Professional Services
Serving you to help you better serve your clients
Fixed price accounting and financial management for professional services firms.
Complex businesses have complex accounting structures and compliance standards. Managing this internally can be expensive, ineffective, and burdensome. Taking precious resources away from more value-adding business activities.
Aretex supports your business with effective and affordable industry-specific accounting, bookkeeping and financial oversight. Whether you’re an Accounting Practice, Fund Manager, Wealth and Financial Adviser, Brokerage, Law Firm, or Consulting Group, we have the people, processes, and technology to manage it most efficiently.
Accounting Practices
Resourcing and training quality staff continues to be a major headache for accounting firms. Under resourcing takes more senior staff away from value adding activities and turnover requires constant internal retraining. With team augmentation and internal training specific to your technology stack and processes, ensure there's always trained resources available as needed.
Financial Services
Interest rates, inflation, market volatility, geo-political issues, and black swan events – your business has enough to contend with. Get actionable financial data, meet rigorous industry compliance standards, improve cost efficiencies, reduce risk, and access untapped expertise and advanced technology. All without having to increase headcount.
Consulting Groups
If anyone understands the value of outsourcing, it’s consultancies. Allowing your group to offload non-core business functions, provide clients with additional value-add services, meet stringent compliance requirements and deadlines, and scale operations more effectively. At a significantly lower cost than managing accounting and finance functions internally.
Our Services
Accounting + Bookkeeping
Get fast, affordable and effective accounting and bookkeeping team augmentation services, with a partner that operates as an extension of your existing team and scales with you. We can manage all internal processes, bookkeeping + payroll, accounts payable and receivables, on-time BAS lodgement, accounts reconciliation, partner distributions, superannuation payments, and year-end procedures. Freeing up internal resources to focus on your core business – supporting your high-value clientele.
Data Management Services
What gets measured, gets managed. Providing you with advanced analytics and reporting to deliver accurate, real-time financial information and support group performance benchmarking. Our cost-effective data management solution comprises strict data security protocols and proprietary technology integration, to focus on speed, accuracy, and safety.
Compliance + Business Intelligence
Proactive risk management and mitigation, regulatory compliance, real-time business intelligence, and comprehensive company secretarial management. Aretex offers compliance and business intelligence services that minimise your operating headaches and avoid costly financial penalties.
Case Study
Shift is a non-bank business lender. Offering a range of credit and payment products to provide financial certainty, so businesses can operate and grow.
Prior to Aretex coming on board, we were using a bookkeeper based out of New Zealand. The quality of work provided was inconsistent. It was incomplete, inaccurate and always delayed. If your bookkeeper or accountant doesn’t know your business inside out, that will be reflected in the accounts. And ours didn’t understand our business.
The problem with subpar bookkeeping is that we require data to produce the management accounts. The constant delays and inaccuracies caused bottlenecks and led to costly rework and poor reporting. There was also a tax agent that was GST and BAS compliance driven, whose data and reporting also didn’t align with the bookkeepers.
We sought external CFO advisory, who then appointed Aretex to handle all operational accounting and bookkeeping. Aretex offered a one-stop shop solution – bookkeeping, tax agent, payroll, accounts receivable and payable, reporting, the whole lot..
What we love about Aretex is their reliability. The work is completed on time, accurately and to the highest quality standards. With a single point of contact and access to an entire team’s capability and expertise, we don’t have to worry about who’s sick or hasn’t turned up for work today – the accounting is done. The alternative of building an in-house team in Sydney would impose significantly higher costs without any greater return on investment.
They’re also extremely adaptable. We’ve not used Xero in our business for some time now, instead opting for Technology One. Aretex went the extra mile of training their staff to be working exclusively for Shift on the Technology One platform. I’ve not found another provider that was prepared to do this for us.
Alvin Ah-Chok,
Finance Director
Technology Partners
Articles + Media
Get Tailored Accounting + Financial Management Support
A 15-minute no-obligation discussion to see how we can help improve the financial operations of your practice.
All The Benefits Of An Outsourced Accounting & Data Management Team With Highly Involved Australian Support By Your Side.
PHONE (02) 9188 4495
EMAIL info@aretex.com.au
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