How Large Accounting Firms Structure Offshore Delivery, and What Smaller Practices Can Copy
Introduction It’s the second week of January. One partner is reviewing a CT600 at eleven at night. Another is preparing the self-assessment return she was supposed to be reviewing. Everyone is doing everything, and files come back from review needing rework because nobody had time to prepare them properly the first time. Large accounting firms […]
Client Data Security When You Outsource Accounting Work From the UK
Introduction The fee is agreed, and the trial jobs came back clean. Then the proposal reaches the compliance partner’s desk, or the MLRO’s, and the questions change. Where does our clients’ data actually go? Who can see it? What do we say if a client asks, or the ICO writes to us? That objection stalls […]
UK Accounting Outsourcing Companies in India: How to Run Proper Due Diligence
A practice’s second outsourcing decision is always made differently from its first. The first time, it usually buys a pitch: a tidy deck, a stack of CVs with CA and ACCA after the names, a price per head, and a promise of a five-day turnaround. Month one goes well. By month four, the preparer on […]
Finance and Accounting Outsourcing: Which Workflows Should Leave Your Practice First
Every conversation we have with a UK practice about finance and accounting outsourcing starts the same way. Someone asks, “what should we outsource?” It’s the wrong question, and it’s usually the reason outsourcing arrangements stall after a promising first quarter. The honest answer to “what can be outsourced” is: eventually, almost everything except the client […]
Outsourced Accounting Services UK: A Practice Owner’s Guide to Getting It Right
Most practices do not decide to outsource. They arrive at it. It usually happens in a specific week. Someone hands in their notice in October. The job goes on the market, three CVs come back, two of those candidates stop replying, and the one you liked wants £6,000 more than the role was budgeted at. […]