Services

Most accounting processes are routine and time-consuming tasks that can be easily outsourced at great savings in manpower, time and money. TopSource Worldwide delivers a wide range of these financial services, with specialisation in accounting, payroll and admin support services.

 

Managed Payroll

800+ clients rely on us

The rules for payroll change every year. Our service excellence remains constant.

  • Reliable
  • Flexible
  • Knowledgeable

We deliver accurately and on time, but also with the additional help that you may sometimes need. Payroll outsourcing is often about saving time, money and stress. It is also about having a partner that is an expert in payroll and the ongoing changes in legislation.

While most payroll firms focus on basic gross-to-net calculation and payslip printing, TopSource Worldwide provides the most flexible fully managed service available. We utilize dedicated teams to deliver your payroll in the timescales that match your business needs. Processing may include calculating payroll from attendance or commission plans. We can deliver payslips online or via email and prepare the Bank upload file for making payments to employees.

Naturally, we provide standard and bespoke payroll reports in any format for all appropriate parties, giving you the opportunity to validate data at any step to ensure complete accuracy. We can even create the payroll journal entries to make life simpler for your finance team. We also take care of your statutory compliances for TDS, PF, PT, ESIC and Labour Welfare Funds.

We offer all of the support and services that you would expect from a payroll outsourcer. We also offer:

  • Fixed pricing
  • Fully integrated HR application
  • Leave Management and Attendance integration
  • Holiday accrual tracking
  • Employee Self Service
  • ROTA and timesheet processing and management
  • Email or remote print distribution of payslips
  • Online archiving of all your payroll records
  • Payroll journals for uploading into your accounting system

By outsourcing to TopSource Worldwide you get these benefits. But you also win by receiving the most flexible and service-driven support in the market today. Every client has a dedicated team that builds knowledge of each payroll's subtleties and variations. We deliver accurately and on time, but also with the additional help that you may need from time-to-time.

Outsourced Accounting

Quick, Accurate and Cost Effective

TopSource Worldwide provides a range of accounting support services. When outsourcing with TopSource Worldwide, you will receive a quick and cost-effective service that will greatly reduce the paper and processing your own office.

We typically report into a Financial Controller or Finance Director and support them in getting information moved around the business.

The most common area of focus is purchase-to-pay processing. We process over 250,000 P2P transactions every month. Our Portico workflow solution gives the added benefits of online invoice approval, removal of paper and secure document storage.

TopSource Worldwide can deliver all of your accounting transactions up to trial balance. Each process is supported by our own software applications that make us efficient and cost-effective.

Our software solutions are all Cloud based, with the added benefit of our services. Our Cloud solutions are built around our Portico platform and integrate across all of our applications. The accounting solutions provided by us are listed below.

  • Purchase-to-Pay Processing solutions:
  • Purchase ledger entry
  • Supplier statement reconciliation
  • Double payment reconciliation
  • Supplier payment runs
  • Remittance advice distribution
  • Delivery note matching and processing
  • Inbound supplier call management
  • Reconciliations including:
  • Cash
  • Credit card
  • Bank
  • Balance sheet
  • Cash-in-transit
  • Order-to-Cash Processing including:
  • Sales invoice production
  • Sales ledger reconciliation
  • Takings sheet and cashing-up sheet processing
  • Purchase-to-Pay Software solutions:
  • Online supplier invoice approval
  • Online supplier invoice storage
  • Supplier catalogue management
  • Option of full purchase-to-pay application
    (PO to Goods received)
  • Weekly P&L Flash Reporting
  • Cash, credit card and sales reconciliations
  • Expense claim processing
  • Mailroom support services
  • Scanning, tagging and uploading
  • VAT reconciliation and return processing

Admin Support

TopSource Worldwide can eliminate the cost of software and data entry by tracking all HR data for you, providing regular reports for management, and verifying compliance with all statutory requirements. You can manage all data using Portico.

We provide bespoke admin support solutions that are unique to your business. Give us a call to see what we can do to build a automated solution to your admin process needs.