From www.accountingweb.co.uk: Large UK accounting firms refrained from software investments in 2024, focusing instead on improving cybersecurity and hardware, but anticipate increased activity in 2025 driven by cloud and AI needs.

As existing cloud systems do not fully address the complex requirements of larger firms, many are awaiting updates from software vendors expected by late 2025 or early 2026.

Additionally, firms are seeking shorter contract terms with vendors due to evolving technology landscapes, preferring flexibility over longer commitments.