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Advantages of Employee Self Service Module in Outsourced Payroll Services

Advantages of Employee Self Service Module in Outsourced Payroll Services

An Employee Self Service Module(ESSM) is a common Human Resource practice that firms use to increase the transparency/efficiency of the employees with respect to payroll related questions, holidays and other issues. For the management of any company, answering these frequent questions of employees can be a time consuming task...

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The secret behind very low accounting outsourcing fee

The secret behind very low accounting outsourcing fee

Account outsourcing is picking up pace in the markets as companies prefer to have an outside firm managing their accounts, which grants them various benefits as compared to an in-house accounting department! This type of operation is not only an efficient way to manage the accounts but it is...

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When is the right time to partner with a Financial Accounting Firm.

When is the right time to partner with a Financial Accounting Firm?

A capable accounting department is very essential for any business; be it a startup or an established firm. However, like we have discussed in our previous blogs, startups usually prefer to outsource their accounts to accounting firms for various reasons So how do you determine if it is the...

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Tips for faster and better month end closing

Tips for faster and better month end closing

The month-end closing process is one task that is dreaded by almost every person in the accounting department. Several processes are involved like depreciating fixed assets, reconciling inventory discrepancies, settling work in progress material, posting billing documents and payroll. This process can be a tedious one. But there are...

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