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Financial Services Packages

At 100Fold CIC, we understand that every Practice and PCN has unique financial needs. This is why we offer tailor-made, bespoke finance packages designed to meet the specific requirements of your organisation. Our comprehensive suite of financial support services ensures that you can focus on delivering exceptional patient care whilst we handle the complexities of financial management. 

Our Finance Offering Includes: 

  • ARRS Claims: Efficient management of Additional Roles Reimbursement Scheme claims to ensure that you are receiving the funding that you’re entitled to. 

  • Bank Reconciliation: Reconciliation of your bank accounts to maintain financial integrity and transparency. 

  • Accounts Payable: Streamlined accounts payable processes to ensure timely payment of your obligations and improved cash flow management. 

  • Invoices: Professional invoicing services to ensure your practice or PCN receives payments promptly and accurately. 

  • Book keeping: Comprehensive book keeping services to keep your financial records organised and up-to-date, providing a clear picture of your financial position. 

  • Quickbooks Expertise: Quickbooks support to help you manage your finances efficiently, from set up and customisation, to ongoing upkeep and queries. 

  • Financial Reports: Detailed financial reporting to give you insights into your financial performance, helping you make informed decisions. 

  • Role and Project Costing: Costing of roles for budgeting purposes and thorough analysis of project costs to determine the duration of project funding, ensuring optimal financial planning and resource allocation. 

  • Liaison with Auditors: Liaison with auditors including the payroll bureau, to ensure your financial statements are accurate and compliant with regulatory standards, including HMRC and PAYE regulations. 

  • Financial Forecasting: Advanced forecasting services, projecting year-end financial outcomes based on provided assumptions and information, aiding strategic planning and resource allocation. 

Our goal is to provide you with a finance package that not only meets your current needs, but also scales with your Practice/PCN as it grows. By choosing 100Fold, you can be confident that your finances are in capable hands, allowing you to concentrate on what matters most – delivering high-quality healthcare to your community. 

To learn more about bespoke finance packages and how we can tailor to your needs, please contact Sandra Galpin (finance manager) on somicb.finance.100fold@nhs.net 

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