Blogs

Financial reporting for charities is complex and everchanging. As we look forward into 2025, here are some of the key changes you should be aware of in ensuring your organisation continues to meet its reporting goals.

As the UK government stares into a £22 Billion deficit black hole, and we all share the doom and gloom of potential tax rises in the autumn budget, there has at least been some positive news in the run-up to the 30th of October, and it should not be understated.

Industries have their own unique ways of working, and the Hospitality and Arts & Culture sectors are no exception. For businesses in these fields, flexibility in financial reporting isn’t just a nice to have—it’s essential.

For a business in the Arts and Culture sector there are multiple sources of income, outgoings, and ways to collect data. All this information is valuable to the business, so it is incredibly important to have systems that communicate effectively, and your finance system is no exception.

There are many ways to create a seamless connection between your systems. But, when integrating your finance system with your HMS (Housing Management system), or vice versa, that is something you need to get right. There are some considerations to take into account when undertaking a project like this, so it’s important to have a reliable software partner to provide you with support along the way.