HMRC guidance further states "An accountancy/tax adviser, whether or not professionally qualified, who provides advice to clients who are service companies is not an MSC Provider merely by virtue of their client base. The test is whether a person is carrying on a business (or a discernable part of their business) of promoting or facilitating the use of companies to provide the services of individuals."
The responsibility is twofold – safeguard critical business information and comply with all necessary regulations including those governing international financial transactions. These obligations have to be fulfilled at any cost. You can save yourself and your already stretched workforce from this additional burden by delegating the data security and regulatory compliance responsibilities to a trusty outsourcing firm.
Deadquartered in Paris, Atos has a presence in 73 companies under the brand names Atos, Atos Syntel, Unify and Worldline. It focuses heavily on AI, cybersecurity, high performance computing (HPC), data center transformation and cloud integration. The company focuses on several key areas of digital transformation, including AI, Industry 4.0, IoT, cognitive computing and data analytics, cybersecurity, cloud solutions and next-gen infrastructure.

Accenture elicits a high level of loyalty among its clients. It boasts that 98 of its top 100 customers have each worked with the company for over a decade. The company’s technology expertise encompasses a broad array of platforms, including Microsoft, Oracle, SAP, Salesforce and Workday. It also offers cloud integration expertise and services. Accenture Labs taps the firm’s deep R&D expertise to develop, test and deploy customized tools and solutions for clients. This includes areas such as AI, digital workforce, software engineering, extended reality and cybersecurity.
Moreover, Management of every individual along with their respective work can also be quite time-consuming. This is the most common reason why businesses opt for managed IT services from competent firms. There are dedicated companies and firms which are engaged in providing managed IT services that businesses can adopt for better efficiency and workflow.
If your IT staff is starting to get stretched too thin because of one too many early morning IT emergencies, it might be time to look outside your organization for a solution to your IT woes. Instead of dealing with increased downtime on projects that lead to lower productivity across the organization (other departments can’t work if a part of the network is unavailable), you can remove the stress and potential for problems with an MSP. 
Cloud computing has allowed managed IT services to expand beyond the regions and borders that would constrain the average break/fix IT through the adoption of Software as a Service (SaaS) technologies, as well as Infrastructure as a Service (IaaS) and Platform as a Service(PaaS) also. These capabilities allow managed IT services to scale at a rate dramatically larger and faster than in-house IT operation or break/fix providers.
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