Connect with Cloud Technology in Finance of PREVAIL ACCOUNTANCY LTD for small business support on Enterprise Nation

Connect with Cloud Technology in Finance to grow your entrepreneurial network of start-ups and small business owners on Enterprise Nation.

Cloud Technology in Finance, PREVAIL ACCOUNTANCY LTD | Enterprise Nation

Management Accounting for Your Organisation Think proactive &ndash; get it right first time!

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&nbsp;Control over the organisation helps to lead it in the right direction and achieve your goals. But would you be able to lead the ship to the port without good navigation skills? Or by looking at yesterday&rsquo;s weather?

How can you follow your strategy and succeed by moving backwards? You can be the best Captain but without a skilled crew, proper tools, flexible and effective teamwork, you will not succeed.

Your end of year accounts and historical financial information are out of date! They&rsquo;re insufficient for decision making.

Every organisation must be in control of its costs, profits and cash flow all the time. Prevail Accountancy will help you to organise and control business processes and the costs allocated to them.

We will help you with:

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Effective cost control

We base our work on continuous improvement. We will help you to define the processes within your organisation, allocate costs to activities within those processes, define key performance indicators for those activities and measure them.

Waste removal

Cost control will allow your organisation to identify unnecessary costs and maybe even spot possible sources of income?

Cash flow management

It is wonderful to see a healthy profit on the profit and loss account but if there is no cash in the bank you might as well make a nice paper decoration on the wall with the accountant&rsquo;s report!

Why?

Cash flow differs from profit and loss. We may have &pound;40 000 of profit and &pound;0 cash due from customers who haven&rsquo;t paid yet. You may also be due to pay bills and have no money. This will decrease you credibility and may harm your reputation.

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We will prepare an up to date cash flow and forecast for the following months to keep your organisation in good financial balance. That will protect your organisation against over spending.

Variance analysis

As a company it would be perfect to get it right first time every time!

But mistakes happen; no one is perfect and by continuous improvement your company will decrease any defects and negative differences which create the variances between budgeted and the actual outcome.

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We will prepare a variance analysis that will help you be in control of business process improvement.

Profit or loss?

It is crucial to know at any time whether your organisation has made a profit or loss.

Can the gross margin cover all overheads? Do you know a brake even point for your organisation?

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We will prepare an up to date profit and loss account either monthly or according to your requirements. We will also prepare a budget and help you keep control over it.

Compliance

All the above information will help you with tax planning and keep you up to date and out of trouble with the tax man!

We offer:

tax advice and planning for your organisation,

VAT, payroll, CIS monthly return,

CITB levy returns

tax and capital allowances computation

statutory accounts

Excise duty obligations

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&nbsp;Your end of year accounts won&rsquo;t be a surprise any more.

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We offer high quality management accountancy services, based on proactive approach.

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I am the owner of Prevail Accountancy Ltd, CIMA qualified Chartered Management Accountant with many years of experience in working with small business sector.

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We are respectful and honest and always do our best to suit our clients&rsquo; needs.

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We have very good references and many thank you letters for helping our customers to sort out many issues and difficult situations.

We have been working with our clients for years as we become part of their organisations.

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We are not annual accountants.&nbsp; We communicate, support and help you to realise your strategy.

&nbsp;We invite you to work with us and looking forward to arrange first free consultation.

&nbsp;Yours Respectfully

Catherine Machalinski ACMA

Services

KATARZYNA MACHALINSKI > Finance > Standard service > Cloud Technology in Finance 

Finance

KATARZYNA MACHALINSKI

Get Connected

We provide real-time information about your company’s financial position, cash flow, and profit with 24/7 access to management reports.

Prevail ensures that our clients have the best of both worlds – the best cloud-based technology and face-to-face consultancy to get to the heart of your business. 

We are proactive and innovative, hence offering the best service for our clients. 

Xero cloud solution enables you to access your account information anytime, from anywhere in the world using the cloud. It’s accurate, simple to use, and saves time on bookkeeping so you can focus on managing your business. Xero’s system has never been breached, and no data has ever been lost. 

Therefore cloud security gives you the ultimate peace of mind that your accounting information is safe and secure.

Why Choose Cloud Technology?  

For us, it was a no-brainer. We knew our existing clients would benefit from the Xero Accounting software with all the time-saving tools to grow their businesses.

Here are just a few of the amazing features of cloud accounting:

Project control in real-time

We specialize in the construction industry for the last sixteen years, and project control is crucial to keep the company growing. Real-time over costs will help you eliminate waste and make the projects more profitable.

