Finance & Accounting services for the

Student Accommodation Sector

 

Most student accommodation providers manage thousands of individual lettable properties across dozens of sites. In addition to the complexities arising out of performing accounts for large number & varied types of tenants, student housing providers are also expected to comply to ever-changing government regulations.

With a unique partnership approach, QX Global Group holds more than a decade of industry experience in providing end-to-end Finance & Accounting (F&A) services to some of the top Purpose-Built Student Accommodation (PBSA) providers in the UK. Covering 100,000 beds spread across 250 sites, QX has continued to implement best practices, reduce back-office operating costs,

ENABLING STUDENT ACCOMMODATION TRANSFORMATION WITH END-TO-END FINANCE & ACCOUNTING SERVICES

ACCOUNTS RECEIVABLE

Implement best practices through streamlined Accounts Receivable processes to better manage customer ledgers and cash flow, delivered at reduced costs.

ACCOUNTS PAYABLE

Set up a dedicated team to implement strategic automation, identify cost saving opportunities, build smoother supplier relationships and increase process efficiency for your organisation’s Accounts Payable.

CREDIT CONTROL

Overcome resource-related challenges by offshoring your company’s credit management, ensuring reduced bad debts, optimised cash flows and improved relationships with students.

STATUTORY COMPLIANCE

Leverage industry expertise of compliance experts to stay on top of evolving accounting and taxation regulations, mitigate regulatory risks, streamline compliance processes and implement automation to reduce reliance on manual processes.

MANAGEMENT ACCOUNTS & REPORTING

Outsource labor-intensive as well as analytical management reporting activities to receive insightful, easy-to-digest financial information, mitigate risks, assess your business’ financial performance, shape business strategy and maximise profits.

TREASURY MANAGEMENT

Get tailored treasury management services to suit your orgnaisational needs – resulting in reduced risks, boosted efficiencies and reduced operation costs.

STAFF PAYROLL/PAYE

Benefit from rich industry experience of payroll specialists to ensure timely and accurate high-volume payroll processing, cost reduction by up to 50%, improved reporting and compliance management.

CONSIDERING OFFSHORING F&A FUNCTIONS FOR YOUR BUSINESS?
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SERVICE BENEFITS

Our end-to-end F&A services bring about a range of benefits for PBSA providers


SMOOTH TRANSITIONING

Experience seamless migration from current to QX processes with a robust transition model

IMPROVED EFFICIENCY

Boost team efficiency for F&A functions and shift onshore team focus to strategic functions

REDUCED COSTS

Cut down on your finance & accounting operations costs by up to 50% through process improvement and automation

PROCESS AUTOMATION

Automate redundant & repetitive tasks by implementing the right tech stack and intelligent automation

INSIGHTFUL REPORTING

Benefit from insightful financial information to assess business performance and take growth-focused decisions

COMPLIANCE MANAGEMENT

Work with a GDPR compliant team to ensure data security and end-to-end compliance management

CLIENTS SPEAK

Hear what some of our key clients from the PBSA Industry have to say about us

Steve Wild
Victoria Hall Management Limited
WANT TO KNOW HOW QX’S F&A SERVICES CAN BENEFIT YOUR PBSA BUSINESS?
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SOFTWARE ABILITIES

The QX Team works with industry-standard software to streamline finance and accounting for student accommodation providers. Additionally, we are also flexible to incorporating any additional systems in our solutions to suit your specific organisational needs.

RESOURCE ZONE

Explore more to gain insights into student housing

10 WAYS STUDENT HOUSING MANAGERS KEEP PROPERTIES OCCUPIED

What are the key steps taken by student housing property managers to ensure healthy occupancy rates? Find out here.

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STREAMLINING F&A AFTER MERGERS & ACQUISITIONS

When new sites and properties are added to a PBSA portfolio, the finance & accounting processes need to be realigned. Here's how you can get it right

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8 KPIS STUDENT ACCOMMODATION OWNERS, INVESTORS AND MANAGERS NEED TO TRACK

Key performance indicators that student accommodation leaders must keep an eye on for boosting revenues and ensuring operational excellence

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CONSIDERING OFFSHORING F&A FUNCTIONS FOR YOUR BUSINESS?
GET IN TOUCH