Making Tax Digital (MTD), the HMRC initiative that requires UK businesses to submit their tax returns and payments online while also keeping digital records of their taxes, becomes mandatory from 1st April 2019 with businesses required to submit from a list of HMRC compliant software (of which NetSuite is one) or an API-enabled spreadsheet.
Succession planning is essential for family business survival, especially for those where leaders are nearing retirement. According to the Family Business Center, 70 percent of family businesses would like to pass their business on to the next generation, but only 30 percent will be successful.
With the deadline passed, organizations are still using technology and automation to support ASC 606 compliance.
Whether you’re an entrepreneur ready to take off with your idea or a business leader guiding a startup through the trials and tribulations of growth, part of your day is undoubtedly dedicated to seeking funding and maintaining healthy relationships with investors.
Despite the spending, the planning and the hand wringing over how to meet the needs of the modern retail customer, there is still a large gap between what retail executives think consumers want and what they actually want, according to research conducted by Oracle NetSuite in partnership with Wakefield Research and Bob Phibbs, the Retail Doctor.