Armalytix Press – Finance Digest How Accountants can improve financial planning to help SMEs
Richard McCall, CEO of Armalytix, explains why Britain’s army of small businesses face a challenging road navigating the hurdles of tax deferrals, loans, and uncertain growth. Richard argues Open Banking is an invaluable tool that businesses and their professional advisors should use to get fast access to up-to-date financial information that helps maximise the upside of the recovery.
FINANCEHow accountants can improve financial planning and results through Open Banking to help SMEsHow accountants can improve financial planning and results through Open Banking to help SMEs
Richard McCall, CEO of Armalytix, explains why Britain’s army of small businesses face a challenging road navigating the hurdles of tax deferrals, loans, and uncertain growth. Richard argues Open Banking is an invaluable tool that businesses and their professional advisors should use to get fast access to up-to-date financial information that helps maximise the upside of the recovery.
The House of Commons library recently reported that, of the 5.98 million businesses in the UK, 5.97 million have less than 250 employees and 5.7 million have less than 10. This indicates the extent to which Britain remains a nation of small businesses.
