14 - 15 May 2025 9am
The TiPS team attended the world’s largest accounting and finance event, Accountex London, on Wednesday 14th and Thursday 15th May.
This event had over 12,000 registrations. Based on estimations, assuming some individuals attended both days while others did not return for the second day, the daily attendance likely ranged between 5,000 and 8,000—a substantial figure. This resulted as a particularly notable queue length for entry.
Upon reflecting on last year’s event, it was observed that a significant number of small SME accounting firms were primarily inquiring about R&D tax credits and digital asset accounting. This year, however, the focus appeared to have shifted towards software and technology solutions. Many firms are now prioritising servicing a smaller number of clients with a more tailored and high-quality approach.
A recurring challenge remains the pricing model adopted by software providers. The prevalent subscription-based model, although beneficial for software companies, presents financial strain for smaller firms. Initially, many providers offer a pay-as-you-go option, but once a stable client base has been secured, they frequently transition to subscription-based pricing, which can pose considerable challenges for small businesses.