Why You Should Outsource Your Accounting Functions

As a business owner, you have invested significant efforts into growing your company. But the tax deadlines, payroll, invoices, receipts, and spreadsheets are confusing you. This is where the critical role of an outsourced accountant comes into play, helping you relieve these time-consuming tasks. Many businesses outsource their accounting duties to specialised professionals in order […]

Work Pass Cancellation: An Employer’s Guide

Before beginning employment, every foreign national who plans to work in Singapore must have a valid pass, also known as a work visa. Learn about the work pass cancellation process, so you know when and how to cancel it and what legal obligations you have in the instance that your employees wish to leave their […]

How Virtual Chief Financial Officer Differ From a Traditional CFO

The way businesses operate has undergone more profound changes as a result of digitalisation. The vast majority of companies now employ tactics like data analytics, artificial intelligence, and data-driven software. A finance department is necessary for every company that must produce financial reports on a regular basis. The Chief Financial officer (CFO) is referred to […]

Keeping Your Business Afloat: Tips for Small Business Entrepreneurs

According to the Singapore Department of Statistics, the city-state’s Small and Medium-sized Enterprises account for around two-thirds of employment. They constitute 99 percent of all enterprises and contribute nearly half of the country’s gross domestic product. Increasingly, most SMEs in Singapore struggle to innovate and understand their customers. This becomes the top risk, followed by […]

Guide to Singapore Employment Pass: Application Requirements and Procedure

Employment Pass (EP) is a work visa granted by the Ministry of Manpower to foreign professionals, managers, and investors who desire or were sent to work in Singapore. This scheme was established to attract talent to the city-state, helping achieve the goal of becoming a regional business hub. This visa allows you to live in […]

9 Mistakes to Avoid in Outsourcing Accounting Services

Although accounting is a crucial part of every business, it is often not the main focus of most firms. However, with outsourced support, your accounting and finance department may contribute to the expansion and cost-cutting that your company needs to succeed. With outsourcing, you have access to a global talent pool and find the best […]