Convex Accounting

A huge thanks to the Wellington Saints for welcoming us on board as a partner this season.

We’re really looking forward to cheering the team on and being part of the journey.

Here’s to a big season! 🙌🏀

🚀 Hitting 10–20 staff? That’s when the cracks start to show.

Processes that worked with 5 people suddenly break. Payroll turns into chaos, invoices get delayed, jobs slip, and owners end up firefighting instead of leading.

The fix isn’t more people — it’s better processes. From zero-touch bookkeeping to Xero Tap to Pay, from workflow in Projectworks to reporting with your chartered accountant, getting this stuff right is what unlocks the next stage of growth.

We’ve written about the 5 processes every 10–20 person business has to nail

The 5 Processes Every 10–20 Person Business Has to Get Right — CONVEX ACCOUNTING Growing from 10 to 20 staff? Discover the 5 critical business processes every SME must master — from workflow to payroll — with insights from a chartered accountant.

Growth pains at 10–20 staff? It’s probably process, not people.

At this stage of business, every process — HR, productivity, profit — shows up in the P&L. The trap is thinking process = a checklist and leaving staff to it.

In reality, it’s about:
✅ The right steps
✅ The right person doing those steps
✅ The right systems to support them

For example, workflow management at Convex is critical. Jobs out on time = happy clients + faster billing = better cashflow. For most firms our size, that efficiency gain is worth $90–100k a year in extra FTE. For us, it takes 20 minutes a week.

Process improvement isn’t about squeezing people to go faster. It’s about:
✅ Understanding the outcome
✅ Automating what you can
✅ Assigning work to the right people
✅ Testing and refining

For 10–20 FTE firms, fixing process is what unlocks the next stage of growth.
👉 If you’re feeling stuck at this stage, maybe it’s time to talk about process.
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Process Improvement: The Unlock for 10–20 FTE Businesses — CONVEX ACCOUNTING Unlock smarter growth in your 10–20 FTE business by improving finance-led workflows, so billing happens faster, your team works smoother, and you scale with confidence.

📣 2025 Benchmarking Report now live
For NZ’s architecture and engineering firms, the numbers are in—and they tell a compelling story.

✅ Who’s really making money?
✅ Where are the profitability gaps?
✅ What separates the top performers from the rest?

We’ve crunched the latest industry data to reveal key trends in revenue, margins, productivity, and growth. Whether you’re running lean or scaling up, this report gives you the benchmarks you need to make smarter decisions.

📥 Want the report—or a benchmarking report for your industry?

Get in touch and we’ll take care of it.
📧 [email protected]
📧 [email protected]

Benchmarking Insights for NZ's Architecture & Engineering Sector — CONVEX ACCOUNTING If you're running an architectural or engineering firm in New Zealand, you already know the industry is evolving fast. Staying competitive means more than just keeping the lights on—it means understanding exactly how you measure up to others in your field. That’s why we’ve released our 20

🚨 Cash Today, Tax Debt Tomorrow 🚨
IRD is chasing $9.3 billion in overdue tax.
But fewer than 20 businesses have had their debts flagged with credit agencies over the past seven years.
That slow response? It’s a double-edged sword.

✅ It gives breathing room to those doing it tough.
🚧 But it can also mean tax debt quietly snowballs in the background—especially when finance for vehicles or equipment is easier to access than help from IRD.

💸 Fast funding now
📉 Bigger tax hole later
🔁 And the stress keeps mounting

We get it—sometimes you need to grab that opportunity while it’s there. But if you're juggling repayments and a growing tax bill, you're not alone—and there are ways to get ahead of it.
Let’s talk before IRD does.

Back Your Club—With Your Books

🏉 Love your local rugby club? So do we.
We’re proud to sponsor Upper Hutt Rams RFC, Paremata Plimmerton Rugby Football Club and Wellington Rugby Referees. And for the next two weeks, we’re putting our money where our mouthguard is.

👉 Shift your accounting to Convex before Club Rugby Finals, and we’ll donate 10% of your first year’s fees to either Pare-Plim, the Rams - or, if neither’s your jam, the Refs (because let’s be honest, they’re always your second favourite team when you win).

💼 You get clear advice. No jargon, no fluff.
🏉 They get real support, right when it matters.
📆 Offer ends Finals weekend. And yes, T&Cs apply - we are accountants, after all.

📢 Important reminder for company directors! ⚖️

This recent High Court decision reinforces that directors can be held personally liable for company debts when trading recklessly—especially if you're managing businesses with tight margins or international complexities.

It's essential to understand your responsibilities as a director. Reckless trading isn't just bad business; it's a legal issue that can hit your personal finances hard.

👉 Read more about the $1 million judgment against this former used-car importer director here:
https://www.stuff.co.nz/nz-news/360732729/former-director-used-car-importer-must-pay-liquidators-1-million

Car importer spent $255k on golf and entertainment as business ran up $1m debts The former director of the Wellington-based business must pay liquidators over $1 million, judge rules.

Confidence is a funny thing - sometimes it’s up, sometimes it’s down, and sometimes the headlines can’t even decide which way it’s going!

Yesterday from the Herald: “NZ business confidence was mixed in June”
Today from the Herald: “Business confidence up for the first time in three months after tariff turmoil”

Here’s the thing: confidence is as much about mindset as it is about numbers. If you believe things will work out (and back yourself with some smart action), that optimism can be self-fulfilling. Equally, don’t get too high on the hype or too low on the doom and gloom - no one headline defines your business or your future.

Steady heads, open minds, and a bit of healthy scepticism—that’s how you get through the noise.

https://www.nzherald.co.nz/business/economy/nz-business-confidence-was-mixed-in-june-anz/SBEISKNMG5F4NPTVUQEQJTFHWE/

https://www.nzherald.co.nz/video/herald-now/business-confidence-up-for-the-first-time-in-three-months-after-tariff-turmoil/6IAFEXAWRKWBVHL7IEN57DVRMA/

Business confidence up for the first time in three months after tariff turmoil Business NZ chief executive Katherine Rich joins Ryan Bridge to talk about business confidence rising for the first time in three months after turmoil caused by Trump's tariffs.

Is your business pricing holding you back?

Pricing isn’t just about covering costs—it's about clearly communicating value and driving growth.

Check out this simple test to see if you're getting your pricing strategy right.

Is Your Business Pricing Correctly? A Simple Test — CONVEX ACCOUNTING Pricing is one of those critical decisions every business owner faces. Get it right, and your business thrives; get it wrong, and you’ll find yourself working harder without seeing the financial rewards. Pricing your services or products effectively requires a careful balance: set prices too high,

Hey New Zealand Rugby!

We're already supporting two of New Zealand's finest rugby teams (shout out to Paremata Plimmerton Rugby Football Club and Upper Hutt Rams RFC) along with Wellington Rugby Referees.

We've got a limited budget left to help one or two more teams. Give us a shout if you get stuck.

NZ Rugby launching legal fight with UK billionaire over sponsorship row NZ Rugby claims major sponsor INEOS has failed to pay up and their relationship looks broken in a dispute that has wider ramifications for rugby.