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Twinfield included in ‘best practice’ cloud report from Intellect

-Twinfield user, Goodman Jones, featured in Intellect digest of best practice cloud case studies-

Twinfield, the online accounting specialist and part of the Wolters Kluwer Tax & Accounting division, has been included in the latest SaaS report from Intellect, the UK’s IT trade association, which highlights the increasing popularity of Cloud applications. The Intellect report contains a series of cloud case studies demonstrating that deployment of cloud technology has now moved from a small number of early adopters to the mainstream marketplace.  

Twinfield user, Goodman Jones, is included in the case study digest as an example of best practice in Cloud based accounting. Goodman Jones has always embraced leading edge technology and the innovative firm has been working with Twinfield for over five years to transform business operations and enhance client services. Through the implementation of Twinfield, Goodman Jones is now able to connect with its clients at any time from any location meaning it can offer a much stronger value proposition to its clients.

Philip Woodgate, partner in charge of business services at Goodman Jones, explains, “The market has changed in recent years. Accountancy firms today need to be able to deliver more services for less cost and with cloud solutions such as Twinfield, accountancy practices are able to reduce the amount of time spent on basic client book-keeping management and offer clients business advice as an additional service. We took the decision to implement Twinfield five years ago and they have provided an invaluable service for both us and our clients.

Kevin McLoughlin, UK Country Manager at Twinfield, comments, “Goodman Jones is a great example of how cloud services can transform business processes to benefit both accounting practices and their clients. The cloud provides a huge opportunity for accountants to step up to the mark and play a vital role in enabling a new level of business insight and understanding that can transform the performance of UK businesses. By using Twinfield Goodman Jones is able to benefit from a new way of working that minimises repetitive administrative processes and frees up talented accounting professionals to spend more time sharing their expertise and knowledge with clients.”

The Intellect report is available to download online at www.intellectuk.org/saas

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CWM Chartered Accountants use Twinfield Online Accounting to deliver added value services

-Twinfield enables Accounting practice to share data with clients in real-time and access vital accounting information anytime, anywhere -

CWM Chartered Accountants (CWM), today announces that it is using the Twinfield online accounting solution to provide its clients with an enhanced service, enabling them to view and share financial information at anytime, from anywhere. By actively involving its clients in the use of Twinfield, CWM is able to improve collaboration, speeding up tasks and freeing up time to provide additional services such as consultancy and business advice.

CWM is a proactive, innovative accounting practice which always aims to be at the forefront of new technologies that will benefit its customers. Based in Surrey, the business specialises in providing online accounting, payroll services and auditing to both private and corporate clients.

Mark Cooper, CWM Chartered AccountantsMark Cooper, principal of CWM, comments, “Online accounting is an important part of the service that we provide to our clients. We are not only using Twinfield internally within our own organisation but are also actively encouraging our customers to use the software themselves. Having all parties operate on one central accounting system means that the accountant and client can share information in real-time from any location and if any issues or queries arise, these can be quickly dealt with. By sharing data using an online system there is no need for the physical transfer of invoices and other records, which increases efficiencies and minimises the chance of errors.”

Cooper continues, “There are clear cost and time savings associated with everyone using the same system. The ability to complete tasks quickly and easily means that we can devote more time to providing added value services to our clients, including general business advice and IT consultancy.”

CWM has also recently integrated an invoice scanning service into its Twinfield solution.  By scanning the invoices into Twinfield the client simply logs into the solution to view the invoice and authorise it. This way the client doesn’t have to retain any paper copies and should the accountant need to look at a particular document in more detail, it is easy to drill down into the record and find additional information.

Cooper concludes, “The Twinfield solution is an ideal fit for our business and we are keen to move more of our existing clients on to the system as I do see online accounting as the way forward. As times continue to be tough for all industries, businesses are looking to their accountant for more than just monthly or quarterly accounts production – and using Twinfield is enabling us to provide added value services that make a real difference to our clients’ business.”

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Twinfield launches new iPhone-app

iPhone app enables Twinfield users to automatically record time and mileage.

Online accounting services provider Twinfield has launched a new iPhone application that will enable users to automatically record time and mileage. The application, which is free to download from the iPhone app store, will improve the speed with which invoices can be sent by also automatically filing these expenses claims. Read more

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Wolters Kluwer Expands European Online Software Solutions with Acquisition of Twinfield

Wolters Kluwer Tax & Accounting today announced the acquisition of Twinfield, a Dutch-based pioneer and market leader in online accounting software, serving professionals in the Netherlands, UK and Scandinavia. Through this acquisition, Wolters Kluwer expands and complements its existing offering of advanced software solutions for accountants and finance professionals in SMEs in all the western European markets it serves. Twinfield will become part of the European activities of Wolters Kluwer Tax & Accounting, the global market leader in tax, accounting and audit solutions and services. Read more

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Serenata Flowers implements Twinfield for ‘any time, anywhere’ accounting

Twinfield online accounting system provides e-florist with ‘real-time’ information on cash-flow management, forecasting and budgeting, irrespective of location- Serenata Flowers, the online retailer of flowers, chocolates and wine, has implemented Twinfield’s online accounting system to increase visibility of financial performance and impose far greater control over spend and cash flow. By using Twinfield, Serenata Flowers is able to produce and compile reports quickly and easily at less cost, whilst also providing financial staff with secure remote access to the accounting system anytime, anywhere. Read more