Our services are specifically designed for mid-tier businesses often referred to as Small and Medium Sized Enterprises or SME sector and forward thinking Accountancy Practices. These businesses are the backbone of country’s economy and are often poorly serviced when it comes to financial and general business advice.
SME businesses requirements and challenges are different to those of multinational businesses and the help and advice they need has to look beyond compliance and tax planning issues. However, limited budgets and high costs often make it difficult for them to look beyond getting basic compliance work done from their accountants / business advisors. Realising the potential need and gap of available cost effective solutions in the market, Azure Global launched its Shoreplacement™ approach in 2006.
Accountancy Practices operate in a highly competitive and price sensitive market. Recruiting and retaining good staff members is a challenge and with the salary costs of qualified accountants increasing significantly over the past few years the strain on margins for compliance based work has never been greater. Our outsourcing proposition based on our Shoreplacement™ approach enables accountancy practices to turn fixed costs into variable overheads, increase margins by up to 40%, reduce dependency on key staff members and free up time to concentrate on growth organically or through acquisitions.
