Accounting Advisory and Outsourcing Services
Accounting Advisory and Outsourcing
At JLC we can help outsourcing your bookkeeping, taxes, payroll and administrative activities. Our department for accounting advisory and outsourcing is compound by a variety of professionals ready to provide the assistance you need anytime. The outsourcing model enables you to alleviate the burden of interviewing, hiring and preserving your staff to keep up with your operations.
A robust and solid IT structure, at the cutting edge of ERP system combined of well-developed and efficient processes will let you concentrate on your core business while your accounting processes are outsourced. The services offered are fully integrated, flexible and affordable.
We have got a team of specialists on tax, accounting and financial matters. JLC outsourcing aim is to build trust with our customers by adapting to each situation and always thinking in becoming an ally for your organization while the best practices for saving money are put in place.
Do you have a clear idea why accounting advisory and outsourcing services are so important for business? The main reason is because the accounting department is an integral part of any company and it helps to control all cash flow coming in and going out. Accounting area is the one analyzing the economic behavior to determine whether the business is doing good or not.
Nowadays in this fast-changing world, many companies decide to go for accounting advisory and outsourcing with third parties because it provides a full range of benefits like:
No need of additional time for the employees that should be fully dedicated to contributing to the overall functioning of the company. Outsourcing companies know pretty well their business and optimize the timings to deliver sharply each assignment. No need of extra time supervising activities.
INTERACTION WITH REAL EXPERTS
When hiring accounting advisory and outsourcing services, companies will have access to the experts on any accounting and finance field. It will save tons of time and money. Outsourcing accounting firms will always be up to date with all latest law changes guaranteeing quality service and leaving risks behind. For an affordable rate business can get in touch with either labor specialists, accountants, tax specialists, financial experts, etc.
Engaging third-party providers is easier and less-risky than hiring internal own employees. Companies do not get into hiring processes and spend time and money in Human Resources strategies and procedures. Dealing with commercial agreements is much easier than engaging employees as the contractual terms of negotiation may vary upon the company’s needs.
As observed in all previous items, all of it comes down to money. If time, legal and access to experts is avoidable, it will save large amounts of money for any business. Employees overtime is a very high-consuming money activity that usually people must deal with. Everything revolves around money and the best way to avoid it is by hiring an accounting advisory and outsourcing service.
THE EVOLVING WORLD OF ACCOUNTING ADVISORY AND OUTSOURCING
It is very well known that the biggest piece of the cake is about new companies trying to emerge in a very difficult market and their main goal is to save money and have the best experts accompanying the business. These companies are small entrepreneurs striving to keep their companies compliant of all regulations and deliver the maximum profit. Keeping an in-house team for full time is not option because there is no such need and is not affordable at that moment, then the best solution is to get third parties acting as an ally to their business for a long-term relationship.
Small and medium sized entities do not count on good experience to build good accounting and financial strategies and procedures to safeguard their interests entirely. Best practices for them is to hire external providers that will help them on building grounds to gain control over the financial situation and avoid internal control flaws that usually result into frauds and financial crimes that are detectable at an early stage.
WHY TO OUTSOURCE YOUR ACCOUNTING SERVICES WITH JLC?
Close work with JLC will help you succeed great money savings and best operational work environment:
The aforementioned accounting services intend to provide a general description of the scope of work but are not limited to special assignments or agreed activities with the client. Our services are always tailored to the client’s specific needs.
JLC provides at no cost a fully integrated ERP that will be addressed in point 4 and supplies all needs for registering and accounting, tax, payroll and management reports.
PAYROLL ACCOUNTING SERVICES
Payroll structure is always complex in each country. In Colombia salaries and social security need to be monitored very closely to avoid any labor or tax contingencies and tax lawyers are strictly required:
You can rely on our services. Once you have notified any need about your staff, we will get back to you in less than a day and will look for the best solution to mitigate any potential inconvenience.
We have had large experience dealing with UGPP (governmental institution in charge of observing payroll contributions and correct application of labor laws in force) and our case studies prove the success interacting with Colombian supervisory entities.
TAX COMPLIANCE SERVICES
Tax malpractice can lead any company to cash shortages and imminent bankruptcy. Our tax specialists are there to build strategies to have a very tax efficient operation. Regularly taxes covered under accounting services are: VAT, withholding tax, Municipal tax (Bogotá) and Income Tax. The tax compliance process comprises of:
JLC tax outsourcing team will meet your tax requirements combining efforts from experienced lawyers and accountants always looking forward to accomplishing savings and full tax compliance.
ERP AND IT INFRASTRUCTURE
On top of our accounting services, we offer a solid and robust technological infrastructure that guarantees your information will be safely protected and backed up daily. Our online systems safeguard your information with a layer of 256-bit encryption.
Our servers are monitored by IT experts to ensure no interruptions in our services. We are unique in IT advancements. Our clients can log remotely into our ERP any time and work extensively without any inconveniences.
The current ERP used to run clients’ operations has a very strong platform and it is accessible via remote desktop. The built-in features of the software include:
In this fast-evolving world, doing business is quite different than it used to be before. Most of the functions and activities can be performed remotely with an adequate supervision and constant interaction.
Powerful tools provide users the ability to transmit information on a real time basis without the need of physically moving to other locations. That is exactly what we do at JLC.
Our innovative processes create automatic workflows of documentation that enable any company virtually present to work hand by hand with us. Our online accountants and software allow us to exchange and share information any time without any barriers of time and location.
Working with us and while outsourcing your operations, we will depute one accountant to look after your operation and upper levels of supervision if required.
If there is a reason why we stand out from the crowd of firms is because of the easiness to provide remote assistance and be comfortable working on different time zones.
Our variety of clients with Home Officers around the world prove it. Having an online accountant gives the chance to any company to discuss tax matters in detail, efficient ways towards complex situations and other thousands of questions which are usually brought to the table.
Our experts strongly believe that the only way to make things work is by having excellent IT responsive infrastructure to deal with day to day problems and keep up always the best channels of communication securing customer’s information at any cost.
Some people yet prefer to go with physical consultation with poor performance than having remote assistance with excellent outcome.
Trust us, we have dozens of proven case studies where clients’ profits and financial performance is far better by having the right online consultants than the wrong ones physically closely located. You can bet “online accountants do work”.
As a final consideration, be very careful when choosing your online accountant as it may not be the most efficient way forward. Sometimes you will feel attracted by cheap rates but do a little research before jumping in.
What we offer if you are looking for engaging with us through an online consulting service is: