Some businesses will require accounts to be prepared on a monthly or quarterly basis.
This may, for example, be for the purposes of providing information to your bank to support a borrowing facility or perhaps you want to know what is going on in your business sooner, rather than waiting for your year end accounts, to help your business respond faster and to help you manage the business. We can produce management information in various ways and styles, perhaps just looking for the underlying drivers that run the business.
Serving as the virtual finance department for your business
Accurate and timely financial information is essential for monitoring the health of any business, be it large or small. In order to grow your business and protect it from today’s financial pressures, a regular review of the state of finances is absolutely necessary to achieve your goals. Providers of finance look unfavourably on those businesses who do not produce regular management information, and indeed, can suspend existing facilities if they feel that management are out of touch with the business’s financial state.
At ST-Partnership, as well as helping clients with the preparation of regular management accounts and related information, monitoring cash flow and identifying areas of business opportunity or concern, our management accounts team can literally become the virtual finance department for many businesses.
We can provide clients with a range of support including:
- A full outsourcing facility, either at your offices or ours, which can prove to be more cost effective than employing the relevant staff in-house.
- Assistance to your existing staff, in reviewing and finalising management reports from basic accounting information.
Our partners and staff have many years of experience in working with businesses, and in reviewing the regular management information produced, with the business owner to ensure that the strategic goals of the business are met.
Our partners also provide non-executive services to various companies, where the input and experience is widely welcomed.
Require more information?
If you would like more information or would like to speak to us direct then call us on 020 8863 3337. Or if you would prefer, ask us a question online.