Since appointing AFP Services to handle our accounting and payroll requirements, I have not once regretted this decision. I would expect the high standards of technical expertise and professionalism from any firm of accountants but AFP have additionally marked themselves out by their genuine interest in our business and its success. Brian and his colleagues have become an extension of our small head office team and have made a real difference to how finance is viewed by all of our staff.
CLARE KISSANE - DIRECTOR, UNBIASED
The Unbiased.co.uk website launched in 1998, the site is focused on empowering users with the resources they need to make better informed financial and legal decisions. The website’s subscribers, who are at the disposal of consumers, include Independent Financial Advisers (IFA), Mortgage Advisers, Solicitors and Accountants all of whom provide detailed information of their expertise. Unbiased.co.uk has rapidly become the UK’s leading online destination for consumers and businesses looking to find an adviser attracting over one million visitors a year.
As a web based company Unbiased Ltd is structured to run as lean as possible. Web based companies often have less robust financial controls in pursuit of running low overheads. The Directors of the business understand this inherent risk and are keen to establish rigorous accounting processes and controls that are efficient and concurrent with the company’s structure. More robust controls and processes will also ensure that regular management accounts are reliable and allow the Company’s senior managers to make informed and swift decisions that will grow the business.
AFP took over the management of the Company’s accounting function including bookkeeping, management reporting, year-end accounting, payroll, VAT, tax advice and company secretarial work, the results of this have so far included:
- Making the accounting process more robust and reliable.
- As qualified accountants we understand the complex accounting required for the Company’s revenue, we have taken up the recording and management of this allowing the Unbiased management team to use their skills on other aspects of the business.
- Regular reporting means our client is well informed, improving the quality of their decisions.
- We use Quickbooks for our financial reporting, this has made their management accounts more flexible allowing them to regularly report against pre-set budgets or interrogate financial performance closer than before.
- Management of the day to day accounting means that we are well placed to process the Company’s year-end financial accounts and tax computations.
The business continues to grow with the Directors applying more of their energy and time on market growth in the knowledge that their financial accounting is accurate, robust and compliant.