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Accounting

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Finanzprozesse zum Jahreswechsel umstellen
Accounting
Why you should optimize your financial processes while it’s still 2022

There are many very good reasons not to postpone the optimization of (financial) processes to the next year. We reveal them to you!

  • 11.11.21
  • 9 min read

Latest articles

Prepare Accounting for Tax Consultant
Accounting
How to efficiently prepare accounting for your tax consultant

What do you have to pay attention to when working with a tax consultant? Which steps of the preparatory accounting can or should you do yourself, so that monthly closing & co. can be done efficiently and on time? Read our tips!

  • 28.09.21
  • 9 min read
Manual Processes cause frustration
Accounting
Top 10 manual steps in internal financial processes

Finance departments, tax advisors and other employees involved in internal financial processes waste countless hours each month on to-dos that are not only time-consuming but also completely avoidable. We uncover the biggest resource guzzlers.

  • 27.09.21
  • 10 min read
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The Finance Operating System for SMEs

For customers based in the European Union, the Payment Account and/or Mastercard cards as applicable are issued by Paynetics AD with company address 76A James Bourchier Blvd, 1407 Sofia, Bulgaria, company registration number 131574695. Paynetics AD is an electronic money institution authorised and regulated by the Bulgarian National Bank for the issuance of e-money and provision of payment services in the EU. Weavr (Europe) Ltd is acting on behalf of Paynetics AD, as a registered agent on the territory of the EU member states, and is entered into the public register of e-money institutions’ agents kept by the Bulgarian National Bank.

For customers based in the United Kingdom, the Payment Account and/or Mastercard cards as applicable are issued by Paynetics UK, Company number 1248133. Paynetics UK is a wholly owned subsidiary of Paynetics AD with its registered address at 1st Floor, 18 Devonshire Row, London, England, EC2M 4RH. Paynetics UK is an electronic money institution authorised and regulated by the Financial Conduct Authority (firm reference number 942777) for the issuance of e-money and provision of payment services in the UK. Weavr Ltd is a distributor of Paynetics UK on the territory of the UK.

Paystratus Group Limited provides software and support services to Weavr Ltd and Weavr Europe Ltd.

To ensure your funds are safe, Paynetics AD and Paynetics UK follow a process known as ‘safeguarding’ which is a regulatory requirement for all EMIs. In this process Paynetics AD, respectively Paynetics UK, keeps your money separate from its own (firm) money and places it in a safeguarding account with a Bank.

Electronic Money issued is not covered by any Deposit Guarantee Scheme which is a government backed scheme offering protection to customers’ funds of up to €100,000 in the EU (£85,000 in the UK under the FSCS) per customer. However, in the event of an insolvency, your funds would remain in the safeguarded account at the designated Bank and separated from Paynetics’ accounts and funds. For further details on the safeguarding, visit https://www.paynetics.digital/safeguarding-of-clients-funds/.

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