Shepherd & Co’s partners don’t need to worry about their cashiering. Their dedicated Dye & Durham cashier acts like a member of the firm, handling every aspect, holding the firm to account, and keeping every month reconciled for seven years.
The Results
18 months of reconciliations, cleared in two weeks. When partners Sajid Nazir and Jabeer Ali Miah took over their practice, the accounts were around 18 months behind. Their Dye & Durham cashier, Simeon Coxon, brought everything up to date within about a fortnight.
Cashiering is taken off the partners’ desks. Shepherd & Co.’s office team does the e-chits). Dye & Durham handles the rest: reconciliations, postings, closing off each month, the VAT return, and chasing unexplained receipts.
Every month reconciled, and every posting checked. As Sajid Nazir explains, the firm doesn’t need to stress at month’s end with account reconciliation.
“Ever since we started with Dye & Durham, our accounts have always been in order; there’s never been anything that hasn’t reconciled.”
Why It Works
A personal service, not a portal
Shepherd & Co. rely on Dye & Durham for a personal service that goes above and beyond. Partner Sajid Nazir has his cashier’s mobile number and can ring or text him at any time. Simeon Coxon, a Cashiering Technical Lead with Dye & Durham, will call in the evening if a posting needs explaining. After seven years, he knows the firm’s numbers well enough to say how each month went.
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Our Dye & Durham contact feels like he’s part of the firm. I really feel like he knows the business better than I do, finance-wise.”
Independent cashiering for greater accountability
While an in-house cashier would report to the partners, Simeon doesn’t, so when he says something needs fixing, the firm stops and fixes it.
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I prefer that Simeon is a third party. He’s got no loyalty, in the sense that he’s not going to cut a corner, because he’s going to make sure I’m compliant. That’s his job.”
Shepherd & Co.’s verdict on Dye & Durham cashiering
“It works. Our Dye & Durham cashier, Simeon, is the third partner in Shepherd & Co.”
Your team, extended. From outsourced legal cashiering to specialist support services, discover how Dye & Durham helps law firms reduce administrative demands and focus on what matters most.
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