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Rob Mathieson

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Articles

Recent activity by Rob Mathieson

  • Open Banking

    Introduction Open banking is the practice that provides third-party financial service providers open access to banking, transaction and other financial data from banks and non-bank financial instit...

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  • Bank Reconciliation

    Introduction Bank Reconciliation (Bank rec) is the process by which the bank account balance in an entity’s books of account is reconciled to the balance reported by the financial institution in th...

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  • Bank Feeds

    Introduction Bank feeds are data connections that allow you to automatically download incoming and outgoing transactions from your bank account to your accounting software. You can then work with t...

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  • Supplier Account Management

    Introduction Traditional processes for managing supplier data as part of the procurement process are inefficient, time-consuming, and error strew. Cloud-accounting solutions can help automate and s...

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  • Purchase Invoicing

    Introduction Purchase invoicing is an inefficient and frustrating task within any organisation. Cloud solutions can help integrate, streamline, and automate the end-to-end process, as well as provi...

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  • Construction in Progress

    Introduction Construction in Progress (CiP) can be a challenging area to track in traditional finance systems, which may lack the flexibility to apply costs to an asset or overall project, leading ...

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  • Depreciation

    Introduction Once an organisation has an accurate record of its assets and their current value, the next step is to keep those values up to date by allowing for depreciation. Often, accounting syst...

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  • Asset Tracking

    Introduction In many businesses, asset tracking is vital, and yet so many systems do not have this function.  Cloud accounting allows the recording of and tracking of assets, and because data is ma...

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  • Fixed Asset Register

    Introduction Recording assets seems like a very straightforward idea, but so many systems have either no scope for this or, have a fixed asset module which is a list of assets, with no detailed inf...

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  • Aged Debtors

    Introduction Viewing aged debt is essential to the liquidity health of any business. It is a manual and time-consuming process. However, with improved Payment Receipt and Credit Control processes y...

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