Advancetrack is much more than ‘tax and accounts outsourcing’. Learn about our platforms, service lines and sector expertise.
References to the type of work Advancetrack undertakes, who we do it for, and what that might look like are often condensed, simplified.
We’ll talk about ‘outsourcing and offshoring’. We might even refer to ‘accounts and tax production’.
The truth of the matter is that Advancetrack offers – and does - so much more.
Podsourcing®
A good place to start is with our core platforms. We haven’t been quiet about our podsourcing offering, but it feels like it’s worth reiterating where it sits.
Read about the benefits and differences, between outsourcing and offshoring here. Most simply, podsourcing is a hybrid of the two.
It’s about having dedicated staff but as part of a team, enabling flexibility in what work is undertaken and by whom. More info on podsourcing can be found here.
VAT, payroll, audit… and beyond
In terms of what platform/s you use, there is a broad range of services that can be accessed.
It’s not just about accounts and tax production. We support:
These service lines have developed organically, as our work with accounting practices has deepened. Which leads onto…
…From farming to schools
What we’re really proud of is the Advancetrack team’s in-depth knowledge of sectors. We often say that Advancetrack is a big mirror that reflects all of the accounting practices we work with.
And so we are, in effect, an accounting practice too.
Most accounting practices have sector specialisms. This deep knowledge enables practitioners to understand the regulatory climate and markets in which their clients operate in. This, in turn, enables them to provide the best advice while keeping clients compliant with tax and accounting requirements.
Over time, our deep relationships with practices have seen us not only develop service lines, but our own sector expertise.
A good example of this is a practice, some years back, that won a multitude of newly-formed school academy trust clients. The practice’s leaders knew that they had to build capacity and knowledge to manage the specialist requirements of these charity-based schools.
In particular, these academy trusts had previously run with the local council operating their payrolls. As Advancetrack had payroll capacity, we took on that work on the practice’s behalf.
Over time, our partnership with the practice on this sector of clients grew our knowledge of academies’ particular requirements.
The building of such strong working relationships has also helped Advancetrack to develop the horizontal service lines as mentioned earlier – a process that continues.
Start at the beginning
Advancetrack started small but with big ideas. And, for all our broad sector expertise, strong platform and breadth of offering, our initial work with practices is often a small step. We understand that going ‘all-in’ is not a risk that practice owners like to take.
But we’re there when you need us to support you on your journey, wherever that takes your practice.
