As we mentioned in our last blog post, we have joined forces with Deloitte Propel to work together to support early stage tech startups, and wanted to take this opportunity to explain a bit more about what this means for TechHub members.
Introducing Deloitte Propel
Deloitte Propel provides products and tech-enabled accounting and tax services to ambitious start-ups and small businesses. Their solutions have been designed specifically with early stage startups in mind, and can be tailored to suit the needs of any growing business.
What packages are available?
Deloitte Propel currently have three packages on offer, including Propel Lite, which is a technology bundle with Xero, Receipt Bank and a bespoke dashboard (Futrli). As your business grows, you can add more support or move onto Propel Pro, which also includes bookkeeping, accounting and tax services with access to a dedicated Finance Expert. Alternatively you can choose the Propel Compliance offering which supports with year-end tax and accounts compliance.
We’ve outlined the differences between the packages and pricing below:
· Propel Lite brings together best in class technology to drive efficiency and automation, including Xero, Receipt Bank and Futrli for an exclusive bundle price of £75 per month.
· Propel Compliance includes the preparation and submission of statutory accounts and corporation tax return. This package is perfect for businesses who are looking to make their tax and accounting as stress-free as possible, but still want to manage their own bookkeeping and reporting. Prices start at £150 per month.
· Propel Pro includes the full suite of accounting and tax services (including cloud accounting technology, bookkeeping, management information, VAT returns, corporation tax returns, statutory accounts, and access to a dedicated Finance Expert). This is the most comprehensive package and prices start at £400 per month.
Do I get anything extra for being a TechHub member?
Yes! If you’re a TechHub member, you will receive an additional 10% discount on any of the three packages, so you can start benefiting from the Propel partnership straight away.
In addition, members of the Deloitte Propel team will be onsite at TechHub to offer 1:1 sessions where you can ask them about accounting / cash flow forecasting / technology, with live demos to show how their products can help you.
Sign up to meet the Propel team at TechHub for a 1:1 session on November 21st here.
You can also sign up for our upcoming workshop on getting investment ready here.
I have another question that’s not answered in this blog?
If you have any more questions, you can contact the Deloitte Propel team directly via -Deloittepropelenquiries@deloitte.co.uk