Stern & Company is one of the first UK accountancy practices to offer it's clients an innovative business accounting system using the Internet. The iCash system will revolutionise the way in which future accounting records are kept by their clients. Businesses will enter their business transactions over the Internet into their own individually set up cashbooks. The system has been designed to be easy to use and understand with screens that resemble bank statements for data entry. The transactions are then submitted directly to Stern & Company for processing via a secure Internet service using 128bit encryption. The service is especially suited to smaller businesses that will benefit from 24/7 advice from Stern & company and for companies who want to access their accounting system from any location in the world. George Stern, partner at Stern & Company has been testing the system for the last 3 months. He has identified several important benefits to businesses. "There is no accounting software for our clients to buy or maintain and data security is handled automatically. They are charged on a per transaction basis which effectively spreads the cost and the business also receives its own individualised accounting system which we have set-up for them, making data entry really quick." George also commented "we are very excited about this new service and believe that it will be ideal for many of our clients. The reports on "where my money comes from to where my money goes to" will be invaluable. Stern & Company is an innovative firm aiming to provides it's clients with new and exciting services made possible by using leading edge technology. Further information can be obtained by calling:
Date:22 January 2003
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