Financial Management & Outsourcing
Running any business requires different skills – not just the drive, the enthusiasm & the entrepreneurial flair to get the business started in the first place. Financial functions are a necessary & important part of any business & when they’re outsourced, this frees up valuable resources & reduces costs, creating time for you to concentrate on your core objectives.
Outsourcing does not mean handing over the reins & losing control of the finances. On the contrary, we aim to ensure that you have greater control over your business & all financial transactions.
We tailor our services to meet your needs & supplement your existing in-house capability. Working together in this way allows you to plan ahead & to do as much, or as little, as you want. Outsourcing the financial affairs of UK companies is a growing trend, particularly for UK branches of overseas companies. J&J have significant experience in this area.
All of these services can be delivered seamlessly, either by visiting your premises, or by remote access via the internet or by using cloud- based solutions.
The benefits of outsourcing are:
Outsourcing provides cost savings principally in staff salaries but also office costs, & in some instances technology. Costs are predictable & stable from the outset.
Improved Financial Management
Regular up to date financial information means that pro-active action can be taken when needed, allowing you to make informed financial decisions with accurate data.
Quality & Reliability
Outsourcing ensures that your financial information reflects current statutory requirements & avoids unforeseen year-end adjustments that may impact areas like cash flow. Reliability is another benefit because you will employ fewer accounts staff, which means less cover for sickness or holidays.