SandMartin Blogs
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26 Aug 2020HMRC announces Making Tax Digital Next Steps Alongside the Finance Bill 2020-21 draft legislation, the UK government has released various aspects of an ambitious ten-year strategy to create ‘a tax system fit for the challenges and opportunities of the 21st century’, putting significant focus on real time reporting of tax and adopting cutting edge technology …
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24 Jul 2020Is your Outsourcing Provider Vulnerable to Cyber Risks? The scope of cyber risks is significantly expanding. Reports across the world suggest that as more people work from home during the Coronavirus pandemic, cyber security attacks have increased multifold. The Hill explains that the FBI’s Internet Complaint Center has received over 3,000 to 4,000 cybersecurity complaints …
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23 Jul 2020The COVID-19 pandemic has created a truly unprecedented situation that affects us all, while accountants are the ones trying their best to save businesses and restore economic normalcy. Under the Coronavirus Job Retention Scheme (CJRS), UK accounting firms have been swamped with the claims work being carried out for clients in respect of furlough pay …
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06 Jul 2020Outsourcing – A Key to Growth for US Third-party Administrators During the Crisis Covid-19 has posed a new set of challenges for US Third Party Administrators. We recognize that TPAs are undertaking some difficult decisions regarding their workforce, claims administration and client consulting. Overwhelmed with the influx of work related to new and existing benefit …
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06 Jul 2020The Past. The Present. The Future. SandMartin is embracing the challenges of UK Accounting Industry reforms and has the resources required to help small to large sized accounting firms thrive in these new conditions. Accountants are working long hours in processing furlough claims work and responding to the perpetual client queries about Government-backed financial support …
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01 Jan 2018What’s Cloud Accounting? The cloud is a platform to make data and software accessible online anytime, anywhere, from any device. The word cloud (also phrased as “the cloud”) is used as a metaphor for “the Internet,” and it means “a type of Internet-based platform,” where different services — such as servers, storage and applications — …
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30 Dec 2017Increasingly, companies are leaving behind the use of desktop application or web applications hosted on premises in favor of hosting their solutions in a cloud based platform. The Cloud outsourcing market will grow with leaps and bounces in a year as customers are becoming more knowledgeable and demanding for fast access to the information whenever and wherever. …
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26 Dec 2017In today’s unpredictable economy, while dealing with budget cutbacks and dramatic fluctuations in the market, CEOs and executives have realized the importance of focusing on the core business of the company and letting others handle the other non-core functions of the business. With the tightened financial strings worldwide, It is no longer news that outsourcing …