​Real-time financial data and insights:

Consolidating and connecting data sources with reporting systems creates a single source of truth that gives teams access to real-time, quality insights to improve cash flow, forecasting, planning, and performance management.
 

​Cloud-based ERP and digital technologies:

Unlike on-premises technology, cloud-based financial systems are easy to access, even from remote locations. The ability to respond at speed to changing needs and create better user experiences enables a faster and more accurate financial close, for instance. It also makes it far easier to unlock innovation and bring flexibility to applications management.
 

​Minimal cash outlay:

FaaS significantly reduces fixed finance operating costs, regardless of ERP license cost and the scale at which the business is operating. Faster deployment and lower upfront and operating costs mean companies have more cash in hand and can realize higher ROI from making the transition much faster.
 

​Rapidly scalable operating model:

Subscription-based pricing and the ability to quickly ramp up or down to match the volume of transactions and better support disaster-recovery plans make this model truly elastic and scalable.
 

​Ready for the rebound:

FaaS eliminates technological and process blockages while delivering agility, better controls and governance, reporting, and innovation so that companies are in a stronger position for the future.
 

A single view of the whole business

• Companies need real-time access to critical information, but legacy systems and processes can’t provide a big picture view.
   

• The FaaS model helps finance deliver better outcomes, such as improved cash inflow, accurate forecasts, faster close, better controllership and compliance, and smoother user experiences.
   

• FaaS also makes your operating costs more predictable, so if your transaction volumes increase or service offering must expand, you can track what that would look like.
   

• It also gives your workforce greater freedom to focus on higher-value tasks and generate the insights the business needs to help chart the right path for growth.
   

• At a time when businesses face huge uncertainty, finance functions that adopt a FaaS approach can establish stability, grow, and build long-term business resilience.
   

My-Accountants offers the following Finance-As-A-Service (FaaS) subscription model

• Annual financial statements

• Management Accounts

• Business intelligence and analytics

• Cashflow Forecasting

• Budgets & forecasts

• Tax compliance and administration

• Payroll outsourcing and governance.

• Business Valuations

• Expertise in buying & selling a business.

• Access to best practice accounting, tax and payroll software