The client
An established, well respected accountancy firm based in Sussex, UK.

Situational analysis
With pressure on margins for bookkeeping and statutory reporting work, and the need for the client to differentiate itself further from its competitors by providing more value-adding financial management expertise, the client needed to find a way to reduce the amount of time its staff spent on bookkeeping work and reduce costs. At the same time, it recognised the importance of being able to take on more bookkeeping clients as a way of developing new, higher value business.

Solution
Since January 2006, Outspan have provided the client with a pool of outsourced bookkeeping resources who are able to scale their support for the client up or down, as and when required. Outspan’s team work closely with the client’s accounting team to provide their clients with the bookkeeping and general accounting support they need whilst the accounting team focuses on providing their clients with practical business management advice. All interaction with the end client is via the client’s accounting team and Outspan remain in the background and completely anonymous.

Success metrics
Cost savings of between 40% - 50%

To find out more about how we can support your business, please Contact Us