No company plans to encounter financial difficulties and yet most companies are surprised by financial difficulties at some stage. These surprises should never be allowed to happen.
Let Crescot help you keep a close account of your company’s financial status by implementing financial controls and infrastructure support that will provide you with accurate and up to date information. This will not only prevent difficulties, but also enable you to correct existing concerns and problems.
Capturing and recording your business's books and accounts which includes debtors, creditors and bank reconciliations.
Accurate financial management that entails planning for the future of your business or enterprise with the aim of ensuring a positive cash flow which includes monthly management reports.
This gives your business operations a closer examination of financial information to make well-informed business decisions. This is concerned with the provisions and use of accounting information to managers within the company, to provide them with the basis to make informed business decisions that will allow them to be better equipped in their management and control functions.
Crescot can provide full-time or part-time qualified and experienced finance managers to manage your existing or new finance department and your applicable staff members.
We can assist filing your company's statutory returns with SARS and other government agencies such as VAT, PAYE, UIF, SDL, RSC, Compensation commission and Tax returns.
This service will be of great benefit, if your organisation or company has been suffering as a result of poor financial controls.
Typically, when small to medium sized companies go through a growth phase, the need to upgrade the level of financial control becomes more obvious.
We can provide your company with the tools it needs to compile and monitor your budget process and milestones in line with business goals and financial accounting.
It is never too early or late to start budgeting for your company and it is an important aspect that directly affects cashflow and funding, especially for forecasting bi-annual and annual tax returns imposed by SARS.
This service manages your company's entire outstanding book of debtors (as opposed to the traditional market extricating money from one or two unwilling parties). In terms of this service:
Crescot is experienced in payroll management. There are many legal requirements relating to employee details, wages/salaries details and deductions. Reports need to be generated and sumitted to the relevant governement authorities.
We can free your company and you from this function, leaving your company to concentrate on the core areas of expertise. Our payroll management services include:
Many companies that use software applications like Pastel or Accpac do not have the necessary skills to identify all the information needed to configure the application to best suit the organisation’s needs. This service comprises of:
Crescot is committed to taking away the frustration that businesses experience in their financial area.
Our financial services can be performed at your company and/or at Crescot's premises on a once-off/regular/contractual basis.