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Welcome to the Pegasus blog

6 benefits of fully integrated business software

DATE

December 2017

Every growing business will inevitably face challenges when it comes to choosing the right software. In many cases, investment in solutions that can bring together different areas of the organisation can take a back seat whilst short-term goals are managed. This leaves many businesses running separate systems for various departmental functions such as payroll, CRM, reporting, supply chain and cashflow management. Phrases like “if it works, why change it?” and “it’s too much work to switch” may sound all too familiar, but the truth is your business might not be running as efficiently as it could be. In this blog post we are going to look at some of the benefits of integrating different areas of your business.

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Manufacturing in a digitalised world

DATE

November 2017

Digitalisation has the potential to equip manufacturing organisations with the tools they need to thrive in a modern economy. But what does it mean in practice, particularly for smaller manufacturers? And what’s the right approach?

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Key features to look for in reporting software

DATE

October 2017

Looking for new software is often a daunting prospect for many businesses. The need to invest in a more effective solution, but knowing where to begin or what to look for can be challenging. There are certainly a lot of options on the market when it comes to reporting software, with varying degrees of complexity depending on your business size and requirements. However, whatever the size of your business, there are some key features that you should always look out for.

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Myths about cloud computing uncovered

DATE

August 15, 2017

Cloud computing has seen huge growth over the past few years and is revolutionising the way businesses operate. Whilst many businesses have jumped on board with the new technology, many out there are still dubious about the business benefits of moving to the cloud and have concerns about its use. Here we take a look at some of the common myths and concerns surrounding cloud computing.

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Margins and customer service

DATE

August 8, 2017

The most successful players in the wholesale and distribution sector find that margins and customer service come together to create business excellence. For businesses still searching for this winning combination, a good place to start is by looking at the systems which underpin the business.

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The pros and cons of flexible working – driven by cloud technology

DATE

July 26, 2017

The rise of mobile and cloud technology has made the possibility of flexible working a reality for many businesses and their employees, who would have once needed to be at their desks in order to get the job done. Cloud software and technological developments mean that employees really can now be anywhere and get on with their job as efficiently as if they were at their desk, as long as there is an internet connection. With this in mind, we have taken a closer look at some of the pros and cons of flexible working from the employer point of view.

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When the growing gets tough

DATE

July 11, 2017

With continually squeezed margins resulting in the ever-present need to do more with less, set against a backdrop of ongoing economic and political uncertainty, the manufacturing sector is facing some of its toughest times. In spite of this, the pressure is still on to capitalise on growth opportunities wherever possible, proactively pursuing new avenues to steal that all-important march on the competition.

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10 Hard facts about cloud accounting

DATE

June 27, 2017

When it comes to running your business, the question is not why move to the cloud, but when? More and more businesses are moving to cloud based accounting systems and the reason is simple. In fact, there are ten of them. In this blog post we go through the main benefits of cloud accounting systems.

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How to protect your business from cyber attacks

DATE

June 6, 2017

Cyber-attacks are becoming increasingly common, with some very high profile cases hitting the news recently proving that almost any organisation large or small is at risk. In fact, research by Symantec found that 75% of businesses have suffered some form of cyber-attack in the past year. When you’ve got highly sensitive business data locked away, the consequences of it falling into the wrong hands or becoming inaccessible can be dire. Let’s look at some of the key steps every business should be taking to protect themselves from cyber-crime and viruses.

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Fuel growth with business intelligence

DATE

May 2, 2017

In today’s ever changing business environment, businesses need to be one step ahead of the competition at all times. That means staying on top of technology and turning business data into usable information, known as business intelligence. Business intelligence can be a valuable addition to any business strategy to drive growth; not only can it aid decision making, but it can improve productivity and ROI too. How can business intelligence help grow your organisation?

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7 Reasons to move to cloud accounting software

DATE

March 31, 2017

As a business in the 21st century you are up against constant pressure to operate efficiently and competitively, and technology advancements like the cloud have made it achievable. With 48% of SME’s set to increase spending on cloud services this year, we take a look at 7 reasons why you should consider moving your accounting practices to the cloud.

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Key steps and dates for processing your payroll year end

DATE

February 24, 2017

The 2016/17 payroll year end ends on 5 April 2017 which means it’s almost time to process your year end, a busy time for any business running a payroll. The introduction of RTI back in 2013 made the process much simpler, but it can still be an understandably daunting task for some. Here at Pegasus we’re with you every step of the way to help things run smoothly, so let’s go through the key steps and dates for your diary.

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On the move: mobile working is now more mobile than ever

DATE

February 8, 2017

We take a look at some areas where remote access can have significant beneficial impact

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9 tips to improve employee engagement and happiness

DATE

May 26, 2016

For any business there is no greater asset than its employees, and it’s no secret that keeping them happy leads to greater efficiency and productivity. A happy employee makes a happy business but the question is; how do you keep employees happy, motivated and loyal?

