A group of local entrepreneurs has launched a new company designed to help small bookkeeping businesses compete and grow.
Springtide was launched by three professionals from Guernsey, bringing together existing bookkeeping firm TCS and retail systems provider EPOS.
It gives firms in the Channel Islands and the UK access to technology, expertise and industry connections, helping them meet growing client expectations to offer a broader range of services.
Tim Chilestone, director at TCS, said: “We’ve heard from talented smaller firms that have to say no to clients because they can’t offer everything their clients need under one roof.
“At the same time, the cost and pace of technology can make it difficult for a small practice to keep up.
“Springtide is about changing that. By sharing access to technology, expertise and industry connections, we can help smaller firms offer more to their clients and grow while retaining the personal service that makes them successful in the first place.”
Mr Chilestone and Millie Goubert will lead Springtide, while Sam McCarthy will take on the role of non-executive director.
Mr Chilestone continued: “AI is changing the way bookkeeping is done, and smaller firms shouldn’t be left behind.
“For us, it isn’t about replacing people – it’s about using the right technology to handle time-consuming tasks, so teams can spend more time where it matters most: with their clients.
“We want Springtide to give smaller practices the advantages that come with being part of something bigger, without losing what makes a small business special.
“That’s good for the firms, good for their clients and, ultimately, good for the industry.”
