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Moving Past MTD Bridging Tools (2026): Why Growing UK Businesses are Upgrading to QuickBooks by Software Experts

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NEW YORK, June 18, 2026 /PRNewswire/ — Software Experts has recognized QuickBooks UK as a notable solution for businesses moving beyond traditional MTD bridging tools and adopting more comprehensive financial management software. The recognition reflects a growing shift among UK businesses that are seeking tools capable of supporting compliance, financial visibility, cash flow management, reporting, and operational growth within a single platform.

Making Tax Digital (MTD) transformed the way UK businesses manage tax reporting. For many organisations, MTD bridging tools provided a practical method of connecting spreadsheets to HMRC systems and meeting digital filing requirements. While these tools helped businesses comply with regulations, many growing organisations are now finding that compliance alone does not address broader financial management needs.

Recent business software research indicates that UK decision-makers are increasingly focused on challenges such as maintaining compliance with HMRC regulations, managing customer relationships, tracking expenses, improving cash flow visibility, and making informed business decisions through reporting. These priorities are prompting many businesses to evaluate whether bridging software remains sufficient for their long-term requirements.

Software Experts has recognized QuickBooks UK for its ability to address these evolving needs through an integrated cloud-based accounting platform.

Businesses Are Looking Beyond Basic Compliance

The initial purpose of MTD bridging software was straightforward. It enabled organisations to submit VAT and Income Tax information digitally while continuing to work primarily within spreadsheets.

As businesses expand, however, financial processes often become more complex. Growing transaction volumes, larger customer bases, and increasing reporting requirements can create challenges for organisations that rely on disconnected systems.

Business software research shows that keeping up with HMRC regulations remains a top priority for many UK businesses. At the same time, finance teams are placing greater emphasis on customer management, invoice creation, expense tracking, and cash flow oversight.

QuickBooks UK addresses these requirements by bringing accounting, invoicing, expense management, workflows, and reporting into a single platform. This approach allows businesses to manage compliance and day-to-day financial operations within one environment rather than relying on separate tools.

The shift reflects a broader trend in financial management. Organisations increasingly want software that supports business performance rather than simply facilitating regulatory submissions.

Financial Visibility Has Become a Business Priority

Access to real-time financial information is becoming increasingly important for business leaders. Spreadsheet-based processes often require manual updates and can limit visibility into financial performance.

Many organisations now require faster access to financial data to support planning, budgeting, and operational decision-making.

QuickBooks UK provides businesses with tools designed to improve financial visibility. Users can monitor income and expenses, track outstanding invoices, review cash flow information, and generate reports from a central dashboard.

This visibility can help finance teams identify trends earlier and respond more effectively to changing business conditions. It can also reduce the time spent compiling information from multiple sources.

As businesses continue to navigate economic uncertainty and rising operational costs, access to timely financial insights is becoming a more significant factor in software selection.

Customer Management and Invoicing Are Driving Software Decisions

Research into financial management priorities shows that managing customer relationships remains an important objective for many organisations. Creating and managing invoices also continues to be a common operational challenge.

When customer information, invoicing processes, and accounting records exist in separate systems, administrative workloads can increase. Teams may spend valuable time transferring information manually between platforms.

QuickBooks UK integrates customer management and invoicing capabilities into its accounting environment. Businesses can create invoices, monitor payment status, track outstanding balances, and maintain customer records within the same system used for financial management.

This integration can help streamline workflows and improve operational efficiency. Faster invoicing processes may also support stronger cash flow management, which remains a key concern for growing businesses.

The ability to connect financial data with customer activity is becoming increasingly important as organisations seek greater efficiency across departments.

Automation and Reporting Are Shaping the Next Phase of Financial Software

Automation continues to influence how businesses evaluate financial management technology. Many organisations are looking for ways to reduce manual administration while improving accuracy and consistency.

Routine tasks such as transaction categorisation, invoice management, expense tracking, and reporting can consume significant resources when handled manually.

QuickBooks UK includes automation features designed to reduce repetitive work and help teams focus on higher-value activities. By streamlining common accounting processes, businesses may be able to improve productivity while maintaining greater visibility into financial operations.

Reporting capabilities are also becoming a central consideration. Decision-makers increasingly rely on financial data to guide strategy, evaluate performance, and identify opportunities for growth.

QuickBooks UK offers reporting tools that allow businesses to analyse revenue, expenses, profitability, and cash flow. Access to this information can support more informed decision-making and help organisations respond more effectively to changing market conditions.

Software Experts noted that the growing demand for automation and actionable reporting reflects a broader shift in business expectations. Organisations increasingly view accounting software as a strategic business tool rather than solely a compliance solution.

Why More Businesses Are Moving Beyond Bridging Tools

MTD bridging software played an important role during the UK’s transition to digital tax reporting. For businesses with straightforward requirements, bridging tools may continue to meet essential compliance needs.

