Even the most progressive businesses are challenged to keep up with the accelerating tide of new technologies and the ever-changing landscape of tax and other regulatory requirements. These challenges have become even greater as businesses face unprecedented volatility in demand and in supply chain disruptions. Trying to overcome these challenges with a lack of resources and internal experience is daunting.
To combat this, many businesses are taking advantage of a managed services strategy and outsourced business functions, to allow them to redirect internal employees to focus on critical business initiatives to stimulate growth.
As a business owner, we know your time is valuable and is best spent concentrating on doing what you do best: Overseeing the growth and development of your company.
RSMs managed services can help you to do just that. We offer a comprehensive framework of managed services, delivered by a team of experienced professionals.
RSM offers a range of proven managed service solutions ranging from accounting and payroll to compliance, analytics and IT solutions. These services are designed to make your life easier by providing a cost-effective way to reduce your administrative burden, allowing you to focus on what you do best: delivering on your strategic objectives.
How do we do this?
Leading technology solutions
We do this by leveraging the best technology platforms on the market, to deliver reliable, accurate and most importantly scalable digital solutions, designed to meet your needs. As new tools continually enter the market, keeping up with the ‘right’ and ‘best’ technology solution for your business is time consuming and costly. Selecting, implementing and maintaining these solutions is a significant drain on your management’s time.
Flexibility to scale your workforce
Partnering with RSM also gives you the flexibility to scale your workforce up (or down) to allow you to respond to changes in demand, whether purely domestic, or international. Replace the fixed costs of your internal process or function with a variable cost model that delivers higher value.
Access to subject matter experts
Crucially you would also have access to our SMEs – all experienced professionals and specialists in their field of Finance, IT or Tax – alongside access to best practice process and automation design. All of which allow you to access a scalable, cost effective platform whilst benefiting from our tried and tested methodologies, which we have refined through years of experience.
Want to find out more?
If you are interested in finding out more about how you could benefit from partnering with us, please do not hesitate to get in touch with us. Our friendly, expert team will ensure all your needs are taken care of, and you can guarantee an unrivalled offering that delivers superb results every time.
Frequently Asked Questions (FAQs)
Managed services are a range of business processes and functions provided by a third party provider ranging from accounting, tax, and payroll to IT services. Switching from an internally managed process or function to a managed service offers greater flexibility, greater reliability, more control over service levels and reduced demands on management time.
Managed services typically include the provision of the infrastructure and resources to support operations in exchange for a monthly fee. Consulting services on the other hand, act as an adviser to the client by identifying risks and/or issues and making recommendations to mitigate these. This is often in response to a specific scope of work, for a fixed fee.
No two businesses are the same, neither are their requirements which is why there is no ‘one size fits all’ cost structure. A good provider will work with you to create a managed services package that meets your needs, and budget accordingly.
Many managed service providers will work with you to understand the core workings of your business. This allows for a more personalised experience, a better service overall and allows internal teams to focus on other strategic objectives.
For any owner managed, middle market business, choosing a managed services provider can be a daunting prospect. You will require a trusted partner who can deliver a high-quality service. We understand that this is important which is why, at RSM, we will work with you to ensure that we can align ourselves with you and work in harmony with your business. This approach forms the basis of any good commercial relationship. We offer a comprehensive managed services framework, supported by strategic advisers and experienced technology professionals, designed to provide you with peace of mind.
This is a common misconception. Shifting to a managed service can provide you with greater control over the quality of service delivered because service levels are typically defined in the managed service agreement. This focus on measured performance levels with your managed service provider delivers greater discipline over quality monitoring than most businesses have in place internally.
Key benefits of managed services include:
- You, as the client, can focus on your core business and less on back office / administrative functions
- Gaining access to talent – For most clients, this would be cost prohibitive to have on staff all the expertise needed
- No turnover risk, freeing up resources spent on recruiting, training, etc
- Flexibility – As your business grows, there is no need to worry about expanding teams of functions that have been outsourced
- Gain access to market leading technologies to support your business
- Assurance that the managed service is operating on a robust platform, free from interruptions.