By Ava Fairclough, Associate Client Director
Corporate Services encompasses a wide range of services from the provision of directors and company secretarial support to accounting, financial reporting, and administration. But what it really means is providing your company with the expert support required to ensure its smooth operation, a good governance framework and full compliance with any relevant laws and regulations. Outsourcing these operations can grant you access to the best support in a much more cost-effective manner than building out internal teams and departments.
There are a huge number of reasons a company may decide to appoint a corporate services provider, however, at HIGHVERN, we believe the key benefits are as follows:
REMOVES THE WHITE NOISE
We are here to support businesses and create whatever bespoke services they need, allowing clients to focus their energy on what they know best – their own business! Our solutions are always personalised, never just a blanket approach.
RISK MITIGATION
Appointing experts in the field not only offers cost efficiencies, but also reduces the risk of non-compliance with legal and regulatory obligations or missing deadlines. The cost of rectifying these errors in terms of time, resource and potential penalties can be high. At HIGHVERN we have strong control frameworks built into our technology solutions and bespoke workflows to avoid errors which may otherwise be missed. This allows our experts to concentrate on providing high quality service to your team and focus on more technical queries with the day-to-day requirements being fully under control.
EXPERTISE
Appointing a provider who is expert and experienced in the legal processes required to manage structures ensures that tasks are completed accurately and that all deadlines are met. A simple mistake in applications to form a company, for example, can cause delays which could have a significant impact on a transaction. Appointing a third party who is familiar with the relevant local requirements and frameworks saves time and minimises the risk of errors. By appointing a reputable Corporate Services provider (CSP) you are engaging a reliable service that you can trust. HIGHVERN is committed to partnering with clients for the long term, acting as a true extension of your team rather than as a third-party provider.
ACCESS TO TECHNOLOGY
In a world with an ever increasing focus on technology, it is important to have both access to useful applications and the ability to utilisie them correctly to make a difference to your business. At HIGHVERN, we invest in the best technological solutions and innovation to benefit our clients. Implementing unique processes using first class technologies combined this with agile working methods ensures that no deadlines are ever missed, and ad-hoc requirements can be dealt with efficiently and effectively. We also use board pack software to ensure the smooth running of meetings and to allow for valuable discussions and decision-making with full information on topics readily at hand.
INDEPENDENCE
Having director, governance and company secretarial experts can provide an independent viewpoint to boards which can be crucial for company governance, the running of successful transactions, efficient and compliant running of operations and ensuring protection of the interests of investors and shareholders. Our Director led teams include experts with a variety of backgrounds and experiences including lawyers, accountants, investment managers, governance professionals and ex-regulators and can provide a full suite of services and advice to your companies and structures.
HIGHVERN is an award-winning firm providing services across private wealth, corporate and fund administration. Its unique approach of offering a value driven, client- focused offering has seen it steadily grow since its establishment, providing something truly different in a crowded marketplace.
To learn more about our full range of Corporate Services please click here.
