Virtual Finance Function: Payroll Service

Our Virtual Finance Function works in partnership with your business to give you remote access to our team accounting specialists exactly when you need them.

Ensuring proper compliance with HMRC regulations related to payroll and employment taxes isn’t just important from a legal standpoint, but also helps businesses operate more efficiently and with greater confidence in their everyday operations. That’s why we offer a range of tailored services designed to help businesses of any size get these vital aspects of their operations right.

The Burton Bandini Virtual Finance Function (VFF) is a bespoke service designed to go above and beyond traditional outsourcing by having our experts operating alongside your current processes and people or as a full-service offering that gives your organisation seamless support. 

We’ll help you stay up to date with any changes in tax regulations or other related requirements. And above all, our team of experienced professionals will always be on hand to offer proactive advice and support, which can be invaluable for businesses looking to stay ahead of the curve.

Payroll

Choose Your VFF Package for
Payroll

Simply choose your level of VFF service (Essential, Advantage, or Premium) – shown in the table below – and we’ll do the rest to ensure that your payroll and employment tax obligations are fully compliant and properly managed, freeing your business up to focus on its core activities and goals, and to keep your employees happy.

Included in our packages Premium Advantage Essential
Input of details – supplied by the client
Liaise with HMRC
Monitoring of workplace pension Automatic Enrolment (AE) status of employees
Calculation of statutory payments & attachment of earning orders
Completion of full payment submission to HMRC in a timely manner
Producing all reports to enable payments
Compile & submit P11D’s/P11Db
Upload payment files to bank
Providing wages journals to be input to your main ledger

What You Get with Our VFF

A SPECIALIST TEAM

With our VFF, you get a dedicated finance team at a fraction of the cost of maintaining your book-keeping, cash management, and payroll in-house

SAVE TIME & MONEY

With our VFF, you save time and money on recruitment and retention of in-house Accounts staff and the latest accounting technology

PEACE OF MIND

With our VFF, you can enjoy the peace of mind knowing that your accounts are being managed to professional standards and in a timely manner

TRUSTED INFORMATION

With our VFF, you get to leave your finance function in professional hands, freeing up your time and gaining invaluable real-time financial information

CLEAR R.O.I

With our VFF, you benefit from over 25 years' accounts expertise to help you achieve a better return on investment (ROI) from your business' money

ANYTIME, ANYWHERE

With our VFF, you get easy, ongoing access to experts who can answer your financial queries and help you adapt to all your changing business circumstances

What Our Customers Say About Us

Frequently Asked Questions

A virtual finance function (VFF) streamlines your business’ finance function with real-time, accurate financial information and access to specialists when you need them so that tasks like accounting, bookkeeping, tax, payroll, and VAT needs are all handled for you by our experts, from one place.

A VFF will work alongside your business to help remove tasks that don’t add value to your organisation, and will replace outdated financial processes with user-friendly, technology-driven solutions. Your VFF team will also ensure compliance with legislative reporting requirements and accounting standards for peace of mind.

The Burton Bandini team will work with you to create a VFF solution that provides meaningful management information for effective decision-making and to ensure you get time and money back, improve processes, and reduce workloads, making running your business much more effective overall.

The Burton Bandini Virtual Finance Function (VFF) suitable for organisations of varying sizes and at different stages of the business lifecycle. VFF provides a great alternative to recruitment as a means of running your business with a reduced in-house finance team or even none at all – where our VFF manages your business finances for you, saving you time and money to focus on your other day-to-day business operations.

The Burton Bandini Virtual Finance Function works in practice by starting with a full understanding of your business and your requirements.
We’ll begin by reviewing your existing system and building a strong relationship with your in-house team. The next stage is to manage all aspects of the transition process to ensure your VFF service works exactly as you want it, and with greatest efficiency from the start.
Thereafter, our VFF team of specialists will be on hand whenever you need them, and will organise regular check-ins with you to share technical knowledge and experience to help your business maintain optimal ways of managing your accounts with the right tools and processes.

The Burton Bandini Virtual Finance Function (VFF) gives you access to our dedicated team of specialists across all areas of the finance function where we use the latest accounting technology to ensure your day-to-day finances are being managed efficiently, proactively, compliantly and on time.

Everything about our VFF is about you having a dependable, bespoke service for complete peace of mind.

With VFF you get:

  • A dedicated team taking care of your vital business finance functions; freeing up your time to get on with growing your business.
  • A cost-effective alternative to having to recruit key finance staff and maintain suitable accounting systems.
  • Easy, continual access to experts who can answer your financial queries.
  • All your regulatory and tax compliance taken care of, and real-time financial information to help optimise your business.

The Burton Bandini Virtual Finance Function (VFF) is designed to be flexible and tailored to the size of your business and the scale and complexity of your needs. 

Our VFF packages are tailored to Payroll, New Business, Self-Employment and Limited Company and come with three service levels to choose from – Essential, Advantage and Premium. 

Visit: www.burtonbandini.co.uk/virtual-finance-function or contact us on 01908 561 770 for more information.

The Burton Bandini Virtual Finance Function (VFF) packages have been specially designed to cover our finance functions for Payroll, New Business, Self-Employment and Limited Company and the level of service within each that you may need. However, if you wish to use these to effectively do a “Pick & Mix” and create your own VFF package, our team would be happy to help you construct one that meets your exact requirements.

Contact us on 01908 561 770 to learn more.

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