SYNGRO LIMITED

Background:

A growing technology business based in Edinburgh

The Issue:

The business employs an internal administrator but does not want to employ and manage an internal finance person. The main reason for this is that they want a mix of book-keeping, financial control and high level finance director input but are not in a position to recruit for all 3 roles due to both the cost of this but also the lack of need. In addition, with ambitious growth plans, they want a resource that can flex as their business develops.

The Solution:

summ.it has been acting for Syngro for over 5 years now. We started with basic book-keeping and management accounts and this has now grown to a now a more comprehensive part-time Financial Controller and Finance Director service.

Successes:

At all times the service has cost less than employing internal people
Significant cash has been generated from R&D tax credit claims
Produced clear management accounts that have allowed the management team to understand the business and have full control of departmental budgets
Made significant tax savings through effective remuneration strategies

SYNGRO LIMITED

“It has been a pleasure working with summ.it – they talk with no jargon and have been a key part of the team since our inception. Naziah in the Mauritius office is extremely helpful and always on hand when we need help”

Keith Schorah – CEO, Syngro Limited