KPMG UK and Metro Bank provide new SME service

13 October 2015

Metro Bank and KPMG have joined forces to deliver a service to small business owners that reduces their administrative burden by more than 90%. By opening a Business Bank Account at the bank, small business will have access to a dedicated KPMG accountant to do the books.

The time spent on financial administration by SMEs can be punishing. Almost a third of businesses spend more than 8 hours bringing their account in order every week. In a bid to relieve SMEs of their time and financial burden, KPMG and Metro Bank have joined forces to deliver tailored services reducing the time spent on administration.

The joint offering provides small businesses with quick and easy access to Metro Bank’s advice and services, as well as to a dedicated KPMG accountant - offered through KPMG’s Small Business Accounting service - potentially reducing time spent doing the books by more than 90%, equivalent to 45 days per year. 

KPMG UK and Metro Bank provide new SME service

“With over a third of decision-makers spending more than one day a week tackling admin and red tape, it is not surprising that SMEs see reducing regulation as the number one priority for government to tackle,” explains Bivek Sharma, Head of Small Business Accounting at KPMG. “Our new alliance minimises the time businesses have to spend confronting bureaucratic hurdles. Saving eight and a half hours a week; 34 hours a month; 45 days a year, we’re giving business owners time back to focus on growing their business and achieving their goals.”

Craig Donaldson, CEO of Metro Bank, adds: “We understand that many businesses are time-poor, so we’ve worked hard to make banking as convenient as possible, whilst providing unparalleled levels of service that they can rely on. With so many SMEs currently underserved and mistreated by their banks, we’re proud to truly focus on them - designing our services around their needs. Our alliance with KPMG Small Business Accounting is an exciting move for Metro Bank and one which will have tangible benefits for many small businesses.”



Grey Consulting and Makerversity announce strategic partnership

05 April 2019

Grey Consulting has forged a new alliance with Makerversity, a 500-strong community of the brightest creative innovators, headquartered at Somerset House, London. The partnership hopes to tap into the experimental community to develop pioneering solutions for Grey Consulting’s clients.

In August 2018, one of the world’s largest design agencies surprised the business world by launching a dedicated consulting outfit. The news came as the two industries continued on their trajectory towards a historic synthesis. The consulting industry has been engaged in a pitched battle with the advertising and design space for the past few years, as the former increasingly encroaches on the territory of the latter via a protracted campaign of mergers and acquisitions; but there had been little traffic moving in the other direction.

At its launch, Grey Consulting was not billed as a direct competitor to established consultancies. However, the firm behind the new entity hopes that its creative experience will give it a competitive edge in winning consulting business from its existing clients. The Grey Group is a global advertising and marketing agency with headquarters in New York City, and 432 offices in 96 countries, operating in 154 cities. Grey Consulting opened its doors with a view to aiding clients within the areas of business and brand design, innovation and digital transformations.Grey Consulting and Makerversity announce strategic partnership

Now, as the firm looks to further expand its footprint in the market, Grey Consulting has unveiled details of a ground-breaking new alliance with Makerversity, a 500-strong community of creative innovators headquartered at Somerset House, London. The alignment with Makerversity is hoped to unlock the potential of collaborating with one of the world’s most experimental communities.

Makerversity curates and convenes the best talent across product design, fashion, art and experimental architecture, sustainable materials, IoT, digital manufacturing, and coding. It provides spaces and workshops for professional makers to develop and create their work, supported by Somerset House Trust. The alliance is expected to enable Grey Consulting to develop pioneering solutions for its clients, together with innovators who make something amazing for a living, every day. 

Leo Rayman, Grey Consulting CEO, commented, “This gives our clients the potential to access a network of some of the most diverse and innovative individuals in the world today. Being so tightly connected to a community of makers means we don’t just develop transformational strategies but can quickly realise them in three dimensions. This sets Grey Consulting apart from the pure play strategy houses who are sometimes criticised for not making their thinking real at the pace modern businesses require.” 

Fiona Dent, CEO of Makerversity, added, “Makerversity acts as a catalyst for unexpected encounters, fostering collaborations between an incredible range of the brightest leading creators and innovators. Our experimental approach and engaged members, whose own practice is defining our world, create highly original new outcomes. We are delighted to bring this philosophy to a wider audience and generate interesting projects for Makerversity members through our partnership with Grey Consulting.”