Even as a small enterprise you should make a budget.

October 19 - Nicholas De Nil

For a lot of SME's, the finanical reporting is limited to static reports received from their accountant monthly, quarterly or even yearly. Often, this reports only contain a general status of their balance (anyone getting energy out of this?) and an overview of their income statement. These insights are too conceptual and as a consequence, their is no need for deeper and more regular reporting.

How to become the CFO of the SME as an accountant?

September 3 - Nicholas De Nil

An SME often considers accounting (and hence its accountant...) as a mandatory burden. Something they cannot avoid. Many entrepreneurs just want to get these tasks finished as efficient as possible. If all legal obligations are fulfilled, they are satisfied. The question an account should now reflect on: can I be more than a mandatory burden?

Why is regular reporting a good idea?

August 13 - Nicholas De Nil

For a lot of SME's, the finanical reporting is limited to static reports received from their accountant monthly, quarterly or even yearly. Often, this reports only contain a general status of their balance (anyone getting energy out of this?) and an overview of their income statement. These insights are too conceptual and as a consequence, their is no need for deeper and more regular reporting.

How intelligent is Business Intelligence?

August 1 - Nicholas De Nil

Business Intelligence, what’s in a name... 10 years ago, when I first came in contact with BI, the holy grail seemed discovered! However, at the company I was working with, the BI implementation burnt a lot of money and time while we were anxiously waiting for those promised insights. Excel remained the safe haven to create reports and analysis, even at the big corporates, until I discovered the true power of Business Intelligence...

Is your accountancy office future proof?

July 24 - Nicholas De Nil

The accounting world is going through a revolution. Driven by digitalization, the added value of the accountancy office shifts towards advice tailored to the client.

Are you ready for this leap?