John Harrison and Company Awarded Best Financial Management Services Provider of the Year – UK
John Harrison and Company offers a robust financial management service tailored to owner-managed businesses, providing an affordable, fully outsourced finance department. Their core mission is to help clients grow their wealth.
By combining their financial expertise with insights from top global business leaders, they have crafted a set of processes, systems, and tools designed to drive significant business success.
One example of their approach is the creation of a five-year financial performance analysis, which assesses key ratios and presents the data visually, benchmarking it against similar-sized companies in the same industry. They then project these figures forward, assuming the continuation of key performance trends. Working closely with business owners, they develop a five-year strategic plan and set a budget for the next year, generating cash flow forecasts and monthly budgets that are compared to actual results. This allows for swift corrective actions when needed. Profit forecasts throughout the year also support effective tax planning and profit extraction strategies.
John Harrison and Company’s financial management service is one of the most comprehensive on the market. It includes bookkeeping, payroll, monthly financial reports, and quarterly management accounts.
They also manage credit control, invoicing, debt collection, purchase invoice processing, payment handling, and sourcing the most competitive insurance, utility, and phone contracts. This service functions as a fully outsourced finance department, customized to meet the specific needs of each business, and providing the information and support necessary for more profitable management. It operates as a "back office" finance department, led by a Chartered Accountant, and adapts in size according to the business’s evolving needs.
Additionally, they offer a tax mitigation service to ensure clients only pay what is required, avoiding overpayment due to complex tax regulations.
Their 'Better Business, Better Life' development program guides business owners through a thorough management control plan, covering everything from goal setting and strategic planning to business modeling, customer service standards, and operational efficiency.
John Harrison and Company guarantees the highest level of service, with a "on time, or it's free" promise. If they miss a filing deadline, they cover any penalties and surcharges and waive their fee for that work.
Furthermore, they support charitable causes through the 'Buy1Give1' initiative, striving towards 'Business for Good'. They donate to selected charities when business targets are achieved, contributing to global causes and promoting a culture of social responsibility within their business.
