TECH EAST AND SCRUTTON BLAND STRIKE PARTNERSHIP TO OFFER SUPPORT TO TECH ENTERPRISES
Scrutton Bland has partnered with leading business and innovation supporters Tech East in a new relationship designed to help entrepreneurial and break-out tech enterprises create, build and grow their business operations. T ech East has County Council and Chamber of Commerce backing throughout the Eastern region and works closely with centres of academic excellence and innovation in Cambridgeshire, Norfolk, Suffolk, and the newly launched Innovation Centre at the University of Essex. which they can access at every stage of their business journey and which essentially provides a one-stop-shop for their financial and business planning requirements. The principle is that we can help our clients get on with running their businesses, while we look after their financial and compliance needs. as a solution which offered clients a more than just digital accounting software, and gave them the management information plus the advice they needed to improve their businesses. In 2017, sblive was shortlisted for a National Accountancy award. Since then we have gone even further and earlier this year we developed a Digital Advisory service headed up by one of our Directors, Ryan Pearcy. The idea of the service is to support and guide clients as they
Having all your advisers under one roof is especially beneficial as a business grows and the complexity of your financial requirements increases. As a regional firm we work with companies who are in the start-up, scale-up and late stage of their evolution. The one common theme that we hear from our clients is how much of a drain it is on their time and resources to get their business operations compliant and in a position where they can gain the funding they need to develop. That’s why we were delighted to team up with Tech East. Our service can be tailored to members requirements, from basic accounts preparation all the way through to fundraising and cooperate finance. We don’t have strict entry points for when a business can take advantage of our services, we work with businesses who are in the initial the start-up phase through to mature organisations, one of the great things about working with Tech Sector is seeing how clients have started with the seed of an idea and nurtured their businesses into commercial operations. How has Scrutton Bland’s tech offering evolved over the last few years? In recent years it has become clear that technological solutions are playing a greater role in the traditional compliance services we offer and we are therefore focusing more and more on our role as an advisory partner to our clients. We were early adopters of cloud-based accountancy solutions, and thank goodness we were, within a matter of years we believe all business will be totally reliant on digital to run their businesses. We established sblive in 2016
Their remit is to shine a light on the dynamic ecosystem that is found across the East of England and make it easier for tech companies operating in the region to attract and connect with government and private investors. For the Scrutton Bland Group, a leading provider of financial and business advisory services, the partnership with Tech East is an obvious collaboration, according to James Tucker, Partner and Tech Sector specialist at Scrutton Bland. Adviser spoke to James to find out more about the firm’s decision to partner with Tech East. Why did you decide to Partner with Tech East? The East of England is quickly gaining a reputation as a fertile patch for innovative and entrepreneurial businesses and this is great for both the local economy and the region’s economic resilience. Entrepreneurial and start- up businesses must be, by their very nature agile and flexible. Being at the forefront of technical and digital developments can often mean that the tech sector can be reactive and can quickly adapt, creating new opportunities by providing solutions and services to fit where there is the greatest need. Our strategy as a business is to ensure that we are continually researching and adopting innovative practices across our all our services, so when we started speaking with Tech East about how we might align ourselves, it seemed like a natural fit. What services does Scrutton Bland offer to tech businesses in the East? Our proposition is to provide tech businesses with a holistic suite of advisory services
navigate the maze of software and digital processes available to them. From reviewing their internal systems and processes to making recommendations on which business software packages to invest in, the aim of our Digital Advisory team is to offer a complete systems advisory service which makes the process of digitalisation as easy and cost-effective as possible. We know that each client has different needs, so we must be prepared to help them with any aspect of their business, from implementing cloud technology for sales and purchase ledgers, to helping then with wider applications such as capturing Research & Development expenditure. What can Tech East members expect from Scrutton Bland? Members can expect a personal approach. Although we have undergone a significant period of growth over the last 5 years, we remain committed to the same core values around client service that we have always held. We are proud to be operating in the East of England and having just reached our hundredth year in business our history of helping businesses in the region to grow and flourish goes far back. We believe in sharing our knowledge, and will be running series of events over the next few months specifically to help members become better placed to manage their finances and business risk. There are a number of different membership categories to suit most digital tech businesses, from individual memberships to large companies. More information can be found at www.techeast.com
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