![]() ![]() Since invoicing usually requires greater operational knowledge than accounting knowledge, it’s typically more efficient to keep this function in-house. Invoicing is traditionally thought of as an accounting function, but the ease of creating invoices in a cloud-based accounting system makes it accessible to everyone. To avoid not just fraud or embezzlement, but also financial mistakes, you should rely on key individuals in your business for treasury access rather than outsourced accountants. Unlike the accounting department, the treasury department consists of people that have actual access to the bank accounts and cash-don’t confuse the two! It’s usually best to only allow treasury access to trusted individuals. You need to make sure the accounting firm is the right fit to help you outsource to avoid the costs of finding a new firm. The same applies to finding the right accounting firm to outsource to. There is typically financial cost associated with employee turnover. Weigh your options and act accordingly.Ī key cost that many small businesses overlook is employee turnover. The disadvantage, however, is that you might have to project manage and help coordinate between them. This can be beneficial since you will have two separate firms checking the work. Please contact us on or You can also call us on 02.Some businesses prefer to keep their accounting and tax firms separate. We offer a free, no-obligation trial of our services. ![]() If you are looking to take your Accountancy Practice to the next level, and improve the scope and quality of your accounting services work while reducing costs, you can arrange a free consultation with our expert team. We get to know our customers’ plans for growth and have helped many UK Accounting Practices to scale up their operations quickly, ensuring constant access to resources you can rely on. While we take pride in the approach we have developed, if you prefer, we can use the document management systems operated by your Practice to record our work. We use secure cloud-based technology to ensure our working papers and supporting documentation are available for your review. Your Practice will have a named Initor Global operational manager, who will stay in regular contact with your Practice to highlight any matters arising from our work. We work with you every step of the way to ensure your systems and processes and document management systems are fit for purpose to manage the enhanced workflows and automation your Practice will enjoy. ![]() Initor Global understands the outsourcing of an accounting service is a major decision for any Accounting Practice. If you prefer, we can access your Practice server using secure remote login arrangements. Our teams have experience, and are certified in all major cloud based accounting software which we access from our own secure servers. Initor Global is GDPR and ISO27001 compliant, providing the peace of mind you need that your client data is always secure. Initor Global services are delivered to the highest professional and quality standards your Practice expects. You can arrange a free, no-obligation trial of our services. Our team of accountants and other professionals provide the services your clients need, with our rates typically 50% less than the equivalent service in the UK. ![]() We help your Practice update its workflows to ensure the smooth transmission of data to our teams, which in turn ensures an effective turnaround of work. Our accounting services are completely flexible and can be scaled to meet your growth plans, address peaks of work or eliminate backlogs of work. You can commission services on an ad-hoc basis or using a dedicated, named resource, who will work remotely as part of your team. We tailor our services to your specific requirements. Regardless of your outsourced accounting needs, we have the solution for you. Our customers range from the largest Accounting Firms in the UK to Sole Practitioner accounting businesses. Our teams are based in India and we have a customer experience hub with qualified accountants based in the UK. Our customers trust our team of 150 accountants and other professionals to provide accounting services fully compliant with UK rules and regulations, meeting the highest professional quality standards. Initor Global has been providing outsourced Accounting Services to UK Accounting Practices and other businesses since 2006. ![]()
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