We have the skills and capabilities to create this function as an efficient platform living within your business. The essence of the finance function is:
  • Real Time Bookkeeping
  • Forecasting & Budgeting
  • And Management Accounts
We are very flexible, we work with you if you need a fully outsourced finance function or whether you already have an in-house Bookkeeper, Financial Controller, Accountant or Finance Director and need only one of our services. We make it so that you have the data & information that you need to focus on improving your business and growing it without being bogged down in the finances.
Mapped Base

Fast and streamlined data collection removing a lot of the hassle from you

Reporting

Accounts information weekly or monthly – know your success drivers

Mapped Plan

Forecasts & Budget living at the heart of your
business

Accountability

Mapped historic info against the forecasts, stay on route to your goals and the life you want

Drive

Develop your team to all think commercially, living and breathing this financial plan

Bookkeeping Service

Many underestimate this area, however, having quality data that is accurate and up to date regarding your finances is essential to growing your business. You need to enter sales and purchase information accurate and on time, record where the cash is going, and have a full analysis of profitability. Products/Services profitability, Department Profitability, Individual Staff profitability etc. All of this can be determined from the bookkeeping function if maintained correctly.
There is technology out there for small companies providing what used to be reserved only for large companies. They bring visibility and automation to a bookkeeping platform.These tools streamline the process which means our services are priced very competitively and provide substantial value.
This service will be real time, meaning that your reconciliations will be made every week. A nice output of this is that you can have weekly management accounts. The idea is that all the quality bookkeeping is being done in real time which allows for the management accounts to be produced very frequently.
These services that we provide include:

Entering purchase invoices

Processing supplier payment runs

Reconciling all bank and credit cards

And controlling debtors (invoices owed to you)

Accountants Nottingham|Payroll

Payroll

Payroll is becoming increasingly more complicated and of cause now includes Auto-enrolment requirements. Keeping compliant with HMRC is essential, knowing that this work is being maintained by a team of Accounting professionals gives ease of mind.

We can provide services where staff can have their own limited access to the payroll system to be able to request holidays and review current and historic payslips. This reduces the burden on the employer having to send emails back-and forth, and yet another thing less for you to manage.

Management Accounts

The business needs to know where it is making the most (and least) money and needs to have a clear financial platform to be able to analyse this.
Your Financial Plan is essentially - How does the business need to perform to give you this life you want?

Mapping this onto a Forecast & Budget allows for the entire team to be held accountable to the targets/goals.Accountability is not disciplinary but used to aid learning. A forecast also helps us spot when cash is needed, when to invest, what to invest in, and when it is sensible to go for loans or investment. We can form part of Management meetings, helping the team become more commercially focused, to steer the business towards its goals.
How much you require our services will then simply depend on the size of your goal and the speed at which you want to get there.

Increasingly banks are wanting businesses to have Management Accounts, Forecast & Budget linked together, all centred around the financial plan. We believe that every business should have such a system.

Financial Director

Our FD role is very flexible, it can be tapped in and out of according to your requirements. Having this role within your business can increase the wealth of the business significantly, its value. The role is as follows:

  • Provide keen insights into how the business can make more money
  • Translation of the finances into common terms
  • Help determine how to set prices based on your unique situation
  • Holding the business Accountable to its strategy/plan
  • Calculating risks
  • Helping identify waste within the business to reduce costs
  • Improve flow of systems
  • Improve flow of the Finance System
  • Communicating objectives to different members of the team and how they form part of the plan
  • Helping analyse profits
  • Help the business identify its areas of highest profit and take advantage of them
  • Raising finance and Investment
  • Adding to the credibility of the management team (Having a Financial Director role on board, even if for only small but regular amounts of time, can significantly improve credibility in the eyes of the bank, customers and suppliers).
  • Bank relationships
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