Financial Accounting Services

Good financial accounting is vital for delivering transparency and accountability in the use of public funds. It also enables effective budgeting, resource allocation and informed decision making that can identify improvements in efficiency and cost effectiveness.

Arden & GEM provides Financial Accounting Services that help NHS organisations to transition to more efficient ways of working. We work with our clients to tackle inefficient processes, implement new systems and provide centralised support that removes duplication – all providing the expertise and space required to empower your teams to focus on value added activities. Our end to end support can help you to streamline, improve and embed new processes and then provide the ongoing technical support required for continuous improvement.

Our services ensure you have the accounting processes and financial expertise in place that are crucial for delivering quality healthcare services and a sustainable use of NHS resources.

We provide solutions across a range of Financial Accounting Services including project management of finance system change, invoice processing including backlog support, purchase ledger/sales ledger/cash management, centralised requisitioning, process improvement and technical accounting. Key areas of support include:

• Finance Process Maximisation: Experienced NHS professionals with extensive operational experience can guide you through the implementation of best practice processes. Our Finance Hub also offers short term resources to remove backlogs and provide the capacity required to deliver the change process. We also work with clients to develop Robotic Process Automation (RPA) solutions that eliminate manual processes and drive efficiency
• Finance System Optimisation: Specialist project managers to help implementation of ISFE2 backed up by our Finance Hub to support data cleansing and preparatory work. We work collaboratively with multi-disciplinary client teams to design and implement solutions that integrate with finance systems and maximise automation
• Technical Finance Support: Our Technical Network Hub provides access to specialist knowledge and support with accounting and system queries, process note support and general ad hoc queries. We also act as an ‘honest broker’ where multiple organisations are working together but have transactional nature items to record and resolve.