Often the first part of our engagement is to undertake a full 360 review of the finance function in a business. We can suggest enhancements to processes and systems before guiding you through the implementation.
Accounting systems form the core of any finance operation and it should be working for your business 24-7. Increasingly, the financial operations for both large and small organisations are being automated.
Where we recommend a new system, we can help migrate data and train your team to get the best use of it and develop your own expertise. We can also provide on going support.
We have partnered with the main accounting software providers, who offer both cloud and hosted solutions. We were one of the first UK firms to partner with Xero and QuickBooks Online, helping them both develop their UK software, which also gives us insight into future enhancements.
In recent years we have seen a trend to outsource more processing, providing greater levels of support and expertise. We can support your finance team in processing transactions, with as much or as little assistance as is needed. Ideally we will suggest automating transaction processing as much as possible but this is not always the case. Complex transactions can require manual processing, as can importing data from other systems. We can help with all or part of this.
We also find that automated systems still need to be checked and reconciled. We can do this as frequently as is required.
Reporting and insights
Once all your financial transactions are recorded, it is crucial key people in your business (organisation) receive the right information. Through a combination of profitability reports and key performance indicators (KPI’s), you can gain valuable insight into performance in the key areas. We can provide all these reports, at agreed times in the month or year, to support you.
A significant element of management reporting is also interpreting the information. The “so what?” question. Each Kingston Smith outsourcing client has a dedicated advisor to help answer this and support from the wider team as required.
The Right Service For You
We will put together a bespoke solution for your business and provide a dedicated adviser who will talk you through the services which are right for you. KS Connect is an integrated software system on a secure platform linking your financials together, giving you a full insight into your business.
Whether you’re starting a business from scratch or transferring from another accountant, getting set up is simple.
We’ll talk to you about what package of services is best suited to your business and then get you up and running: no hidden costs – all within the monthly fee.
If you’re already with another accountant and want to switch then all we’ll need are their contact details and we’ll do the rest.
Just some of the things you get
From £300 per month
Personal Outsourcing Advisor
Year End Accounts
Corporation Tax returns or
Partnership Tax returns
VAT FilingFind out more
From £400 per month
All the features & benefits of the Connect service +
Data analysis reporting
Management accountsFind out more
From £500 per month
All the features & benefits of the Insight service +
Monthly advisor calls
Regular Benchmarking reportsFind out more