Financial Processes & Controls
Faster, more efficient process flows
Streamline your Finance Function & Accounting Practices
We have a tried and tested method of running finance functions in a way that meets the highest corporate standards. Most SME back-office processes develop organically and while they may share elements with those of other businesses, they are usually unique and are sometimes inefficient. Our professional Finance Managers will review and refine all your processes in order to make your finance functions more cost-efficient and productive. Our team will ensure your business is covering all the key processes in financial accounting.
Are you ready to optimise the back office functions of your SME?
Scalable process flows
We understand that SMEs need to be agile to thrive in the current market and can’t afford multiple levels of checking and cross checking. So, we’ve created a way of working that optimises financial process flows without slowing down your day-to-day operations.
Our process flows have been developed from extensive experience in all levels of corporate business accounting. From that foundation, we’ve created a system of financial processes and controls that have become leading examples for small businesses.
Why Are Financial Controls Important?
Controls exist for two reasons:
- To make accounting functions & financial reporting work better
- To reduce business risk by providing insight into potential problems
Some SMEs have sound process flows but lack controls to provide oversight. This often results in continuous, unseen losses, exposure to bad debt and the potential for escalating costs. Processes without controls are like leaky pipes. You don’t see any damage being caused until it’s too late.
Our finance team apply rigorous checks and controls to your accounting processes, so you have maximum oversight and peace of mind. This includes financial reporting, accountability and maintaining best business practices for covering all the key processes in financial accounting.
Benefits of Using Financial Processes & Controls
- We’ve redesigned corporate standards so they can be implemented with ease in SMEs
- More efficient financial processing
- More time and operational capacity as SME owners gain more business insight
- Extra cash and profit to help grow your business
- Reduced risk with improved knowledge of your business
We bring corporate-level standards and financial processes to SMEs, ensuring industry-leading ways of working no matter the size of your business.
Optimised Accounting Systems
Work faster and more confidently with proper oversight and financial reporting.
More Profitable Business
Thanks to our thorough process reviews and reporting, we can plug the gaps in your profitability and help your SME be more cost effective at every level.
How to Increase Profitability
Download your free guide and discover how small changes can yield big rewards for your business.
- Streamline your revenue channels
- Improve your cashflow
- Audit your costs and outgoings
- Develop new ways to optimise your finances
The YRH team got our accounts and financial reporting into the best possible shape. They provide part of the picture that was missing: insight into what the numbers really mean for our business. - Nicky Imrie, Founder, The PR Network
Jen and her team are able to produce the numbers, explain the numbers, the meaning behind the numbers, the legislation and the taxman’s agenda with a refreshing clarity. - Daniel Hare, Operations Director, Phoenix Plc
YRH has proved invaluable in securing our loan with the bank, which considering the current climate is nothing short of a miracle. - Debbie Knight, Senti Ltd
We will optimise your back office…
… to help streamline your operational growth
More finance management services
Our highly trained team are proficient with all the systems you use and need to help you business run more smoothly.
Our finance managers can help your internal payroll and HR teams work better, to high standards and best practice.
Compliance & Tax
We provide oversight across your back office infrastructure to ensure full compliance and that all legislative obligations are met on time.