How we can help.

To improve your business’s administration we can either:

Add value to the existing workforce by refocusing existing efforts to areas of need and setting up systems to continuously report on business operations (performance indicators and compliance reports differ case by case).
We can help you consolidate operations that are used in multiple parts of your organisation and perform those functions on your behalf.  This also allows you and your business to focus its key resources on activities that support your business goals and do what it does best.

An introduction to our

Suite of

Our extensive range of services are customisable to your company's needs.

  • Accounts Payable
    Accounts Payable

    • Matching expense invoices with the purchase order
    • Reconciling End of Month Statements
    • Preparing all payments for approval

  • End of month billing
    End of month billing

    • Contract creation & billing audit
    • Data Collection
    • Monthly Reconciliations (incl. third parties)
    • Internal and external reporting
    • Monitoring contract profitability
    • Debt collection (all or part)

  • Processing of
    sales paperwork
    Processing of
    sales paperwork

    • Check sales paperwork
    • Liaise with the sales force
    • Adhering to business rules
    • Seek finance approval if required
    • Invoice the third party
    • Ensure payment is collected

  • Financial Analysis & Accounting Support
    Financial Analysis & Accounting Support

    • Analysing financial statements & addressing issues
    • BAS Preparation
    • Reconciliation of general ledger accounts
    • Book keeping

  • Human Resources, Recruitment & Training
    Human Resources, Recruitment & Training

    • Recruitment
    • Position descriptions & PDPs
    • Onboarding
    • Training to suit your requirements
    • Performance & executive coaching
    • Manage overflow of work whilst training

  • Establish & report
    business KPI
    Establish & report
    business KPI

    • Automation of processes
    • Process documentation and improvements
    • Business Intelligence Tools
    • Monthly dashboard reporting
    • Auditing of data

How we can add value.

Example: Determining Payroll Costs

Consider an employee on a base salary of $80000.
Did you know that this employee will end up costing you up to 1.5 times more than their salary? How?

1. Superannuation

Paid on top of the base salary for any employee earning over $450 in a calendar month, so immediately you need to factor in another $7600 that you need to pay out.

2. Annual Leave

Although this is built into their wage, you are effectively paying $80,000 for 48 weeks of work in the year, which means the correct annualised wage for the employee is roughly another $6738.

3. Sick Leave

In addition, you have sick leave, which is generally 10 sick days per annum, roughly another $3369.

4. Public Holidays

There are usually 13 public holidays in Australia each year, adding another $4380.

5. Compulsory Workers' Compensation

This will vary depending on the industry you’re in, but can be in excess of 15% of the total annual wages. For this example, we will use 5%, another $4000

6. Payroll Tax

Payroll tax is payable in each state when you pay over a certain threshold in wages, the threshold and percentages vary from state to state, but QLD, for example, has a threshold of $1100000 and a rate of 4.75%. Even though you may not have passed the threshold yet, if you are planning on expanding your business you may pass it in the future, and thus should account for it. This would mean another $4161.

7. Recruitment Costs

Another thing that must be considered is the cost of actually recruiting staff, on average this will cost around $8760, which includes the recruitment costs but excludes down time and training. If your staff member were to stay with you for 2 years, this would be an annualised cost of $4380.

After taking this all into consideration, the staff member who you employed on $80000 p/a, is actually costing you roughly $114628.
Keeping in mind that there are plenty more costs associated with employing someone, such as ongoing training and professional development, payroll, redundancy and termination costs, office space, stationery, computers and office furniture, staff amenities, etc... the list goes on!
Not to mention your management time which can be better spent on your business rather than in it. It may be time to relieve some of that work load.