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Financial Services
BOSSCOM can offer you several ways to ease the production of your financial documents. You can entirely outsource your finance and accounting functions, or simply segregate lower value components from production. Whether it's accounting, payroll, benefits administration or tax, BOSSCOM can take the responsibility in hand, seamlessly and efficiently. Additionally, and unlike most similar firms, our Financial Services are covered by professional indemnity insurance.
Click on any of the headings below to learn more about what we can do for your organisations finances.
List of Services
- Accounting of holiday pay, statutory sick pay and maternity pay
- Accounting of Overtime, Bonus, Incentives, Loans, deductions
- Billings
- Financial Statement analysis
- Fixed Asset and Capital
- Master Pension Management
- PAYE and PRSI transactions
- VAT returns
- Payroll and Benefits Administration
- Reconciliations
- Reporting and transactions for several forms like P60, P45 etc.
- Salary preparation and generating Bank Specific Format
- Tax preparation
- Travel/Expenses report processing
- Invoicing
Please note that this is not an exhaustive list. If you have query related to a process not mentioned above, simply contact us.
Softwares we use
- Quick Books
- SAGE
- TAS1, TAS2
- Turbo Tax
- MYOB
- Ultra Tax
- Drakes Lacerte
- IRIS
- Pegasus-Opera
Please note that this is merely a short list. We are also happy to learn new systems on behalf of our clients.
How it Works
Firstly we will install a scanner in your office to convert all documentation to PDF files (for lower volumes we can scan at our Dublin office on your behalf). These electronic files are then uploaded to a secure server from which our accounting unit in India will download the data. They will then process the work into the software of your choice - exactly like any other local bookkeeper or accountant.
If you so desire, we can even log directly in to a PC in your office, and populate the data directly into your own software system.
We encourage all our clients to trial the service at no risk. We expect that you will be pleasantly surprised with both quality and cost!
Key Benefits
- Available full time - our accounting unit is open 24 hours a day
- Overnight Delivery - if you need express services, we can do it
- High Quality Service - our lead staff have up to 25 years experience individually, gained in several different countries
- Reduced Operating Costs - you move from a fixed cost to a (lower) variable cost
- Reduced Overheads - reduced deskspace, insurance, energy costs and so on
- Service Guarantees - we work to strict Service Level Agreements defined by you
- Confidentiality - a non-disclosure agreement is signed as standard
- Dramatic Savings - you are likely to save between 30% to 50%
We also offer value-added services like stock and inventory control and data entry which you may find too time-consuming or expensive to do yourself.
View a case study of our financial services outsourcing here, or alternatively contact us for more information or to set up an appointment.
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