Outsourcing with IRIS OpenResourcing
Cost-effective, reliable and secure outsourcing to extend your practice services, reduce costs and increase profits
What is IRIS OpenResourcing?
Outsourcing is a flexible and cost-effective means of completing routine accounts and payroll work without the costly overheads associated with additional staff.
We understand that each practice is different so we offer two types of solution:
All documents are scanned into a secure portal, collected and worked on by our team in Chennai, and delivered on time back to the portal.
24/7 access to your jobs, scheduling and tracking.
Using secure virtual technology, our team in Chennai log into your system and complete the work, lengthening your business day by up to 4.5 hours.
How does it help?
Outsourcing frees up staff time to concentrate on higher fee earning work and client care. Our clients have found our services invaluable in taking on additional work and reducing the turnaround time of jobs. Our high quality service is reliable, secure and flexible giving you complete control of the process.
OpenResourcing services include:
- Upload your source documents and to our secure online portal
- Our expert team record the data, reconcile bank statement and produce reports
- Year –end accounts services include; balance sheet, profit and loss account, Director’s report and notes to the accountants
- As IRIS OpenResourcing is ISO 9001:2008 certified and complies with the UK Data Protection Act
Outsourced services cover:
- Business tax computations and returns
- Personal tax (including P11D)
- Trust tax returns
- Fixed asset management
- Dividend information to be transferred onto returns
- Traditional tax and accounts preparation work from our offices in Chennai, India
- You provide a Microsoft Word, Excel or a PDF document, ready to be tagged
- We tag the full set of accounts to the required iXBRL format using our unique tagging system
- Our experienced accounts team reviews the tagged data in full
- We validate the tagged accounts using a series of tests to ensure they will pass through the Government Gateway
- IRIS can make the process of accounting simpler, enabling practices to improve their service offering
- Services include;
- General ledger maintenance
- Expenses ledger maintenance
- Accounts receivable services
- IRIS can provide a complete managed service for your clients’ VAT returns
- Our expert team can help relieve the admin burden, allowing you to focus on other aspects of your business
- Secure, efficient and reliable managed RTI Payroll solution
- Manages your employee concerns
- Liaises with 3rd party agencies (HMRC, Pension Providers & Local authorities)