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Streets Accountants has launched a new virtual finance office – ViFi – which aims to combine the ease of a virtual accounting platform with an expert in-house UK team.
The new cloud-based accounting service, which will be run by a team of financial experts, offers scale up businesses advice on financial strategy, advanced financial forecasting and management reporting.
ViFi founder, Ben Steele, has been working on the new offering for the last three years.
Steele said: “At my existing accountancy practice Streets Steele, we had been working with many SMEs who were looking to grow their business, but did not have the cash flow to recruit a larger finance team.
“We began to see a definite trend amongst those clients, where their business had grown enough to need a greater strategic financial focus, but did not have the cashflow to take on full time experts. We saw a gap in the market and created ViFi, to act as a one-stop-shop for scale up businesses and also companies looking to fully outsource their financial teams.”
He added: “ViFi goes further than traditional cloud-based accounting solutions such as Xero and Sage because ViFi has the Streets team behind the virtual platform.”
