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croner-i

is croner-i worth it for a small practice starting out?

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I have been researching tax resources for when I start my practice work and have explored tolleys guidance+ library /ross martin/ bloomsbury. I will be doing mainly compliance work for limited companies with some general tax planning and advice for owner-managed businesses. I recently had a demo with croner-i for the sole practitioner essentials package and it was by far the best and user-friendlly. I feel quite rusty on accounting/tax as I qualified as a CA a while back and since worked in corporate settings and would feel more confident especially starting out to have some solid resources. Nothing particularly niche or complex. However, the cost of croner-i is eye wateringly expensive and you are committed for 36 months minimum. Does anyone have experience with it to be able to give a view on whether it is worth it (especially for a micro practice)? 

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By pauld
20th Oct 2021 15:48

the 36 months would put be off immediately. You don't want to tie yourself in for that long. Probably another 2 years notice period. They are not owned by IRIS are they.

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By Wanderer
20th Oct 2021 15:59

accountinggeek1 wrote:

bloomsbury....
.....as I qualified as a CA a while back .....? 

Are you ICAEW? If so
https://www.icaew.com/technical/practice-resources/running-your-practice...
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Tornado
By Tornado
20th Oct 2021 16:13

I expect the quality of the product is OK but be very, very careful with the contracts you agree to. I had a great deal of difficulty extracting myself from a renewed contact that I did not agree to and have never used them again. They are expensive and depending on the information/service you require, there are other services available.

I was also inundated with marketing emails from them, which I could not stop and these were just an on-going nuisense, but this may not be the same now.

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By GR
20th Oct 2021 19:55

I was just going to mention you should ask them about their contract length! However it appears you already know.

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By AdamMurphy
20th Oct 2021 20:51

I may be wrong but it rings a bell that that company was mentioned on here in the past and VERY hard to cancel.

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Replying to AdamMurphy:
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By Leywood
20th Oct 2021 22:25

Your memory is good.

Lots on here about them.

Beware, beware, beware!

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Replying to AdamMurphy:
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By Leywood
20th Oct 2021 22:32

. Duplicated

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By paulcolman
21st Oct 2021 10:01

Bloomsbury and Ross Martin is enough for us.

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By Tomazaan
21st Oct 2021 10:17

You should look at joining the ICPA. You get PI cover and a subscription to basic Tolley Library as part of your subscritption. There are lots of other benefits as well but for me these two more than cover the monthly cost.

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Replying to Tomazaan:
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By Software Seeker
21st Oct 2021 11:34

Tomazaan wrote:

You should look at joining the ICPA. You get PI cover and a subscription to basic Tolley Library as part of your subscritption. There are lots of other benefits as well but for me these two more than cover the monthly cost.

Flippin 'eck, just had a look and the member benefits look fantastic! What's the catch?

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Jennifer Adams
By Jennifer Adams
21st Oct 2021 14:47

Only 3 years! Croner i sales people tried to get me to join up for 5!

Similar to Tornado I've known other practitioners who have had problems extracting themselves and the product is not that good when you delve deeper for the expense.

Re ICPA - they are good and there is no catch. It is run by the lovely Tony Margaritelli who really knows his stuff and is not afraid of having a go at HMRC.. a benefit in itself.

Go on their website under 'About' scroll down to the picture and he is the one on the far left.

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Replying to Jennifer Adams:
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By Software Seeker
21st Oct 2021 14:55

Marvellous - thanks.

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