How can Accounts Payable Automation help SMEs to survive? | Event | CGMA Store
How can Accounts Payable Automation help SMEs to survive?
LIVE

Virtual

27 January, 2021

12:00 pm - 1:00 pm GMT

Event

How can Accounts Payable Automation help SMEs to survive?

Location: Virtual

  • Format

    Event

  • Type

    Conference

  • Duration

    1hr

The Accountants are on the front line to help SMEs through these difficult times but this is not enough: they will need to rely on the easiest and most powerful technologies, to reduce financial risks, avoid late payments and respect regulatory constraints.
In this webinar you will see how AP automation solutions which blends the highest automation rate with extreme simplicity are the corner stone of SME’s survival plan.

Full description

Product information

Overview

Professional development

All learning resources available in the CGMA Store qualify for CPD for CIMA members.

Duration:1hr
Format:Event
Access:This is a live event. You will receive information about the location, materials, and attendance after purchasing.

Return and refund policy

Programme outline

Preparing the Accountant of Today

The rules have changed in 2020 and will get much tougher in 2021 for SMEs due to uncertain and risky context: Covid, Brexit, regulatory changes such as MTD.

Given their characteristics, SMEs are the lifeblood of UK economy and yet they are particularly vulnerable:

  • Recent studies show that they keep tracking down late payments worth more than £50bn.

  • 80 percent of SMEs say their revenues are declining2 due to effects of Covid-19

  • Although Making Tax Digital is in place, 32% still rely on paper accounting, leading to filing mistakes.

The Accountants are on the front line to help SMEs through these difficult times but this is not enough: they will need to rely on the easiest and most powerful technologies, to reduce financial risks, avoid late payments and respect regulatory constraints.

In this webinar you will see how AP automation solutions which blends the highest automation rate with extreme simplicity are the corner stone of SME’s survival plan.