Redmond Fine Foods

Outsourced Finance Function Service Provider.

The Client

Redmond Fine Foods procure and market exceptional ingredients and premium food solutions, distributing to culinary professionals and kitchens throughout Ireland. Redmond Fine Foods have a deep passion for quality, innovation and excellence so only partnering with the best of global and Irish food producers and brands. Recognising the necessity of a dependable and streamlined financial management system, Redmond Fine Foods decided to explore the option of partnering with an external finance service provider. This would enable them to redirect their resources towards core business operations.

Services Provided by Fitzgerald Power

Monthly Management Accounts: One of the key services offered was the preparation of monthly management accounts. These monthly reports allowed for better financial planning and decision-making.
VAT Calculation and Submissions: Accurate and timely VAT calculations and submissions to avoid penalties.
Weekly Payroll Runs: Weekly payroll processing, including revenue submissions and payment processing to employees, is managed by Fitzgerald Power.

Outcome

The collaboration between Fitzgerald Power and Redmond Fine Foods led to numerous benefits, including:

Improved financial efficiency and accuracy.
Enhanced financial reporting, leading to better decision-making.
Cost savings through reduced in-house financial management expenses.
Timely and accurate supplier payments, preserving supplier relationships.
Compliance with tax regulations and payroll requirements.
The outsourced finance function service provided by Fitzgerald Power not only met but exceeded the expectations of Redmond Fine Foods, resulting in a long-term partnership that continues to thrive.

“

We’ve been outsourcing our financial management needs with Fitzgerald Power and their services have truly exceeded our expectations. The Fitzgerald Power team handles everything seamlessly, from the preparation of our monthly management accounts to ensuring timely VAT submissions and managing our employee’s weekly payroll runs. Their professionalism and efficiency have allowed us to focus on what we do best while knowing our financial matters are in excellent hands. We highly recommend Fitzgerald Power for their outstanding services and expertise.