In the first of a series of articles from our online service Revas, we provide an introduction to online outsourcing.

Over the last few years the Internet has evolved from information delivery to a powerful tool enabling online collaboration, leading to entirely new ways of working. Utilising these developments Baker Tilly has combined Software as a Service (SaaS) methodology with our skills and resources to deliver an innovative and comprehensive solution best described as Software Enabled Service.

Revas enables our clients to harness the power of the Internet to outsource non-core activities.
Clients using the service typically enjoy significant cost savings compared with traditional back office solutions.

Revas, now into its seventh year, is outsourced back office services delivered in an online environment, and incorporates:

• Online accounting - accounting and tailored management reporting
• Revas Analytics - online dashboard and KPI reporting
• Revas InPay - online payroll
• Revas InTime - online time and billing system
• Revas Corporate Secretariat - online company secretarial compliance, consultancy and governance.

We focus here on one element of back office finance department outsourcing and a  client to whom we provide an outsourced ‘purchase to pay’ system incorporating procurement/related accounting applications and the accounting resource to process and control the transaction flow, from purchase order to payment.

The process is fully automated with email-driven online
authorisation at each stage.

Revas also stores images of all documentation for archiving
and for click-through to for query resolution in order to check when
authorising supplier payments on line, and so on.

The process runs on recognised non-proprietary applications
and Revas hosts, supports and maintains the entire system.

Our clients can access their data and reports from any broadband
connection and the service
runs multi-currency and multi-language, as well as on MAC and PC
via Internet Explorer and Firefox.

The essence of Revas is minimum rekeying of data, maximum
systems integration and concentration on bringing value to our
clients with innovative solutions.

With Revas Purchase to Pay we think we can tick all these boxes.

For further information on Baker Tilly Revas, please contact Mark Holland on 01483 307145.