Based in Sydney, our outsource accounting team provide cost effective solutions to your problems. So you can work on your business – not get lost in it.
Every organisation has its own unique accounting & bookkeeping challenges. To meet your needs, we work with you, tailoring a service package that best works for your company.
Rest assured, our packages are all designed to reduce costs, and increase the efficiency of your business.
How we help
We assist your company across the following areas:
- Accounting Compliance
- Accounts Payable
- Accounts Receivable
- Asset Management
- Audit Preparation
- Business Activity Statements
- Cash Flow Reporting
- Credit Control
- Financial Reporting
- Taxation Advice
Why choose Penguin Management?
Our work ethic is second to none: we’re here to solve your problems.
With over 25 years’ experience, our focus on SMEs, Start-ups & Not for Profits means we look after a diverse range of clients, from Australia, and around the world. In fact, we’ve probably helped companies in your industry already.
Penguin Management is a member of CPA Australia & the Australian Institute of Company Directors. Memberships which allow us access to ongoing, expert training; meaning we stay switched on to the latest company & taxation law changes.
A Xero Silver Partner, we also have access to the latest Xero Accounting information. If you’re thinking about moving tot Xero, we help you quickly & easily convert your existing MYOB or Quickbooks data.
Or perhaps you’re running enterprise grade software? Our skilled team is adept in the use of all major platforms, including NetSuite, Sage & SAP.
Outsource Accounting FAQ
What is outsource accounting?
Outsourced accounting is a business process designed to reduce the costs of taxation compliance by contracting a third party to complete it.
Often, the third party company will be located overseas; this is known as offshore outsourcing.
Penguin Management’s outsourcing is completed right here in Sydney.
Who needs it?
Accounting outsourcing works best when a business sees a need for an in-house accounting department, but is unable, or unwilling to establish one.
The need may arise due to unexpected growth, or a desire to reduce current expenditure.
What if we already have an accounting department, can you still help?
Yes, of course!
Penguin Management can work as your whole accounting function, or alongside your existing one, providing support when it’s busy, or staff are on leave. Just let us know what you need.
How does it work?
After a consultation with one of our expert team, we’ll jump straight in and complete a comprehensive business & systems review, to assess the best strategy for your company.
How much will I save?
Surveys have shown typical cost reductions when outsourcing business processes of around 15%. Of course, your own mileage may vary.
Are you just another outsource accounting firm?
Our outsourcing services extend beyond traditional accounting to complete back office support.
And because many of these areas require inter-department communication, combining such services means we can maximise the time & cost benefits for you. Meaning you can focus on what matters: Growing your business.
Streamline your business today!
To find out how Penguin Management can help your company operate more efficiently, contact us today for your free consultation.