Allica Bank integrates QuickBooks to improve SME management

UK’s Allica Bank has integrated Intuit's accounting bundle level QuickBooks, to amended fiscal absorption for tiny and medium-sized enterprises (SMEs).

As portion of this integration, Holders of Allica's Business Rewards Account tin present nexus their accounts with QuickBooks, allowing for automatic updates of transactions.

The integration volition present real-time fiscal visibility, thereby reducing the request for manual information introduction and minimising errors.

Allica Bank said this confederation is successful enactment with its nonsubjective to heighten banking services for established SMEs, peculiarly those employing betwixt 5 to 250 unit members.

This conception has often been neglected by accepted precocious thoroughfare banks, making this collaboration notably important, the institution noted.

By facilitating automatic syncing, the integration aims to lessen administrative burdens, enabling concern owners and accountants to absorption connected strategical development.

This modulation is expected to amended decision-making done enhanced “accuracy and efficiency”.

Allica Bank Partnerships caput Sophie Hossack said: “We’re incredibly excited to motorboat our integration with QuickBooks! By partnering with a starring accounting platform, we are helping businesses and accountants to absorption much connected what matters with speedy and businesslike technology.

“Time is simply a invaluable assets for concern owners and we volition proceed to simplify concern banking to guarantee we present a meaningful and impactful work to established SMEs crossed the UK.

“A halfway absorption of our partnerships squad is to fortify the collaboration betwixt accountants and Allica arsenic we judge it is important for SME success. The integration plays a cardinal portion successful this arsenic it empowers businesses with the fiscal insights and enactment needed to thrive whilst besides simplifying processes for their accountants.”

In March 2025, Allica Bank has announced plans to treble the size of its accountancy partnerships team, expanding the headcount to 16.

This enlargement comes little than a twelvemonth aft the squad was archetypal established. The team, which is led by Sophie Hossack and Richard Williams, offers “personalised and dedicated” enactment to accountants and their established SME clients.

"Allica Bank integrates QuickBooks to amended SME management" was primitively created and published by International Accounting Bulletin, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.