Outsourced Finance Team
(‘Your Finance Team’)

As your business grows and expands in terms of size, you may to to think of an outsourced Finance Team. Staff numbers and the complexity of business activities will increasingly become a requirement to ‘professionalise’ the business more generally.

To do this, you may need to consider adding one or more senior and experienced finance professional(s) to the management team to take responsibility for:

• developing a more effective finance team

• improving the availability of financial information for ‘decision making‘ purposes

• using software to assist with adopting ‘best practice’ processes 

• identifying or managing any risks likely to impact the business 

• driving some longer term strategic commercial targets.

The problem for many small businesses, is that they simply cannot afford to hire the right level of finance support they need to do this e.g. Bookkeeper, Financial Controller and Finance Director etc., however it’s exactly these small businesses that need access to this level of finance input the MOST!

Without ‘professionalising’ the business, the result will be that 

• you ‘sail along’ not really knowing whether your business could be doing better

• whether you are making a profit until after the year end 

• without any specific business plan or KPI’s to measure and ‘drive’ performance 

This will also result in taking you own time and energy away from what you should be doing – whether meeting customers, generating enquiries, or just leading your business forward.

SERVICES AND SOLUTIONS

Our services and solutions can be from simply managing the ‘day to day’ bookkeeping for your business through to the provision of a fully outsourced finance team (‘Your Finance Team’) managing all aspects of your financial requirements 

• issuing invoices to customers

• managing credit control

• handling and processing all purchase/supplier invoices

• preparing payroll/supplier payment runs for approval (and payment)

• credit applications, dealing with customer/supplier queries and other ‘troubleshooting’

• issuing weekly monthly financial reports, ad hoc analyses, management accounts etc 

• preparing Budgets Forecasts as necessary

Having ‘Your Finance Team’ also means that you have access to senior finance team support at a fraction of the cost of employing them full or part time, while ensuring that finance staff report to someone who can hold them to account. We also review, research and use the latest technology to streamline your  business, all of which allows you to make better, meaningful and timely decisions on moving your business forward!

Looking for an Outsourced Finance Team in Ireland? Visit Sakura IE.