Payroll, filings, and management accounts split across three vendors that never reconciled: consolidated into one finance function, one calendar.
The situation
An established trading company was running payroll through one vendor, statutory filings through a second, and management accounts through a third, none of which reconciled with each other.
The approach
Managed Services brought bookkeeping, payroll, and compliance under one team on one calendar, with a single monthly management pack replacing three disconnected reports.
The outcome
The finance function now runs on one system, one calendar, and one point of accountability instead of three.
This is exactly the kind of consolidated finance function our Managed Services practice runs.
What "one calendar" replaced
Before consolidation, month-end close ran on three separate schedules that rarely lined up: the payroll vendor closed its own cycle independently of the bookkeeping vendor, and the statutory-filing vendor worked off whichever numbers happened to be final when its own deadline arrived, producing management accounts that were frequently reconciled after the fact rather than accurate the first time. Bringing all three under one team on one calendar meant a single close date every month, with payroll, statutory filings, and management accounts drawing from the same underlying ledger instead of three separate ones that had to be reconciled against each other after the fact.
What changed for the business
A single monthly management pack, delivered on a fixed date, replaced three vendor reports that previously arrived on three different schedules and rarely agreed with each other: one number to make decisions from, instead of three to reconcile first.
A composite, anonymized account built from the kind of engagement Clairvoyis regularly handles, not a case-by-case record of a single named client.