| Focus | Detail and Quantification |
| Client Type | UK Chartered Accountancy (CA) Firm (Statutory Reporting) |
| The Challenge | The UK firm’s senior accountants were overloaded with time-consuming year-end tasks, such as preparing statutory financial statements and corporate tax returns (CT600). This detailed, compliance-heavy work slowed down the billing cycle and prevented them from doing more valuable client advisory. The problem was backlog of complex, administrative year-end work. |
| The Acceler8 Solution | Acceler8 EOR provided dedicated, IFRS-trained accountants in India. This expert team took full responsibility for the back-end financial statement preparation and corporate tax schedule organization. They followed all UK accounting standards and used the time zone advantage to deliver completed drafts overnight for the UK management to review during their workday. |
| Positive Impact | Speed: Reduced the total time required for statement drafting and preparation by 40%. Revenue Growth: Freed up senior UK accountants to focus on higher-value fee-earning advisory services for an estimated 20% increase in billable revenue. Process Improvement: Created a seamless, 24-hour work cycle for year-end tasks, increasing firm efficiency. |
