Your business growth will rely on accurate information relating to your business’s financial performance. What are your growth projections? What does your cash flow look like? And what is your predicted turnover and profit? Our management accounting service gives us the power to take control of your finances, allowing you to focus on what’s important day to day. Take the first step to a stronger, more transparent financial future for your business.
Knowing where you are financially month on month is essential for growth. Our reports will provide you with a simple and straight forward snapshot of your financial performance at any given time.
We analyse your financials to make sure you are making profits across your business divisions. Our team will identify any weaknesses in your financial model and ensure your business is maximising financial opportunities.
Forward planning and forecasting when it comes to your finances will help you stay ahead of the curve and make sure you achieve your objectives.
Jarrod Matthews, Managing Director Jarrod’s Carpentry
“Jarrod’s Carpentry were continuing to experience dramatic growth in their staircase renovation and bespoke furniture offering with revenue growing by circa 300% per annum. Whilst many of us would welcome such growth, it does create additional administration which can be extremely challenging to overcome, especially when resources are already stretched.
Fortunately meeting Mike Watts from The Finance Department, and utilising his experience of working alongside high growth SME’s, has been invaluable to my company. We quickly moved our accounting system over to cloud-based software which now enables me to manage the finances and teams, even whilst I am working in other parts of the UK. With Xero I can track the bank balances and invoices due and Salesforce enables me to keep tabs on our prospects (and my sales team!)
The Finance Department completes all our statutory returns (CIS, VAT, PAYE etc) but crucially provides a real-time accounting service, we know what we owe and who owes us at the click of a button! We receive monthly Management Accounts to maintain our focus on profitability, not just sales and cash, which helps me concentrate on growing my company and ensuring my clients are happy.
Before getting The Finance Department on board we used two local bookkeepers, however they were unable to maintain the pace we required. The Finance Department are a scalable resource so I am confident that no matter how quickly we grow, additional resource and expertise is available when we need it.”