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Monitoring and managing employee absenteeism during the summer

DATE

May 24, 2016

It’s the time of year when unplanned absence might be on the increase among your employees. Whilst the majority of staff illness will be genuine, popular sporting events such as the Euros, Wimbledon and the Olympic Games, coupled with good weather could encourage some employees to push their luck and ‘pull a sickie’. In this blog post we’ll look at monitoring employee attendance so you can identify patterns and introduce processes to manage it.

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To the Cloud: Getting the move right

DATE

May 24, 2016

It’s impossible to escape all things cloud at the moment. And, with Gartner predicting the global market for cloud will reach $240 billion by 2017, it would seem that the cloud isn’t going away any time soon. In our latest blog post, we look at how to get the move right, first time.

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The rise of the virtual payslip

DATE

April 12, 2016

Auto enrolment isn't the only big thing affecting payroll functions throughout 2016. As many businesses strive to drive efficiency savings, we look at how e-payslips can help.

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Auto enrolment set-up costs: don’t get caught out

DATE

January 6, 2016

The People's Pension and NOW: Pensions recently announced the introduction of set-up costs for businesses setting up pension schemes for auto enrolment. With 1.8 million businesses set to be staging from 1 January 2016, these new charges mean that there will be a lot of businesses out there paying these extra costs, something that they perhaps haven’t factored in to their pension scheme plans.

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Time tracking made easy

DATE

November 13, 2015

When it comes to monthly pressure points for any business, high up on the list has to be payroll. One small error and you end up with a situation which has the potential to upset a great deal of people in a very short space of time. A business’s payroll system is, however, only ever as good as its timesheet management. If you get this right, the benefits to the business are potentially huge.

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Cloud computing - to adopt or not?

DATE

July 15, 2015

In May's blog we considered why Cloud Computing for business and accounting software was a more suitable option than that of traditional on-premise software. This month we explore the 5 biggest costs associated with failing to move your business over to the Cloud in terms of indirect costs and competitive responsiveness in today's business environment.

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Cloud Computing - Online Accounting with Pegasus

DATE

May 15, 2015

In our last blog post we covered the fundamentals of cloud computing – we looked at what it is and some of the key benefits of using cloud based technology. In this blog we’re looking at cloud computing specifically in the context of business and accounting software, and why it’s a viable option to consider over traditional on-premise software.

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What is Cloud Computing?

DATE

May 13, 2015


Why Cash Flow Needs More Than a Prompt Payment Code

DATE

March 31, 2015

Prompt Payment Discount – The rules are changing

DATE

January 28, 2015

Bringing payroll in-house

DATE

January 06, 2015

The New Year brings about the perfect opportunity to re think your payroll processes. Are you currently outsourcing this to a payroll provider? Here’s just a few of the reasons to bring payroll in house in 2015:

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New Holiday Pay Ruling

DATE

November 20, 2014

The Employment Appeal Tribunal passed an important new ruling on Holiday pay on 4th November. This ruling was in favour of including overtime and commission when calculating holiday pay.

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Can payroll and HR self-service systems boost your bottom line?

DATE

September 30, 2014

Human resources departments are facing increasing pressure to perform efficiently; many are up against higher targets and lower budgets. That’s why businesses are turning to HR automation to save time and money.

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What to look for in a business intelligence solution

DATE

September 25, 2014

To remain competitive in today’s business environment it’s essential that your reporting system gives you the information you need, exactly when you need it. If you’re not able to make up to the minute decisions then you’ll be left behind. That’s where business intelligence (BI) software can help.

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Improving customer retention: Our 7 top tips

DATE

September 9, 2014

The phrase “the customer is always right” really does ring true. Why? Because it costs 7 times more to acquire a new customer than it does to keep an existing one, so it’s vital to keep your existing customers happy.Does your business have a high turnover of customers? Customers should be at the core of any business; without customers there simply is no business. It’s time to act! Here are our top tips for customer retention.

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5 golden rules of cash flow forecasting

DATE

August 28, 2014

Cash flow is the flow of cash in and out of a business and managing that flow is vital to the success of any business, large or small. That’s where forecasting comes in; forecasting helps you predict the flow of cash in and out of your business to ensure you always have sufficient funds to pay your bills. Forecasting needn't be a daunting task. It can be as simple as a spreadsheet listing your monthly incomings or outgoings, or you can use financial or credit management software to help make more sophisticated predictions. Whatever forecasting method you use, there are a few golden rules to remember.

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5 tips to improve cash flow through managing customer debt

DATE

August 6, 2014

A regular income is essential to maintaining a smooth cash flow and the day-to-day running of a business. Late payments can create big problems for any business, particularly smaller ones with limited resources to chase late payments.According to the Forum of Private Business, one in four small to medium businesses go bankrupt as a result of late payments and poor credit control so it really is vital to get customer debt under control. Here are our top five tips for managing your cash flow and credit control.

