Outsourcing

Baker Tilly Staples Rodway Auckland offers Baker Tilly Staples Rodway Outsourcing (BTSRO) which effectively takes over your back office accounting and finance function. We manage the delivery of the required outputs whilst providing you with timely and useful information so that you can concentrate on running your business.

The BTSRO approach is to bring the skills, capabilities and technologies which have long been the sole domain of larger businesses and make them accessible to other New Zealand businesses.

Our outsourcing service offering ensures that you have access to the most up to date technology, systems and processes. We put in place the capability to assess the opportunities and effect internal change where desired.

Objectives of BTSRO are simple:

• Make your finance function as efficient as possible
• Provide you with timely and accurate management information

What we do and how we do it

To ensure a smooth transition we typically “step into the shoes” of your finance and administration staff to understand how your systems and processes operate.

This gives you confidence that nothing will be lost on the transition and minimises the immediate impact of the change to the business.

When we have  identified the monthly activities and requirements, a timetable is put in place that defines:

• The required regularity of transaction coding to ensure that user generated reports are accurate and up to date
• A dedicated timeframe for payroll processing and payment
• A dedicated timeframe for authorisation of GST and other taxes
• A dedicated timeframe to obtain authorisation of accounts payable
• The reporting deadline for month end reports.

From this we are able to identify the improvements to systems and processes to make your business stronger and more efficient.

Benefits of using Baker Tilly Staples Rodway Outsourcing

Accurate, timely and informative management reports to make business decisions.

No requirement to manage or train finance staff or resources allowing you to focus more of your efforts on customers, sales and other business operations.

Flexibility for the book-keeping and accounting resource to grow or contract with your business.

One responsible contact for delivery of book-keeping and financial accounting requirements thereby improving efficiency of year end process.

Ability to proactively identify, assess and deliver internal change.

Known and trusted service delivery.

Reduced risk of fraud.

In this ever changing, fast moving business environment we have identified a major transformation taking place – smart technology is enabling more efficient back office processes and reporting.

Third party infrastructure hosting and the emergence of cloud based software as a service (“SaaS”) applications are allowing the new internet based systems to break down the constrictive traditional physical walls surrounding business. This is enabling businesses to operate differently yet not all businesses have the time and resources to implement these advancements.

Small and medium sized businesses have traditionally not had the luxury of employing a payroll clerk, accounts payable clerk, accounts receivable clerk, management accountant, systems accountant and a financial controller.  Often it falls to one or two people to fulfil all functions. In our experience this results in an environment where all tasks are done “ok” but the ability to be implement proactive change is not a top priority. This results in the business missing out on the benefit of a strong and contributing finance function.

With the resources and capabilities that BTSRO has available we are able to provide your business with an efficient and timely service that delivers greater value.