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Financial management as well as payroll management can often be considered as a time-consuming burden for companies in the SMV-segment.

At the same time, the need for a bookkeeper, controller or CFO may vary. One may want to reduce vulnerability by more efficient and scalable solutions.

All in all, outsourcing all or part of financial management is ideal as it ensures quality and creates flexibility.

1. ACCESS TO A TEAM OF COMPETENT AND UP-TO-DATE PROFESSIONALS WHO PROVIDE ONGOING SUPPORT.

At Summ you have access to competent professionals with special expertise in finance, tax and complex financial systems that optimise your business.

At the same time, you may not have the right skills internally at all the necessary levels, and our professionals can step in here too. Your business may not need a full-time CFO.

But you will benefit from the skills that come with a CFO. This is exactly what an interim CFO can do. Here you don't pay the full cost, but only for the actual time spent.

You save a lot of money, while getting an eminent service and quality. This wide range of knowledge and service you acquire is done by outsourcing.  

2.       REDUCE YOUR COSTS

In times like these, when companies are most often looking for solutions that offer both flexibility and scalability, without having to compromise on quality,

outsourcing is often the most effective solution. Resource wastage will no longer be a concern and internal commitments such as maternity, sickness and pensions

will no longer be part of your costs or worries.  

3.       MANAGEMENT CAN FOCUS ON CORE BUSINESS AND INNOVATION

The only real resource is time, and by outsourcing there is a decision for the company to buy a result, instead of developing and spending time on it itself.

Once the decision to outsource is made, management has freed up a whole lot of time, your consultancy taking care of all the bookkeeping, reporting and payroll administration.

Your time can now be spent on your clients, and scaling the business.

4.       REDUCE YOUR VULNERABILITY  

Summ has several employees assigned to the same finance functions. Where your internal finance function, has only employed the resources required, usually not many.

This increases the vulnerability of your company in case your employee is either sick, on vacation or on maternity leave. You simply strengthen your business by having a link to a

consultancy that can step in at any time.

5.       AUTOMATING YOUR PROCESSES

You can always be sure that the consultancy will ensure that your accounting processes are always optimised, so you can always access your financial status at any time.

When you choose a consultancy house, they will always go in and analyse the different work processes and paper flows that may exist. Then, the consultancy will be able to

automate and digitise parts of the work that were previously manual. As a result, you optimise and automate your processes, and in particular the risk of calculation errors.

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