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Dimply

Case Study Sector

Scaling Companies

A fully outsourced financial function for a scaling innovative fintech platform.

Dimply is a rapidly growing, new-generation customer experience platform designed specifically for the financial services industry. The directors of Dimply approached Fitzgerald Power with a clear goal: to outsource its finance function in order to allow the Dimply team of experts focus on their core tasks. As a rapidly growing fintech, the directors of Dimply had clear objectives for their engagement with Fitzgerald Power:

Establish a scalable and compliant financial infrastructure
Provide timely and accurate monthly management accounts
Ensure full compliance with tax and regulatory obligations
Support funding rounds with investor-grade financial reporting
Offer strategic financial guidance at a board level

Services provided by Fitzgerald Power

Monthly bookkeeping tasks

This includes bank reconciliations, cash reconciliations, and reconciliations for creditors and debtors. We ensure that all financial records are up-to-date and accurate, enabling more informed financial decision-making. Using Xero as our bookkeeping tool allows both the
client and our staff to log in and review real-time financial data at any time and from any device.

VAT calculations and submission

Accurate and timely VAT calculations and submissions, ensuring compliance and avoiding the possibility of any penalties.

Monthly management accounts

One of the key services offered is the preparation of monthly management accounts. These monthly reports allowed for better financial planning and decision-making and also allowing Dimply to operate a lean internal team whilst also maintaining financial
discipline.

Yearly statutory accounts & regulatory compliance

Preparation of the statutory accounts in line with reporting frameworks, including corporation tax preparation and submission and filing of the accounts with the CRO.

Monthly payroll runs

Monthly payroll processing, including revenue submissions in line with Revenue’s Real Time Reporting and Enhanced Reporting Requirements (ERR), is managed by Fitzgerald Power.

Outsourced CFO services

Our outsourced CFO service delivers strategic financial oversight, performance insights, and decision-making support, giving their leadership team clarity and confidence as they scale.

Outcomes

The collaboration between Fitzgerald Power and Dimply led to numerous benefits, including:

Improved financial efficiency and accuracy: Monthly reporting enabled informed decision-making.

Compliance confidence: All returns filed on time, with no penalties.

Cost savings: Avoided the need to hire a full in-house finance team

Strategic clarity: Cash flow forecasts and modelling assist strategic decision-making.

“”

We have been working with Fitzgerald Power for several years, and their service has been nothing short of exceptional. They manage all our payroll, corporate accounts, and tax matters with professionalism, accuracy, and efficiency. Their attention to detail and proactive approach have been invaluable in keeping our financial operations smooth and fully compliant. What truly sets them apart is their reliability and the peace of mind they provide. Whether it’s managing monthly payroll, handling complex tax issues, or providing strategic financial advice, they consistently go above and beyond. They feel more like an extension of our team than an external provider, a true partner. We couldn’t recommend Fitzgerald Power highly enough, they are a critical part of our business success