A flexible finance team, built around your business.
Bookkeeping through to board level finance, delivered by an award-winning team. We take care of the work you want to hand over, give you numbers you can trust and help you decide what to do next.
Our Fully Managed Finance service brings together transaction support, reporting and fractional CFO advice. Take each service individually or combine them, with a fixed monthly fee agreed before we start.
What is outsourced accounting?
Outsourced accounting means working with an external team to run some or all of your finance function. That can include keeping the books up to date, raising invoices, preparing supplier payments and chasing overdue customers. It can also extend to management accounts, forecasts and board level advice.
At Accounts and Legal, each client is unique – we agree exactly what you need and who’ll do it. You can keep tasks in-house, work with us alongside your existing team or bring the whole finance function together in one place – whatever works best for you.
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Get an instant quoteThree services. The combination that works for you.
Who is outsourced accountingfor?
Growing businesses that need better information
You may be planning an expansion, seeking investment or getting ready to sell. You need reliable reporting and forecasts, with people who can explain the numbers and help you prepare for scrutiny from lenders or buyers.
Businesses with too much finance work on the owner’s desk
The company has grown, but you are still dealing with supplier queries, checking payments and chasing invoices. Perhaps a bookkeeper or accountant has just left. It’s an opportunity to build a finance function that takes less of your time.
Owners who would rather focus on the business they enjoy
You may have no need for monthly forecasts or a CFO. Having someone reliable handling the day-to-day finances can be enough. Our transaction support service can stand on its own.
How is it different from hiring in-house?
An effective finance function needs several kinds of expertise. The person who keeps your records accurate may not be the person you need to challenge a funding plan or help prepare the business for sale.
With our service, you use each role at the level you need. You don’t have to create a full-time position for every gap, responsibilities are shared across a team, with documented processes and cover, reducing reliance on any one person.
If you already have good people in place, we build around them. We can add reporting or senior advice while your team continues to run the day-to-day finances.
A happy client - Gentoo Racing
Four roles, working together
Advice comes with every package
Every service includes a Quarterly Business Review. We review your financial performance, discuss what has gone to plan and identify areas that need attention. Together, we agree practical actions and what happens next.
Your team also has access to the firm’s tax, legal and corporate finance specialists. Where you need additional work, we agree its scope and fee with you.
For a particular challenge, our Booster packages offer a focused, fixed-fee project over around twelve weeks. Topics include cash, profit, performance, funding and exit preparation. These are optional projects alongside your ongoing service.
How much do outsourced accounting services cost?
We agree a fixed monthly fee based on the work you need, the volume of transactions and the complexity of the business. Each service is priced separately, so you can see what you are paying for.
There are no hourly rates for the agreed ongoing service and no surprise invoices. We review volumes at your quarterly review and agree any change with you first. Any setup work or additional project is scoped and priced before it begins.
Is fractional finance the same as outsourced finance?
The terms often overlap. Outsourcing describes who carries out the work. Fractional describes using part of someone’s capacity rather than employing them full-time. Our Fully Managed Finance service combines both: an external team, with each role used at the level your business needs.
Do I have to outsource everything?
No. You can take transaction support, Reporting or Fractional CFO separately, or combine them. We
write down the division of work before we begin.
Are annual accounts and corporation tax included?
We can provide both alongside your finance support. Your proposal sets out whether they form part of
your engagement and how they are priced, so there is no uncertainty about who handles the year-end
work.
Where should I start?
If the day-to-day work is the problem, start with outsourced bookkeeping. If you need a team to run
finance and produce regular management information, explore our outsourced finance department. If
you already have reliable numbers and need senior input, consider a fractional CFO.
Let's look at your finance setup
Tell us what’s working, what’s taking too much of your time and what you want to achieve. We’ll recommend the services that fit and give you a clear, fixed-fee proposal. Book a discovery call or call 0333 344 0144.
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