Plug in a
Ready-Made
Finance Function
Get all the finance expertise your business needs from Accounting, FinOps and Payments to Reporting at a fraction of the cost of a full-time team.
Join the UKs fastest growing startups and SMEs
Empowering founders and finance leaders to
Streamlining financial operations
Keep your teams focussed on what they do best by streamlining everything from invoice management to vendor payments. With finance function outsourcing, we help you build simple, efficient processes that can grow with your business.
Regular and proactive insights into your growth trajectory
Need more than quarterly management accounts? Our outsourced finance and accounting services provide regular reporting and forecasting, helping you track growth and inform investor conversations.
Reducing costs
It costs over 75% of an in-house employees salary to hire and train them. Keep your costs low while accessing senior finance support to help you reach your goals.
Outsourced Finance Function
Accounting & Bookkeeping
Go beyond traditional accounting services
With a dedicated Chartered Accountant and Bookkeeper obsessed with delivering insights and advice to help you grow your business.
Financial Operations (FinOps)
Reduce your time spent on cost management
By designing, implementing and integrating tools and processes across everything from sales, to COGS, employee expenses and more.
Vendor & Payroll Payments
Payroll and vendor payments on time, every time
We work with your chosen open banking payment solution so there is no need to switch up your tool set.
Reporting
Reporting when you need it
Get in depth cashflow analysis and reporting to help you scale effectively. As well as forecasting and valuations when you need them.
How we're different:
Outsourced Finance Function
- End-to-end finance support with access to a range of skills when needed
- Strategic tax and fundraising support
- Direct communication channel with the Finance team via MS Teams or Slack
- Regular management reports with commentary and insights
- Digital-first finance using cloud accounting software
- One fixed monthly cost for an end-to-end service
Traditional Accountants
- Task-based services with limited scope
- No advisory offering
- Email only communication
- Annual accounts with little or no management reporting
- Outdated tools and spreadsheet-led processes
- Costs add up as services are added
"Their attention to detail and proactive approach has made a significant difference in streamlining our financial processes - helping me to run my business more efficiently."
Eleanor Humphrey,
Co-Founder & CEO, topl
Save thousands on industry leading accounting software
We’ve tested all the tools on the market, so you don’t have to, and have teamed up with Xero to give all of our clients a significant saving on the cost of software. With up to 80% off for the first 6 months – so you can spend less on tools and invest more in your business.
How to get started
Build your finance function package
Our plans are flexible based on what your needs are right now. Speak to our friendly team about your current goals and we'll provide a suggested plan and quote.
Meet your team
We'll match you with your dedicated accountant in as little as 24 hours.
Tool set up
We'll have you onboarded and set up on your preferred software within a week.
Get back to business
Leave us to take care of the financials so you can get back to doing what you do best.
Frequently Asked Questions
When does it make sense to build an outsourced finance function?
It usually makes sense to outsource your finance function when you feel like you’re spending more time on admin and finance rather than on growing the business.
Obvious signs of this are when transaction volumes are increasing as well as bookkeeping, payroll, VAT returns and month-end close start taking more time and attention than expected.
When you find it difficult to clearly understand how much revenue the business is generating each month or how much cash needs to be set aside for ongoing operating costs, it is a sign that things have moved beyond basic administration and need more dedicated attention.
How is an outsourced finance function different from a basic bookkeeper?
A bookkeeper will help you by posting transactions, reconciling the bank, raising invoices and keeping your accounting software up to date.
When we build an outsourced finance function for your business, you get standard bookkeeping plus much more. We’ll set up and optimise your accounting software, build processes for payroll and vendor payments, manage your finance inbox, provide cash flow analysis and reporting and much more.
This also includes implementing digital tools across sales, COGS and employee expenses.
What does an outsourced finance function cover day to day?
An outsourced finance function is built to cover whatever your business needs. This might include accounting and bookkeeping, sales invoice management, vendor and payroll payments and expense management.
The right team will combine these daily admin tasks with in-depth cash flow analysis and reporting to support your scale-up, along with forecasts and valuations when needed.
Can an outsourced finance function work with existing finance tools or is a change of systems required?
An outsourced finance function can work with your existing tools and accounting software or design and implement new systems tailored to your business needs.
At Rise Accounting, we design and implement the right tools and processes across revenue, COGS and employee expenses to reduce the time you spend on cost management.
If you don’t currently have accounting software in place, we’ll get you set up on Xero with an exclusive offer of up to 90% off for the first 6-months.
How to decide between an outsourced finance function or an in-house team?
The choice depends on your stage and current needs.
An outsourced finance function is the right fit if you need expert financial support to handle transactions, maintain accurate books and produce timely reports without the cost and commitment of full-time hires.
In practice, many businesses use both. If you build an outsourced finance function with us, we’ll collaborate with your in-house team members to handle operational finance work and free them up to focus on strategic priorities.
Will an outsourced finance team handle UK tax filings and statutory requirements?
Yes. As part of our outsourced finance service, we take care of UK compliance tax filings and statutory requirements.
This includes preparing and submitting VAT returns, calculating Corporation Tax, filing the CT600 and preparing year-end statutory accounts while ensuring deadlines with HMRC and Companies House are met.
You’ll be kept informed of what’s due and when, helping you avoid last-minute surprises.
At what fundraising stage does an outsourced finance function add the most value?
An outsourced finance function adds value at any stage but the support we provide flexes to match where you are.
In the early stages, we typically help by implementing digital accounting software and building processes for payroll and supplier invoice payments.
We typically engage clients with an outsourced finance function service between Seed to Series B.
At this point, we find that Founders need more support from us which can include detailed forecasts, management accounts and efficient cash flow management to support your scaling and growth.
What payroll responsibilities are covered within an outsourced finance function and what remains with the business?
As part of our outsourced finance package, we provide an end-to-end payroll service.
This includes calculating what each employee should be paid each month, working out National Insurance and submitting the required information to HMRC.
It also covers generating payslips, sending them via email to employees and managing the payment run so employees are paid accurately and on time.
What remains with you are pay-related decisions such as setting salaries, approving pay rises or bonuses, choosing benefit packages and approving individual expense claims.
How does the outsourced finance team handle compliance if my UK business expands abroad?
When your business expands abroad, the approach depends on the nature and scale of the expansion.
Hiring employees overseas, registering for local VAT or setting up a legal entity usually requires a specialist who understand that jurisdiction’s tax laws, employment regulations and reporting requirements.
If you are expanding into Dubai or the US, we have teams that can support compliance in those countries while continuing to manage your UK obligations as usual.
This ensures financial information is aligned across markets and ready for group-level reporting.
Unlock your potential with
growth focused accounting
- Free Consultation
- Chartered Accountants
- Built for SMEs