Sollertia Blog

When it comes to outsourcing for accounting solutions, UK companies understand the importance of choosing a provider that closely meets their operational needs and will help them achieve their goals.

As with any service, it can be difficult to sort the wheat from the chaff and pick the most suitable accountant to work with. These four tips should help you make that decision:

Background checks

Most reputable businesses will provide client testimonials in some form or other, but have you ever thought of speaking to your potential accountant’s clients directly?

It’s something that most of us can relate to outside the business sphere; for instance, if you planned on staying at a hotel and knew someone who had been there previously, you would ask them for their opinions on the condition of the rooms and the quality of the amenities.

The same could be said in the search for a reputable accountant. When contacting their clients, don’t weigh them down with a thousand questions. Instead, ask them about the relationship they have with their service provider, and let their answers have a bearing on your final decision.

Software

Various computer programs are used by accountants across the UK, but you need to make sure your prospective provider is using industry-leading software. Doing so will increase the chances of data being exchanged seamlessly, while at the same time reducing the risk of sensitive information being compromised.

If you’re new to financial software and find yourself unsure, simply ask your accountant; professionals will be willing to explain about the programs they use and the ways in which they will benefit your company.

Business associates

If you are a member of a business network, remember that you are meeting with others who use accountancy services on a regular basis. Speak with your associates and ask them for recommendations.

If your network has an accountancy firm as one of its member companies, be sensible in your approach; don’t allow yourself to be pressured into paying for their services simply to avoid awkwardness in future meetings. Be honest with yourself about the suitability of their offering.

Attitude

You don’t just want a provider who will manage your accounts and taxes; an experienced and passionate professional in the field will be much more proactive than this.

In the UK, there’s a fine (albeit distinct) line between tax evasion and avoidance. You need a provider who will save you money not just legally, but also ethically. After all, certain strategies might not get your company in trouble with the law, but they may harm your reputation.