An internet-based business services company is offering to slash the costs of back-office services, such as accounting and web design, through a "shared services" facility for SMEs.
The UK arm of the pan-European Inaltus.com operation is targeting businesses with five to 500 employees.
The company is offering help and advice facilities online, as well as accounting, payroll and management reporting functions.
The shared services facility offers cost reductions by allowing SMEs access to highly skilled trained professionals on a "group buying basis".
A company could, for example, use Inaltus to handle all its sales and bought ledger accounting, as well as access a range of management reporting functions through a "financial dashboard", which Inaltus provides for its customers.
"Back-office activities are crucial to how well a business functions on a daily basis, but for SMEs, accountancy, payroll and other financial tasks are a resource-consuming burden," said Inaltus chief executive Shashank Tripathi.
"We give SMEs access to professionals who can take these burdens off their hands, while at the same time giving them easier access to the daily financial information they need to monitor their business," he added.
Tripathi says freeing up the time normally involved in back-office functions can mean the difference between gaining a competitive edge and failing at the first hurdle.
"SMEs need a solution that helps them concentrate on their core business," he said.
"SMEs are bombarded with companies offering a technical fix to their problems, but we offer a total solution including access to people with the right skills to deal with your company's data."
Tripathi told Manage IT that earning the trust of SMEs to hand over company data, and demonstrating the security of Inaltus' solutions are going to be big hurdles.
"There isn't the same culture among UK businesses for sharing services like these, as there is in countries like Germany," he said.
"But once businesses recognise that adopting services like ours will help slash costs and let them get on with strategic work to grow their businesses, then they will see the huge benefits that can be gained."
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