FinTech Consultants

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Fintech Consultant is broadly an individual who can help you discover business technology and establish technological systems so that they become part of your day to day business.

This could take the form of setting up streamlined digital banking systems, becoming aware of the intricacies of Making Tax Digital (MTD) and other aspects on FinTech.

See the 4 great tips below to get you started:

1. Speed up systems

Speed up your set up of new systems by employing the services of a FinTech consultant. A FinTech Consultant is usually someone who has very specific skills and experience and may be adept at implementing digital systems (such as MTD) into an existing business.

Essentially a FinTech Consultant is a normal business consultant with expertise in financial technology and someone who can help a business avoid some aspects of the steep learning curve that comes as standard within this area of finance.

2. Streamline banking

Some people ask – if FinTech Consultants are loosely specialists in FinTech as a whole does that mean there are FinTech Consultants who specialise in different areas of Fintech?

Yes. The term can mean anyone who is an expert in technology and how it is applied to common business practices. Therefore you could find a FinTech Consultant who is an expert in digital banking systems or somebody who is a specialist in computer software, or even someone who is an expert on sales systems.

Since the term is extensive, for our purposes we will briefly explore how FinTech consultants may be able to help businesses when it comes to tax and accountancy.

3. Cloud Accounting

A Financial Technology Consultant or, more specifically a FinTech Consultant with cloud accounting expertise (for our purposes) is someone who is aware of the existence of interconnected regulations affecting businesses who use technology in their operations and methods of using technology to drive business success.

4. Making Tax Digital (MTD)

At Steedman and Company we have a wealth of existing experience in helping businesses with accountancy, bookkeeping, payroll systems (such as Real Time PAYE), VAT and all aspects of tax.

Our accountants use digital systems in their own computer set ups and have experience of helping clients, especially start-ups, with installing the best new system to suit their business.

Talk to one of our FinTech consultants today for an overview of how FinTech and Making Tax Digital (MTD) can be applied to your business.

I switched to Steedman & Company two years into running my own business as I was suffering from some common new business issues, e.g. credit control, and I liked their no-nonsense approach to tackling problems. They’ve been vital in turning my business into a success and are always one step ahead of me.

Stephen Mathieson Edinburgh

Fintech Consultants Steedman Edinburgh

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Steedman and Company are a family run business who have been looking after my mothers, fathers, brothers and now my accounts for decades!

The taxman would like us to believe that ‘tax doesn’t have to be taxing’. Steedman and Co help ensure that aspiration is a reality.

It’s been a very difficult time. My head has been all over the place. Still got so much to sort out but having tax returns off my mind meant I could sleep monday night.”

Just moved to Steedman and Company for all of my tax affairs. First class service and great advice. A great big thank you to the entire Steedman staff.