Watershore, a Singapore-based seasoned business consultancy and corporate services provider, has announced the expansion of its service portfolio to include comprehensive accounting outsourcing solutions.
Watershore’s latest offering includes a full suite of accounting and bookkeeping services which comprises full-service bookkeeping, financial statement preparation, tax preparation and filing, payroll management, and accounts payable and receivable management.
These newly introduced services are designed to help businesses of all sizes improve their financial operations through expert outsourcing. These are aimed at increasing financial accuracy and efficiency for businesses.
The bookkeeping service provides precise record-keeping, which is essential for accurate tracking and reporting, thus reducing financial discrepancies.
Financial statement preparation provides businesses with detailed statements that offer a comprehensive view of their financial health, enabling better decision-making.
Tax preparation and filing services are designed to ensure compliance with tax laws and to minimise tax liabilities for businesses.
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By GlobalDataPayroll management focuses on efficient payroll processing and aims to minimise payroll errors by up to 95% while ensuring timely, accurate compensation for employees.
Additionally, the accounts payable and receivable management service helps businesses streamline their invoicing and payment processes.
Watershore executive director Chyan said: “Our goal is to empower businesses with the tools and expertise they need to thrive.
“Accounting outsourcing can reduce operational costs by up to 30%, allowing businesses to reinvest in growth and innovation.”
Clients also benefit from expert advisory services, gaining access to professionals who provide strategic financial advice and ongoing support.
Watershore noted that it also employs strong data security measures to protect sensitive financial information and maintain confidentiality.
The services, the company claims, are scalable, with flexible packages designed to support businesses as they grow.
