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18 Years of Outsourcing Payroll: The Secret to Bright Partnership’s 300% Revenue Growth Over the Year!

18 Years of Outsourcing Payroll: The Secret to Bright Partnership’s 300% Revenue Growth Over the Years!

CLIENT OVERVIEW

Bright Partnership is a renowned practice of chartered accountants and business advisors in and around the northwest of England. Established in 2003, they provide high-quality accounting, payroll, taxation, and audit services to a range of firms. They also specialise in commercial business advice tailored to clients’ unique needs. They partnered with QXAS in 2005 and have grown to become one of the most acclaimed accountancy firms in the UK.

HIGHLIGHTS

300% revenue growth out of an 18-year partnership

Using QXAS, our client was able to:

  • Eliminate capacity shortages
  • Take on more clients
  • Introduce new higher-value services

THE CHALLENGE

During the mid-2000s, Bright Partnership was a growing accountancy practice in the UK. They had multiple clients coming on board and were short of skilled resources. The UK was undergoing a massive talent crunch then, and it was difficult to recruit talented accountants.

The firm experiences its busiest period from April to August each year. For this reason, the practice partners were keen against hiring full-time resources and were looking for a more flexible model. The engagement models provided by QX Accounting Services perfectly fit their needs, and they decided to partner with us for offshore accountants and payroll experts. They have seen growth from approximately £300,000 to £900,000 over these 18 years!

HOW WE HELPED

We provided the Bright Partnership team exclusive access to a large talent pool to hire qualified and highly experienced resources in India. We took on the entire responsibility for key tasks, from year-end accounts to payroll processing and management.

Some of the key activities carried out include:

SERVICES DELIVERED

RECOMMENDATION

“Working with QX has been a fantastic experience. We were able to get super-qualified resources who have delivered a very high standard of work for payroll. They are very efficient and responsive and a delight to work with. We now look at QX to not only provide us with outsourced accounting services but to be our IT partner to provide us with the skills we need to embrace all the accounting systems in the UK.”

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