It will also help them analyse financial data in real-time to better understand how the business is performing and ‘alleviate the pain’ of budgeting and forecasting activities.
Paul Coleman, CEO of Systems Union, said: ‘The launch is very significant as it is the only fully-integrated financial management, reporting, budgeting and forecasting application available globally for the mid-market from one software vendor.’
The new software is targeted at mid-market companies worldwide ‘giving them a comprehensive spectrum of sophisticated functionality that was previously available only to large enterprises at a high cost’, according to Systems Union.
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia