0 likes | 1 Vues
Zenko Properties partnered with Ratiobox to streamline their financial operations, replacing manual processes with automated, cloud-based accounting solutions. Through services like real-time reporting, payroll management, and HMRC compliance, Ratiobox helped Zenko reduce errors, improve efficiency, and scale their business with confidence. This case study highlights how outsourcing finance empowered Zenko to focus on growth while maintaining full financial control.
E N D
Case Study: Zenko Properties www.ratiobox.co.uk 17-19 Sawmills Road, Diss, IP22 4GG
Ratiobox Agenda Proposed Solutions Company Overview Challenges and Objectives Recommendations SWOT Competitor Analysis References Industry Analysis Problem Statement Brainstorm Result
Company Overview Zenko Properties is a modern, independent estate agency based in Yorkshire, UK. Known for its hands- on, personal approach to property management, Zenko offers services spanning residential sales, lettings, and property investments. Their portfolio includes a diverse mix of urban apartments and rural family homes. With a reputation for professionalism and attention to detail, Zenko is committed to delivering excellent customer service and maximizing property value for clients.
Challenges Faced Challenges and Objectives Time-consuming manual financial processes Difficulty managing both office and client accounts Compliance risks and limited access to regulatory guidance Distractions from core business growth activities Objectives Outsource financial and compliance operations Increase internal productivity Ensure accurate financial reporting and compliance Free up leadership to focus on growth and strategy
S W O T (Strengths) (Weaknesses) (Opportunities) (Threats) Strong regional presence Excellent reputation for service Agile and responsive leadership Limited in-house financial expertise High dependency on manual financial tasks Strained capacity for scaling efficiently Regulatory changes in property law Rising competition in the estate market Data compliance and cybersecurity risks Outsourcing non-core operations Leveraging proptech integrations Scaling across UK cities Back to Agenda
Industry Analysis Increased regulatory complexity Lettings agents face growing scrutiny from HMRC, ARLA, and local authorities. Cloud-based property management tools are becoming essential. Digital transformation Customer expectations Clients expect instant, transparent updates. Competitors offering digital + local services are increasing pressure on traditional firms. Hybrid agencies Back to Agenda
Problem Statement 03 01 02 Overburdened Internal Resources Lack of Scalable Financial Infrastructure Compliance and Accuracy Risks spending excessive time on manual financial tasks Without dedicated financial expertise, Zenko increased risk of errors faced existing internal processes were not designed to scale efficiently
Proposed Solutions Bookkeeping and Rent Input Daily updates and reconciliations Accurate, real-time reporting Bank Reconciliation Contractor and Landlord Payments Scheduled, reliable disbursements Payroll and Pension Management HMRC-compliant services Back to Agenda
Proposed Solutions VAT Returns and Submissions Timely, error-free submissions Monthly Accounts and Reporting Clear financial health insights Compliance Advisory (ARLA) Senior-level guidance Proactive compliance reviews Annual Health Checks Back to Agenda
Recommendations Immediately outsource bookkeeping, payroll, VAT, and compliance to a specialized provider Leverage expert advisory to enhance ARLA compliance confidence Automate repetitive financial processes using integrated software Develop scalable workflows that allow for growth without sacrificing quality
References Ratiobox Official Website: www.ratiobox.co.uk Zenko Properties www.zenkoproperties.co.uk ARLA Propertymark Guidance: www.propertymark.co.uk UK Gov Guidance on VAT for Lettings Agents: www.gov.uk
Brainstorm (Alternate Options Considered) Hiring in-house finance staff: Rejected due to cost and complexity Partial outsourcing: Considered, but full outsourcing offered better coherence Using standalone accounting software: Limited by need for hands-on management Ratiobox’s full-service model aligned best with Zenko’s growth objectives.
The partnership between Zenko Properties and Ratiobox delivered measurable and strategic improvements Results ✅ Operational Efficiency 45% reduction in time spent on financial administration Financial workflows became more predictable and streamlined Zenko’s internal team reallocated focus toward growth and client engagement ✅ Compliance Confidence Full alignment with ARLA Propertymark compliance requirements Zero missed deadlines for VAT returns, payroll, or pensions Annual health checks ensured proactive risk mitigation
Results ✅ Improved Financial Oversight Monthly management accounts offered clearer financial insights Real-time bank reconciliations improved cash flow visibility Accurate contractor and landlord payments enhanced trust and satisfaction ✅ Scalability & Future Readiness A systemized, outsourced model allowed Zenko to grow without increasing internal overhead Easily adaptable framework to accommodate new properties and clients Foundation set for expansion across Yorkshire and beyond
Ratiobox Get In Touch Email hello@ratiobox.co.uk Website www.ratiobox.co.uk Call us 800-955-335