No company, regardless of size, can afford to take a break in accounting. Unfortunately, it may happen that as a result of sudden absence of a key employee (e.g. due to sick leave), the accounting department is virtually paralysed, which may seriously threaten the functioning of the company. The remaining accounting staff may be unfamiliar with or inexperienced in complicated or highly specialised processes and the problem may prove too difficult to overcome. Many companies use external assistance in the event of errors or irregularities in the accounting books. In the case of unforeseen problems in the finance and accounting departments, GLC supports the company by offering cover personnel and delegating its specialists to provide accounting services – on-site, at the client’s premises or remotely.
Finance and accounting personnel cover by GLC includes the following:
We can supervise the client’s bank account: the clients has an option to grant us active or passive access their bank account, which enables us to monitor constantly the transactions and financial processes on the Customer’s account. We prepare the company’s Chart of Accounts and advise on optimisation of evidencing methods.
In our work we can use our own software or our client’s, including SAP and Microsoft Dynamics which are most popular in international corporations; we can also make available to Clients our own accounting modules. The software we can work with, includes, but is not limited to: SAP, Enova, Comarch CDN Optima, Microsoft Dynamics Navision, Microsoft Dynamics AX / AXAPTA, Revision, Symphony and BPSC).
Our accounting service includes providing management reports which give business owners and management up-to-date information necessary to create rational business plans and control their implementation. Constant monitoring of the company’s financial indicators: costs and expenses, financial liquidity and products profitability allows early detections of variations and undertaking necessary intervention. Management reporting service is particularly important for the managers of manufacturing and industrial entities, primarily in capital-intensive industries and at the stage of significant investments.
GLC Accounting department specialises in the following areas: