Let’s get one thing straight. Accountants, accountants like us at least, are among the most trusted professions in the world. So, when you give us access to your finance email inbox, you’re not really taking a risk. In fact, asking your accountant to be your remote finance manager might just be the best decision you ever made.
Everyone Needs a Finance Manager
If you’re anything like one or two of our long-time clients, you are probably doing your business a favour. Why do we say this? Well, let’s take John*, for example (*names have been changed). He’s one of the most gifted carpenters we’ve ever met. Boy, can he design and build a kitchen! And the customers love him and his team. He’s got more charm than a lawyer chasing an ambulance. One thing he’s not so great at is cash flow. And answering emails. And scheduling payments. And sending out sales invoices. You get the idea.
Business Friendly Finance Manager and Accountant in One
So this is where we come in. As his accountants, we have a really good insight into the health of his finances. We see what’s coming in and what needs paying and when. By allowing us to manage his finance email inbox, we can monitor requests for payment, make the necessary arrangements (with John’s approval), process all the bills and enter them into his accounting software of choice, and make sure that sales invoices are sent out on time and followed up on.
Admin Solutions and Better Business Management
How has John benefited from having his accountant act as his finance manager? He no longer gets the cold sweats checking his email, he no longer wonders what this new bill is for, and he no longer sees the dreaded “Overdraft reached” notice on his bank account. Oh, and he has freed up at least 3 days’ worth of time each week to spend designing beautiful bureaus for customers, quality controlling his most recent installation, or swinging his niblick.
Let’s break down a few specific reasons you should consider including your accountant to do more than just file your tax return:
1. Your Accountant as a Remote Finance Manager
Yes, bookkeeping and accounting are the cornerstones of financial management, but this is just the beginning. Having your accountant as a remote finance manager means we take the information we learn from your books and help you make good decisions about things like cash flow, tax, and business growth strategy. Accountants, by nature, are trained to spot trends, plan for the future and create a healthy financial environment for your business to flourish. And remember, you’re still the boss. We might have a bucket full of suggestions, but at the end of the day, you decide if and what to implement.
2. Inbox Management. Happy inbox, happy business
This is so much more than just reading and filing. We have a failsafe system – nothing gets missed and nothing gets lost. Think of us like your very own Moneypenny – no, wait – more like a Q. Efficient processing of incoming emails, bills and requests and a relentless pursuit of unpaid invoices. This really makes so much sense. Instead of forwarding all this information to your accountant, we already have it. And, if you have staff who need to be reminded to submit expenses, then we’re the ones to follow up with missing receipts. The only deadlines you need to worry about are those related to the running of your business.
3. Affordability matched to your needs
What’s the main reason everyone doesn’t just get a finance manager to steer their business into the deep waters of success? Money and demand. Good finance managers can be expensive, and most small businesses are just not large enough to justify making these tasks into a part-time, let alone a full-time, position. The beauty of using your accountant to take on the role of a finance manager is that you can pass on certain tasks gradually and according to the needs of your business. For a full list of what we can do, see our services page here. Think of these lists as a pick-and-mix option. We’re interested in supporting, not dictating, how you run your business.
So, what are the next steps? For a general idea on what we can do for your business and how much it will cost you, follow the link here. If you’re ready to get more specifics, give us a call or WhatsApp on this number: 0151 662 0669. Speak soon!
