Making sure you have ongoing occupancy is vital to the success of your accommodation business, but it also requires smooth financial running. That’s where we can help. As accountants specialising in accounting services for the hospitality industry, we know all the parts of running a financially successful hotel. Discover monthly reports and weekly performance updates for each of your sites.
The complete plug-in accounts department for multi-site hotels and accommodations
Virgate Accounts provide the whole package from daily bookkeeping all the way through to year-end compliance. This allows business owners and management to really focus on value-adding activities within their business. We are retail, hospitality and hotel accountants.
Even though we are not physically located at your premises, we act very much like your in-house accounts department. Giving you the benefits of an experienced team at a fraction of the cost.
As experts in the online retail and multi-site hospitality industries, we can help your business to excel by speaking your language and reducing friction. From online retailers to multi-site to hotel owners to restaurant businesses, together we can take your business further.
An experienced team at a fraction of the cost.
Our Service Includes:
Software goodies you get (for free!) whilst under our wing:
The accounting software that effortlessly integrates with all the other software we use, including your EPOS system. Usually from £27.50 p/m.
Approve invoices on the go! ApprovalMax allows a flexible definition of approval authorisation levels and the automation of approval processes. Usually £27 p/m.
This one you’ll love! Deputy is an online HR and employee management system for easy employee scheduling, time, attendance, and communication. Usually £2.20 per employee p/m.
Our very own reporting suite which houses your live dashboard and from where your monthly PDF management accounts packs are produced.
How It Works:
Having worked with various outsourced finance solutions in the past, Virgate are by far the most transparent and true in their delivery. Their friendly and flexible approach to accounting, coupled with a real life understanding of the hospitality sector as a while truly sets them apart from the rest. The initial on-boarding process and integration of our operational systems / reporting was seamless, uncomplicated and tailored to exactly what we needed. Now more than ever we must rely on a financial partner that we can both trust in and who will ultimately save us money with Sarah and her team exceeding all expectations. Whether a single or multi-site operation, I can’t recommend the Virgate team highly enough!
Barworks is a London focused bar group with 18 sites. We decided to out-source our accounts function in order to reduce our central costs, improve the efficiency of our management accounts process and make time savings for our head office teams. Virgate took on the task of ‘on-boarding’ us with great enthusiasm and have worked hard to understand our business. They have improved our management accounts process and are constantly encouraging us to improve the way we do things in order to make further time savings and efficiencies. The Virgate team are knowledgeable and responsive to our needs. It has been a pleasure working with them and I would not hesitate to recommend them to other operators in our sector.
The other accountant I spoke to had a look of horror when I showed him the scope of your package. I could tell from his face that you are offering something top-drawer… Your team are ace - nothing seems too much trouble - I know that working with Virgate will ensure that my business is built on solid financial foundations. Perhaps the most important thing is a sense that Virgate have got me covered - a sense of safety - of being looked after...
Being a start up going into growth stage it was vital to find an accountancy that not only understands our business but can actually help build internal systems. It actually felt like Virgate took our hand and gave us the structure and reassurance that we needed. Nothing was ever too much. This is the first accountancy I would call our partners. They care about our business and our growth! In just a short time we have already seen a 10% increase in our gross profit. As well as other efficiencies such switching to National more cost effective suppliers. Friendly, save you money and up to date accounting...these guys have set a gold standard!
Sarah has been an invaluable tool for the growth and success of my business. I know I can depend on her to always be at the end of the phone any time of day to answer my questions and give me advice. Sarah joined Turtle Bay in 2015 and set up and managed a new finance team and implemented accounting software. The work Sarah has done has been so integral to the health of my business and I would wholeheartedly recommend her to others.