Support with outsourcing of business functions
Achieving the right balance between hiring new employees and outsourcing specific business functions is essential to ensure you hit your targets. Our team can help you develop a clear strategy that will identify what is most cost effective for employees to do and what should be outsourced to streamline operations.
Business function outsourcing is a common way for companies to continue running smoothly while moving certain tasks or functions outside of the business for another party to complete.
You can outsource the following services to our team of experts:
Company secretarial & corporate governance
Company secretarial services are an important component of business administration, primarily concerned with corporate governance. Although it’s not a legal requirement to formally appoint a Company Secretary, a company must comply with several requirements under the Companies Act. In the absence of an appointed Company Secretary, such responsibilities rest with the Director(s) of the company.
For many directors, the challenge of balancing these duties alongside their role is unmanageable long term. Our team can provide you with outsourced company secretarial services that will streamline day-to-day tasks within your business, giving you the peace of mind that what needs doing is being done.
Drafting employment contracts, HR policies and employee handbooks
Providing your team, whether juniors, managers or directors, with well-drafted employment contracts, HR policies and an employee handbook will provide a sound framework when dealing with employment issues and, importantly, help you protect the business.
Compliance
Keeping up to date with all the latest regulations can be time consuming and complex, but get it wrong and you could end up facing a large fine. Our team of experts can work with you to implement all the robust policies and procedures needed to prevent financial crime, such as money laundering, bribery, tax evasion and fraud, and help you avoid any breaches.
We can help with:
- Corporate governance
- GDPR Compliance – what you can and cannot do
- Data Protection Officer Support Services, including regular health checks
- Reviewing your Anti Money Laundering (AML) and financial crime policies and procedures to ensure that you are compliant with the latest regulations
- Helping you prepare for an Anti-Money Laundering audit
- Reducing your risk of a breach
- Training for your managers and teams on GDPR, AML compliance and financial crime prevention
- Breach and incident management – including how to report a breach and advice on how to reduce a fine or sentence for non-compliance
Next steps: get in touch
If you are considering outsourcing any business functions, contact our team of experts on: 0800 533 5349 or enquiries@mogersdrewett.com
Meet the team
Frequently asked questions
Outsourcing some of your business tasks gives you back the time and resources necessary for focusing on other aspects of the company, while still providing customers with the high-quality service they expect.
Company secretarial services are an important component of business administration. Primarily concerned with corporate governance, effective administration and compliance with regulations, company secretarial services cover a wide range of legal, ethical and corporate responsibilities.
Corporate governance is the system by which companies are directed and controlled. Boards of directors are responsible for the governance of their companies. The shareholders’ role in governance is to appoint the directors and the auditors and to satisfy themselves that an appropriate governance structure is in place.
Non-compliance leaves you at risk of financial losses, security breaches, licence revocations, business disruptions, poor patient care, erosion of trust and a damaged reputation.
