Virtual accountants for accounting firms
When you want to grow your accountancy practice, you have to add more clients. More clients means, more work load. To take on the additional work load, you need more staff.
It is a struggle to get good quality staff accountants who are dedicated to the growth of your firm. Even if you manage to recruit a few, it costs a lot of money for additional overheads. This is the primary reason why many accounting practices hate to expand even where there is a good scope of expansion.
Manage expansion with Virtual Accountants
Now you have a real chance to easily manage your expansion with Virtual accountants. You can start with one or two resources or instantly build a large team. You can even pick your own team by conducting interviews and by testing their skills.
You can even pick a team including bookkeepers, accountants, taxation specialists and administrators. The team will work exclusively for you and you will direct their work. It is having your own team at an offshore location. Using such a virtual team will cut your costs by 60% or more while increasing the productivity by 30%.
How does a virtual accountant work?
- Your own dedicated accountant – Single point of contact
- You direct their everyday or weekly tasks
- Easy to communicate – UK Phone, Live chat or Email
- Choice of On-line or off-line method – your decision
Using exclusive virtual accountant works very well and we have many success stories. For more information on how it can work for you, just contact us.
How much does it cost to have a virtual accountant?
For a junior level virtual accountant the price is just £952 per month They will do tasks such as journal entries, invoice management, bank reconciliation, VAT returns etc.
For a senior level accountant who can prepare final accounts, compute taxes and do similar tasks, the charge is £1200 per month. In both the cases they will be available to you for 160 hours per month.
Why should you consider using a virtual account now?
Current economic climate is not right to adding expenses to the business. Adding new clients is still important and now probably is the right time to plan your growth. This is the right moment for you to out-smart your competition.
Using a virtual accountant is an easy option. By using virtual accountants, you can plan your expansion with no capital investments or added overheads.
- I thought it will take time to set-up outsourcing. But after I contacted you, it was all done very quickly and you were ready to start immediately.
After setting it up, I realised, how my time could be effectively spent on billable work. I like your quick turnaround and next day service. I am very pleased with Ramesh and Kumar, their quick response and "can do" attitude. They show great attention to detail and I particularly like their questions - It's obvious that they are paying attention to things like unbilled expenses, un-cleared items etc.
Colin Stanford, Guildford, UK