Finance and HR
At SouthWestern we offer a comprehensive range of Finance & HR Admin services. Whether it is payroll, accounts payable, banking, collections, billing, general accounting or reporting, we employ a team of qualified accounting and expert administration staff to deliver results to our clients. Our proven delivery model has delivered numerous benefits for our customers including improved flexibility and productivity, a reduction in the cost of operations and an improved customer experience.
Purchase to Pay
We work with all the main financial software packages in the marketplace including SAP, Oracle and Sun Accounts for medium to large businesses ensuring our client’s requisitions for purchase orders are managed through to the prompt payment of their vendors. With the use of our electronic mail room solution, our client’s documents are receipted, sorted, scanned, indexed and dispatched for processing. This solution ensures all relevant documentation is at our agent’s fingertips dealing with queries thus ensuring first call resolution and excellent relationships with vendors.
Order to Collect
We have experience in the process of taking orders for our client’s customers right through to collection of cash. We are experts in debt collection in the Irish market and currently collect cash for our clients in a number of industries including media, utilities, telecommunications and food & beverage. Since transition we have improved the DSO days yearly for each of the companies within a large media group by between 2 - 10 days. We also improved cash collection for a large utility client by 50%.
HR to Payroll
We have in-house expertise in payroll and provide these services to both private and public sector clients. We have in-house knowledge of and work on all the main payroll software packages including Quantum and Core. We can handle all statutory and reporting requirements including maternity leave, social security, benefit-in-kind and other tax reporting requirements.
Record to Report
The SouthWestern team of accountants through the processes of GL accounting & analysis produce financial reports required by Management, including actual to budget comparison and trend analysis. We also provide specialist reporting to meet the client’s requirements.
Banking
Through our order to collection facility, we allocate cash from either manual or electronic cash remittance right down to invoice level. We also carry out complete banking services related to accounts receivable, accounts payable and payroll, including set-up and bank reconciliation controls.
Reconciliation / Financial Controls
SouthWestern employs an experienced team of qualified and part-qualified accountants who perform the standard reconciliations required to run accounts payable, accounts receivable and payroll. In addition bank reconciliations and statutory reconciliations are also performed. All core operational accounting, intercompany reconciliations and provisions are completed also.
