Most small to medium-sized companies will not have the budget to have their own internal accountancy function, especially if they are growth orientated. That’s why it often makes financial sense to outsource accounting. But what is involved in outsourced accounting? How is it different to employing the services of a bookkeeper?
About Rory Finegan
Rory Finegan is the Founding Partner of Beyond Accounting. Rory’s journey started over 20 years ago, working as a Chartered Accountant at KPMG. After four years helping clients in the media, banking, retail, manufacturing, and services, Rory took on a variety of leading roles in Irish and UK companies before founding his own accountancy practice in 2012. Rory’s real-world managerial expertise, and his experience working for one of the Big Four, means that he is ideally placed to understand the needs of his clients. Whatever business you’re in, Rory speaks your language!
Entries by Rory Finegan
Thinking about peer-to-peer lending in Ireland? Peer-to-peer lending, also known as crowdfunding, removes banks from the picture when you need to generate funds fast without any upfront costs! Let’s see what Flender, Spark Crowdfunding, Grid Finance, Linked Finance and Property bridges are up to…
Do you use time management software to keep track of billable hours and project profitability? If you’re pricing projects in an ad hoc fashion, with numbers roughly drawn from employees’ wages and an estimate of how long each project may take, you could be losing money.
Looking to better track your business expenses? With the Xero Expenses app, submitting an expense claim is as simple as snapping a picture and Xero’s intelligent analytical capabilities allow you to dig deep into your expenses and analyse spending patterns!
Up until recently, the ability for Irish SMEs to raise equity has been very limited. But Spark Crowdfunding is a new equity crowdfunding platform that is making exciting movements in this area. This will be of interest to anyone investigating the best way to raise money for their business.
Does this turtle remind you of your debtors? The people at Chaser recognised this common problem and created an app to fix it! Chaser also boldly claim to save businesses 7.3 hours a week on credit control management and promise a boost of $22K for every $500K in turnover.
The new year is looming ever nearer, which means we’ll soon be leaving 2018 behind! The last quarter of this year was not only a big deal for us (you’ll see why below), but a lot happened at Xero too. Unless you keep your finger on the Xero pulse, it’s easy to miss the fresh news and updates regularly rolled out.
On the 1st January 2019, Revenue is blasting into the 21st century with PAYE modernisation. This is all a part of their big movement towards going digital, but what does this mean for company Directors, bookkeepers and employees?
Thinking about selling your company? Having a registered company with a couple of employees, a website, a handful of clients and intellectual property still doesn’t necessarily translate into real market value. That’s why it is worthwhile to have a business strategy to get your company ready to go on the market.
The 2018 Budget feels very déjà vu in that it lacks any meaningful measures. There is nothing to get too enthusiastic about or too angry about and I guess that is the whole point. Personally, I would have preferred to see a more courageous budget with more leadership and vision.