Accounting BPO
Company growth and significant changes can create challenges for accounting and financial teams. Basic accounting systems may need to be implemented or upgraded for start-up and early-stage companies, while established financial systems of mature companies may be strained due to rapid growth or trigger events. Our Outsourced Finance and Accounting practice provides timely and accurate management information and financial reporting to run your business without hiring additional accounting personnel.
We specialize in back-office accounting support for entities, closely held businesses and early-stage to mature companies. Outsourcing allows organizations to avoid the costs of maintaining a full-time accounting staff while developing their core businesses. Our professionals can create or oversee your accounting system, and manage time-consuming accounting functions such as accounts receivable/payable processing, bank statements, monthly book closing, financial statement preparation and tax compliance.
As your business grows, our BPO services can be transitioned to your in-house accounting department to ensure continuity. We assist with complex accounting, financial reporting and tax requirements.
When accounting and reporting for branches of international companies, we ensure that the local financial statements are aligned with the parent company’s ledger and reporting standards. We also ensure that they comply with international financial reporting standards (IFRS) or generally accepted accounting principles (GAAP).
Labor BPO
- Our payroll management solution offers a comprehensive service based on operational payroll processes.
- Management of employee registration, deregistration, and data changes for workers in the Social Security.
- Drafting job contracts according to official models, in all types of employment.
- Advising and managing of expatriate workers’ employment documentation.
- Registering job contracts with the State Public Employment Service.
- Drafting severance packages and company certificates.
- Processing employment subsidies and studies of government grants.
- Drafting payslip receipts (payroll: monthly payments, extra payments, delays, variables). Drafting lists for payroll accounting, according to the client’s needs.
- Processing bank remittances to pay salaries.
- Calculating employees’ IRPF (personal income tax) withholding according to their family situation and income.
- Controlling and listing temporary hire expiry dates.
- Managing any formalities with the Social Security Treasury General (TGSS), the State Public Employment Service (SEPE), the National Social Security Institute (INSS) and mutual insurance companies.
- Managing temporary disability and industrial accident reports.
