Amana's Finance Team
The future of finance is not about hiring expensive employees or offshoring to low-cost labor markets and losing control of your data. Whether your business is based in the UK, UAE, or elsewhere, the key to sustainable growth lies in partnering with a trusted ally who can scale with you and support your journey.
Challenges of a Traditional Finance Team
High Recruitment Costs
Significant fees and lengthy notice periods can strain your budgets.
Time-Consuming Onboarding
The process of training new hires takes valuable time and resources.
Country-Specific Qualifications
Knowledge and qualifications may be restricted by regional regulations.
Ongoing Management
Continuous oversight and the expectation for pay raises can add to your operational burdens.
Absorbing Leave Costs
Planning for employee sickness and holidays.
Career Progression Considerations
Regularly addressing promotions and career development can complicate team dynamics.
Dependence on External Support
You often find yourself needing additional assistance from accountants, tax advisors, and specialists.
Limited Knowledge Pool
Expertise is confined to the experiences of your existing team members.
Start Your Journey with Confidence
Whether you are seeking expert financial guidance or strategic solutions, Amana Partners is here to support your goals. Contact us today and take the first step towards a stronger financial future.
The Amana Partners Solution
Transparent Pricing
Enjoy stable and transparent pricing, offering significant savings compared to maintaining an in-house team.
Finance Director Support
On-the-ground expertise in Dubai and London, providing overall financial oversight.
Accounts Receivable
Timely billing of customers and proactive follow-up on invoice payments.
Payroll Management
Streamlined payroll services to ensure your team is paid accurately and on time.
VAT Returns
Accurate and timely preparation of country specific VAT returns.
CRM Integration
In-depth understanding and seamless integration with your CRM system.
Cash Planning
Strategic cash flow management to support your business objectives
Statutory Accounts
Preparation of country specific statutory financial statements.
Xero Setup and Migration
Complete setup and migration to Xero, tailored to your business requirements.
Corporation Tax Filings
Comprehensive handling of your country specific corporation tax obligations.
Commercial KPI Analytics
Customized insights on sales, profits, and overheads specific to your industry.
Dedicated India-Based Teams
Our skilled teams operate in your Dubai/UK time zone, ensuring real-time collaboration.
Bookkeeping
Flexible services ranging from light bookkeeping to complete financial management.
Accounts Payable
Efficient processing of supplier, contractor, and expense payments.
Proven Success Through Client References
The best testament to our success is the feedback from our clients! We invite you to connect with our existing clients to hear firsthand about their experiences working with us. We’re happy to arrange a call before you make any commitments.
Concerns about an Offshore Finance Function?
If you’re hesitant about working with an offshore team in India, let us put your mind at ease with our unique approach:
Fluent Communication
Our team consists of fluent English speakers who are always ready for video calls.
Scalable
Solutions
We can quickly scale your team as your business grows, seamlessly integrating the right talent.
Top
Talent
We only onboard the top percentile of Academy graduates, ensuring you have the best team.
Cost-Effective Solutions
Enjoy significantly lower costs compared to Western markets without compromising on quality.
Experienced Leadership
Our India-based teams are led by former Deloitte professionals.
Qualified
Oversight
All work is supervised by qualified accountants based in London, ensuring high standards.
Rigorous
Training
We conduct thorough assessments and training programs at our Academy to maintain excellence.
Tech-Focused Approach
We leverage the latest technology and AI to enhance efficiency and effectiveness
Knowledge
Sharing
We provide valuable insights derived from our experiences with other clients.
Continuity of Knowledge
We create a knowledge repository to ensure that critical information is retained, regardless of personnel changes.
Dedicated
Support
You will have a dedicated team available on demand, tailored to your account's needs. They are your people!
Industry
Expertise
Our team has experience addressing the unique demands of Private equity, Venture capital, and publicly Listed companies.
Next Steps
If this feels a bit overwhelming and you’re uncertain about your specific needs, let’s have a brief, no-obligation call. Together, we can design the perfect financial team tailored to your business for now or in the future!
Frequently Asked Questions
How do I get started?
Ready to learn more?
Here is how you can get in touch:
1. Fill in your Contact details. Simply complete the form, and we will get back to you shortly.
2. Arrange a Discovery meeting. Let’s schedule a meeting to get to know each other and explore how we can help. We will discuss your needs, goals, and how we can support your business.
3. Follow-up with our insights after our meeting, we will follow up with thoughts on any questions you have raised, along with initial recommendations.
4. Detailed scope & fee estimate. Based on our discussion, we will provide a clear scope of work, outline the deliverables, and offer a transparent fee estimate for your review.
5. We are here for you, now and in the future. Whether you need immediate support or want to plan for the future, we are here as your trusted partner, ready to assist whenever you need us.
What is your pricing structure?
At Amana Partners, we believe in transparency and predictability when it comes to pricing.
Here is how we structure our fees: – Monthly Retainer for ongoing services, our Finance Teams & CFOs typically operate on a fixed-fee.
