Outsourcing
of the Accounts Function
The appeal of outsourcing is currently stronger
than ever, as organisations seek to combat the ongoing challenges
of a skills shortage and cost control, whilst remaining focused
on the core activities which give the business its competitive
advantage. The Accounts function can naturally fit into this new
model, with either all or some of the following processes being
sub-contracted out to a specialist service provider:
- Computerised book-keeping,
including production of customer statements, supplier remittance
advices and aged debtor and creditor reports,
- Maintaining
the Sage accounting records online, via web hosting, so
that all parties can share the live data,
- Payroll,
- VAT Returns,
- Management
Accounting,
- Company
Secretarial.
The handing over of these processes will be structured
through a service level agreement, to ensure that both parties
fully understand their responsibilities and the costs involved.
We can tailor the services we provide to the specific requirements
of your business, delivering these either onsite or remotely
from one of our offices.
Meeting with one of our partners for a free
initial consultation should be your starting point. This will
enable you to explain your business and finances to us and for
us to explain the range and delivery of our accountancy services
to you. Our business future is tied into yours, and we are passionate
about providing you with all of the advice and support services
that you will need to prosper.
Practical Examples of our Outsourced Service
Delivery Expertise
- Attending your premises once per month to finish posting
up your computerised records and to produce Management
accounts.
- e-mailing month end reports from a UK subsidiary to
the directors of the overseas parent.
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- Operating a payroll bureau, to produce all payslips
and forms, ready for onward distribution.
- Producing customer statements each month end and highlighting
debts that require the most attention.
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