Outsourced Financial Control
We understand that in financial management one size doesn't fit all. We therefore work closely with you to understand your particular needs, budget, timelines for delivery and resources in order to arrive at a customized and specially tailored solution unique to your business.
List of Services
We can take responsibility for any or all of the following areas to ensure your organisation can do business knowing that its financial management is in safe hands.
- Monthly Management Accounts
- Cash Flow Management and Forecasting
- Credit Control and Cash Collection
- Financing and Treasury arrangements
- Financial modelling
- KPI and Balanced Scorecard Reporting
- PAYE/PRSI/VAT Compliance
- Payroll
- Liaising with Auditors and Bankers
- Recruitment of Key support personnel
- Staff Compensation plans
- Pension/PRSA administration
- Company Secretarial compliance
- Supplier negotiation
How it works
Firstly, we meet you for a no obligation assessment of your requirements. We then provide you with a proposal outlining the service that would meet your needs and your budget. The service will be tailored to meet your requirements and you may be pleasantly surprised at how we would harness your existing resources and adjust your processes so we can interact with your organisation as efficiently as possible and thereby minimise the cost.
We can work on-site or off-site. This can be from a couple of hours a week to a few days a month. When not on-site we are on call so your organisation has acess to the financial expertise equivalent to that enjoyed by large enterprises with full time Finance Directors.
Typically we would meet with the management team on a monthly/quarterly basis, present a set of management reports and provide input into management decisions.
We charge a fixed fee agreed in advance so there are no surprises. The service can be increased, reduced, suspended or terminated at the request of the client.
Key Benefits
- Availability - We encourage you to contact us whenever you have a business issue that requires finance input.
- Experience - You are getting Finance Director level experience at a fraction of the cost incurred by larger organisations.
- Fixed Costs - The cost is fixed so there are no surprises.
- Reduced Overheads - reduced deskspace, insurance, energy costs, employers PRSI and other employee related costs.
- Service Guarantees - we work to strict Service Level Agreements defined by you.
- Confidentiality - a non-disclosure agreement is signed as standard.