What is outsourcing?
Outsourcing is the offsite management of your finance and accounts function. At Incyt we understand that your finance and accounts function is critical to the long term success of your business. We understand because Finance and Accounting is our business and we care about the quality of service we provide. At Incyt your finance and accounts will be managed by a qualified accountant, offering you a real alternative to employing in house accounts staff.
What is the advantage of outsourcing my finance function?
Cost! No more fixed salary, employer, holiday costs or long term binding contracts. You simply pay as you go.
Continuity of service! No loss of knowledge or experience when an employee leaves. As your trusted finance business partner Incyt will provide continuity of service. You can be confident that your returns are filed accurately and on time and you will always have a professional insight into your business. Efficiency! Incyt will customise your finance and accounting function to make it lean and agile. We will improve and automate processes to provide the service efficiently and effectively.
What if I have questions about my accounts who do I ask?
The account manager who will manage your function. They will be contactable via skype or phone during office hours and will be delighted to assist you with any queries and provide advice and support.
What is the cost of outsourcing my accounts?
As each service is customised the cost is dependent on a number of factors, such as, the number of hours and level of seniority required. After the initial free consultation we will provide a no obligation quote for your customised service. Whether you simply require a bookkeeper and periodic Revenue compliance or you have an in house bookkeeper and require a more senior accountant overview we provide the service.
At Incyt we believe in fee transparency. Our service fees are always agreed with you beforehand and payable on a monthly basis.
Will I lose control over my accounts and data?
No. You retain ownership of your accounting system and data. Incyt will access the accounting system and data as the data processor for your finance and accounting function.
Is there a long term contract for this service?
No. At Incyt we are confident in the quality of our service, so we don’t bind clients into long service contracts. We will provide you with a letter of engagement to cover the services provided which you may terminate with written notice at any time without penalty.