MODELS
Portfolio Management Services
PMS is our USP. Under this option, you assign a set portfolio of your clients for us to do all the backoffice work for you. With this option you can relax, knowing that a significant portion of your workload is being expertly managed for you.
Pay-as-you-go model
With our Pay-as-you-go model, you have the freedom to scale your workload according to your business demands. Ideal for fluctuating workloads, you only pay for what you use, with invoices sent conveniently at month-end. Enjoy peace of mind knowing there are no long-term commitments, giving you flexibility as your business evolves.
Dedicated resource (FTE) model
Choosing this option gives you a dedicated professional to work exclusively with your accountancy practice. They get to know you and how you work, your clients and their requirements; they are your full time dedicated team member working exclusively for you.
- VT Advisor staff A VT Advisor staff member is appointed to your account as required for day-to-day liaison, with a Senior Manager who reports directly to you.
- Software capability QuickBooks, Xero, IRIS, BrightPay, SAGE, FreeAgent, any software used by you
- Data security Secure - 256-bit SSL encryption.
- Payment model You have the flexibility to select from transparent volume and value-based packages.
- Payable monthly
- Unlimited phone and email support
- Trained and cloud certified accountants and bookkeepers who work exclusively for your accountancy practice. Work sign-off by senior manager.
- Dedicated staff managing the portfolio
- Adherence to practice KPIs
- Virtual shop front
- No fee escalation
- Bundled value addition and process consulting
- Cloud-certified accountants
- Software expertise
- Periodic reporting
- Robust review and operating processes
- Suitability Ideal for accounting firms who wants to focus more on advisory services, scale up progressively, act as Financial controller to their clients, requires predictive real time accounting support.
- VT Advisor staff Under day-to-day management of VT Advisor but reports directly to you as your employee.
- Software capability QuickBooks, Xero, IRIS, BrightPay, SAGE, FreeAgent, any software used by you.
- Data security Secure - 256-bit SSL encryption.
- Payment model Fixed resource rates.
- Payable monthly.
- Unlimited phone and email support.
- Trained accountants and bookkeepers who work exclusively for your accountancy practice. Work sign-off by senior manager.
- No hiring or training hassles - we help screen, select, recruit and train accountants as per your accountancy practice's requirements - unless of course you want to be involved.
- Buffer staff to cover long term and unplanned leave.
- More economical than hourly rates if you have high volumes of work.
- Scalable - ramp up resources easily without resorting to costly hiring.
- Suitability Ideal for accounting firms who operate high volume, standardised processes and have a measurable service-level.
- VT Advisor A VT Advisor staff member is appointed to your account as required for day-to-day liaison.
- Software capability QuickBooks, Xero, IRIS, BrightPay, SAGE, FreeAgent, any software used by you.
- Data security Secure - 256-bit SSL encryption.
- Payment model Pay an hourly rate for just the amount of services you use or per individual service as indicated.
- Payable monthly.
- No long-term commitments.
- Trained and cloud certified accountants and bookkeepers who work exclusively for your accountancy practice. Work sign-off by senior manager.
- Suitability Easily quantifiable services like accounts production, filing taxes and bookkeeping are best covered under this model. Some of our clients prefer this approach when they start out, but as their practice grows they generally move to the Dedicated resource model.
Security, infrastructure and people processes
We are GDPR-compliant and our offices adhere to international best practices for information security management.
Secure data sharing
When you work with us, you can be assured your sensitive data doesn’t leave the home turf. It stays with you, while our staff accesses it remotely.
Our India staff uses secure remote desktop software solutions such as GoToMyPC, Citrix, or VPN to log in and access your files on the system, and to complete the work. Contact us if you need any support setting up hosted desktops.
Our efficient outsourcing process
We are a process-oriented firm ensuring we always work according to what’s important to you and your business.
Preliminary discussion
We kickstart our working relationship by discussing your business requirements, reason for outsourcing, and what you hope to achieve with our support.
SLAs Setup
Once the first round of discussions are over, the next step for the VT Advisor team is to understand your document operating procedures. That helps us in setting the right SLAs.
Contract agreement
If you are happy with the SLAs set by us, we then officiate things by signing an agreement that includes the deadlines of the project, data protection clauses, team members involved, etc.
Weekly meetings
We also take this time out to hear your grievances and improve our processes accordingly. It also gives us an opportunity to check you are satisfied with our work and to make any adjustments accordingly.
Service commencement
After the formalities are over and paperwork has been signed and sorted, we take over your pre-decided functions and begin work.