Use the table below to compare outsourcing to EFMÂ with other types of resource.
Employee
Full time / Overhead
Static
Individual
Predictable / routine
Fixed skill
On site costs
Sick pay / NI / Maternity / Paternity
Holidays
Management cost
EFM
Part time / when needed
Dynamic / growth aligned
Dedicated team
Routine / unusual / crisis
Right skills / Composite resource
On site / off site capability
No hidden costs
Highly trained
Access to a large financial resource
External Accountant
Audit / Tax
Standards compliance
Remote from management
Accounting focus
EFM
Financial decision making
Bespoke to business
Commercial experience
On site management accounting
Interim / Contractor
Short term fix
Time specific
Fixed skill
Individual
EFM
Long term solution
Flexible / Scalable
Right skill / Composite resource
Full finance team
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