However, many growing organisations are seeking software that can support a wider range of operational priorities. Compliance remains important, but businesses are also focused on customer management, financial visibility, expense tracking, reporting, automation, and cash flow oversight.

Software Experts has recognized QuickBooks UK for addressing these evolving requirements through a connected financial management platform.

As businesses continue to adapt to changing economic conditions and increasing operational complexity, the demand for integrated accounting solutions is expected to remain strong. The transition away from standalone bridging tools reflects a broader movement toward software that supports both regulatory compliance and long-term business growth.

For many UK organisations, the future of financial management is no longer defined solely by tax submissions. It is increasingly shaped by the need for real-time insights, streamlined workflows, and technology that helps support informed decision-making across the business.

Read the full review at Software Experts.

About Software Experts: Software Experts delivers in-depth news on the digital tools shaping today’s consumer experience. As an affiliate, Software Experts may earn commissions from sales generated using links provided.

Disclaimer

Where AI content is used: This information is intended to outline our general product direction, but represents no obligation and should not be relied on in making a purchasing decision. Additional terms, conditions and fees may apply with certain features and functionality. Eligibility criteria may apply. Product offers, features, functionality are subject to change without notice.

General content disclaimer: This information is provided free of charge and is intended to be helpful to a wide range of businesses. Because of its general nature the information cannot be taken as comprehensive and they do not constitute and should never be used as a substitute for legal, accounting, tax or professional advice. Intuit cannot guarantee that the information applies to the individual circumstances of your business. Despite our best efforts it is possible that some information may be out of date.

Any reliance you place on information found on this site or linked to on other websites will be at your own risk. You should consider seeking the advice of independent advisers, and should always check your decisions against your normal business methods and best practice in your field of business.

Potential functionality may include accessing client files that are connected to your Intuit Accountant Suite solution. Availability and specific terms are detailed within the product terms and conditions available upon launch.

View original content:https://www.prnewswire.com/news-releases/moving-past-mtd-bridging-tools-2026-why-growing-uk-businesses-are-upgrading-to-quickbooks-by-software-experts-302804697.html

SOURCE SoftwareExperts.org

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ASTRI Establishes Advisory Board for Smart Mobility Technology Alliance

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Bringing Together Industry, Academia and Research to Drive Mobility Innovation

HONG KONG, Nov. 6, 2026 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) announced the establishment of an Advisory Board for the Smart Mobility Technology Alliance (SMTA), an industry-leading initiative designed to accelerate the adoption and scaling of next-generation smart mobility technologies across the Greater Bay Area and beyond. The SMTA aims to address critical challenges and foster a commercially-driven ecosystem for innovation in the smart mobility sector.

The newly-formed Advisory Board comprises distinguished leaders from infrastructure, transport, telecommunications, and academia, offering a wide-ranging blend of industry expertise, market intelligence and policy insight. Drawing on their extensive network and experience across the public and private sectors, the Advisory Board will shape the SMTA’s strategic priorities, identify emerging opportunities, and provide guidance on the evolving mobility landscape.

“The formation of the SMTA Advisory Board underscores ASTRI’s commitment to advancing Hong Kong as a regional leader in technology-driven mobility,” said Ir Dr Ted Suen, Chief Executive Officer of ASTRI. “By uniting industry, government, academia and research around a shared vision, this strategic alliance will unlock commercial opportunities and deliver transformative solutions that redefine the future of mobility,” he added.

The Advisory Board provides strategic guidance on SMTA’s vision and research and development priorities, helping to align its initiatives with market needs and commercialisation opportunities. It supports ecosystem development by fostering partnerships across industry, academia and the public sector, while facilitating pilot projects and encouraging innovation and entrepreneurship. The Board also offers insights on policy and standards, and promotes engagement with key stakeholders and international partners to advance future mobility innovation.

Members of the Advisory Board for Smart Mobility Technology Alliance include:

Chairman

Dr Ying Huang, Chief Technology Officer, ASTRI

Deputy Chairman

Mr Dominic Chow, Deputy Director-General of Civil Aviation, HKSAR Government

Secretary

Dr Ivan Sham, Chief Director, Technical Solutions Business Development, ASTRI

Members (by alphabetical order in surname)

Mr Lawrence Fong, Director, Digital and IT, Cathay Pacific Airways LimitedMr William Ho, Executive Director, Corporate Development, Airport Authority Hong KongIr Dr John Hui, Deputy Executive Director, Vocational Training CouncilMr Ryan Ip, Vice President of Our Hong Kong FoundationProf Mei-po Kwan, Director, Institute of Space and Earth Information Science, The Chinese University of Hong KongDr Gabriel Leung, Chief Executive Officer, Enterprise Solutions, Hong Kong Broadband Network LimitedMr Roger Ma, General Manager (Operations), Citybus LimitedMr Steve Ng, Managing Director, Commercial Group, HKT LimitedMs Sylvia Ng, Deputy Director, Corporate Development, MTR Corporation LimitedMr BY Sim, General Manager (Hong Kong SAR), Thales Solutions and Services Hong Kong LimitedMr Alex Wong, Deputy CEO, Corporate Affairs, Hong Kong Representative Office, Huawei International Co LimitedDr Rosana Wong, Deputy Chair and Executive Director, Yau Lee Holdings LimitedMs Yan Yan, General Manager, Keeta Drone Hong KongMs Theresa Yeung, Managing Principal, East Asia, Ove Arup & Partners Hong Kong Limited

