PROFESSIONAL SERVICES
We take pride in helping our clients outsource their non-core overheads at the best competitive price saving our clients exuberant financial and regulatory costs.
Our Services:
- Annual Financial Accounts preparations and Year End Audit
- Periodic Management Accounts
- Bookkeeping Services
Bookkeeping:
We can provide bookkeeping services for you wherever your location. We have teams of experienced bookkeepers throughout UAE and London and we can also provide you with accountancy and payroll services as part of an outsourced package.
We can arrange for you to have the same experienced bookkeeper regularly on site with you at your offices providing you with all the bookkeeping services that you need.
Alternatively we can also provide a remote bookkeeping service if preferred. This wouldn’t require one of our bookkeepers coming to your offices. In this case either you can email relevant files or courier the required documents to us and we can do all the work for you remotely. We can also access your accounting software remotely if you prefer and one of our bookkeepers can do all the work logged in to one of your office PC’s.
However you like things to work we’re there to make things as easy as possible for you.
Management Accounts:
The preparation of management accounts are necessary to assist in making business decisions and will be requested by your Board of Directors, Auditors and Bankers. We can prepare management reports on a monthly or quarterly basis. These reports are prepared in accordance with your policies and requirements.
Our management reports include:
- Profit and loss statements
- Balance sheets
- Annual budget and forecasts
- Variance reports
- Accruals and prepayment schedules
- Intercompany charges and reconciliations (if appropriate)
We provide an outsourced finance manager experience and not just a service. Your dedicated finance manager will be on call seven days a week, to provide you with the support you need, as and when you need it.
Our team have been trained at the “big” firms, bringing with them an abundance of insight and hands on experience. With a wealth of knowledge in a range of industries, they’ve worked with all company types from start-ups to multinational listed companies.
Our Services:
- Annual Financial Accounts preparations and Year End Audit
- Periodic Management Accounts
- Bookkeeping Services
What we offer
- Outsourced financial controller and finance manager functions
- Operational control and financial management
- Financial modelling, budgeting and forecasting
- Share option and company valuations
- Preparing financial statements and managing the audit process
- Bespoke financial databases and reporting systems
- Restructuring services
- Financial due diligence
- Technical advice, IFRS conversions from local GAAP
- Corporate tax accounting
- Merger and acquisition integration management
- Internal audit and Joint Venture (JV) reviews.
Our analytical approach allows to recognize your specific needs:
- Identify existing gaps to reach the desired maturity level
- Setting up accounting and controlling function from baseline
- Develop solid reporting mechanism to monitor business performance and facilitate strong decision making
- Develop powerful tools and automated applications to support meeting business challenges
- Introduce forecasting/ budgeting tools to improve the performance measurement criteria
- Build up smooth monthly/periodic closings with strong data analysis and on time accurate financial information
- Identification of KPI’s to exploit opportunities and mitigate risk
- We also advice and make recommendations to our clients on financing deals with their Bankers to resolve liquidity issues and free up cash-flow and develop forecasts by utilising Debt Modelling Techniques.
Our internal audit service is independent and objective. We’re not conflicted by the provision of statutory audit services.
We report directly to the management on the effectiveness of your systems and processes and can provide consultancy services to improve them if necessary.
Our Services:
- Our internal audit and assurance service covers
- Payroll
- Procurement and the purchase
- Sales cycle
- Stock
- Accounting systems
- Management reporting and budgeting
- Risk management
- Cash and treasury.
Our area of expertise includes:
- Reviewing compliance with contracts and policies both internal and external
- Risk assessment
- Document processes
- Evaluation of systems and procedures
- Transaction testing
- Following up management actions on issues raised.
BUSINESS SERVICES
ISO International Standards ensure that products and services are safe, reliable and of good quality. For business, they are strategic tools that reduce costs by minimizing waste and errors, and increasing productivity. They help companies to access new markets, level the playing field for developing countries and facilitate free and fair global trade.
- The Standard provides a framework to manage your business and ensure a philosophy of continual improvement in all aspects of your business.
- It is externally assessed on an ongoing basis to ensure these business practices are maintained.
- The principles of ISO 9001:2008 are:
ISO 9001: 2008 is an international standard related to quality management system, applicable to any organization from all types of business sectors and activities.
