Compliance

What does it do?

In addition to linking to HMRC and Companies House, we link to a variety of equivalent European systems

How is it different?

While the UK has not progressed very far on its digital journey, various European Governments are much further on (others have barely started!)

For example, our system is already dealing with detailed VAT filing in a number of countries

This ensures we’re ready for when the UK Government catches up

How much does it cost?

The ongoing cost is dependent upon the requirements of the European Government

Setup costs are subject to survey

What are the benefits?

Clients and our Clients’ clients ensure compliance with the relevant territories' filing requirements

How does it work?

Using our CynareLink data aggregator, we pull accounting information from the underlying systems and format it to the appropriate jurisdiction’s requirements

We then deal with the filing and reporting of the transactions

What is the technology?

The system is hosted as cloud services, with secure links to a organisation’s internal systems

Older internal systems are connected at a database level

More modern internal systems are connected using their APIs (application programming interface)

The high degree of automation is provided through our CynareLink system