Launched by ASTRI in April 2023, the Smart Mobility Technology Alliance (formerly the Smart Mobility Technology (C-V2X) Alliance) provides a networking and knowledge sharing platform for ecosystem stakeholders. These include infrastructure manufacturers, telecommunications providers, EV and drone developers, system integrators, and end users from China, in particular the Greater Bay Area, and overseas markets, all seeking to explore collaboration and technology commercialisation in the smart mobility field.

SMTA Website: https://smta.astri.org/

Photos Download: https://bit.ly/4s0M9ex

 

About ASTRI

Founded in 2000 by the HKSAR Government, Hong Kong Applied Science and Technology Research Institute (ASTRI) is the city’s largest government-funded R&D centre. Committed to transforming high-impact research into practical innovations, ASTRI drives market-driven, interdisciplinary advancements across sectors, including Smart City, FinTech, Digital Health and Life Sciences, New Industrialisation and Intelligent Manufacturing, Application-Specific Integrated Circuits (ASIC) and Advanced Electronics, New Energy and Energy Storage, and Green and ESG Technologies. Following its merger with the Nano and Advanced Materials Institute, ASTRI has further strengthened its capabilities, with over 1,500 patents and 2,200 successful cases of technology transfer. Recognised with numerous international awards, ASTRI continues to nurture top I&T talent and foster collaborations among the I&T ecosystem, contributing to Hong Kong’s high-value economic development. For more information, please visit: https://www.astri.org

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SOURCE Hong Kong Applied Science and Technology Research Institute (ASTRI)

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2026 World Internet Conference Wuzhen Summit Opens

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WUZHEN, China, Nov. 5, 2026 /PRNewswire/ — A news report from CRI Online

The 2026 World Internet Conference (WIC) Wuzhen Summit opened on November 3 in Wuzhen, Tongxiang City in Zhejiang Province, under the theme “Open Source and Openness, Joined Contribution and Shared Benefits — Jointly Building a Community With a Shared Future in Cyberspace”. Approximately 1,800 participants attended the opening ceremony, including government officials from various countries, heads of international organizations such as the United Nations, representatives of global Internet companies, and experts and scholars.

View original content to download multimedia:https://www.prnewswire.com/news-releases/2026-world-internet-conference-wuzhen-summit-opens-302931703.html

SOURCE CRI Online

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Forum on Exchanges and Mutual Learning among Civilizations in Cyberspace held at 2026 WIC Wuzhen Summit

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WUZHEN, China, Nov. 6, 2026 /PRNewswire/ — A news report from CRI Online:

The Forum on Exchanges and Mutual Learning among Civilizations in Cyberspace was held in Wuzhen, east China’s Zhejiang Province, on November 4 as part of the 2026 World Internet Conference (WIC) Wuzhen Summit.

Themed “Deepening Exchanges and Mutual Learning among Civilizations, Building a Better Online Home Together,” the forum aimed to promote the Global Civilization Initiative and advance exchanges among civilizations in cyberspace, contributing to a community with a shared future in cyberspace.

Yang Jianwen, deputy director of the Cyberspace Administration of China; Hu Wei, vice governor of Zhejiang Province; and Peng Jianming, a member of China Media Group’s editorial board, delivered opening remarks.

Keynote speakers shared achievements and practical experience in digital cultural heritage preservation and development, international youth exchanges and talent development, cross-cultural communication by mainstream media, and film and television production.

A roundtable discussion explored “Co-Creating Diverse Online Content, Unlocking New Paradigms for Dialogue among Civilizations.”

The forum also launched the “Initiative for Improvement of Minors’ Internet Literacy.” Representatives from the Cyberspace Administration of China’s Bureau of Internet Social Work, the Ministry of Education’s Department of Basic Education, the ministry’s Center for Educational Technology and Resource Development, and Tencent, together with Peking University experts, jointly launched the initiative.

The micro variety show project “Civilizations in Conversation” was also unveiled. A Chinese opera artist and a British performer of Chinese opera jointly presented “Shared Operatic Charm: Face-Changing Show Featuring a Foreign ‘Monkey King'” during an intangible cultural heritage showcase.

Hosted by China Media Group and co-organized by CRI Online, Huawei and RayNeo, the forum attracted more than 120 participants, including government officials, experts and scholars in online culture, technology company executives, and prominent online personalities.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/forum-on-exchanges-and-mutual-learning-among-civilizations-in-cyberspace-held-at-2026-wic-wuzhen-summit-302931738.html

SOURCE CRI Online

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