Blog | by Rob Young | January 2025

Top 10 Reasons to Switch to a Modern Accountant in 2025

Rob Young

The shift in accountancy services

If your accountant is still emailing spreadsheets and calling once a year you’re not getting the most up-to-date proactive advice you could be to ensure a healthy and profitable business. A modern, cloud-first accountant gives real-time numbers, proactive advice and stress-free compliance so you can make faster decisions, save money and focus on growth. Here are ten of the main reasons some of our recent clients moved to us with why their decision was so vital to the business.

1) Up to date financial information

With bank feeds and regular posting your finances are regularly kept up to date which means decisions based on today’s figures, not last years accounts. Many of our clients have monthly or quarterly catch ups with our team to check cash positions, receivables and profitability to ensure they reduce the chance of financial difficulties throughout the year.

2) Proactive advice (not just year-end paperwork)

Modern firms regularly engage with their clients to discuss margins, cash and pricing before problems escalate. An online retailer we work with lifted gross margin by 5% after a simple SKU pricing review we suggested during a regular catch up.

3) Stress-free deadlines and compliance

Automation and clear workflows mean VAT, payroll, and Companies House filings are on time without the scramble. You’ll get reminders, prep timelines, and a tidy audit trail all built into your process. Internally we look to complete all work well in advance of deadlines including a significant amount of our personal tax returns and accounts 3 months before any deadline.

4) Less data entry, more doing

Tools like Dext and AutoEntry read invoices and receipts so your team isn’t losing time from manual processing, freeing up time for additional sales or alternative projects. One café owner saved nearly a day a week after we set up supplier rules and streamlined the expenses process directly through to their financial system.

5) Clear and concise management reports

We believe in transparent reporting. The information and reports we see, you see and whilst we educate our clients on financial terminology, we also provide easy-to-understand commentary to ensure our clients understand their business. We don’t drown you in complex terminology; we can highlight the key numbers that matter this month and what to do next.

6) Faster decisions with budgeting & forecasting

Rolling 12-month forecasts and scenario planning help you see around corners. We built a cash-flow model for a data company we support to assist in their spend profile throughout the year but often found that the visibility reduced as you approached Q4 unless next years budget was confirmed. This enabled us to develop a rolling 12 month cash-flow which automatically updates depending on the month it currently is.

7) Seamless collaboration and approvals

Everything lives in the cloud. You approve bills from your phone, share documents securely and never lose a receipt again. No more ‘version 9 final FINAL.xlsx’ - just one live set of numbers everyone trusts which significantly helps with HMRC compliance reviews (should you have any in the future).

8) Better cash-flow control

Automatic invoice reminders and payment links reduce debtor days without chasing. A marketing agency cut late payments by 23% after adding Pay Now buttons and automatic staged reminders.

9) Sensible fees with visible value

A fixed all-inclusive packages mean no shock one off accountancy charges. Because we automate routine tasks more of your fee goes on advice and building relationships, not admin. You’ll know exactly what’s included and what value you’ll get each month.

10) Switching is easier than you think

We handle the handover, migrate data, and talk to your previous accountant for you. Most moves take a few days with zero downtime. You get training, a clear on-boarding plan and quick wins in the first month.

How Love Your Accountants can help

If you want real-time numbers, fewer surprises and a partner who will help you understand your finances we’d love to help. We’ll review your current setup, give you a short list of quick wins and likely improve your various systems helping to move you to a modern, cloud‑first system without fuss.