I have built my Company, Prevail, for the last 19 years as a Fellow Chartered Management Accountant and Lean Six Sigma consultant. I run a successful business that employs four wonderful women, and I am engaged as CFO for Small and Medium Construction companies. I specialise in the construction SME sector with a mission to empower SMEs to have peace of mind over their project's profitability and goals. My company is a multi-award-winning business in Accounting Excellence 2024 and 2023 as well as a Woman Influencer in the Construction Sector Finalist 2023 by Design and Build. I also have an extensive background in sales, having worked as a sales director in Poland for five years. That means my strengths are not only numbers but full understanding of business, which is my unique value proposition.&nbsp;

Director

We provide real-time information about your company’s financial position, cash flow, and profit with 24/7 access to management reports.

Prevail ensures th...

I work with the MDs of SME businesses and help them improve profitability and cashflow through common sense financial management.
I focus on the following areas:
<ul>
<li><a href=&apos;https://bluedotconsulting.co.uk/accountancy-services/profit-improvement/&apos; target=&apos;_self&apos;>profit improvement</a></li>
<li><a href=&apos;https://bluedotconsulting.co.uk/accountancy-services/cashflow/&apos; target=&apos;_self&apos;>cashflow</a></li>
<li><a href=&apos;https://bluedotconsulting.co.uk/landing-page/bookkeeping-for-your-business/&apos; target=&apos;_self&apos;>good bookkeeping</a></li>
<li><a href=&apos;https://bluedotconsulting.co.uk/accountancy-services/management-information/&apos; target=&apos;_self&apos;>understandable financial information</a></li>
<li><a href=&apos;https://bluedotconsulting.co.uk/cloud-accounting-and-technology/accounting-apps-less-is-more/&apos; target=&apos;_self&apos;>embracing useful technology</a></li>
</ul>
Get these right and you have a good foundation to grow profitably in the future.
I&apos;m the founder and MD of <a href=&apos;https://bluedotconsulting.co.uk/&apos; target=&apos;_self&apos;>Blue Dot Consulting Limited</a>, a chartered accountancy practice in South West London which I set up around the turn of the century.
I&apos;ve never hired colleagues who have only worked in accountancy firms, preferring the real-world experience of finance profesionals who have worked in real businesses - perhaps like yours.
Much of what I&apos;ve seen and learned over the years is reflected in my <a href=&apos;https://bluedotconsulting.co.uk/blog/&apos; target=&apos;_self&apos;>blog</a>. You won&apos;t find much that&apos;s typical accountanty stuff on there - but you might find one or two things that are helpful.

Founder and MD

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As the Chief Operating Officer at Enterprise Nation, the UK&apos;s largest small business community, we lead the charge in creating a dynamic two-sided marketplace that seamlessly connects small businesses with the support they need to thrive.&nbsp;
My passion for design, technology, and innovation drives our mission to revolutionise the business support landscape, making it more accessible, efficient, and impactful for entrepreneurs at every stage of their journey.
Every day, our team is dedicated to empowering start-ups and small businesses by providing timely and tailored resources that foster growth and success. We believe in the power of community and the importance of delivering the right support at the right moment.
I’m always eager to discuss how we can further enhance the Enterprise Nation platform and better serve the small business community. If you have any questions or ideas on how we can support your business, please don’t hesitate to reach out. Let’s work together to help small businesses succeed.&nbsp;
 When I&apos;m not building a marketplace I&apos;m also the founder of Girls in movement, a not for profit that educates young girls in India - we have recently hit over 20,000 downloads on the podcast and launched an online store this year.
I&apos;ve also just launched a Children&apos;s book called The Girl and Her Globe, so feel free to take a look: www.girlsinmovement.com

Chief Operations Officer

Unlocking grants

This group is about unlocking grants and providing start-ups with expert guidance and strategic advice.

