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Cumberland and Westmorland Herald
  • News
    Commissioner promises improvements to Cumbria’s fire and rescue service

    Commissioner promises improvements to Cumbria’s fire and rescue service

    Illegal campers fined for causing significant damage in Lake District

    Illegal campers fined for causing significant damage in Lake District

    Man dies after falling from A66 bridge

    Man dies after falling from A66 bridge

    New senior coroner appointed for Cumbria

    New senior coroner appointed for Cumbria

    Red letter day for young Skelton farmer

    Red letter day for young Skelton farmer

    Cumbrian bellringers success in national contest

    Cumbrian bellringers success in national contest

    Bid to turn barns into homes get go-ahead

    Bid to turn barns into homes get go-ahead

    Kendal Calling commits £100,000 to Lake District conservation projects

    Kendal Calling commits £100,000 to Lake District conservation projects

    All change at Penruddock Primary School

    All change at Penruddock Primary School

  • Sport
    New management set to lead Appleby Football Club

    New management set to lead Appleby Football Club

    Success for fighting squad

    Success for fighting squad

    Penrith skipper Nicky Burns calls on team to keep winning

    Penrith skipper Nicky Burns calls on team to keep winning

    £100,000 target for new changing rooms extension

    £100,000 target for new changing rooms extension

    Medal success for Upper Eden tug-of-war team

    Medal success for Upper Eden tug-of-war team

    Eden man competes in Hyrox World Games

    Eden man competes in Hyrox World Games

    Double national triumph for Stuart Robinson

    Double national triumph for Stuart Robinson

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    Patterdale’s Eden Eagles make history

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Home Expert advice
This article appears as part of a paid partnership with Armstrong Watson

Automate data entry to free up time, streamline your finances and gain insights

By Richard Woolgar, management information and systems manager, Armstrong Watson LLP

by CWH
31 January 2024
in Expert advice, News
A A
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Richard Woolgar

As a small business owner, your time is precious and manual data entry is a massive productivity drain.

But what if there was a way to free yourself from this tedious task and gain valuable insights into your finances? Enter the world of data capture tools.

Save time and money

Data capture tools can save you a huge amount of time and money. Using AI, these programmes capture data from your invoices, receipts and bank statements.

You don’t need to manually enter data but simply, take a photo or upload a document and let the tools do the rest. Additionally, pre-populated fields and automatic categorisation will save you hours.

You can approve transactions with a single click, leaving you with more time to focus on what matters most – growing your business.

Tools such as AutoEntry and Dext Prepare are extremely accurate and boast accuracy rates exceeding 99% thanks to their advanced technology.

Mistakes in your spreadsheets or accounting software don’t just create headaches, they can hurt your bottom line, costing you money but also time to correct them.

Free vs premium tools

While free tools offer a taste of the data capture world, they often lack the accuracy, automation, and security features of paid options.

Having to manually categorise transactions or deal with limited integrations.

With more premium tools, you get a complete package that takes the burden off your shoulders and empowers you to make informed decisions based on accurate data.

Automation is your new best friend

Free tools might handle basic data entry, but tools like Dext Prepare take it to the next level.

Think automatic expense tracking, invoice matching and seamless integration with your accounting software.

No more exporting and importing data, just a streamlined workflow that keeps your finances secure, organised and accessible when you need them.

This will give you a greater insight into your finances meaning you will have all the information you need to make informed business decisions.

  • For more information about how data capture tools could benefit your business and how to choose the right software for your needs, contact Armstrong Watson’s Management Systems team on 0808 144 5575 or email help@armstrongwatson.co.uk

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