Who are Accounts Admin? Why does my Agency not do this?


June 22, 2021

 

Our services explained:

We are a stand-alone company and yes outsourced, we like to think of ourselves as Admin Specialists. 

It may sound strange… but we love our work! We love a spreadsheet, a balance ledger and we enjoy receiving money. Many of us have been here for years. 

The team are mostly Spanish. We are very lucky to be based in beautiful Seville with its incredible historic architecture, restaurants, festivals and orange trees lining the streets. Plus, we’re only an hour away from the Mediterranean.

Why Spain? Once you speak English and Spanish you can talk to half the world! Home to some of the largest banks in the world, Spain has a heritage of being organised, great with compliance and accounting. We are also in a good location to navigate Brexit, and on a medium Time zone between the US and Asia.

Most Artists Agencies come to us because they are in a muddle with local compliance, or losing money through bank charges and withholding tax, or growing fast and they don’t have time to build an accounts team.

We were told once there is a natural conflict of interest if your agent is trying to get your money in but at the same time negotiating the next deal with the client.  Also, if you are not trained at credit control it is not an enjoyable task.

We run over 30 bank accounts. We have 8 accountants, 5 credit controllers and manage almost $20 million per year for our clients, paying almost 1,000 individuals on a regular basis.

We give you and your Agency value in our services, we do it cheaper and better than them. 

They would not have the time to set up a Portal for example. So yes, we are Admin Specialists from Spain, not a foreign outsourced processing.