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This presentation explains the problems faced by the accounting firms in the UK and the solution for the problems.
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Why “now” is the right time for UK accounting firms to try outsourcing?
Tuesday, 2 April 2013
What are the problems faced by accounting firms in UK?
Less time to focus on marketing (and win new clients)
More time being spent on non-billable work
High salaries of good bookkeeping/accounting staff
Increasing admin and office rental costs
Tough to maintain or increase profitability of practice
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WHAT IS YOUR SOLUTION?
Outsource your accounting jobs to an outsourcing provider
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HOW DOES OUTSOURCING WORK?
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How outsourcing works?
You collect your client documents
Scan and send them to our accountants in India
The jobs get completed and sent to you
In case of missing info our accountants contact you
You collect missing files and send it for job completion
You review the completed jobs
Send the completed jobs to your client
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Who are we?UK limited company with own offices in India
Started in 2004
200+ staff
Registered for data protection in the UK
We work with several accounting firms across the UK
UK based support (ensuring your 100% peace of mind)
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How does India team work?
Remotely connect to your computers and do the work
Or do all the work from our computers in India
Or use online (cloud based) accounting software
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What benefits you get by accounting outsourcing?
You get a 50% saving of your employee costs
You need not worry about employing new staff
You get all your time to focus on your practice growth
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What accounting services do we offer?
General accounting
Final accounts and management reports
Budget and forecasting
Tax preparation
Accounts payable and receivable
Invoice processing
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OUR SERVICES IN DETAIL...
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General accountingDaily updates
Bookkeeping
VAT returns
Bank reconciliation
General ledger
Trial balance
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Final accounts and management reports
Year end accounts preparation
Cash flow statements
Balance sheet
Profit and loss statements
Other custom reports
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Budget and forecasting
Analyse budgets
Prepare forecasts
Make recommendations
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Tax preparation
Personal tax preparation
Corporation tax preparation
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Accounts payable and receivable
Send customer invoices
Enter cash flow information
Approval routing
Manage discrepancies
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What is our software expertise?
Sage
Iris
Quickbooks
VT accounts
Digita
Xero
Mamut
MYOB
Hansa
Oracle
SAP
Free agent
Fusion accounts
CFP winman etc.,
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How much does it cost?
India teamBookkeeper: From £5.95 per hourAccountant: From £7.50 per hour
Fixed price You also get a fixed price optionFor each job, we will give you an estimate (or you can suggest and agree on the price based upon number of hours)
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What about data protection?
We are a UK limited company
We are registered for data protection (z3331950)
128 bit security encryption for files transfer
CCTV monitors in the office work floor
Non-disclosure agreements with all the staff members
High security data servers at centers in USA
Absolute data confidentiality and 100% peace of mind guaranteed for you
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Whom do we work with?
We work with several accounting firms
All across the UK
From start-ups to established firms
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Why should you try us?
We are helping several practices like yours
We have helped them cut employee costs by 50%
You get a partner whom you can trust
You can grow your practice with no added investment
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What next?
Contact us to get a quote
Phone: 020 7993 2949
Email: [email protected]
Tuesday, 2 April 2013
