|Interlloy - Tapping external finance and accounting expertise to fulfil internal knowledge gaps|
Following the loss of senior internal capability, Australia’s largest privately owned special steel stockist sought an outsourced accounting and finance solution to plug critical business knowledge gaps.
Interlloy is Australia’s largest privately-owned supplier of special steels servicing the general and heavy engineering, resources, automotive, manufacturing and transport industries. Founded in Melbourne in 1987, it today has offices in four states and more than 130 employees.
In 2013, one of Interlloy’s four business partners sadly passed away. Having been the company’s accountant and finance knowledge expert, his death also meant that all senior internal accounting capabilities were lost. The remaining partners recognised that they did not have the skills to take on this role and sought to increase the external support they were getting from Bentleys to ensure the business continued to operate smoothly from a finance perspective.
McLean Delmo Bentleys support
Interlloy engaged McLean Delmo Bentleys from 2007 to outsource critical accounting functions, including taxation management. From 2013, this support increased, with McLean Delmo Bentleys also taking on Interlloy’s banking, finance and critical tax needs.
We also have an important business advisory role within the company through Board representation.
“Our accounting and finance management capabilities ground to a halt following the passing of our business partner and accountant four years ago. Bentleys expertise has been invaluable before, during and especially since this time.” Nik Sharplin, Director, Interlloy
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McLean Delmo Bentleys is part of Bentleys, an association of independent accounting firms in Australia. The member firms of the Bentleys association are affiliated only and not in partnership.
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