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International Outsourcing

Tailored to your international business and provided by dedicated specialists, our virtual finance function can integrate with your current processes or provide a transformative standalone service, providing better information and efficiency. 

Contact Lauren McIlroy

  • Lauren McIlroy
    Meet the team

    The team

  • Large International Groups. AIM Listed Multinationals. SMES. Special Purpose Projects. 

    Who we can help

  • Bespoke, Flexible Financial Function. Fully Managed Transition, Set Up & Support. Real Time Financial Information. Tax & Regulatory Compliance. Expert Specialist Financial Guidance.  

    How we can help

BUSINESS THE WAY YOU WANT TO DO IT

Our virtual finance function (VFF) is a bespoke service, tailored to the size of your business and the scale and complexity of your needs. Delivered by our highly technical team, many of whom have years of experience of working in industry, it uses cloud-based technology to provide valuable, real-time financial information about your business, wherever you are and whenever you want it. 

VFF works alongside your business to ensure you have access to the right levels of expertise, matched exactly to the complexity of your requirements. By drawing on the skills of the whole team at AAB, we can provide a fully outsourced finance function solution and essential, timely financial information to make evidence-based decisions that enhance both your confidence in the data and your business agility.  

This saves you time and empowers you with the insights that can support you to run your your business, utilising a suite of key performance indicators to manage overhead spend, forecast cashflow and ensure that the information is usable and meaningful . These are some of the crucial advantages of the VFF service. 

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

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