ISO 9001:2008 is based on eight quality management principles (all fundamental to good business practice). When fully adopted, these principles can help improve your organizational performance:
- Customer focus: organizations depends on their customers, and therefore need to shape activities around the fulfilment of market need.
- Leadership: is needed to provide unity of purpose and direction.
- Involvement of people: creates an environment where people become fully involved in achieving the organization’s objectives.
- Process approach: to achieve organizational objectives, resources and activities need to be managed as processes, with an understanding of how the outputs of one process affects the inputs of another.
- System approach to management: the effectiveness and efficiency of the organization depends on a systemized approach to work activities.
- Continual improvement: adopting this as a part of everyday culture is a key objective for an organization.
- Fact based decision-making: effective decisions are based on the logical and intuitive analysis of data and factual information.
- Mutually beneficial supplier relationships: such relationships will enhance the ability to create value.
Company Formations
Whether you are a sole trader,individual or a multinational organisation looking to setup your presence in the UAE or UK. You need to look no further as with our expertise and local knowledge, you can have your wish turned into reality within no time.
We Offer:
in UAE – Registration and Licensing
- Establishment or General Trading License
- LLC, Professional License, Branch & Foreign Company Office
- Freezone Company Setup
- Company Liquidation
- PRO Services
in UK – Company or Sole Trader incorporations
- Sole Trader
- Limited Company
- Ordinary business partnership
- Limited Liability Partnership
- We can also provide you with a registered office address
Get in touch with us to know more about the benefits and for a package that is tailored to your requirements.
TRAININGS
Our highly experienced and dedicated management team are passionate about sharing their skills for the benefit of our clients, so that they too can operate as efficiently and effectively as ourselves to enhance productivity and output of the staff.
We have analysed occupational shortcomings in the different economies and carefully drafted key areas where we can share our expertise with those who would like to take benefit of our international approach. Our key skills courses include:
- Beginner to Advanced level MS-Excel Training for Finance Department. From using a simple ∑ AutoSum function to Financial Modelling.
- Finance Training for Non-Financial managers.
- Effective Communications at Work.
- Project Management.
- Internal control.
- Contract Management.
- Invoice processing and business financial planning.
Customer Care Support & Maintenance Agreement (CCSMA)
SUPPORT
We have a team of Sage support and implementation specialists as well as a Customer Services Department, both of which will deliver quality support and service to you via your Customer Care Support and Maintenance Agreement.
Some of the salient features of the CCSMA would include the following:
- Unlimited Working Hours Telephone Support via dedicated Help Desk – A dedicated telephone answering service designed to provide rapid response to resolve any software failure or Software procedural confirmation.
Working Hours UAE: Saturday to Thursday 9:00am to 6:00pm
Working Hours UK: Monday to Friday 9:00am to 6:00pm
- Remote fault resolution via Microsoft NetMeeting – A secure method of Software failure resolution via the Internet for errors that cannot be rectified via the telephone support service.
- Annual System Audit – an on-site audit to confirm the following:
- Correct procedures are being applied
- Day to day use of the Licensed Program
- Suitability of the Licensed Program
- User skills
- Hardware compatibility
- Networking compatibility
On completion of the System audit, a report will be produced and provided. The report will make recommendations for re-skilling, upgrading of both Licensed Program and equipment as necessary. This report will take the form of an advisory document; the findings will not be mandatory.
We have over 500 customers who are using our products and have utilized our services in implementation, training and customizing the systems; they also have a regular Annual Maintenance Contract with us.
WE CALL OURSELVES ‘The One Stop Shop for all your Office Needs’
The last decade have witnessed times of unprecedented activity and change. ITS brings a fresh and innovative approach to supplying your office needs. Our goal is to exceed the expectations of every client by offering outstanding customer service, increased flexibility and value for money. Our team is distinguished by their functional expertise combined with their hands-on experience thereby ensuring our clients receive the most effective and professional service.
From pins to projectors and markers to magnetic-boards we have an inspiring range of products. And there’s value built-in; built-in to the price, which is truly competitive and built-in to the quality which promises prime function and durability.
On the retail front, we supply many of the leading corporates in all the 7 emirates of the U.A.E. with high end quality stationery, genuine inkjet cartridges and laser toners from leading brands like HP, Canon, Epson and Brother.We are also leading suppliers of labeling machines, labeling tapes and cartridges from K-Sun LabelShop, Brother P-Touch, Dymo & Casio.