Accountants in Chester | Phillips & Co | Virtual Financial Controller

Virtual Financial Controller

There are a number of reasons why small business should consider outsourcing including controlling back office costs, gaining access to additional financial and accounting expertise and freeing up time to focus on their core activities.

The advantages of using a Virtual Financial Controller include:

Free up time - your time and the time of your staff to concentrate on the task they are the most cost-effective at.

Monitor and improve cash flow – through improvement of your accounting systems and procedures which can include debtor management.

Review business performance – using budgets, key performance indicators and monitoring systems..

Supervise, support and training the finance teams – provide additional support and experience to your finance team.

Prepare monthly, quarterly and annual accounts –Small businesses often underestimate the importance of having up to date figures to analyse and use as guidance for the future growth of their business.

Our outsourcing solution will be tailored to the unique needs of your business and we aim to be completely paperless by using online accounting software including Sage and Iris Kashflow.

Our tailored service can outsource specific office processes on a weekly or monthly basis to support your business including:

Maintaining the business accounting records,

Budget preparation,

Advice on product pricing

Cash flow and profit forecasts

Monthly management accounts

Payroll and automatic enrolment compliance

VAT Returns

Annual accounts

Corporate and personal tax return compliance

Grant applications

Company secretarial

Attendance at board meetings

Call us on: 01244 220 062