Case Study: Beam saves time and cuts accounting costs with Accountancy Cloud

How Accountancy Cloud helped Beam with Accounting, R&D and Payroll

Beam, a social enterprise that crowdfunds career opportunities for people experiencing homelessness, faced challenges in managing its R&D tax claims and time-consuming payroll tasks. Founder Alex Stephany needed a solution to free up valuable internal resources to focus on company growth. To address this, Beam partnered with Accountancy Cloud for its accounting, R&D, and payroll services.

Accountancy Cloud provided a tailored solution that streamlined Beam's financial operations. This partnership successfully secured R&D tax credits for the company and implemented a seamless, reliable accounting and payroll system. The results included saving valuable internal time and reducing Beam's accounting costs by 30%, allowing the team to concentrate on their core mission.

Beam

Alex Stephany

Founder