Small changes could help Yorkshire SMEs lessen the pressure on their finances, staff and management, a senior accounting professional has said.
Matthew Grant, partner and head of accounts and business advisory at international accountancy and business advisory group Azets in Yorkshire, is encouraging directors and owners of SMEs to explore their options around technology, tax planning, rewards, retention and operational planning to see where they can free up time and potentially reduce their outgoings.
Azets has three offices in Yorkshire, in Leeds, Bradford and York, where it employs 335 people.
Matthew’s six suggestions are:
- Where appropriate, use technology to automate tasks, free up time, and reduce the strain caused by staff shortages and heavy workloads. Automating the manual aspects of tasks like logging invoices, reconciling bank accounts and spreadsheet-based accounting work can free up a tremendous amount of time across the business – especially for senior staff.
- Reconsider how you reward your staff by introducing perfor