“We have been using GroForth’s services for over a year. We engaged them during a period of change in our organisation. With their support we implemented a new accounting package, reviewed and updated our sales and supplier invoicing processes, implemented new options for easier customer payments and eliminated procedures which were no longer working for us. By engaging with Groforth ultimately, we enhanced our financial management reporting and built additional resilience into our processes. The book-keeping team in GroForth are easy to deal with, knowledgeable and responsive.”
SUPPORTING ACCOUNTANTS
01 Do you want to increase your firm’s capacity without hiring additional staff?
02 Do your clients struggle with bookkeeping or need help to keep their business records up to date?
03 Are you spending too much time chasing missing documentation or finding and resolving errors?
Time is usually the number one challenge for accounting firms. GroForth’s back office services are designed to free you from time-consuming, low-value tasks like chasing missing receipts so that you can concentrate on developing and growing your practice.
Our services for accountants include:
We offer everything from basic bookkeeping, payroll and management accounting support to data analysis and reports. Our services include:
- Chasing missing receipts and documentation
- Finding and resolving inconsistencies,
- Reconciling balance sheets,
- Checking profit and loss accounts,
- Ensuring fixed assets are correctly recorded,
- Bank reconciliations,
- Payroll support,
- Issuing RCT reminders,
- Generating management reports
Advantages of using GroForth's back office service for accountants:
Time: By freeing you from mundane tasks, we give you more time to focus on your business.
Accuracy: By streamlining processes and ensuring that records are kept up to date, we enable you to access accurate, timely information about each client’s financial position 24/7. This allows you to be more confident when giving advice.
Cloud accounting support:
We support most of the well known cloud-based solutions including Xero and SortMyBooks.
Capacity / Savings: Smaller accounting firms often find it difficult to compete for talent or worry that they may not be able to generate enough new business to offset the cost of hiring staff. GroForth helps firms address these concerns by providing you with additional capacity without the need to recruit additional staff. This means you don’t have to worry about providing salaries and training. You also avoid having to provide technology and office equipment for an in-house team.
Work/Life Balance:
Access to accurate records means fewer late nights reconciling accounts ahead of tax deadlines.
Accounting firms we work with
We work with accounting firms across Ireland, saving accountants time by improving the accuracy and consistency of their clients’ record keeping.
What Our Clients Say About Us
A pain point for most businesses like ours is bookkeeping, we have used GroForth for many years and they effectively alleviate it. They are responsive and care about the outcome to all queries.
Alan Lyons, Director of KinchLyons Limited
FAQS
How does your back office service for accountants work?
As part of the monthly service, we liaise with you, or with your clients on your behalf, to acquire the necessary paperwork to complete our work. If something is missing, such as a receipt, we do the chasing, so you don’t have to worry about it. Documents supplied by your client are submitted to us either online via an app or by post to our offices. We scan and digitise everything through to our cloud solution no document is left unturned.
How can I be sure that my client’s data is secure?
At GroForth, the protection of clients’ data is our top priority. All of our systems and files are protected to the highest of standards and we regularly undergo audits and reviews to ensure that we are adhering to these protocols.
How does your service add value for my accounting firm?
Aside from necessary meetings where an issue is identified in the accounts, we will meet with you every three months to discuss each client and provide you with our insights. This enables you to make well informed decisions about the advice to be delivered at your next consultation with the client.
