Outsourced Finance Department
Every successful business needs to know its key up-to-date numbers, not just the numbers in the annual accounts for last year. Ritchie Phillips provide an outsourced finance department service to those companies that want the financial expertise, insight and benefits of an experienced professional finance team.
Outsourced finance and accounting
Your “numbers” come from your business strategy and basically track and drive improvement in all the areas that are important to your business. This includes everything from the traditional figures of revenue, costs, profit and working capital through to the rate of customer acquisition, operational utilisation rates and staff performance. As you may know, that which is measured improves, but that which is measured and reported on improves exponentially.
The role of our outsourced finance department is critical for your business in order to help ensure it to fully utilise its financial information to influence strategic direction and have a positive impact on business operations. It is also ideal for small and growing businesses, as we can provide flexible bookkeeping, accounting, tax and business growth services.
Our outsourced finance department ensures your business still has access to an experienced professional who understands your business, can provide the support when required but you are only charged for when the service is used.
Our services include:
- Management reporting
- Budgeting and cashflow forecasting
- Scenario planning
- Essential KPI metrics
If you would like to discuss our outsourced finance and accounting services, and how we can help, please get in touch.