Twinfield blog

The truth is out; Twinfield has been acquired by Wolters Kluwer. The acquisition is in line with Wolters Kluwer’s strategy to expand its portfolio of products and services.  for the finance and business professional. It is a sign of the times that they have acquired a completely new business model: subscription-based online accounting. It is [...]

I fondly recall the memories I have of my grandparents’, Grandma & Grandad Kwakernaat, own grocery on the high street in Nijmegen, Holland and of my Grandad’s little kiosk at The Canisius Hospital in the city centre. It made my day whenever I was allowed to help out with little jobs in the kiosk or [...]

Maintaining financial accounts is a necessary evil; at least that is how it’s perceived by many entrepreneurs within the small-to-medium business community. Nonetheless, accounting records contain a wealth of information that, when used in the right way, could readily help generate extra income. The way in which you carry out your bookkeeping or accounting can [...]

A recent question on AccountingWEB asked: “Like many others, a fair amount of my time is being taken on chasing cients for information for their tax returns.  I would be really grateful for any ideas and suggestions how to change this. ” I think a complete change of mindset is needed (on both sides). This [...]

During my daily meetings with our clients (i.e. accountants) about Twinfield’s vision on the iXBRL introduction, I notice that everyone is willing to make the necessary preparations. I often notice that people are looking beyond the possibility of generating a digital report for the requesting party. For many people, it is an excellent time to [...]

I am often asked to predict how the world of accountancy will look in 10 years time. So what is my vision? Well, we are already starting to see various initiatives which effectively ‘productise’ accountancy services. But I still think accountancy firms look at these products too much from their own point of view rather [...]

That we actively help accountants to find new clients is a widely-known fact by now. Besides the online accounting environment an office uses, it is equally important for you to be able to quickly explain potential clients why they should use your products or services. Key elements are your proposition and the level of transparency about the [...]