Outsourced Accounting & Payroll ServicesLet our team of accountants and administrators maintain your financial records and keep your company’s books up to date and compliant. Acumen takes care of your Bermuda and/or Cayman payrolls with Blue Bison payroll software allowing you to focus on growing your business.
Accounting and Bookkeeping
Daily/ Weekly/ Monthly bookkeeping as required, month-end balance sheet reconciliations, monthly reporting, and preparing your Annual Financial Statements. We’ll provide you with up-to-date financial information, enabling you to make better business decisions.
Accounts Payable and Debtors
Management of Accounts Payable and Debtors, supplier reconciliations, chasing overdue balances, and loading supplier payments
Access to just as much input from an experienced finance professional as is needed
We can handle anything involving a repeatable process and currently help clients with areas such as credit control, claims administration, and customs clearing.
Underwriting accounting with Phinsys
Automated and integrated accounting for insurance underwriting transactions using Phinsys software
Hires, changes, and terminations administration and gross to net processing ensure that your employees are paid accurately, on time, and in compliance with relevant legislation.
Review and Reconciliations
Reconciliation of the payroll to benefit provider statements and an independent review of every number on the payroll.
Standard pre-and post- payroll reporting packs with customizable reporting and integration options. Ability to report at an aggregated or detailed level according to principal of least privilege. Accounting journals included.
Generation of EDI/ACH bank files for client execution of payments or settlement of all payroll payments from an Acumen payroll treasury account with a single funding payment from the client
Payroll Tax Compliance
Automated and accurate payroll tax calculation in compliance with the Payroll Tax Act. Quarterly preparation of payroll tax reconciliations and calculation and submission of quarterly payroll tax returns.
Blue Bison Payroll Software
Access to the Caribbean’s premier payroll & HR software solution included. www.bluebisonsoftware.com
Why work with us?
We use cloud technology to streamline processes and create efficiencies.
Advanced IT infrastructure for a 21st-century business
Robust IT controls and cyber security using best-in-class IT solutions
Fit for purpose team of professionals
With 70+ staff on our Outsourcing team we have the right skills to meet every requirement and our tailored solutions enable involvement from professionals with varying areas of expertise and levels of experience
A scope of services that grows with your business without breaking the budget
Industry-leading fee structures
Our commitment to keeping our overheads low and saving our clients’ money means you won’t find better value for money anywhere else
Streamlined business starts here
Lower costs, greater efficiency and the time and space you need to focus on your core business: these are just some of the benefits that come when you outsource accounting and payroll.
When you contact Acumen to discuss your outsourcing needs, you’ll be taking the first step toward a new, streamlined business with your employee payment needs well taken care of. We look forward to connecting with you soon to take the first step towards accounting and payroll efficiency together.
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