Chartered accountants Rickard Keen has launched a web-based accounting system which will give them direct access to client's financial information.

The firm, which has offices in Basildon and Southend, will be using online financial software providers, KashFlow, to provide the link between clients and accountants. The software allows multiple users to access information simultaneously to give real time figures.

The latest move means clients of Rickard Keen no longer have to submit financial data on a quarterly or annual basis but allows accountants to access the information regularly.

The move will make it easier for accountants at the firm to provide real time advice as opposed to advice based on historical data.

Darren Clarke, manager of Rickard Keen's small business unit, said: 'The main difference with this system is we can access everyone’s data remotely and review their finances on a more timely basis, rather than waiting to receive their manual records.'

'It’s also a quicker turnaround when completing the client's year end accounts, because the information is already in a suitable format for us to review and use' adds Clarke.

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