ADAPTABLE AND EASY TO USE As a bespoke service, VFF offers the flexibility to suit a range of international organisations, such as global groups and listed multinationals, businesses expanding internationally and special purpose projects, such as joint ventures. It supports you with the resources and expertise to manage and report on highly complex transactions and ensure compliance across international tax and regulatory jurisdictions. VFF can be ideal for smaller enterprises expanding abroad. For example, you could run your business with either a reduced finance team or perhaps no finance team at all – saving you money and helping you focus on growth. Alternatively, by using our senior finance professionals and not recruiting an internal CFO, you could avoid the need to give up equity to attract key finance staff. As your business grows, the flexibility of VFF means you can avoid the burden and expense of growing your back office to cope, and instead concentrate on succeeding with new clients in new markets.
HOW DOES VFF WORK IN PRACTICE? We’ll start by fully engaging with you, to understand your business and your needs. We’ll review your existing system and use our technical knowledge and experience to select appropriate, dependable applications that will integrate effectively. By managing all aspects of the transition process and focussing on building strong relationships with your in-house team, we’ll ensure your VFF service will work efficiently from day one and you’ll have access to wide and deep specialist expertise within AAB If your business is looking to embrace technology and you want more from your finance function, then our VFF solution will be deliver exactly what you need.
VFF BENEFITS AT A GLANCE Our Virtual Finance Function offers significant benefits over traditional in-house accounting. Adding the expert support of our financial specialists will provide the following: A fully bespoke solution tailored precisely around your requirements. Delivered by experienced specialists who take care of your vital finance services. We manage the entire transition process, including training if required. Gives you easy access to invaluable real-time financial information on your business. Takes care of regulatory and tax compliance. Easy, continual access to experts who’ll answer your financial queries. Adapts to your business circumstances, whether upscaling or downscaling. Integrates with your existing culture and workflow. Allows you to concentrate on running and growing your business. Can avoid the need to release equity to attract key finance staff. Frees up money that can be better spent on driving your business forward. A highly cost-effective way to ease your workload and optimise your performance. Saves you the time involved in: Recruiting skilled people for all the various roles associated with managing your finances Procuring, setting up and maintaining a suitable system.
AAB proactively assisted in addressing any potential risk areas relating to Corporate Criminal Offence legislation in our business and ensured a successful solution was implemented in conjunction with our legal, tax and finance teams.Dave Aitken, Interwell
When we received a purchase offer, AAB helped our shareholders to make a balanced decision to sell the company and go on to negotiate a smooth transaction.Mark Cook, Tracs International
The work AAB provided on our auto enrolment was excellent. Timely and pragmatic work delivered to high professional standards, whilst remaining personable and efficient throughout. Well done!Richard Smeaton, PD&MS Group
Having AAB as our business partners gives me peace of mind as they listen, participate and work with us to ensure our goals are achieved.Gillian Irvine, NorDan
Blog16th Dec 20242024 Business Unit Year In ReviewAs we close the chapter on another year, it’s the perfect moment to reflect on the progress, milestones, and opportunities that shaped our journey. Across our business units, 2024 has been a year of collaboration, growth, and delivering value where…By James Pirrie, Ian Bremner, Lauren McCluskey, Paula Fraser, Alasdair Green, Andrew Dines, David Purse, Alan Campbell, Neil Robb and Gordon SteeleView more
Blog6th Nov 2024Residence regime replaces Domicile: Who will be the Winners and Losers?Some would say that Rachel Reeves simply copied the Conservative Spring budget, which included their surprise proposal to abolish Tax Domicile, whilst others would say the Conservatives copied Labour’s plans. Either way, the Autumn Statement delivered by Ms Reeves, finally…By Lynn GracieView more
Blog11th Jun 2024Can A Fractional Finance Director Help Achieve Growth?One of the new trends we’re seeing in the finance market has been the rise of the fractional finance director. A fractional finance director is a part-time member of the team hired on a contractual basis. This director is then…By Lauren McCluskeyView more
Blog8th Apr 20247 Ways VFF Can Help Charities in the Cost of Giving CrisisDespite the extreme pressures brought on by the pandemic, we witnessed in awe the charity sector rallying together and continuing to support those in need. Barely recovered, the voluntary sector (along with everyone else) was then quickly thrown headfirst into…By Jakub RolinskiView more