Complete Finance Department

This service particularly suits businesses that;

• Want all financial processes taken care of
• Appreciate the benefits of outsourcing
• Want to extend staffing resource but not employ someone

Types of clients we have that use this service are a digital marketing agency, specialist design agency, retailer, a professional membership organisation and more.

Would you like to save more time and be more productive by having someone providing more than bookkeeping and to provide other financial services for your business?

Here are some of the other services we help our clients with;

Credit control

We send out reminders and call your clients to chase in payment for the goods or services you have provided them with. We are always polite, professional and consistent and it gets results.

Before we start doing your credit control, we take time to understand what your payment terms are, what you expect and to agree the timing and process that we will follow. By outsourcing your credit control to us, it means that you don’t have to have the difficult conversations with the clients about money – we do that for you. We keep a record of all our activity and keep you fully informed and check back with you before escalating through the process. Most importantly it ensures that your invoices are being paid and you have cash in the bank.

Cashflow forecasting

So many businesses go out of business because they run out of cash so, as a business, it is important to project forward to see what the cashflow implications are of making changes or investments in your business. If you are expecting a dip in sales or an increase in expenditure, you need to plan ahead for this. So we help our clients forecast their anticipated sales and expenditure so they can see what impact this is going to make on their cashflow to help ensure they don’t run out of money.

Payroll

We have a fantastic payroll company we work with who provide payroll services to our clients. You can be safe in the knowledge that your payroll is being done properly and all the HMRC’s requirements are being fulfilled. Staff payslips are provided for your staff either in a version which you can print for them or they can be provided with online access to download their own payslips directly.

Paying suppliers

We can either pay your suppliers for you using your online banking facilities or we can provide you with a payment list containing all the invoices which you are due to pay and you make the payments. It’s a great way to help you keep on top of paying your suppliers and saves you time.

Other financial administration

We are often asked to help with other financial administration – this may be helping to set up a childcare voucher scheme, administering the pension scheme or dealing with customer and supplier account enquiries.

We provide a complete Finance Department solution so that our clients do not have to worry about the financial aspects of their business, freeing up their time to focus on other important parts of their business, knowing that the finances are in safe hands.

Our clients simply choose which elements of financial support they need from us and we will provide a designated member of staff within our team to work with you to provide this on a regular basis.