Outsourcing your financial management

Let’s look at what outsourcing your financial management to The Virtual FD will actually mean to you.

You will have ONGOING, BOARD LEVEL strategy and ADVICE from a Finance Director with decades of multi-sector business experience. By outsourcing, you will receive continuous professional input without adding to your payroll.

You will have the advantage of a monthly management accounts meeting with your FD. This will enable you to plan and devise strategy carefully and timeously and manage cash flow wisely.

You will receive a professional, accurate monthly management accounts pack. This pack will be tailored and designed specifically to speak to you and your business goals. The powerful visual reports reveal key drivers that impact performance, and include detailed business analysis and cost evaluation.

You will have an annual goal setting and vision meeting with your FD.

You will have an annual budgeting and forecasting meeting with your FD, in which we utilise intelligent software that allows for flexible forecasting scenario planning.

You will have office email and phone support.

Your tax needs, compliance, annual financial statements and statutory registrations and returns can be seen to in addition.

Outsourcing your finance department

You can OUTSOURCE and PROFESSIONALISE your ENTIRE FINANCE DEPARTMENT. What do you stand to gain by doing so?

The bookkeeping service will give you real time, instant access to a cloud-based accounting platform that allows you to view your books online at any time.

You will use packages such as Sage Business Cloud Accounting or Xero software, which are particularly user friendly, even for non-accountants. We will help you migrate to this software if required.

You can also choose to outsource your payroll and make use of packages such as Sage Business Cloud Payroll or SimplePay.