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Back office services

Alexander Accountancy’s back office services are for clients who either do not want to or do not have the time or resources to manage all the financial aspects of their business. Alexander Accountancy can monitor suppliers and recommend payment runs, process the payroll and make wages payments, monitor sales and debtors and chase for payment. Alexander Accountancy can even place their own staff in house to act as internal accountants or bookkeepers.

Who can benefit?

This service is ideal for busy business owners with complex or growing businesses who cannot justify the expense of taking on an accountant or bookkeeper. Or those businesses that have lost someone from this role and need someone to hold the fort while they recruit a replacement.

Key benefits:
This service allows clients to delegate all or part of their financial management process, giving them more time and more expertise within their business. It has allowed businesses to continue functioning after losing a key member of staff and in one case it provided the solution to how and why a business was haemorrhaging cash and slowly sinking rather than making progress.

Main outcomes:
Depending on the instruction this could be a recommended payment run, completed payroll bank transfers, fully functioning invoicing and credit control, or regular figures for management of a business and all the previous.

Compliance
The service helps clients businesses function and meet their obligations to maintain complete and appropriate business records.

Alexander Accountancy’s process:
These are regular services and are managed to meet specific delivery deadlines for the applicable periods.

Our expertise:
The services are always provided by someone qualified and experienced at the appropriate level, and where required, reviewed by a senior member of the team.

How we overcome popular misconceptions:
Clients can confuse back office services with a bookkeeping service, whereas it is a lot more hands-on and includes additional duties and achieving the corresponding outcomes. The bookkeeping service is purely processing of data ready for the next stage and does not include further actions.