Finance for Managed Service Providers
Outsourced bookkeeping, management accounts, and payroll for IT managed service providers. We understand recurring revenue, MRR tracking, and the unique financial needs of MSPs.
We get MSPs. Our founder Ben spent years leading the finance team at Optimising IT, one of the leading managed service providers in Gloucestershire, before founding Jenkins & Co. That hands-on experience means we understand your business model inside out.
MSPs operate differently from most businesses. Your revenue is largely recurring, your contracts are complex, and your growth depends on understanding metrics like MRR, churn rate, and customer lifetime value. Generic bookkeepers don't understand this - we do.
We handle the financial operations that keep your MSP running smoothly: bookkeeping, management accounts, payroll, and VAT returns. But we go further than that. Our management accounts are tailored to the MSP model, tracking monthly recurring revenue, project revenue, hardware margins, and per-client profitability.
Whether you're a small MSP in Cheltenham or a growing provider serving clients across the UK, we provide the financial clarity you need to scale. We work with the tools you already use and integrate seamlessly into your operations - because the last thing an MSP needs is another system that doesn't talk to anything else.
Challenges we solve
Recurring revenue tracking
MRR, ARR, churn, expansion revenue - we track the metrics that matter for MSPs and present them clearly in your management accounts.
Complex billing models
Per-user, per-device, tiered pricing, project add-ons - MSP billing is complex. We ensure your revenue is accurately recorded and reconciled.
Hardware and licensing margins
Tracking margins on hardware resale and software licensing alongside service revenue requires careful categorisation. We keep it clean and clear.
Scaling finance with growth
As you add clients and staff, your finance function needs to keep pace. We scale with you, from basic bookkeeping to full management accounts.
Need msps finance support?
Book a free consultation and we'll discuss how our outsourced finance services can help your msps business.
Book a Free Consultationor call 01242 382400Relevant services
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Frequently asked questions
Extensive. Our founder Ben Jenkins was Finance Manager at Optimising IT, a leading Gloucestershire MSP, before founding Jenkins & Co. We understand the MSP business model, recurring revenue metrics, and the specific financial challenges MSPs face.
Services for msps businesses
Bookkeeping
Outsource your bookkeeping to our Xero-certified team in Cheltenham. We handle receipts, invoices, bank reconciliations and VAT returns so you can focus on growing your business across Gloucestershire.
Management Accounts
Get clear, actionable financial reports that help you make better business decisions. Our management accounts go beyond the numbers to tell the story of your Gloucestershire business.
Payroll
Cloud payroll services that take the hassle out of paying your team. From RTI submissions to pension auto-enrolment, we handle payroll for businesses across Gloucestershire.
Excel Solutions
We're Excel fanatics. From custom spreadsheets and dashboards to VBA automation and training - we make Excel work harder for your business.