Outsourced Finance
Finance expertise without the overhead.
As businesses grow, so do the demands on their finance function. Maintaining accurate records, managing cash flow, producing meaningful reporting and supporting strategic decisions requires time, expertise and resource that many organisations do not have in-house.
Our outsourced finance solutions provide flexible support that scales with your business. From bookkeeping and management accounts to finance operations and reporting, we can act as an extension of your team or provide a fully outsourced finance function.
Whether you need day-to-day financial support, enhanced reporting or access to experienced finance professionals, we help provide the insight and control needed to make confident business decisions.
How we can help
Our outsourced finance services include:
- Bookkeeping
- VAT and Making Tax Digital (MTD)
- Management reporting and performance analysis
- Cashflow management and forecasting
- Accounting software setup and training
- Accounting system optimisation reviews
- Finance Director support
Whether you need support in one area or a complete outsourced finance function, we’ll work alongside your team. We’ll provide the level of support that’s right for your business.
More than administration
We don’t simply process transactions. We provide meaningful financial information that helps you understand performance, identify opportunities and make informed decisions. Our scalable approach ensures you receive the support you need today while creating the foundations for future growth.
Why choose Monahans Outsourced Finance?
- Flexible support tailored to your business
- Cost-effective alternative to expanding your in-house team
- Improved financial visibility and reporting
- Access to experienced finance professionals
- Scalable solutions as your business grows
- Backed by our accounting and tax specialist and sector expertise
- Support in one area or a complete finance function
- Experienced finance professionals, as and when you need them
- Finance Director expertise without a full-time hire
- A cost-effective alternative to recruiting in-house
- Stronger, clearer financial reporting
- Backed by Monahans’ accounting, tax and sector expertise
With the right financial information and support, better business decisions become possible. Our outsourced finance team helps you gain visibility, control and confidence in your numbers.
Your back office, powered by our expertise.
Meet the experts
Frequently Asked Questions
What is an outsourced finance function?
An outsourced finance function provides businesses with professional financial management support without needing a full in-house finance team.
Who typically uses outsourced finance services?
We work a wide range of businesses at different stages of growth from startups to listed businesses. The one thing all these clients have in common is the need for reliable support on demand.
What services can be included?
Services can include bookkeeping, management accounts, forecasting, cash flow management, digital accounting system support and finance leadership support.
Our service packages are bespoke to each client – you can choose a single service or a complete outsourced finance function. We also offer a separate payroll service.
Can outsourced finance help improve decision-making?
Yes. Clear, timely management reporting and cashflow forecasting show you how your business is performing and where it's heading. With Finance Director support and access to Monahans' tax and sector specialists, you can make decisions with greater confidence.
Is outsourced finance suitable for small businesses?
Definitely. Small businesses often need reliable bookkeeping, reporting and forecasting but can't justify a full-time finance hire. Outsourcing gives you that expertise at a level that suits your size. The support can then grow with your business.
Can support be tailored to our needs?
Absolutely. Some clients ask us to manage their whole finance function, while others need help in just one area. Examples include strengthening reporting, setting up new accounting software or adding Finance Director expertise. We'll agree the level of support that's right for your business and adjust it as your needs change.