Why UK businesses should opt for accounting outsourcing
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BUSINESSES IN UK Why now is the “right” time for accounting outsourcing?
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This presentation explains the problems faced by the accounting firms in the UK and the solution for the problems.
Transcript of Why UK businesses should opt for accounting outsourcing
BUSINESSES IN UKWhy now is the “right” time for
accounting outsourcing?
What are the problems faced by businesses in UK?
Difficulty in hiring good accounting staff
High accountancy costs
Hassle of accounting deadlines
Management reports not on time
Not having enough time to focus on business growth
WHAT IS YOUR SOLUTION?
Accounting outsourcing
HOW DOES OUTSOURCING WORK?
How outsourcing works?
Work is done from India and reviewed from UK
Most work gets done from India (to keep costs low)
Compliance and review work done from UK
Who are we?
Local UK outsourcing company with offices in India
Serve clients from UK, USA, Canada, Australia and Ireland
200+ staff
Started in 2004
Offices in USA, India, SriLanka and Philippines
How does India team work?
Remote connection to your computers to do the work
Or do everything in India (and update your computers periodically)
Tasks include bookkeeping and accounts preparation
How does UK team work?
Sets up the operations and manages initial handover
Looks after HMRC compliance
Looks after local regulations and deadlines
Tasks include co-ordination and final review
Visits your office periodically
Local contact for your peace of mind
What benefits you get by accounting outsourcing?
You get a 50% saving of your accounting costs
You need not worry about employing accounts staff
Your accounting deadlines will be managed by us
You get your management reports on time
You get all your time to focus on your business growth
What accounting services do we offer?
General accounting
Final accounts and management reports
Budget and forecasting
Tax preparation
Accounts payable and receivable
Invoice processing
OUR SERVICES IN DETAIL...
General accountingDaily updates
Bookkeeping
VAT returns
Bank reconciliation
General ledger
Trial balance
Final accounts and management reports
Year end accounts preparation
Cash flow statements
Balance sheet
Profit and loss statements
Other custom reports
Budget and forecasting
Analyse your budget
Prepare forecasts
Make recommendations
Tax preparation
Personal tax preparation
Corporation tax preparation
Accounts payable and receivable
Send customer invoices
Enter cash flow information
Approval routing
Manage discrepancies
Invoice processing
Data entry of suppler invoices
Match invoices and P/O
Match invoices
P/O and shipping receipts
What is our software expertise?
Sage
Iris
Quickbooks
VT accounts
Digita
Xero
Mamut
MYOB
Hansa
Oracle
SAP
Free agent
Fusion accounts
CFP winman etc.,
How much does it cost?India team
Bookkeeper: From £5.95 per hourAccountant: From £7.50 per hour
UK teamBookkeeper: From £20 per hourAccountant: From £30 per hour
Fixed price You also get fixed price optionTypically you would see a 50% savings
How 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
Whom do we work with?
We work with companies of several sizes
From start-ups to large companies
All across the UK
Why should you try us?
We have helped several businesses like you
We have helped them cut accounting costs by 50%
We are flexible and will work in a way that suits you
Some of our clients
INTEGRA OUTSOURCING
Accounting outsourcing made easy
