Solutions

Virtual Accounting Outsourcing

Our outsourced virtual accountants are qualified experts in UK tax law who work confidently and efficiently with clients to offer the benefits of an in-house finance team without the commitment.

Larger or long-established businesses tend to have their own financial administrators, finance directors (FDs) or chief financial officers (CFOs). In some cases, though, they’re not ready to make that commitment, even if they find themselves in need of on-tap accountancy expertise. That’s why outsourced virtual accountancy services have become more popular in recent years, taking advantage of the benefits of remote working and improved digital communications.

For accountants, offering the option of a virtual accountant or virtual FD is a great way to add value to clients and increase their commitment to high-value, high-end services.

For many accountancy firms, though, it’s also high-commitment – your partners and managers won’t always have time to spend supporting clients as they might demand under this kind of arrangement. Unfortunately, that means having to limit the extent to which you can sell virtual accountant services. That’s where outsourcing to us can come in handy, removing that blocker on increased profitability.

When it comes to outsourcing accountancy services, as far as we’re concerned, it’s our job to make you look good. Members of our team representing you in work with your clients will always have your reputation in mind. In practice, though, we know businesses tend to be delighted by the advice and support they get from our virtual accountants.

Our pool of virtual accountants, managed from the UK, can handle any of the usual functions an in-house finance administrator might look after, from day-to-day bookkeeping to commentary on management accounts.

I now have a practice that is growing steadily and have the ability to fit my work around the lifestyle I choose. With the expertise they have I am more confident in signing new clients in different industries and markets. My only regret is that I never implemented Diamond years ago.

— Violet, London

Four easy steps

Our process is straightforward and transparent

step one

Initiation

Our UK management team will work with you to set up goals and processes – who is responsible for what and how it will work in practice.

step two

Handover

We'll brief the overseas audit team and get you connected. You'll manage them directly but can call on us whenever you need to.

step three

Processing

The audit processing team will work through the tasks you set them, from reviewing accounts to running audit tests.

step four

Results review

They'll present outputs on the agreed schedule and we'll check in with you to confirm you're happy with the results.

How do you prefer to work?

Talk to us about your processes and challenges so that we can design an outsourcing service for you.