4 Benefits of Outsourcing Finance & Accounting

It is a mantra drilled into the mind and hearts of all QX F&A team members: walk the extra mile. Whether it is implementing a new accounting software or ensuring a smooth or transition a complex project rapidly, we go out of our way to make it work. And when our clients tell us the reasons why they are happy with their decision of outsourcing accounting and finance functions to us, we feel content and appreciated.

So why do clients vouch for QX F&A? What benefits are our outsourced accounting services delivering to the clients? Let’s hear about it in our clients’ own words.

Please note: We haven’t revealed the names of our clients due to non-disclosure agreements between us

Partnership approach

A Student Accommodation provider is delighted with the QX approach and the eagerness of the team to work as a part of the UK team.

“Since contracting QX Ltd in summer 2010 I have been really impressed with the ‘QX approach’ towards client accounting services. I believe they are different because they work to achieve the objectives of the client by working as part of the UK team rather than just being an outsourced support or cost saver. Our Management Reporting has come on a quantum leap since we engaged QX. I would personally like to thank our QX colleagues for their dedication and the quality of work which they have been able to deliver on-time and consistently. It’s been a real pleasure working with QX.”

Speed, accuracy and responsiveness

A healthcare recruitment services agency appreciates how quickly our team was able to understand their business and start delivering benefits.

“As a leading healthcare staffing company with thousands of people working for us on a daily basis, we require a high level of accuracy along with speedy processing. So, when we approached QX, it was a priority for us to find a company that could understand how our business worked. We needed a team that could rapidly grasp our processes and start delivering efficient payroll services. I am pleased to say that QX was able to transition within a short period of time. Over time, I was impressed with their quick response to suggestions for process improvement and the willingness of the team to walk the extra mile to meet our expectations.”

Value for money

A leading healthcare recruitment agency is impressed with the accuracy, timeliness and quality of the services provided by QX F&A.

“Having worked in Healthcare recruitment for over 13 years with another leading Healthcare Recruitment Agency, I have a wealth of experience running a Finance Department based in the UK, overseeing payroll, Credit Control, Sales Ledger and Purchase Ledger. I had previously looked at the potential of outsourcing some of my payroll and accounting functions to India but did not feel this was going to add great value and would have been fraught with problems. Having now been with my current company for 9 months I am very happy to say it is a pleasure working with QX and I have been very impressed with the level of delivery both in accuracy, efficiency and value for money. The QX team are always more than helpful, very professional and accommodating and as a previous sceptic, I can honestly say that I have been converted to outsourcing through QX! The best compliment I can give to the team and the way our relationship works is that they are in effect an extended arm of our business and the relationship is the same as working with internal staff just based in another office.”

Quality service

The FC of an IT solutions company is able to focus on higher-end tasks, knowing that they can rely on QX F&A team for its finance functions.

We outsourced to QX in February 2009 and we have been delighted with the service we receive. Apart from the cost savings, this achieved we now have our Monthly Management Accounts produced much more quickly than previously and our processes are applied more rigorously. Outsourcing this aspect of our Finance Team freed up our Financial Controller to work on the more complex accounting policies and allows him to concentrate on providing specialist advice to our business on financial matters.

Planning to outsource finance and accounting services to India? We are sure we can make it work for you. Get in touch with us and tell us about your requirements.

Originally published Sep 19, 2019 06:09:37, updated Jul 02 2024

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