HOW OUTSOURCING WORKS

Per Job

Ideal for Quick Tasks: Perfect for handling small, one-off jobs efficiently

  • Transparent Estimates
  • Task Breakdown
  • Prompt Execution
  • Full Management
  • Payroll Efficiency
  • On-the-Fly Solutions
  • Support Channels
  • Dedicated Account Manager
  • Scalability

Per Hour

Ideal for Building Initial Partnership: Perfect for establishing a strong working relationship from the start.

  • Transparent Estimates
  • Prompt Execution
  • Efficient Invoicing
  • Fixed Hourly Rate
  • Resource Management
  • Administrative Relief
  • Cost-Effective Payroll
  • Versatile Solutions
  • Responsive Support
  • Dedicated Account Manager
  • Scalability

Fixed Hour

Ideal for Long-Term Partnership: Perfect for maintaining ongoing associations.

  • Transparent Estimates
  • Efficient Invoicing
  • Fixed Hourly Rate
  • Resource Management
  • Administrative Relief
  • Cost-Effective Packages
  • Responsive Support
  • Dedicated Account Manager
  • Scalability

Dedicated Resource

Ideal for Sustaining Long-Term Partnerships: Perfect for maintaining enduring relationships.

  • Tailored Resources
  • Structured Reporting
  • Flexible Staffing
  • Efficient Management
  • Contractual Clarity
  • Leave Entitlement
  • Administrative Relief
  • Integrated Expertise
  • Responsive Support
  • Dedicated Account Manager
  • Scalability

Flexible Model

Aligned With Your Vision

‘Flexible Model’ represents an optimal approach to outsourcing work. By establishing a dedicated team through Finnet, you maintain control and benefit from the expertise of qualified professionals who adhere to your processes and operate within your systems. With an outsourced accountancy team, you can expand your workforce without the challenges and risks associated with direct employment.

Finnet carefully selects, employs, and trains team members who work exclusively for you. You have the flexibility to provide training in your specific systems and processes, if needed, (including an option to manage their work just as you would for an in-house employee). Additionally, we offer comprehensive HR support, including timekeeping and performance management.

Establishing Your Dedicated Accounting Team Offers Significant Advantages
Team Extension: This Flexible Model simplifies team expansion. By training your team in your systems and procedures, you ensure work is executed to the highest standards.
Focus on Value: With your Finnet team handling compliance work, you gain time to concentrate on client value addition, practice growth, and well-deserved breaks.
HR Streamlining: Recruitment can be challenging. Finnet manages workspace, computers, and day-to-day HR tasks for your team, ensuring their happiness and productivity.
Cost Reduction: An outsourced team reduces costs & expansion risks. Finnet’s Flexible Outsourcing Model delivers up to 50% reduction in payroll costs while maintaining quality and control.

Our On-Boarding Process For Your Team Members

Get to know your business Meet you & your team to understand your business
Proposal
Sign off and start Finding your match, The Search Develop a detailed person specification and job description.
Advertise the position and collect CVs from candidates.
 Selection Process Invite carefully selected applicants for an interview.
Leverage HR expertise to find the best fit.
Ensure alignment with your business and your team.
 Assessment Administer accountancy tests to assess understanding.
Compare candidates against the person specification and job description.
Present the best candidate through a video. Interview Conduct Zoom interviews to evaluate fit.
Share your decision afterward.
If needed, explore additional candidates.
 Starting The chosen candidate joins the Finnet team.
Onboarding covers legal obligations, orientation, & workspace setup.
Building relationships within the supportive Finnet group.
 Training your new team Intensive training in accounting and tax (UK context).
Training in Xero or QuickBooks based on preference.
 Set up preferred accounting software and systems.
Train the candidate in your processes.
Monitor their work as part of your team.
 Onboarding with You On-Going Finnet Support Continuous support for assigned Finnet team members.
Focus on learning development, employee engagement, performance management, labor relations, and retention.
Regular communication to ensure success.

Project Management Approach 

Strategies 

To develop an overall plan based on overall project requirement, identify key stakeholders and tasks for establishing deliveries

Plan

Devise a detailed, time-specific action plan with clear objectives, assignment of responsibilities and task description

Execute

Implement the plan developed with coordination & communication with the responsible parties & periodic reporting to all stakeholders

Implement

Ensure the project objectives are being achieved, task are being performed as per schedule and highlighting any red flags or deviation on a timely manner

Support

Liaise, communicate & coordinate to ensure effective resolution of all issues, challenges & unexpected disruptions. Providing assistance to all concerned for the timely achievement of the project objectives