Outsourced Finance Department
A complete finance function without the cost of an in house team
Our outsourced finance department service provides businesses with structured financial support, clear reporting, and ongoing guidance. We act as an extension of your business, taking responsibility for the day to day financial function so you can focus on running and growing your company.
A fully supported finance function for your business
Managing finances internally can be time consuming and costly, particularly as a business grows. An outsourced finance department gives you access to experienced financial support without the overhead of employing an in house team.
We work closely with you to understand how your business operates and provide a joined up approach that keeps everything organised, compliant, and running smoothly. With regular communication and responsive support, you always have clarity over your financial position.
Day to day financial management
Overseeing bookkeeping, reporting, and financial organisation.
Payroll and supplier payment support
Ensuring staff and suppliers are paid accurately and on time.
VAT and compliance oversight
Managing VAT and financial compliance requirements.
Cash flow monitoring
Maintaining visibility over cash flow and upcoming commitments.
Financial reporting and insight
Providing clear reports that show business performance.
Ongoing financial guidance
Supporting decision making and future planning.
Frequently asked questions
What is an outsourced finance department?
It is a complete external finance function that manages your bookkeeping, reporting, and financial processes on your behalf.
How is this different from standard services?
Budgets should be reviewed regularly, especially if income or costs change. We help agree a suitable review schedule.
Will you work alongside my existing systems?
Yes. We can work with your current software and processes or help improve them where needed.
Is this suitable for small businesses?
Yes. The service can be tailored to suit growing small businesses as well as established companies.
Can the service grow as my business grows?
Absolutely. Support can be scaled up as your business expands and your needs change.
Will I still have visibility over my finances?
Yes. You will receive clear reports and regular communication so you always understand your financial position.
EXCELLENT Based on 16 reviews Posted on Google Steven FrenchTrustindex verifies that the original source of the review is Google. Amazing Service always able to help quickly & give you the answers so you can understand.Posted on Google Mark WillardTrustindex verifies that the original source of the review is Google. My company has used Penney's for the last 10 years. They have always been extremely helpful, competent and quick to respond to requests for help. They also handle our payrol. They are the ideal partner for the smaller business.Posted on Google Book A HolidayTrustindex verifies that the original source of the review is Google. We are very happy with Penney's wonderful service. Thank you for all your hard work guys.Posted on Google Kelly PhillpotTrustindex verifies that the original source of the review is Google. Absolutely outstanding accountants! Highly professional, extremely knowledgeable, and consistently deliver accurate results with exceptional service. A truly trustworthy team that goes above and beyond-highly recommended!Posted on Google Velaris MarketingTrustindex verifies that the original source of the review is Google. As a small business, I wanted a local, reliable accountant and was recommended to Penney's Accountancy. From the first meeting with Sue, the honest and transparent advice was refreshing and cemented my decision to work with them. Callum and the team have supported me with tax returns and their communication has always been fantastic. They really look out for you as a business and a client, giving clear, honest recommendations that support you and ultimately the growth of your company. I wouldn't hesitate to recommend them.Posted on Google Sue ClarkTrustindex verifies that the original source of the review is Google. We have been with Penney's for a number of years now and without fail they provide a friendly and approachable yet utterly professional service. As our organisation has grown over the years, Penney's have always been on hand to assist with our accounting needs, whether it be invoicing, payroll, tax affairs or year-end services, all team members are always on hand and happy to help with sound and invaluable advice!Posted on Google Andy ParslowTrustindex verifies that the original source of the review is Google. Top service from Penneys, great knowledge and highly recommendedPosted on Google Taylor BrownTrustindex verifies that the original source of the review is Google. Fantastic service, Great communication - I would highly recommend!Posted on Google George Parker-JonesTrustindex verifies that the original source of the review is Google. Friendly service and just what was needed. A breath of fresh air!Posted on Google Ms DecoratingTrustindex verifies that the original source of the review is Google. I have been a client of Penny's Accountancy for a considerable period, and I must say, their services have greatly contributed to the advancement of my business. The team at Penny's Accountancy demonstrates exceptional professionalism and expertise in their field. Their commitment to providing excellent accounting services is evident in their attention to detail and dedication to client satisfaction. Since enlisting their services, I have experienced significant growth and improvement in my business operations. Penny's Accountancy has consistently provided sound financial advice and effective solutions tailored to my business needs. Their support has been invaluable in navigating the complexities of business finances and ensuring compliance with regulations. I wholeheartedly recommend Penny's Accountancy to any business seeking reliable and proficient accounting services. They have truly been a cornerstone in the success of my business, and I am grateful for their unwavering support and expertise.
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