IMS Decimal’s services encompass capturing, analysing, and presenting data and financial reports comprehensively,
enabling decision-makers to arrive at business decisions more effectively.

Services

1. Pay & Bill and Payroll

2. Bookkeeping

3. Credit Control and Collection

4. Management Accounting and Reporting

5. Consultation for Accounting and
Payroll Services

01

Pay & Bill and Payroll

Pay & Bill and Payroll are prominent functions of any business, and are often comprised of complex processes. Whether handling billing tasks, reporting, or payroll for temporary and permanent employees, we are equipped to manage these functions in compliance with your country legislation.

We work with all leading software platforms, enabling us to offer flexible solutions that allow you to choose the service level that suits your business. Our solution produces accurate results, and reduces your existing process costs by up to 50%.

Our services include:

  • Fully Managed Payroll Service
  • CRM Integration
  • Time and Expense Capture
  • Contractor Payments
  • Client Invoicing
  • Helpdesk Support
  • Tax Submissions
  • Real-Time Reporting
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02

Bookkeeping

Bookkeeping is central to managing your business cash flow and budgeting, and therefore requires careful execution. With bookkeeping being a low-margin, time-consuming task, it is essential to your business efficiency that you have a cost-effective solution in place.

Our bookkeeping services are delivered in line with your specific requirements. We will review your existing processes, and manage the transition to a flexible offshore delivery model, immediately delivering accurate results, and a substantial reduction in existing process costs. We work with all major software platforms, allowing us to seamlessly integrate with your business.

Our services include:

  • Journal Entry and General Ledger Maintenance
  • Accounts Receivable and Accounts Payable
  • Bank, Credit Card, and Expense Transaction Processing
  • VAT Reconciliation and Submission
  • Asset Register Maintenance
  • Multi-Currency Processing
  • Intercompany Processing
  • Accrual and Prepayment Preparation
  • Balance sheet Control Account Reconciliation
  • Real-Time Reporting

03

Credit Control and Collection

Credit controllers build relationships with your clients, and enable you to receive faster payments, ultimately improving your cash flow. With the help of our controls and processes, your business gains expert support across a variety of credit control functions to protect you from financial risks.

We offer a bespoke credit control service to ensure faster invoice payment, which will improve your cash flow, and reduce the risk of bad debts. We can also support you in the event of non-payment by providing a litigation service.

Our services include:

  • Manage Client Credit Risk Register
  • Produce Statements
  • Correspond With Clients to Determine Payment Dates
  • Resolve Invoice Disputes
  • Manage Escalation Process Where Appropriate
  • Real-Time Reporting
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04

Management Accounting and Reporting

In conjunction with our bookkeeping service, we offer additional accounting and reporting services to provide your business with a complete end-to-end finance and accounting function.

Our management function enables you to receive weekly, monthly, quarterly, and annual financial support across the entire spectrum of your business, allowing you to manage all your accounting needs safely and affordably in one place.

Our services include:

  • P&L and Balance sheet Statements Preparation
  • Annual Statutory Accounts Preparation
  • Calculate and Submit Annual Profits Tax Returns
  • Cash Flow Preparation
  • Budget Preparation
  • KPI and Variance Reporting
  • Decision and Planning Support
  • Audit Assistance

05

Consultation for Accounting and Payroll Services

In today’s fast-changing world, your business also needs to evolve, and often at short notice. 2020 has highlighted the crucial nature of having complete control over your business’ finances for it to realise its full potential.

With our consulting services, our experienced consultants provide a complete check-up on your business’ financial health, identifying inefficiencies and cost-saving opportunities. Equally, if you are looking to streamline your accounting function, our experts can assist with the planning and transformation.

Our services include:

  • Financial Health Check-Up
  • Accounting Software Consulting and Migration
  • Risk and Compliance Analysis
  • Business Intelligence Reporting
  • Finance Strategy and Transformation
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What our clients say:

  • From a leading Construction Recruitment Agency in the UK

    When I was first made aware that the operations teams were based in India; I can't lie - it made me nervous, and this was purely down to my past experiences when calling the customer service departments of big blue-chip clients. But the service from IMS Decimal is totally different. Not only does the team speak perfect English, but their attention to detail is second to none. They make sure every task is completed by the deadline, they triple and quadruple check everything before confirming, and they go above and beyond to assist you where needed. Working with your team has made my business flow and has taken away a lot of stress when it comes to processing payroll and credit control. I couldn't recommend you guys highly enough. We wouldn't be where we are without your support. Keep up the great work, guys!

    From a leading Construction Recruitment Agency in the UK
  • From a leading Recruitment Agency in the UK

    We made a last-minute choice to outsource our weekly temp payroll from April 2020. IMS Decimal's expertise into recruitment agency payrolls was a definite asset when it came to defining the scope of work necessary to export data from our CRM and old payroll software for both the weekly data files and the initial take-on file and implementing payroll for our team. Frequent catch-up calls by video call with the Payroll team to work through the tests and refine where necessary meant that Go Live went without a hitch and to timescales, no mean feat during a short four-day bank holiday week under global COVID lockdown! Service levels to date have been met or exceeded.

    From a leading Recruitment Agency in the UK
  • From a leading Recruitment Agency in Australia

    We engaged the services of IMS 2.5 years ago and couldn’t be happier with their support. IMS Decimal team provide us with key support, specifically around the production of financial management reports. Not only do they provide us with consistent, periodic reporting and analysis, but they are always available when we need to change timescales on delivery and require something urgent. Over the 2.5 years, they have come to know our business, the support that we need and are now providing us with proactive ideas on areas to improve further. Thanks, IMS Decimal!

    From a leading Recruitment Agency in Australia
  • From a leading UK Accounting Firm

    I just wanted to say how extremely pleased and proud I am with the way payroll has gone over the last few weeks, We have not had a single candidate come back to us with a pay query or holiday query when the payslips were sent out. I think this deserves a massive pat on the back to all involved! To not have a single query prop up is a testament to all the hard work and processes we have all put in place. Kudos to the IMS Decimal team!

    From a leading UK Accounting Firm

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