Business Process Outsourcing
The Complete Back-Office Solution for Overseas Businesses setting up in the United Kingdom
We believe that overseas corporations setting up trading operations in the UK obtain great benefits in outsourcing the financial administration, data capture and financial reporting for their UK business to professionals specialising in providing a complete outsourcing and back-office solution.
The Beechams Outsourcing Solution enables our non-UK clients with business interests here to concentrate on core activities leaving the financial administrative function in the hands of a skilled and experienced team. Our team has proven outsourcing expertise built up over many years in acting for clients around the world and our expertise extends across many industries in retail, manufacturing and service sectors.
Our outsourcing and back-office solution includes:
- Complete financial administration.
- Monthly/periodic management accounts and reconciliations.
- Daily transaction processing of income and expenses.
- Accounts payable routines including payment by BACS/cheque.
- Accounts receivable and debtor collection.
- Monitoring bank accounts.
- VAT returns.
- Payroll processing and administration.
- Financial services.
- Assistance with raising finance and preparing business plans.
- Profit projections and cash flow forecasts.
- UK taxation planning.
- Access to HR consultants.
- Boardroom facilities in Central London.
What Beechams outsourcing team could provide?
- Access to skilled and experienced accounting specialists.
- Access to human resources consultants.
- A solution to your accounting requirements - we tailor our service to your individual requirements and can manage the complete accounts function or those particular areas in which you need assistance.
- Timely and accurate management information.
- Potential savings in costs.
- Ability to concentrate on core activities - The time for you to concentrate on key business decisions and build for the future in the UK knowing that you have the right team working with you.
Why Beechams?
- Many years of experience in outsourcing.
- Skilled team.
- We listen to our clients and provide an individually tailored service.
- Menu based approach - you choose what you want.
- Our fees are agreed on instruction - monthly standing order arrangements can be set up.
- Modern IT platform with an extensive range of accounting software.
- We will work alongside existing auditors.
- Business strategy tools.
Case Studies
Working with companies around the world:
- Recruitment consultancy - we are the financial administration arm of the company- complete services provided - management accounts, debt collection, payroll and human resources, liaison with bank, suppliers paid by BACS, raising invoices, maintain all accounting records. Report to holding company in USA.
- Human resource and property management company providing services to overseas bank and other material interests in UK - management accounts, payroll with BACS service, cash flow and budgets, maintain all accounting records, process expense claims, complete document flow to foreign holding company, check and arrange payment of suppliers invoices, raise sales invoices, working with existing auditors. Close liaison with overseas holding company.
- Telecommunications and software development company - run accounts department for UK company, foreign transactions and currencies, pay suppliers, supply monthly trading information to overseas holding company in USA, payroll & VAT Returns.
If you are intending to set up a business in the United Kingdom or have already done so and think you might benefit from our expertise then we would be delighted to hear from you. Please contact Stephen Ufland, Partner or Laurence Deyong, Director of Outsourcing Services, on 020 7427 5700, direct fax 020 7427 5701.
Beechams LLP is registered in England No OC304423. A list of members is available at 3rd Floor, 167 Fleet Street, London EC4A 2EA.
Beechams LLP is a member of the UK 200 Group, an association of independent practising Chartered Accountants.
Registered to carry on audit work and regulated for a range of investment business activities by the Institute of Chartered Accountants in England and Wales.