An effective accounts department is a vital element of any successful business but having the staff, with all of the necessary skills and training, within your company isn’t always practical. Prime’s Virtual Accounts Office ensures that any business can have a professional accounts office and latest technological systems without the overheads of running your own in-house finance function.

Prime VAO allows you to hand over all responsibilities involved in running an accounts function to a well-established and reputable firm of accountants, with the confidence that all of your statutory and legal obligations will be fulfilled in a timely manner and the issues relating to employing technically competent staff, business continuity or system failure are removed.

Through our flexible managed accounting offering, you can decide exactly which services you require:

• Invoice handling – including electronic scanning, authorisation via secure Internet and supplier payment
• Sales, purchase and nominal ledger production
• Sales and purchase order processing
• Payment of your suppliers via our BACS Bureau
• Management reports with full explanation and weekly flash reports
• Complete payroll service
• Credit references and credit control

Prime’s Virtual Accounts Office can help businesses from their earliest stages, who want a complete service, or assist larger companies that do not want the overheads of a full internal finance function. For all of our clients it provides the following benefits:  

• Allows you to focus on your core business
• Provides peace of mind that it’s done
• Fully backed up data
• An office of experts to deal with suppliers’ queries and payments
• No need to recruit trained and competent staff who are liable to holidays, sickness etc.

Prime VAO is designed to allow you to really dedicate your time to growing your business, rather than having to cut your way through red tape and bureaucracy. The Prime VAO can be tailored specifically to meet your individual needs and can provide as much or as little support as is required.