How we have helped our clients

Client Example: Electrical Contracting Business

The situation

An electrical contractor wanted to expand its operations and also needed to become MTD (Making Tax Digital) compliant. MTD is the government’s initiative to implement a fully digital tax system in the UK, whereby taxpayers keep digital records and use MTD-compatible software to make tax submissions electronically.

The challenges

While the company was using already using cloud software, it wasn’t MTD compliant. Furthermore, although the client was keen to grow and expand, the system they were using simply didn’t generate the type of meaningful data and reports necessary to give them the information they needed to work out how to grow and what areas to invest in.

There was also an issue around the best use of employees’ time. Straightforward and relatively mundane tasks in areas like record keeping and data entry were still being carried out manually, taking up time and straining workforce productivity.

Our solution

The solution involved introducing the client to a new cloud solution, Xero. Being recognised by HMRC, it automatically solved the MTD quandary. It also enabled the company to manage their finances from anywhere. It's less expensive than many other solutions on the market and doesn't charge extra for additional users, which is a great option for a business that wants to grow.

After working with the client on what further efficiencies would really help them, we decided to add a couple of other pieces of software. The first, Dext, which automates repetitive and dull manual data entry tasks. It enabled the client to electronically capture and store receipts, invoices, and other supporting documents that a business depends on to ensure they keep accurate and secure financial records.

The second, Deputy; a cloud-based human resource management (HRM) solution that provides employee management and scheduling functionalities.

The outcome

The client is now armed with data that is going to help them achieve their medium and long-term plan of expansion and growth as well as bolstering efficiency, and productivity, lowering costs and helping them improve the quality of their products and services.

Cloud solutions has assisted:

Year on year 20% increase in turnover since we’ve started producing cloud reports – which will continue to grow throughout 2023
The turnover increase has allowed the client to take on an additional member of staff to allow the directors more time to focus on growing the business further.