I am a qualified solicitor of the Supreme Court of England and Wales and the founder of <a href=&apos;http://www.buckworths.com/&apos; target=&apos;_self&apos;>Buckworths</a>, the only law firm in the UK working exclusively with start-ups and high growth businesses. Buckworths works across multiple sectors, including Technology, Fin-Tech, Restaurants and Hospitality, Fashion and Fashion-Tech, Bio-Tech and Med-Tech, Blockchain, and more.&nbsp;
My passion for entrepreneurialism has led me to advise on the countless of start-ups over the last ten years across multiple industry sectors. For several years, I have been a regular speaker at industry events encouraging entrepreneurs to take the next step in their start-up journey.
Recently, I also published my first Amazon Best Seller, Built On Rock - the busy entrepreneur&apos;s legal guide to start-up success. Advising on the risks and pitfalls to avoid when setting up your own business, I wrote this book to make the complicated aspects of start-up law simple. Available on Amazon and in all good bookstores.
I advise founders and start-ups on a range of matters including incorporation, customer contracts and terms and conditions, privacy policies and associated documents, advance assurances for SEIS and EIS, qualifing for knowledge intensive status for EIS, claiming SEIS and EIS, raising investment from angels, accelerators and VCs, trademarks and protecting your IP, option schemes, tax treatment of share grants, and selling your business.&nbsp;
Please feel free to drop me message if you would like to chat.&nbsp;

Managing Partner at Buckworths Solicitors

Advance Assurance for EIS

We are experts with EIS compliance and have advised thousands of companies since 2011. We can draft you advance assurance for SEIS to ensure that all relevant information is disclosed and that a proper explanation is given of how your company will meet the growth requirement and risk to capital conditions. We can help you avoid the delays and potential issues with using tech platforms to make this potentially complex application.

Serial entrepreneur and innovation director across multiple verticals, with a technology and sector agnostic approach to consulting. Currently consulting to various ventures ie Medtech, CPG, FMCG, Fintech, Adtech, HeathTech etc

Having been deeply immersed in the Startup / SME EcoSystem for approximately 25 years, in 2 distinct sectors and countries with various business models. Providing both product / services for b2b and b2b segments has allowed me to gain a solid amount of diverse knowledge and understanding.
This entrepreneurial experience also allowed to gain insights of the innovation value chain and operational requirements of building / scaling ventures, for product market fit. The critical component of fundraising through various mechanisms, is an area that I understand well, having bootstrapped businesses and then raised circa 3m Euros across angel, Venture Capital and the European Development Fund (EDF).
The full spectrum of the fund-raising process was arguably the most challenging aspect of venture building for a multitude of reasons and it was a definite grind to get it done. Learning to dealing with brutal reality was a crucial part of success and helped test / fortify my resilience and growth mindset.
The last venture Zveetz had a regenerative aspect with a mission to make a dent against sugar pollution and its consequences to people and planet. Working cross functionally with a stellar team of individuals including food and behavioural scientists to deliver an impactful value proposition was highly rewarding. The business model was multifaceted with transactional, subscription and asymmetrical revenue streams. We were able to move the needle on sugar reduction and enabled people to be more sugar smart, thereby hitting multiple impact and revenue KPI’s.
Previously to that, I had the privilege of deep diving into the world of AI, machine learning &amp; ontologies to build a recommendation engine SaaS for the e-commerce sector, although there were multiple future use cases for the technology. This immersion and venture was very challenging for multiple reasons but ultimately the outcomes were net positive, so the juice was worth the squeeze.
hankfully, I have been able to transition into the role of an Innovation Director and apply skills / experience to provide consultation across the Oxford Innovation ecosystem to various stakeholders.&nbsp;
<ul>
<li>Performed 96 one to one business support sessions and workshops for students, faculty, startup and SMEs teams.</li>
<li>Consulting with the KTP (Knowledge Transfer Partnerships) department to revamping program offering and positioning to meet desired Research Excellence Framework (REF 29) standards.</li>
<li>Supporting faculty members across the UnIversity’s different schools, on commercialisation of their research and various potential fund-raising strategies.</li>
<li>Working with the AI Research group within the University to develop their strategic roadmap.</li>
<li>Supporting the establishment of “Managementfest”, a student led innovation &amp; entrepreneurship conference and accelerator programme at BNU.</li>
<li>Regularly meeting with the university leadership committee to report all innovation initiatives and results.</li>
<li>Leading Oxford Innovation AI working group with a remit to i) develop a wholistic adoption strategy for competitive advantage. ii) Steering AI integration and operationalisation across the org, towards ISO42001 (trustworthy) compliance.</li>
</ul>

Innovation Director

Vishal Kawatra

Serial entrepreneur and innovation director across multiple verticals, with a technology and sector agnostic approach to consulting. Currently consulting to various ventures ie Medtech, CPG, FMCG, Fintech, Adtech, HeathTech etc

Having been deeply immersed in the Startup / SME EcoSystem for approximately 25 years, in 2 distinct sectors and countries with various business models. Providing both product / services for b2b and b2b segments has allowed me to gain a solid amount of d

Cloud Technology in Finance

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