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Case Study 2 – Talecom Ltd

Talecom Ltd is a Mobile Application Service Provider which targets businesses operating with a field based workforce. With a £1m turnover this provider of wireless IT solutions works with the NHS ambulance services and other key customers who require in-the-field data input solutions, through strategic partnerships with BT, Motorola and IBM.

We have worked with Talecom for over 3 years providing a bespoke financial outsourced solution. As a company on the cusp of major growth we support Talecom by providing a Financial Director as required to support the board on matters of financial and business planning.

The key dedicated resource is Brett Welch as a part time Financial Director who with the help of the off-site staff supports Talecom in the following ways:

  • Input as Financial Director in business decisions for example on all major contracts and talking as required to IBM, BT and others as company Financial Director
  • Board attendance, supporting the Managing Director as the board has a Venture Capitalist observer on it
  • Liaison with auditors (Audit required due to external shareholdings)
  • Control of cash flow
  • Managing the onsite accounts manager
  • Monthly management accounts
  • Cash and profitability business forecast model – updated monthly
  • Monthly payroll plus related tasks (Prepared offsite by our Daventry and Birmingham office based staff)