Case Studies
Physical to Digital | Serving You Better
The challenge
Colin Nisbet, with business partner Alan McKee, founded Hamilton-based AC Mortgage & Financial Exchange in 2009. Offering clients advice on many of life’s biggest financial decisions, they specialise in arranging mortgages and providing a range of personal and business insurances.
Their previous accountant was very much a traditionalist and only provided Colin with a set of paper accounts. This meant Colin was lacking real-time insight into his finances, and because it was very much a paper exercise, he was concerned that he was missing out on potential tax benefits. The overall process was outdated and time-consuming.
Colin needed a firm that would take a more modern and fresh approach to accounting; one that could provide sound and trusted advice about the future growth of the business.
“
Shona’s business style is friendly & approachable and that’s one of the reasons why I enjoy working with her. She’s held in very high regard within our networking group because she’s knowledgeable, takes a genuine interest, and makes business accounting less of a dark art.
Colin Nisbet, Partner, AC Mortgage & Financial Exchange
The solution
Kerr Accountancy has put in place a number of efficiency-saving solutions that began with transferring the business accounts from an old-fashioned manual cashbook (if you’re imagining those red hardback books that often have a black spine then you’d be correct!) to Xero accounting software.
Kerr Accountancy also provide a regular overview of the whole business, providing insight for Colin and his partner into the financial health of their company. Having this information helps them determine the viability of certain purchases or investments.
They also provide tax planning services that allow for quick preparation of returns with a focus on their budget and timetable for paying HMRC.
The result
A modern approach that demystified accounting and finance for Colin and his business partner!
Kerr Accountancy deliver on every promise and commitment they make to Colin, and as a result, their relationship is built on mutual trust and respect. This means that when Colin is encouraged to form better financial habits, he’s confident that they’ll lead to improved business efficiency.
As a result of going digital with his accounts and adopting the use of online software, Colin has much more time to spend with his own clients and prospects.
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