The UK is a B2B nation with nearly 40% of UK companies deriving all of their income from B2B activity, with a further 42% having a blended business mix with some of their income from B2B.
The B2B world is one that is dealing with high ticket, specialist products, complicated buying units, multi-touch contacts and long sales cycles. Streamlining B2B processes should be high on the priory list for most businesses. Yet in many companies, some of the most time-consuming and important tasks, such as accounting and purchasing, still rely on traditional methods and hardware-based software.
Direct Peak has identified this issue for many SME’s and implemented accounting technology stacks to improve cash flow and efficiency. Here is a common example of a technology stack we implement and support for our B2B accounting clients: