The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Raytheon Aircraft Company outsources finance function


NAC Aviation Ltd, the sole UK distributor for the Raytheon Aircraft Company, one of America's largest general aviation manufacturers, has chosen to outsource its entire finance function to Vantis Outsource. The partnership with Vantis will allow NAC's directors to free themselves of day-to-day finance issues, such as management accounts, VAT and credit control, in order to stay focused on sales, marketing and business development. 

Peter Griffith, Director of NAC Aviation, explains, "Before we outsourced our finance function to Vantis the directors spent up to two days a week on finance-related issues, which meant we were being too inwardly-focused. Now we have outsourced our financial management we are far more sales-focused and this has already resulted in increased revenues in the region of $50 million."

Griffith continues, "Outsourcing the finance function has allowed the directors to concentrate on what we do best. Our core competencies are in sales and business development, and we don't have the time or the skills to effectively manage the finance function on a day-to-day basis."

Vantis Outsource is able to provide NAC with improved management information and unparalleled performance monitoring. Griffith explains, "The reports we receive from Vantis are extremely accurate, providing us with timely, business-critical information that enables us to make informed business decisions based on 'real-time' financial figures.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree