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How can I overcome the finance skills shortage?

Businesses are facing a skills crisis. Few sectors can avoid the inescapable fact that there simply doesn’t seem to be sufficient workers to meet the needs of businesses.

While much of the focus has been on lorry drivers, waiters and bar staff, many companies are also finding it challenging to find the right people to fit key roles within their finance team.

This couldn’t come at a more critical time for many companies, as they begin their return to growth.

So, what is the solution?

Outsourcing could provide an essential bridge, or a more long-term alternative, for those businesses struggling to recruit or retain people in their finance teams.

By working with an established team of accountants, with years of experience supporting businesses, this could enable access to assistance with day-to-day functions, such as:

  • Bookkeeping
  • Bank reconciliations
  • Preparation and filing of VAT returns
  • Preparation of monthly/quarterly/bi-annual management accounts
  • Payroll
  • Outsourced Finance Director services

They could also tap into the specialist knowledge and services of the wider firm, including assistance with online accounting.

We support a wide range of businesses, both large and small, providing a valued outsourced accountancy service.

If you would like an initial free consultation to find out how our Outsourced Accounting Services team can help your business, please get in touch by emailing enquiries@stca.co.uk or calling 01494 552100. 

This blog is for guidance only, professional advice should be obtained before acting on any information contained herein. The information was correct at the time of publishing 21 January 2022.