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Sage introduces new apps to support small UK construction firms
Sage , a market leader in cloud business management solutions , has announced the availability of several new apps which integrate with Sage Business Cloud Accounting .
These are designed to help small construction and trades businesses streamline business processes and navigate new domestic VAT reverse charge legislation that specifically impacts the construction industry .
From March 1 , 2021 , construction firms have had to comply with the domestic VAT reverse charge for building and construction services .
To help construction firms remain within the new legislation , several applications fully integrated with Sage Accounting , which is already domestic VAT reverse charge compliant , are now available on the Sage Marketplace .
These solutions are designed to relieve the burden of administration by automating everyday finance and people management tasks and enable small businesses in the construction industry to stay organised , keep on top of payments , have full visibility of cash flow and engage with their employees .
Tugboat Logic survey reveals the need for a strong security posture for SMB growth
SMEs face a unique set of challenges when it comes to adopting security practices , especially those that run lean .
To better understand these challenges , Tugboat Logic , a leading security assurance company , announced the results of a survey of small and medium-sized businesses and mid-market SaaS providers .
The findings showed that when SMBs set up InfoSecurity and compliance as part of their roadmap , they achieve greater customer growth and scalability .
There are many important factors for SMBs to consider when building out a business growth roadmap . A key survey objective was to identify the biggest SMB pain points . The results revealed that InfoSecurity and compliance need to be built into the SMB growth roadmap as a KPI . The survey also revealed that successful smaller organisations lead with a ‘ security-first ’ mindset .
HSBC UK launches HSBC Kinetic
Designed to make business banking simpler , faster and more intuitive , HSBC UK has announced the launch of HSBC Kinetic – a mobile-first banking service rather than a bank account with mobile features . to make business owners ’ lives easier . Available for download on both iOS and Android via the Apple App Store and in Google Play , HSBC Kinetic enables business owners to apply for an account in minutes in the app .
HSBC Kinetic will help forwardthinking small businesses work smarter at a time where they have never needed to be more agile or on top of their finances . HSBC Kinetic has been developed using insights from over 3,000 small business owners , ensuring it is designed
The app integrates with other leading small business finance solutions including accounting software from providers such as Xero , QuickBooks and Sage , to make it even easier for small businesses to run their finances 24 / 7 , all from their phone .
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