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The great payroll system debate: to integrate or standalone?

DATE

July 23, 2014

When selecting a new payroll system, what is the best approach? To buy a new payroll system which sits alongside HR and other business systems; attempt to integrate a standalone system with existing systems; or to adopt a fully integrated solution from the outset?

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A quick and easy guide to salary sacrifice for employers

DATE

July 16, 2014

As an employer, one of the taxable benefits you can offer your employees is salary sacrifice. It has become increasingly popular in recent years and can include pension contributions, childcare vouchers and cycle schemes. But, what exactly is salary sacrifice and what are the benefits for you and your employees?

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7 steps to choosing the right accounting software

DATE

July 9, 2014

When it comes to choosing accounting software there are plenty of options available. However, not all accounting software packages are right for every business. We might sell award-winning accounting software, but we’re not going to tell you that Opera 3 is the best accounting software for your business. In this blog we’re simply going to cover 7 things you should consider when choosing accounting software.

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Auto enrolment staging dates: Find out yours

DATE

June 20, 2014

Find out your auto enrolment staging date using our timeline.

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5 tips to grow your business

DATE

May 22, 2014

To grow your business there are some fundamental principles to remember. Knowing your customers, getting your cash flow in order and conducting regular business analysis are just some of them. In this blog post we'll go through our top five.

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Finding new talent to drive growth by keeping HR costs down

DATE

May 20, 2014

When it comes to business growth, HR is about reducing employee costs and finding new talent to drive the business forward. There are a number of things that HR directors can capitalise on to cut HR costs and free up resources, giving them time to focus on recruitment.

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Staying on top of your auto enrolment record keeping

DATE

May 12, 2014

As part of your auto enrolment duties you have a legal requirement to keep records about your employees and your chosen pension scheme. You'll need to be able to produce these records for The Pensions Regulator if requested so it's important to keep them in check. In this post we're looking at the records you must keep and how long you'll need to keep them for.

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Growing your business through knowing your business

DATE

May 7, 2014

Business intelligence (BI) has long been heralded as a valuable tool in driving business growth as it enables decision makers to access meaningful information and analysis in order to effectively monitor the business and make informed decisions. To ensure you invest in the right sort of BI for your business, take a look at our 10 step guide.

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Taking stock of your business

DATE

April 16, 2014

For many companies, stock is the lifeblood of the business and ensuring the optimum level of stock is as important as cash flow. The right balance means having sufficient stock to meet customer needs while minimising the cost of holding stock and avoiding wastage. Sounds easy - but in a market where customer demand fluctuates, how can you get the right level without incurring hefty costs which could otherwise be invested in growing the business? Follow our 4 step process.

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10 tips to boost cash flow and profitability

DATE

March 31, 2014

Almost half of UK businesses are concerned about cash flow with 46% reporting cash flow setbacks within the last 12 months. Are you one of them? Here are our 10 top tips for boosting your cash flow and profitability.

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Processing your Payroll Year End under RTI

DATE

March 26, 2014

Another year has flown by and it’s almost time to run your Payroll Year End for the 2013/2014 tax year. Take a look at our information and tips for processing your payroll under RTI.

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Know your customers and increase profit

DATE

March 19, 2014

The recent economic downturn saw costs cut back to the bone, and revenues plateau. As a result, many organisations have turned their attentions to the profitability of their existing customers in the quest to achieve business growth. In this post we look at the importance of knowing your customers to help achieve business growth.

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Auto enrolment FAQs

DATE

October 8, 2013

Do you have unanswered questions about auto enrolment? Take a look at our list of FAQs.

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Auto enrolment guide: 10 steps to a stress free transition

DATE

August 21, 2013

There are a number of steps organisations can take to ensure a smooth transition to auto enrolment. Take a look at our10 step guide for a stress free transition.

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Communicating auto enrolment to your employees

DATE

August 15, 2013

You now know which employees you should auto enrol, but the next step is telling them. This post covers how you should communicate auto enrolment to your employees.

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Assessing your employees for auto enrolment

DATE

August 9, 2013

You don't need to automatically enrol all your employees for auto enrolment. In this post we look at how you can assess your employees and determine who's eligible.

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When is your auto enrolment staging date?

DATE

August 1, 2013

This is the second blog post in our auto enrolment series and we’re taking a closer look at staging dates. When is yours, what do you need to do and can you move it?

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What is auto enrolment and how does it affect you?

DATE

July 14, 2013

Auto enrolment refers to statutory changes to the Workplace Pensions law which came into effect from October 2012. The changes mean that every employer now has legal duties to help their employees save for retirement. In this post we explain what auto enrolment is and how it will affect you.

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