BUSINESS PROCESS OUTSOURCING

We can partner at any level within your organisation

Your Virtual CFO Office:

Our Virtual CFO office offers you all the services that companies require to run a healthy and efficient finance function within the organisation. Package them together for best results within your oraganisation.

Bookkeeping

It’s vital you have an accurate bookkeeping procedure. This day to day function is responsible to capture all transactions of your business to ensure compliance for tax and VAT purposes.

Credit Control

Good cash flow is essential to running a successful business. If you don’t have the time to follow up on and collect the debts, your company’s ability to perfrom may be impacted.

Cash Flow Management

Improving and understanding the availability of cash in a business starts with having a robust and trustworthy cashflow forecast.

Management Accounts and KPI Reporting

Good, accurate and concise data is what is required to make the right decisions at the right time. Our service gives you this in as much or as little detail as you need. Our service covers the full end to end process that produces the Profit and Loss, Balance Sheet and Cash Flow Statements. We will cover all accruals, prepayments and revenue recognition. The end to end process is wrapped up with a full Balance Sheet reconciliation.

Financial Forecasting

Management accounts will give you an accurate position of history. Not knowing what lies ahead makes decision making a difficult task. As you run the day to day operations of your business you should have an idea of what is coming up in the next quarter. We will work with you and your wider team to pull this data out and represent it financially.

Business Budgeting and Planning

Knowing exactly where your business is going to be financially in three to five years’ time is impossible. We can however help you build a plan to give you an idea. Understanding your business model and your strategic objectives we can then layer in clearly defined assumptions to piece your road map together. The output will give you clear indication of what needs to be done today in order to achieve tomorrow.

VAT and CIS Returns

As part of the day to day management of your business accounts, comes your VAT and CIS returns. We will run, file and advise you of any payment due in a timely and accurate manner.

Payroll and Pensions

Paying your employees accurately and timely is the most important element of the business if you want to keep them happy and motivated. We will work closely with you to ensure a smooth running of this process. We will also file your PAYE reports with HMRC as well as filing your monthly pension report.

Secondments

Secondments offer you flexible, timely and cost-effective resourcing to fit a need in your business. This is a better solution than your traditional permanent recruitment. Secondments can cover multiple areas and is flexible in length of time. Whatever the arrangement, you can have peace of mind that the addition to your team has the skills to help your business succeed and will provide seamless continuity in your business.

Corporation Tax & Statutory Accounts

If you file small or micro entity accounts we can manage all your year end Statutory requirements. This includes timely computation and filing of your Corporation Tax return with HMRC, as well as the preparation and filing of your Statutory Accounts with Companies House.

Strategic Corporate Finance:

Understanding and planning for the future takes commitment, time and money. The output of these factors can however increase the market value of your business. Once you have made the decision to start planning for an exit, your company value should be based on its future potential rather than its past performance. Our Services are tailored to help your business realise this.

Strong Track Record

Good financial housekeeping and track record are key to help sell the future as it makes the future plausible. We will advise and help deliver the financials that are required to present the past performance. This covers areas such as analysing your management accounts and reconciling with your Statutory accounts, this process will then allow us start reviewing various KPI’s and identify trends across previous financial years.

Selling the Future

Past performance is historic, and buyers are not interested in that. What buyers truly want is the future potential and how that aligns with their own goals. Utilising the past performance, we can build budgets and forecasts in full detail covering P&L's, Balance Sheets and Cash Flow. This gives buyers full insight into where you came from and more importantly where you are going based on accurate and plausible assumptions.

Increasing Value

Businesses are not just sold on revenue and profit. Once you have decided to sell your business, its vital you continue increasing its equity value across all key areas. Our service will take you through what these are and work with you to understand them and how they are impacting your business.

Due Diligence Preparation

The Due Diligence process is a tough and time-consuming element of any exit. Understanding what kind of questions will be asked is key to keep this as efficient as possible. Due Diligence covers all areas of the business and looks under all stones. Our service will work with you to piece together every aspect and start to build your data room so that when the process starts you will already know any risks or issues that may arise.