A roadmap to enhanced efficiency and competitiveness
In partnership with
As the global business landscape undergoes a seismic shift towards digitisation and reporting in real-time, e-invoicing is rapidly becoming the norm rather than the exception. The urgency to align with ever-evolving regulatory standards, including implications of the new EU e-Invoicing Directive and VAT in the Digital Age reforms (that also affect UK accountants and finance professionals), is pressing organisations to change faster than ever.
Failing to seize this transformational momentum can leave businesses grappling with inefficiencies, cost-saving oversights, and regulatory compliance pitfalls.
By navigating this complex mesh of new technologies, evolving standards, and a changing workforce structures, senior finance and accounting professionals can achieve several benefits. These include streamlined operations, significant cost reduction, improved accuracy, and gaining a competitive market edge.
Thomson Reuters, in partnership with a leading representative from the Big Four, invites you to a virtual roundtable discussion. This event offers an exclusive opportunity for senior finance and tax professionals to exchange insights, knowledge, and best practices to navigate the e-invoicing revolution, pioneering yet another stride forward in the digital era.
Lyubov Skenderova is part of KPMG UK's Global Compliance and Transformation team within Tax & Legal since 2021.
She brings 10+ years' experience working for global e-invoicing and P2P/O2C automation software providers with strong knowledge of the solutions and vendor landscape. She is experienced in guiding companies during their digital transformation journeys from e-invoicing, indirect tax and e-archiving compliance perspective.
Lyubov has been following closely the trend of governments introducing real-time e-invoicing and digital reporting mandates on a global scale - the driving forces behind this, various local flavors as well as the benefits and challenges for companies.
Lyubov has collaborated with other expert resources within KPMG International in developing a market-leading repeatable framework for multinational clients to adopt a strategic approach to addressing the global e-invoicing and digital reporting trend. She has supported numerous organizations on their journey to moving from a tactical to strategic response and global partnerships – bringing the benefits of scalability, cost-effectiveness, and efficiency.
As part of her role, she represents KPMG UK in the EESPA and OpenPEPPOL European communities.
Laurence is a Senior Solution Architect for Thomson Reuters. His role is to understand customers’ business requirements so he can recommend the appropriate solution to meet both their strategic and immediate business goals. In addition, Laurence also channels client feedback to development teams for inclusion in product roadmaps, as he also has the responsibility of working with these teams to introduce new innovations within the Indirect applications for the ONESOURCE platform. Laurence started his career as an engineer developing software. He later become a consultant engineer working across multiple business verticals before he specialized in pre-sales within the finance sector. Laurence received his postgraduate diploma in Electronics and Communications Engineering from Bradford University and undergraduate diploma from London Metropolitan University.
The roundtable discussion will delve into:
Read the latest insights from our analysis of the Accountancy industry and the top 100 firms.
Dains, an accountancy firm based in the Midlands, was keen to offer its clients more – and once it had achieved all it could alone, it looked to M&A as a means for growth.
In 2022, Dains completed three acquisitions. The first was of Barringtons Accountancy Practice, in a bid to consolidate its position in the North Midlands.
Dains then acquired Isosceles Finance, a firm that works with the UK’s most successful technology companies. Then just a few weeks later, it bought out William Duncan + Co, which has enabled Dains to add insolvency to its growing list of services and establish a substantial presence in Scotland.
The number of corporate insolvencies in the second quarter of 2023 was the highest since 2009 according to new statistics, a “highly concerning” fact, according to John Cullen, business recovery partner at Menzies LLP.
Released by the UK government on July 28, insolvency statistics showed there were 6,342 recorded company insolvencies in Q2, reflecting a 9% increase compared to the number of insolvencies in Q1, and a 13% increase compared to the second quarter of 2022.
This was echoed by Marieta van Straaten, legal director of the restructuring and insolvency team at Kingsley Napley LLP, who says many businesses are still recovering from the pandemic.
The term ‘cloud champion’ is rapidly gaining traction across the accountancy sector and those with the necessary talent can expect to be in high demand.
But what exactly is a cloud champion?
They may also be known as cloud accounting specialists or digital solutions experts, but their core characteristics will be the same.
They will be people who are passionate about technology and how it drives business strategy.
They will be up to date with what technology is available, can compare systems and recommend implementation.
Previous attendees include...