutes Technology is transforming the way finance departments in small and medium-sized businesses (SMEs) operate. Cloud computing, big data and automation are revolutionising this core department, irrevocably augmenting how finance professionals are now analysing every aspect of business performance. As efforts to embrace and integrate the latest trends gather pace, we explore how technological progress is reshaping the future of the department. Before the convergence of … Continue reading →

Managing Cash flow is often easier said than done Managing cash flow during the early-revenue generating years is often easier said than done, and poor cash flow management can quickly bring a business to its knees – even a profitable one! This is especially so in the challenging times we face right now with Brexit and COVID-19. Related article | Coronavirus how to manage cash flow and working capital Increasingly our … Continue reading →

Many of us pay our day-to-day bills using direct debits. These types of payments mean we don’t forget, and it makes life easy. However, our ability to assess the quality of the product or service and measure it against our expectations before choosing to pay (or not!) is gradually being eroded. The flip side is that when we have the opportunity of true discretionary spending, our expectations are significantly sharper … Continue reading →

Making Tax Digital (MTD) is a huge change in the way businesses (and individuals) report tax and is still a source of concern for many businesses. MTD is a government initiative aimed at simplifying the way businesses report their income, expenditure and taxes; making it easier for businesses to get their tax right and keep on top of their affairs. HMRC introduced MTD, Making Tax Digital for VAT, on 1 … Continue reading →