1) Monthly Retainer.
This approach allows us to:
● Define the Scope: We agree on a clear scope of services, outlining everything we will deliver each month.
● Set KPIs: We establish measurable KPIs that ensure we are continuously aligned with your business goals and delivering value.
● Team Structure: We design the optimal team structure to support your business needs, ensuring efficiency and expertise. By using a fixed monthly fee, your costs are predictable and transparent, which helps with budgeting and planning.
2) A Budget-Friendly Approach
We understand that each business has its own budget constraints, and we work with you to operate within your financial parameters.
Our goal is to build a long-term partnership, delivering ongoing value for money while meeting your needs.
3) Project-Based Pricing
More bespoke or one-off projects are charged on a fixed-fee or day-rate basis depending on the nature of the work. We can quickly scope out the project and provide a clear pricing estimate tailored to your requirements.
How to switch from your current accountant/advisor/software
Here’s how we manage the transition:
1. Create a timeline and project plan. We will develop a clear, step-by-step project plan to ensure a smooth transition. This will include timelines, key milestones, and clear action points for both parties.
2. Data transfer from your previous accountant. Your previous accountant has a professional obligation to provide all necessary data and information to us. We will work directly with them to ensure that your financial data is transferred securely and efficiently, minimizing disruption.
3. Software transition options:
Keep your current software:
If you are happy with your current accounting software (e.g., Sage, QuickBooks, SAP), you can continue using it. We will help integrate and streamline your existing systems with our services where needed.
Switch to Xero:
If you prefer to switch to Xero, our Technical Integration Team will handle the transition, ensuring a smooth migration of your financial data, accounts, and workflows from your current system to Xero.
We will make sure that every step is well-coordinated to avoid any disruption to your business operations, and ensure that your financial processes are set up efficiently from day one
Why Xero?
Xero is a widely regarded accounting software that checks many of the boxes you have mentioned, especially when it comes to accessibility, integrations, and user-friendliness.
Here are some reasons why we think Xero is one of the best tools:
● Cloud-Based Access: As a cloud solution, Xero allows access from anywhere, anytime, with data backed up in real time.
● Best Value for Money: Xero is considered one of the most cost-effective and feature-rich accounting platforms on the market, particularly for small to mid-sized businesses.
● Integrations: Xero integrates seamlessly with many CRM tools (e.g., HubSpot, Salesforce), stock management tools (e.g., TradeGecko, DEAR Inventory), and timesheet tools (e.g., Toggl, Harvest). It also has strong support for integrations with banking, payroll, expenses, and other business applications.
● User-Friendly for Non-Finance People: Xero’s interface is designed to be intuitive, even for users with little accounting experience. Its dashboards, reporting features, and mobile app make it easy to use for business owners and non-financial users.
● Analytics and Automation: Xero offers some robust analytics features, including real-time financial reporting. Additionally, it integrates with advanced apps for automation, such as Fathom, Spotlight Reporting, and others, to help with forecasting, modeling, and performance analysis.
● AI and Predictive Analytics: Xero has started using AI to improve features like invoice categorization and bank reconciliation, with further developments in predictive analytics being rolled out
What is the commitment?
We want to grow and partner with our clients long term, however if you want to move in another direction there is no tie in. Our notice period is 1 month to allow us to handover to any incoming Accountants.
Will my business lose the human connection if my Finance team is virtual?
We aim to fit into your business just like a pocket Finance team. We are tapped into your digital tools (CRM, emails etc). We want to attend your staff meetings and work seamlessly with your teams. We work on our client’s timezone. Our CFOs ensure there is sufficient in person time with clients during the year. Your clients and Suppliers feel like we are part of your business. Our people are Big 4 trained, excellent communicators and have decades of experience working with corporate businesses with high performance standards.
My business needs a Big 4 CFO but we cannot afford one full time and we are struggling to recruit good people part time
Perfect! Amana Partners was created with this exact problem in mind. A decent fractional CFO is almost impossible to find and rarely stay in role long term. High calibre candidates require significant packages which most growing businesses can’t afford to commit to non revenue generating roles. We provide top tier Big 4 trained Accountants to you on a part time but committed long term basis. You get the absolute best talent but only when you need it.
I have been burned by working with offshore solutions before, why is Amana different?
Our offshore teams are managed by Top tier CFOs/FDs based in London and Dubai. We ensure high standards, ongoing training and a close level of oversight. The Finance team and CFO solution is complementary to ensure value for money with high standards.
But I have a small Finance team in house who I really like but aren’t quite operating at the level required?
We plug in to your business as required. We can work with existing Finance teams and design a team to complement your existing business. We often work with an on-site Finance Manager with our Finance team and CFO plugging in around them.
How much do you cost compared to my Employed staff?
Our Solutions are around 40-60% cheaper than the cost of Employed staff. Employees are expensive once recruitment fees, pension, national insurance, inflating salaries, training, benefits and sickness, parental benefits are considered. With Amana you pay 1 fixed invoice every month.
