- #Agentic workflowAI
- A process in which AI agents complete several steps in sequence, such as receiving a request, checking it, deciding and reporting, rather than answering a single question.
- #AI agentAI
- Software that uses an AI model to carry out a task on its own within set limits: reading a document, checking a rule, drafting a reply or updating a system, then handing over to a person where needed.
- #AI brainAI
- An orchestration layer that coordinates several AI agents, routes work between them, applies your policies and keeps a record of every decision.
- #AI governanceAI
- The policies, controls and records that make AI use safe, lawful and accountable: who may do what, which actions need a person, and how decisions are logged and reviewed.
- #APITechnology
- An agreed way for two systems to exchange information automatically. APIs replace re-keying and spreadsheets passed between teams.
- #BaselineBusiness
- The measured starting point of a process or result before change begins. Without a baseline, improvement cannot be proven.
- #BlockchainBlockchain
- A shared record that several parties keep identical copies of. New entries are grouped into blocks and linked, so past entries cannot be quietly changed.
- #Consensus mechanismBlockchain
- The rules that let the computers running a blockchain agree on which new entries are valid, without a central authority.
- #Corporation TaxTax
- The UK tax on company profits, paid nine months and one day after the end of the accounting period and reported on a CT600 return.
- #Cycle timeBusiness
- The time from the start of a piece of work to its finish, including waiting. It is often the clearest measure of process friction.
- #Data lineageData
- A record of where a piece of data came from and every step that changed it, so a figure in a report can be traced back to its source.
- #Data warehouseData
- A central store where data from many systems is cleaned and organised for reporting and analysis.
- #DiagnosticBusiness
- A short, fixed-scope engagement that defines the problem, sets the baseline and recommends what to do next, before larger commitments are made.
- #Distributed ledgerBlockchain
- Any database that is copied and kept in agreement across several organisations or computers, with no single owner able to rewrite it. A blockchain is one kind.
- #Double taxation reliefTax
- Treaty rules and foreign tax credits that stop the same income being taxed in full by two countries, such as the UK and the US.
- #Estimated taxTax
- Quarterly US tax payments made by people and businesses whose income is not covered by withholding, to avoid underpayment penalties.
- #Executive searchBusiness
- A structured process for finding and assessing senior leaders, often people who are not actively looking for a new role.
- #FBARTax
- The US report of foreign bank and financial accounts, required when their combined value exceeds a set amount at any point in the year.
- #ForecastingData
- Using past data and known drivers to estimate future values, such as demand, cash or staffing, with a stated range of uncertainty.
- #Form 1040Tax
- The main US federal income tax return for individuals, including the self-employed, who attach schedules such as Schedule C for business income.
- #HallucinationAI
- When an AI model produces an answer that sounds confident but is wrong or invented. Good design, grounding in your data and testing reduce it.
- #Human in the loopAI
- A checkpoint where a person must review or approve an automated action before it takes effect, typically for high-value or high-risk decisions.
- #Infrastructure as codeTechnology
- Defining servers, networks and cloud services in version-controlled files, so environments can be rebuilt, reviewed and audited like software.
- #Integration layerTechnology
- A deliberate set of connections and rules that lets all of an organisation's systems share data reliably, instead of many one-off links.
- #Large language modelAI
- An AI model trained on large amounts of text that can read, summarise and write language. It is the engine inside most modern AI assistants and agents.
- #Licence rationalisationBusiness
- Reviewing every software subscription to remove overlap, consolidate vendors and renegotiate terms, so fewer tools do more.
- #Lift and shiftTechnology
- Moving a system to the cloud largely unchanged. It is fast, but usually misses the cost and resilience benefits of redesigning for the cloud.
- #Making Tax DigitalTax
- The UK requirement to keep digital records and send updates to HMRC through compatible software, now in place for VAT and phased in for income tax from April 2026.
- #Milestone vestingBusiness
- An arrangement where an equity or token stake is earned in stages as agreed delivery milestones are reached, rather than all at once.
- #Model evaluationAI
- Testing an AI system against a fixed set of real examples with known correct answers, so quality can be measured before launch and after every change.
- #OracleBlockchain
- A trusted service that brings outside information, such as a price, a delivery scan or a sensor reading, onto a blockchain so smart contracts can act on it.
- #Payback periodBusiness
- How long it takes for the savings or revenue from an investment to repay its cost.
- #PAYETax
- Pay As You Earn: the UK system employers use to deduct income tax and National Insurance from wages and report them to HMRC every pay day.
- #Permissioned blockchainBlockchain
- A blockchain where only approved organisations can take part or validate entries. It suits businesses that need privacy and known participants.
- #Process miningData
- Reconstructing how work actually flows from the timestamps systems already record, revealing delays, loops and workarounds.
- #Prompt injectionAI
- An attack in which hidden instructions in a document, email or web page try to make an AI system ignore its rules. Scoped permissions and input checks defend against it.
- #Retained advisoryBusiness
- An ongoing monthly arrangement in which the same team keeps measuring, improving and supporting what was delivered after go-live.
- #Retrieval-augmented generationAI
- A technique where an AI model first looks up relevant passages in your own trusted documents and then answers using them, which makes answers more accurate and traceable.
- #Return on investmentBusiness
- The benefit of an investment compared with its cost, usually shown as a percentage or a multiple over a stated period.
- #RTO and RPOTechnology
- Recovery time objective is how quickly a service must be back after a failure. Recovery point objective is how much recent data you can afford to lose.
- #S corporationTax
- A US company that elects to pass its profits and losses through to its owners, who report them on their personal returns instead of the company paying corporate tax.
- #Sales tax nexusTax
- The connection with a US state, through sales volume or physical presence, that obliges a business to register for and collect that state’s sales tax.
- #Self AssessmentTax
- The UK system for reporting income that is not fully taxed at source, such as self-employment, rental or investment income, through an annual tax return.
- #Smart contractBlockchain
- A small program stored on a blockchain that runs automatically when agreed conditions are met, for example releasing a payment once delivery is confirmed.
- #Smart contract auditBlockchain
- An independent review of smart contract code to find security flaws and logic errors before it goes live, when mistakes are costly or impossible to reverse.
- #StablecoinBlockchain
- A token designed to hold a steady value, usually by being backed by a currency such as the pound or the dollar.
- #Technical debtTechnology
- The future cost of shortcuts taken in systems today. Like financial debt, it accumulates interest in the form of slower change and higher risk.
- #TokenBlockchain
- A digital unit recorded on a blockchain. It can represent value, access, ownership or voting rights, depending on how it is designed.
- #TokenisationBlockchain
- Representing a right to an asset, such as a share of a property, a carbon credit or an invoice, as a digital token that can be held, transferred and audited on a ledger.
- #Total cost of ownershipBusiness
- The full cost of a system over its life: licences, implementation, integration, support, training and eventual replacement, not just the purchase price.
- #VATTax
- Value Added Tax, charged on most goods and services sold in the UK. Businesses must register once taxable turnover passes the registration threshold.
- #Wallet and custodyBlockchain
- A wallet holds the keys that control digital assets. Custody is how those keys are stored and protected, by you or by a regulated provider.
- #Zero-trust securityTechnology
- A security model that never assumes a user or device is safe because it is inside the network. Every request is verified, and access is kept to the minimum needed.
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