Books and reconciliations
- Sales and purchase ledgers
- Bank and credit-card reconciliations
- Expenses and bookkeeping
- Catch-up and clean-up work
Managed Finance Services
The monthly finance cycle, run by one accountable team.
We manage the books, reconciliations, payroll, month-end close and reporting to an agreed timetable. Your figures stay current and ready to use.
The offer
Finance operations that stay current
Books reconciled and ready to use.
Sales, purchases, expenses, bank and card accounts are kept current throughout the month.
A controlled month-end close.
The close follows an agreed checklist and timetable before the management information is reviewed and shared.
Payroll on the agreed dates.
Pay calculations, payslips, PAYE and workplace pensions are managed as one recurring process.
Management information written to be read.
Profit and loss, balance sheet, cash and the operating figures that matter to your leadership team.
The monthly cycle
One timetable from transaction to report
Day-to-day work, payroll, month end and year-end preparation stay connected throughout the year.
Keep current
Record and reconcile
Bookkeeping, expenses, sales and purchase ledgers, bank accounts and cards are kept current.
Run payroll
Complete each pay cycle
Payroll inputs, calculations, payslips, PAYE and workplace pensions follow the agreed dates.
Close
Complete month-end controls
Reconciliations and review points are completed before the reporting pack is prepared.
Report
Share useful management information
The agreed reports are reviewed, explained and delivered to the leadership timetable.
Scope
What Managed Finance Services can cover
Close and reporting
- Month-end close controls
- Management accounts
- Cash and working-capital reporting
- Year-end working papers
Payroll and systems
- Payroll, PAYE and workplace pensions
- Xero and QuickBooks
- Finance-system migrations
- Process and control improvements
Systems
Systems that support the work
We work in Xero and QuickBooks. The agreed process, responsibilities and reporting timetable are built around the selected platform.
When a move would improve the monthly cycle, we plan the data, controls, responsibilities and cutover before the migration starts.
Specialist tax support
Keep tax connected to the same figures
Corporation Tax, VAT, directors’ tax and HMRC correspondence can sit alongside the managed finance service. The work is completed in-house and uses the same current records.
Explore Tax and HMRCImpact delivered
Finance systems ready for international growth
This example draws on work delivered across iRAISE’s global operations and is not presented as a UK-only engagement.
Specialist IT provider
iRAISE prepared the finance function for international expansion and capital-raise readiness. Automation and a finance-system migration supported growth across markets without interrupting the monthly cycle.
Questions
Questions about managed finance
Can you bring our books up to date first?
Yes. We assess the current position and include agreed catch-up and clean-up work in the written proposal.
Can you take over during the financial year?
Yes. We agree a handover date, opening balances, access and the first reporting timetable with you.
Who runs the payroll?
Our own team runs the agreed payroll process and timetable.
Can Tax and HMRC support be included?
Yes. Corporation Tax, VAT, directors’ tax and HMRC correspondence can be included in the scope and handled in-house.
How quickly do you answer questions?
We acknowledge queries within one working day and normally answer them within one to two working days.
Start with a free call
Tell us what you need. You get our approach and our fee in writing, with no obligation and no charge for either.