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Better Bookkeeping Solutions Ltd, up for West London Chambers of Commerce Business Awards 2023

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Ask the Expert

Ask the Expert

In today’s ever-evolving business landscape, bookkeeping has undergone a significant transformation. Traditional practices involving manual ledgers and paperwork have been replaced by efficient, precise, and accessible cloud-based bookkeeping.

Better Bookkeeping Solutions Ltd proudly joined the West London Chambers in February 2023. The business was founded in 2021 by Mike Bennetts, a seasoned software consultant with a background in implementing cuttingedge Cloud Accounting software.

It became apparent to Mike that business owners were in search of quicker responses and more support from their accountants. Excessive time was, and still is, spent gathering essential information for bookkeepers and accountants, and critical financial reports were only accessible at certain times throughout the year.

Mike also noticed that many accounting practices remain hesitant to offer bookkeeping services, preferring to focus on tax and advisory services. Consequently, essential bookkeeping functions have often been overlooked or neglected, leaving businesses feeling they are not receiving full value.

Leveraging the opportunities presented by modern software, Better Bookkeeping Solutions, Led by Mike, acts as a bridge to address these challenges and enhance the service experience for small to medium business owners and accountants alike.

Each client benefits from a dedicated team of three, comprising an Account Manager for client communication, a junior bookkeeper handling data entry, and a senior bookkeeper managing VAT reviews and bank reconciliations.

Better Bookkeeping’s service structure is continuously refined through research, testing, and the implementation of new Cloud Accounting Software features and thirdparty applications. This approach effectively addresses specific workflow challenges across various sectors.

Proficiency in software solutions, combined with excellent support and experienced bookkeepers, not only saves time for businesses but also expedites transaction processing, reducing bookkeeping costs and enhancing efficiency, while improving customer experiences.

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