Reliable Accounting & HR Outsourcing Services in Singapore
HR and accounting are important pillars for your business. For that reason, trusting outsourced accounting services as well as HR outsourcing services is a crucial decision to make. You can very well hire in-house HR and accounting personnel but will that be worth the investment? Will you risk taking the time to train your in-house employees when you can opt for accounting and HR outsourcing in Singapore instead? After all, these professionals are more adept and ready for the actual job. While you build your business, our team of experienced professionals will take care of your accounting and human resource needs, allowing you to better focus and drive your core business further. CLA Global TS’s Accounting, HR Outsourcing and Corporate Services team are committed to delivering that difference as a one-stop accounting and HR outsourcing services firm to provide a suite of comprehensive business services.
Ascend is an integrated business service utilising the best of cloud-based accounting, business automation, A.I. analytics and specialist advice to help clients excel in business. By putting together both technology and specialist knowledge, we can provide deeper insights to help grow your business.
Click here to learn more about what Ascend has to offer.
Outsourced Finance and Accounting Services
A proper accounting function is fundamental for a successful business as it forms the foundation for reliable and accurate financial information for decision making. Outsourcing your Finance & Accounting (F&A) functions saves you a tremendous amount of time to allow you to propel your business beyond the local competition. Outsourced accounting services in Singapore are reliable due to the readiness of the accounting professionals when they are deployed to a company. If driving efficiencies and reducing costs are high on your priority list, talk to us.
Our team of diversified specialists offers a cost-effective and complete range of accounting services which includes:
Staff Level Guidance
- Transactional support including accounts receivable, accounts payable
- Compilation of financial reports
- Extensible Business Reporting Language (XBRL)
- Monthly/Quarterly/Annual Bookkeeping
- Period accounts closing assistance
Controller/CFO Level Guidance
- Accounting advisory on complex accounting issues
- Group accounts consolidation
- Budgeting and financial forecasting
- Cashflow analysis and fund raising
- Investment analysis
- Mergers & acquisition support
Payroll & HR Outsourcing Services
With increasing complexity and competition in the business environment today, staying on top of your game requires dedicated focus and undivided attention on your core business. Furthermore, with the growing complexity in HR compliance, more time is needed to be spent on frequent HR updates and fulfilling regulatory requirements. To support the human resource management of your organisation, CLA Global TS provides HR outsourcing services in Singapore.
If efficient and hassle-free HR administration and executive staffing solutions are what you need, get in touch with us today to explore your HR outsourcing requirements. Besides providing specialist manpower advice, we can also customise our HR outsourcing services to suit your needs and specifications.
Payroll Outsourcing Services
Processing payroll in-house while adhering to local regulations can be complex. Our HR outsourcing services ensure accurate and timely support for your employee’s payroll. Our payroll solution includes:
- Our payroll and HR outsourcing services help in establishing employee database and records
- Preparing detailed monthly or bi-monthly payroll report for management’s review
- Processing variables including overtime, shift work, bonus, no-pay leave, expenses claims and etc.
- Crediting salary into employee’s bank account on scheduled time
- HR outsourcing also help in processing and submitting mandatory statutory deductions / contributions (CPF, CDAC, MBMF, SINDA, ECF and SDL)
- Processing e-Payslips which is secured and can be easily retrieved online by employees
- Preparing year-end Employee Remuneration Report (IR8A)
- Preparing Tax Clearance for Foreign and SPR Employees (IR21)
- Any other ad hoc duties required
HR Advisory Services
Aside from payroll management, HR outsourcing services also help businesses start off right in Human Resource Management with essential HR documents.
- Drafting of standard employment contract
- HR outsourcing services may include the development of standard employee handbook
- Evaluate jobs and salary & reward structure
- Any other ad hoc duties required
Leave Administration Services
Administering leave is time consuming. HR outsourcing can lift these routine administrative tasks from your shoulder to let you to focus on other pressing matters. We can help businesses:
- Setup various leave and employee entitlements
- Design and create approval structures for leaves
- Leave encashment for unconsumed leave entitlements
- Prepare year-end closing, forfeiture and carry forward of leave
- Prepare necessary leave reports
Claims Processing Services
Are you facing issues with multi-currency claims and verification of documents? We can help you manage your claims and ensure full compliance including:
- Setting up various employee benefits and entitlements
- Advising and setting up claims approval structures
- Disbursing approved claims on scheduled time
- Producing year-end claims closing and adjustments
Work Pass Management Services
We provide end-to-end work pass management services by taking care of application, appeal, renewal and cancellation of the following work passes:
- Employment Passes (EP) for professionals, managers and executives
- EntrePass for foreign entrepreneurs who wish to start and operate a new business in Singapore
- Personalised Employment Passes for high earning existing EP holders or overseas foreign professionals
- Training Employment Passes for foreign professionals who are undergoing practical training and are earning at least $3000 a month