Market Challenges

External pressures mean finance professionals often feel as if they are firefighting and struggling to get past day-to-day admin. They need more from their systems – more document digitisation, more process automation and more data sharing to make a positive impact on business performance.

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Strategic Consulting

Many finance teams are still caught up dealing with number crunching and staff enquiries leaving less time to provide strategic direction to enhance business growth.

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Digital transformation

Businesses are transforming the way they work to suit changing employee demands. However, the finance department is often the last to benefit and left with outdated technology that is hard to use and time consuming.

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Responding to challenges

Finance leaders often struggle to get an accurate view of data, and understand the financial health of the business, as information is pulled from Excel spreadsheets and disparate systems.

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Predicting tomorrow's issues

With increasing market instability and uncertainty, finance teams need to be prepared for future challenges. Not being able to predict your cash position and potential scenarios is a huge barrier to growth.

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Regulatory changes

With General Data Protection Regulation (GDPR) and Making Tax Digital already changing how finance teams work, who knows what Brexit and other legislative changes will bring; ensuring compliance is not a blocker to working on strategic activity.

OVER 20 YEARS' EXPERIENCE
WORKING WITH FINANCE
TEAMS

 

 

OVER 3000 CUSTOMERS
USING OUR FINANCIAL
MANAGEMENT SOLUTIONS

 

 

“We have worked with Advanced for the past seven years and its solutions have been key to helping us improve efficiencies by automating time-consuming manual processes related to financial management.”

University Hospitals of Leicester Trust

“Investing in our Advanced solution is one of the wisest investments we’ve ever made and, over the years, has helped us save thousands of pounds. Put simply, we don’t know what we would have done without it!”

Sean Evans, Financial Resource Manager

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Additional insights to help you transform

RESOURCES

  • Finance - the driving force in Cloud adoption

    Our CFO, Andrew Hicks, discusses how Cloud adoption in Finance is leading digital transformation.

    Read Whitepaper
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  • Advanced Connected CFO Suite

    Find out about our full Finance offering.

    Read Brochure
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  • The digitalisation of finance

    We’ve partnered with leading finance journalist, Kevin Reed, on this piece examining the digitalisation of the finance department and what the future holds.

    Read Whitepaper
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News & Opinions

News and Blogs Finance 36
News and Blogs Digital

Why Making Tax Digital is good for your business

Businesses have always faced a constant stream of legislation and compliance, but when this is set against the backdrop of unprecedented disruption and change caused by technology, why should we welcome the digitisation of the tax system?

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Top four tips for preparing for Making Tax Digital

As we continue to move into the digital era, naturally more government initiatives are being put in place to push businesses towards making digital-first choices. Another key example of an initative designed to embrace technological changes in the introduction of Making Tax Digital (MTD).

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