Outsourcing some or all of your finance function can be an attractive option. At Mercer & Hole we are able to provide a wide range of valuable services, support and expert advice to businesses of all sizes and sectors.
Despite the government pledging to ‘cut red tape’ for small businesses, regulations are still incredibly complex. For example, it is very easy to be tripped up by some of the detailed VAT rules or payroll filing requirements under the Real Time Information regime. Staying on top of this can be time consuming and stressful for business owners.
As a result, we find that many businesses are increasingly looking to outsource all or some of their finance function. For our clients that are already doing this it takes away the worry of compliance, allowing them to concentrate on running their business, knowing that our experts are on hand and dealing with matters as they arise - ready to provide pro-active advice in a timely manner.
In an increasingly competitive world, outsourcing can also help to keep overhead costs down and provide much needed flexibility of resource without the burden of high fixed costs, which is especially important for businesses based in London due to the high cost of office space.
At Mercer & Hole we have a highly trained team of outsourcing specialists, who are able to provide clients with as much or as little on-going support as they require. Most importantly we provide a personal service and can either provide a
‘one-stop shop’ to provide your entire finance function or tailor our services to suit your specific needs. Whether we complete work at our office or yours, one person will be allocated to you and they will work closely with you so that they get to know you and your business in order to provide you with the level of support that you require.
Our services include:
- Payroll (including RTI compliance, year end submissions and BACS bureau);
- Book-keeping, including invoice payment;
- VAT return preparation, with EC sales listings and Intrastat returns if required;
- Preparation of management accounts;
- Assisting with group or bank reporting requirements; and
- Preparation of cash flow forecasts and budgeting.
Our existing clients operate in a wide variety of sectors ranging from logistics, recruitment and retail businesses to software developers, uranium traders’, FCA regulated businesses and even a Football League team! We are particularly experienced working with owner-managed businesses and UK subsidiaries of overseas parent companies.
If you think we can take some of the weight off your shoulders, please call Phil Fenn on the number below or speak to your normal Mercer & Hole contact who will be pleased to arrange a no obligation discussion or meeting.
Date: 18th May, 2015
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