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Outsourced Accounting & Payroll Services

Let 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 Bahamas, Bermuda, BVI, Cayman and/or Turks & Caicos payrolls with Blue Bison payroll software allowing you to focus on growing your business.

Accounting Services

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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

Virtual CFO

Access to just as much input from an experienced finance professional as is needed

Backoffice

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

Payroll Services

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Payroll Processing

Hires, changes, and terminations administration and gross to net processing to 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.

Reporting

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.

Treasury

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

Our partners

Why work with us?

Latest Tech

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

Scalable

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.

Get in touch:

Ricki Thorn
HEAD OF OUTSOURCING

Sophie Pearson
BUSINESS DEVELOPMENT MANAGER