Business Owners

Outsourcing your accounting function frees up your
valuable time enabling you to formulate, develop and
execute strategies for growing your business. Jackson Stephen Outsourcing can provide Business Owners with:

- timely, reliable financial information

- analysis of results to allow you to make informed business decisions

- a concentration of attention to key areas of success or
concern

- a flexible service in relation to requirements, thus avoiding excess staffing within your business

- a review and assessment of the efficiency of your systems

- ad hoc work on specific projects as required

Financial Directors

Release the time you spend on day to day accounting and concentrate your expertise on analysing information and developing strategies to enhance the business. Jackson Stephen Outsourcing can provide Financial Directors with:

- a back office finance function, tailored to your specific
requirements

- a service ranging from bookkeeping to management
accounts

- improve the quality and timeliness of the financial
information you receive at a reduced cost

- a flexible service depending on requirements such as
bookkeeper, payroll bureau, or IT provision

- comfort that the work will get done irrespective of holidays or sickness

Investors

Jackson Stephen Outsourcing can provide investors with:

- a full reporting package including key performance
indicator (“KPI”) analysis and commentary on significant
variances

- an independent finance function

- on site presence working closely with your clients

- an objective view on issues and managing implementation of strategies

- an agreed monthly cost, included within clients budgets

- an improvement of your risk management, by bringing you closer to the performance of your investment

Back Office Accounting Function

Jackson Stephen can act as a one-stop shop for all your business bookkeeping and accounting needs.

Your business may not require a full bookkeeping service and therefore we offer you a tailored solution that will dovetail with your existing finance function.

We can provide the following services:

- Sales invoicing and credit control

- Purchase ledger maintenance and making payments to suppliers

- Bank reconciliations

- Accruals and prepayment calculations

- Recording and maintaining a fixed asset register

- Checking and reimbursing expense claims

- Experienced in the major computerised accounting packages, an approved Sage reseller

Management Accounts

We prepare management accounts that are accurate and timely, not only providing you with the financial information, but also the analysis and interpretation of the financials produced, thus freeing up your time to drive your business forward.

Financial controller role

Our financial controller role is a valued service for owner managed businesses, large enough to require high level accounting assistance, but who see the cost of a full time employee as being prohibitive.

The role can involve a number of duties including detailed review of financials and reporting to the board, advice on fundraising and specific analysis and advice as and when required.

Payroll bureau

- Regardless of holidays, illness etc your staff need to be paid on time. Not only do we guarantee confidentiality, with a dedicated specialist team, we ensure that staff queries are answered and acted upon in a timely and professional manner

- We can also arrange payments from the company’s bank account directly into the employees’ personal accounts along with advising payments due to HM Revenue and Customs and dealing with any Attachment of Earnings

A small, but ambitious and growing client approached us to help them recruit a financial controller to improve the financial information available to them. They were using a marketing employee to input information and it was taking more and more of their time, issues were not being resolved quickly enough and the business was suffering.

We discussed their requirements further and found that they were at a critical point in their business development. They obviously needed accounting support to help drive the business forward but could not justify the cost of a full time Financial Controller.

We seconded a member of our outsourcing team to the client once a week to raise the sales invoices, post the purchase invoices, perform supplier statement reconciliations, and look after cash management, including the settlement of suppliers.

We implemented new controls, set up systems and undertook not only all the essential administrative accounting work but also reported on the monthly accounts we produced. This, not only released existing staff to return to their own specialties, but also provided the information and analysis to allow management to concentrate on the strategic direction and growth of the business.

Although they are now large enough to justify employing their own accounts department and Financial Controller, they have asked us to continue with our outsourced service as we are still much more cost effective and they are pleased with the reliable and timely information and analysis we provide.