What do you get?

Accountants that serve the Small and Medium-sized Enterprise (SME) market can provide all the services that a big firm can offer-at costs that are more realistic for start-ups and smaller businesses. From fully managed bookkeeping, to payroll all the way to taxes, their professional CPA's can ensure that your business remains compliant at all times.

Basic accounting services in Singapore cover books, payroll, and tax, but you can also choose to sign up for add-ons if you need them. Do you require assistance with invoicing and payments, for example? Just let them know what you need, and they will find a solution.

How does it work?

SME accountants ensure cost savings by simplifying the process flow. All you need to do is scan or take pictures of the documents involved and then upload them to the accountant's secure website (you can also email them or use the mobile app). The accountants then process your documents. You can view real-time updates, so you know exactly how things are going, then download the reports once they are ready. Everything is supervised by a professional CPA to ensure compliance.

Dynamic pricing lets you get maximum savings. The costs move up or down depending on your needs. This means that you never have to pay for things you don't require. You can also cancel anytime. There is no need to get into long-term contracts and retainer fees so that your money is never tied up.

The major advantages of outsourcing accounting services and payroll processing are as follows:

1. Services with high level of accuracy: The outsourcing accounting and payroll processing provide you accurate results that will be high as 99.95%. This facilitates better management of back office functions. The staff of outsourcing services handles their services very efficiently and smoothly.

2. Cost effective services: The services are cost effective and save huge amount on operational costs and the savings can be channelized for financing the core business functions.

3. Prevent Fraud Check: Outsourcing accounting and payroll processing control and prevents any fraud by the staff within the organization. The outsourcing service providers are responsible for all the transaction processes and they take care of accuracy and quality

4. Efficient staff payment through direct deposit: The outsourcing services do the payroll processing on-time, enables efficient and quick payment to staff through direct deposit. Thus they keep the staff satisfied and productive.

5. Avoid penalties in tax processing: If the pay roll is processed inappropriately, the tax filing may become inaccurate leading to tax penalties. The outsourcing prevents these tax hassles and ensures accurate processing of payroll.

6. Reap up-to-date technological benefits: Due to rapid technological advancement the market is going on changing. To keep up-to-date with the marketing trend, companies can avail the latest technology through outsourced accounting services.

7. Save processing time: Accounting and payroll processing is a time consuming process. So the companies can involve and focus on the core competencies instead of managing these accounting and payroll processes. Therefore outsourcing free-up enough time for revenue generation tasks.

8. Gain from expertise accounting services: The outsourced accounting service in Singapore and payroll processing make use of experienced professionals to perform the services qualitatively and timely.

9. Get rid of reconciliation worries: Bank reconciliations are tedious, time and energy consuming processes to keep track of bank payments during the payroll checks. These tedious time consuming processes can be avoided by outsourcing the payroll services to experienced payroll processing firms.

10. Get up-to-date accounting status: The professional accounting service providers handle their outsourced accounting services perfectly and so they provide the accounting and payroll information regularly and up-to-date. The advanced software used by the outsourcing services provide the personalized reports that save time and facilitates in taking important financial decisions.