Huge savings for this letting agency – straight onto their bottom line

For this letting agency, back-end office functions were becoming an unnecessary distraction. Outsourcing their accounting and client accounting requirements has given focus to growing their portfolio and driving growth.

The Business

Turnover: £6m
Branches: 28
Employees: 75
Hours per month: 745

Accounting Services

New finance system

Cost of the previous system: £122,000
Cost of outsourcing to MNE: £85,000
Saving: £37,000

How we help

We began working with this client in late summer 2014 when they had 8 branches. They were entering a growth phase and looking to franchise their business, which they’ve since done successfully. Due to their growth plans, they needed a team which could run seamlessly alongside them as they grew quickly.

There are 7 members of the MNE team working for this agency, some of which work more hours than others across a range of disciplines. With each branch or franchise joining the group, they don’t need to worry about the financial side of things; we just add in another few hours to the plan.

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Speak with one of our expert accountants today

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