This article was published in the Cambridgeshire Chamber of Commerce magazine.

Financial & Accounting knowledge are key skills which all businesses & individuals require. Some businesses may need help in controlling their finances whilst others may require assistance with cost savings & increasing profits in the current business climate.

You can count on Genesys Business Services Ltd (GBSL) to help as they are the “Accountants with a Difference!” They not only provide a complete Financial & Management Accounting services, but also provide value added services to their clients.

The philosophy at Genesys Business Services Ltd is:

1. To work with their clients as partners in their business.
2. Provide a range of Accounts services including VAT Returns, Taxation, Payroll & Financial Models.
3. Fixed fee.

The following case studies indicate where Genesys Business Services Ltd made a difference to client’s business while working in partnership with them.

Case 1 : Help My Finance staff has left on early maternity leave & I need urgent temporary cover.

Issue: Full time accounts staff went on early maternity leave leaving the Finance Director had to carry out routine accounts in addition to his busy workload. Backlog of work needed urgent attention.

Solution: GBSL provided temporary cover, reviewed & recommended improvements to the business processes (Part of our value added service) to reduce costs.

Benefit: Process Improvement and Staff Costs reduction. The company has retained GBSL for ongoing process improvement projects.

Case 2: Can you improve our Payroll Process? We have a cash flow problem!

Issue: Client employed 20 staff including construction industry scheme personnel – paid in various cycles such as weekly, fortnightly and monthly.

Solution: Reduced Payroll frequency with the agreement of staff.

Benefit: Cash Flow savings reduced Payroll frequency, Staff time & Costs. GBSL is currently managing their Payroll system

Case 3: We need someone to look after our routine accounting function.

Issue: A Finance Company employed 2 full time accountants. Management wanted GBSL to review the accounting processes and suggest cost saving proposals.

Solution: GBSL assessed the client’s processes and recommended that work could be completed by employing one staff for 2 days per week.

Benefit: Savings in staff Costs & process improvement. The Company has retained the services of GBSL.

Interested? Why not start by visiting our website: www.genesysuk.com

Alternatively, just call me on 07921 885 839. I’ll be delighted to discuss the ways in which we can start helping your business to become more profitable.

Genesys Business Services Ltd article in Cambridgeshire Chamber of Commerce magazine