Some statistics to consider: European SMEs spend about 2.5% of the revenue
on tax compliance only, while the average UK startup spends around £22K
on back-office operations in its first year.
Where do such numbers come from? Several separate subscriptions are not already a little money in total. Given that you also will take some human advisory as like for tax reporting, the total amount may be doubled.
And then you start integrating these external services with each other to contribute to your company's profile. Here we have incoming money evidenced by these invoices reflected in this report, etc. The integration requires engaging a workforce of developers that, again, takes extra money.
As an alternative, you can do integration through Integromat or similar software
. But, sill, it will take an indefinite amount of your resources given that the final result of assembly might look like this: