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Unique solution for problems in payroll and accounting services by sachin pandey





Article Author Biography
Unique solution for problems in payroll and accounting services by
Article Posted: 11/12/2013
Article Views: 604
Articles Written: 1
Word Count: 487
Article Votes: 0
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Unique solution for problems in payroll and accounting services


 
Business,Finance & Investment,Tax
‘Pierian’ offers its vast experience in the operation of the payroll services with a track record of ensuring accurate & timely delivery of payroll and related processes with correct withholdings and deductions. Pierian Singapore is known in the market for providing reliable service with maintaining utmost confidentiality.

Its Payroll services include calculating and filing CPF, SDL, FWL, CDAC, SINDA, MBMF, ECF; Filing IR21 Form with the IRAS for foreign workers tax clearance; compute NS make up pay and submit with MINDEF; submit Child care, maternity & paternity leave claims with CPF for Re-imbursement; submit IR8A, IR8S returns with IRAS.

These services reduce the amount of burden and makes ways for smooth functioning of any organisation. The biggest advantage of outsourcing one’s company’s payroll processing will free up valuable time, which will allow the organisation to focus on and engage in projects that add value and change business dynamics.

Singapore has a lot of small and medium sized business entities and Pierian understand the accounting needs of these business organisations and provides accurate accounting services for the same. The firm believes in maintain perfect records in an accurate manner and as one of the fastest growing accounting companies based in Singapore, they offer accounting and bookkeeping services that meet international accounting standards.

Having served clients in Singapore for the past 3 years, Pierian is known for unrivalled and on-time accounting and financial services and for effectively managing the accounting finance in a cost-effective manner.

The services they offer under Accounting are budgeting and cost control, group consolidation and preparation of management accounts, bank reconciliation and cash book maintenance, preparation of Financial Statements and customized Management Reports among others.

They also provide shared services and strongly believe that shared service solution system should deliver standardized and improved quality of service, substantial cost reduction, intelligent resource management especially for people, process and technology and improved corporate governance. They go by a four step approach with respect to shared services. Firstly they do a business study and analyse the way the organisation works at present and gives out options for improvement. Secondly they develop a model that would meet the organisations objectives with minimising risks and also design internal controls along with time and resource calibration.

Thirdly, they define the target model, that is, they determine the roles, positions and responsibilities and segregate duties. Lastly, they implement the model. They enable resources which include interviews of prospective employees, their placements and training them to be better suited for the organisation. They then enable workflow tools and plan projects and determine business recovery policy and project risk management.

It understands the specifics of business and is therefore better able to aid in any crisis. Its motto is continuous improvement and strives to deliver suitable operational solutions. It is a unique solution to firms that are lagging behind in these areas and is a well established name in the market today.

Related Articles - payroll services Singapore, accounting services, shared services Singapore,

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