From Single Point of Failure to Stable Finance Function

A finance function that depends on a single person isn’t a finance function — it’s a single point of failure.

When a staffing gap left one Finance Manager carrying the transactional workload of five entities, Altus Financial needed more than a temp fill. They needed a partner who could integrate quickly and keep everything moving. Here’s how it played out.

The Situation

Altus Financial is a Sydney-based financial advice and accounting firm with over 30 years in the industry, providing accounting, wealth management, tax advisory and superannuation services to individuals and businesses.

When the staff member responsible for day-to-day accounts payable inbox management went on long-term leave — and an internal replacement didn’t proceed as planned — the Finance Manager was left solely responsible for the full scope of transactional finance across the business. Inbox management. Bank reconciliations. Accounts payable. Customer receipt processing. Disbursement processing. All of it, across five related entities.

With the business operating across both Xero and NetSuite, Altus needed an experienced external provider who could integrate into existing workflows quickly and maintain continuity — without significant onboarding support.

The Solution

Dexterous Group was engaged in September 2024 to provide bookkeeping and accounts payable support across the Altus group. A dedicated bookkeeping team was assigned, overseen by a Client Engagement Specialist who managed onboarding and ensured service delivery was aligned with Altus’s requirements from day one.

Weekly catch-up sessions were established between the Dexterous team and the Finance Manager — a regular forum to review priorities, address issues as they arose, and refine processes on an ongoing basis.

The scope of services included:

Accounts payable inbox management
Bank reconciliation in Xero and NetSuite across the Altus group entities
Accounts payable bills entry in Xero
Disbursement bills entry and payment application in Xero and NetSuite
Weekly outsourced bookkeeping journal
Trade debtors’ reconciliation at month-end

Ongoing Outcome

The engagement delivered measurable improvements to the efficiency and stability of Altus Financial’s finance function:

Timely, accurate accounts payable processing and bank reconciliations across all five entities
A significant reduction in the Finance Manager’s administrative workload, freeing capacity for higher-level financial responsibilities
Improved operational resilience, with reduced reliance on a single internal resource
Continuous process improvements driven by structured communication and growing familiarity with the client’s environment

What began as a short-term resourcing solution has progressed into an ongoing, expanded partnership extending into the 2025–26 financial year.

Don't just take our word for it

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Dexterous provided exactly what was required for this project with the tool provided and made their month-end consolidation task considerably easier. We are happy with the tool provided – We did meet the overall timing and objectives…Thanks for your help on this project - overall it’s made the month end consolidation task considerably easier.

EVAN WILLIAMS, Financial Controller, Skylife

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Dexterous Group offers really competitive and high quality packages that add great value to our business. Outsourcing our payroll and accounting functions has allowed us to concentrate on growing out business. I will happily continue to recommend Dexterous group to our clients.

BELINDA ROETS, Quality Connex

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I have worked with a lot of accounting service providers, and I can confidently say Dexterous are the best I have worked with. Your team are very responsive, and always have the client top of mind.

MARGARITA CLARINGBOLD, Virtual CFO

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Since Nick and the amazing team at Dexterous came on board, Harmony Build has gone from strength to strength. This is in no small way due to the additional time I have each day to concentrate on the business.

DOMINIC WILLIAMS, Harmony Build

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Dexterous Group has given us reliable, responsive and seamless accounting and bookkeeping services. The data and reporting that Dexterous Group provides has allowed us to be more customer focused as we have peace of mind that our bookkeeping and accounting function is in safe hands.

KRIS BUILD, CFO, SprintQuip

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Dexterous Group provides an efficient and transparent bookkeeping service. Their expertise in delivering accurate and focused monthly management reports has really identified ways to secure new business while keeping our resources lean and productive.

MIKE ROSENBAUM, CEO, Spacer

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We engaged Dexterous to provide our bookkeeping services and transition to cloud-based accounting software. Dexterous enabled us to transition to the cloud within a short time frame and in a very professional manner.

MARIVIN VAN STRALENDORFF, Carbon Reduction Institute

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As a start-up, it's extremely important for us to ensure we're getting the most value possible and we are in full control of our business costs.

MILLIE ZINNER, Motherhood App

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Dexterous Group’s expertise in compiling and presenting accurate and focused business insight reports has really helped WhiteSky Labs to identify ways to secure new business while keeping our own resources lean and productive.

STEVE WILSON, CEO, Whitesky Labs

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Dexterous has helped us have greater visibility over our team’s projects and overall business performance. Now we are able to make better business decisions efficiently and effectively.

ANDREW SABATINO, Donor Republic

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It genuinely has been of great help to me post-acquisition to have Dexterous’ support. Nick, you have a valuable cost effective solution for companies our size. Thank you.

MATTHEW JOHNSON, Sentral Head of Finance

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I do appreciate all the hard work and commitment of the Dexterous team and Kate is a pleasure to work with.

John Byrne, Neutral Bay Creative Activities Group

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We're part of your team

Dexterous Group is by your side. Our expert outsourced finance team provides the full spectrum of skills and resources you require to run an efficient and effective business. With a series of fixed-price packages on offer, you can easily scale up your support as you need.

Talk to us today about your business on 1300 996 928 or hello@dexterousgroup.com.au.

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