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Outsourced Accounting & Payroll Services

We pride ourselves on providing comprehensive accounting and payroll services tailored to meet the unique needs of your business. Whether you're a small startup or a large corporation, we handle everything from maintaining meticulous financial records to processing payroll accurately and on time. With our dedicated services, you can focus on driving your business forward, confident that your financial operations are in capable hands

Accounting Services

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Accounting and Bookkeeping

A dedicated outsourced finance team offering unlimited telephone and email support, daily / weekly / monthly bookkeeping as required, month-end balance sheet reconciliations, monthly reporting, preparation of annual financial statements, oversight and management of external audits and anything else required to meet your reporting needs.

Accounts Payable and Debtors

Management of Accounts Payable and Debtors, supplier reconciliations, chasing overdue balances, and loading supplier payments.

Optimisation and Efficiency

Analysing and optimizing your company’s financial operations, exploring avenues to minimise operational expenses while maximizing efficiency through streamlined processes.

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.

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Tisha

Tisha Overton

HEAD OF OUTSOURCED ACCOUNTING

Tisha is a Chartered Accountant who qualified in South Africa and completed her articles in 2018 with Deloitte, Johannesburg. Her professional journey has taken her through diverse industries including Insurance, banking, capital markets, retail, and hospitality, giving her a comprehensive understanding of their financial landscapes.

Joining the Acumen team in 2020, Tisha is responsible for managing our portfolio of international clients, for whom Acumen provides outsourced accounting services.

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Payroll Services

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Payroll Administration

End-to-end payroll solution, including calculation, hire and termination administration, pay stub distribution, tax withholdings, and reporting in compliance with local regulations.

Payroll Compliance

Compliance with local laws and regulations applicable to payroll, handling filings and payments on behalf of the client.

Employee Benefit Management

Employee benefits tracking such as health insurance, retirement savings plans, and social security, ensuring it aligns with local standards and practices.

Treasury Function

Salary and other payroll-related payments are made through an Acumen payroll treasury account with a single funding payment from the client.

Employee Self-Service

Accessible portals for employees to view pay stubs and manage personal information.

Reporting

Standard pre-and post- payroll reporting packs with ability to scale payroll services according to the client’s needs as their business grows or changes. Ability to report at an aggregated or detailed level according to principal of least privilege. Accounting journals included.

Record Keeping

Maintenance of accurate payroll records and ensuring data security and confidentiality.

Technology and Security

Utilization of secure payroll software and robust infrastructure to protect sensitive payroll data.

Customer Support

Support for client inquiries and assistance with payroll-related matters.

Implementation Process

Smooth on-boarding process with data migration, system setup, and parallel payroll processing where required.

Company Setup

Assistance with benefit and other payroll-related statutory setups or registrations.

Blue Bison Payroll Software

Access to the Caribbean’s premier payroll & HR software solution included. www.bluebisonsoftware.com.

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MErasmus_Aug2023

Maureen Erasmus

HEAD OF OUTSOURCED PAYROLL

Maureen joined Acumen in 2018 and is a qualified Accountant with years of experience in outsourced accounting, tax, and payroll services in various industries. She oversees a highly skilled team of Payroll Administrators, Supervisors, and Managers that provides outsourced payroll services to a host of Bermuda and Cayman based clients, ensuring quality of work and compliance with relevant legislation.

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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 100+ 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.