Service

A/R And A/P Management

A/R And A/P Management

There is more than one way to do business, but all involve paying and receiving. Paying for production materials, office premises and people's talent. Receiving funds for sales, services, and credits.Successful businesses know that central to their success is keeping these two disparate areas in balance. Money going out must equal money going in.

If you are a small to medium sized business needing to outsource your receivables and payables or a large requiring help to reorganise and streamline these processes, then Kress Cooper can help.

We have team members whose strong suits are in the collection of revenue and correction of outstanding debts. They can do the following:

  • Look at current payable and receivable processes and make improvements.
  • Assure recording, tracking and closing of historic, outstanding payments and collections.
  • Set-up a robust, client tailored system that will easily move transactions from one accounting area to another with the push of a button.

Design the system to automatically generate monthly, quarterly and annual reports for the finance department and executive.

With these accounting cornerstones under control, our team can further customize our service to assure clients will always keep the scales balanced ensuring cash flow, secure vendor and supplier relationships and overall smooth operations.

At Kress Cooper, we understand the importance of effectively managing your organization's fixed assets. Maintaining an accurate and up-to-date record of your assets is crucial for financial reporting, compliance, and decision-making. Our Fixed Assets Verification and Tagging services are designed to assist businesses in streamlining their asset management processes, ensuring accuracy, and maximizing the value of their assets.

Our team of experienced professionals specializes in conducting comprehensive physical verification exercises to verify the existence, condition, and location of your fixed assets. By employing robust methodologies and utilizing advanced technology, we meticulously examine your assets, cross-referencing them with your existing records to identify any discrepancies or irregularities.

During the verification process, we also provide asset tagging services, where we affix unique identification tags to each asset. These tags contain essential information such as asset codes, descriptions, and serial numbers, facilitating easy identification and tracking. The use of asset tags enhances visibility, reduces the risk of loss or theft, and simplifies asset audits and reconciliation.

Key Features of our Fixed Assets Verification and Tagging Services:

1. Comprehensive Asset Verification: Our team undertakes a thorough physical inspection of your assets, verifying their existence, condition, and location. By reconciling physical counts with your asset register, we ensure an accurate representation of your assets.

2. Asset Tagging: We affix durable and tamper-evident asset tags to each fixed asset. These tags provide unique identification and enable efficient tracking and management throughout their lifecycle.

3. Data Collection and Validation: Our professionals collect detailed data on each asset, including descriptions, specifications, and relevant documentation. We validate this information against existing records and update any discrepancies or missing details.

4. Asset Register Reconciliation: We help you reconcile your physical asset count with your asset register, identifying and resolving any discrepancies. This ensures that your financial statements accurately reflect your organization's asset holdings.Done correctly a fixed asset verification and reconciliation can save you money, create capital, increase cash flow, improve balance sheets and cut down on payable taxes. Kress Cooper knows how to approach what can be a dauting task for any company regardless of size. We can lend your accounting staff an expert hand by undertaking a fixed asset verification and reconciliation that will:

  • Avoid duplicate assets,
  • Avoid unrecorded assets,
  • Code and enter accurate identifying details for all assets,
  • Apply standard depreciation criteria to all assets,
  • Correctly value assets.

5. Reporting and Documentation: Our services include comprehensive reporting, documenting the verification results, asset details, and any recommendations for process improvements or corrective actions. These reports serve as valuable references for audits, compliance, and decision-making purposes.

By engaging Kress Cooper for Fixed Assets Verification and Tagging services, you can benefit from our expertise and commitment to delivering accurate, reliable, and efficient asset management solutions. Our services can help you minimize the risk of errors, improve financial reporting, optimize asset utilization, and enhance overall operational efficiency.

Contact us today to learn more about how our Fixed Assets Verification and Tagging services can add value to your organization.

Smarter People Support with Practical HR Advisory Services

In Kress Cooper, we offer HR Advisory Services that are based on the needs of contemporary business in the real world. With goal-oriented solutions that are easy to understand, we help managers who need to deal with growth, enhance compliance, or address staffing issues.

Support That Fits Your Team's Needs

We collaborate with your staff to construct a healthy working environment by ensuring the implementation of the right hiring strategies and performance management strategies. Our instructions are down-to-earth so you can decide with confidence (and other terminologies).

Policy, Compliance, and Workplace Clarity

We help to review your policies, regulatory changes, and day-to-day support to make your operations smooth and easy to work with. It is all based around your business, but not the other way around.

Flexible Services for Local and Global Teams

You may have one or multiple markets to operate on, but our services can grow with you. We know that no workforce is the same, and therefore our support is flexible and moulds itself to your structure and speed.

We simplify people management in Kress Cooper so that you will have the confidence to grow your business in every which way possible with a clear vision in mind and the proper support along the way.

Welcome to Kress Cooper, your trusted partner for comprehensive financial solutions. As a leading regional firm, we are committed to providing exceptional tax, audit, advisory, and accounting services to our esteemed clients. In addition to our wide range of offerings, we are excited to introduce our specialized Supply CFO Services.

At Kress Cooper, we understand the critical role of a Chief Financial Officer (CFO) in driving financial strategy, ensuring sound financial management, and supporting overall business growth. We recognize that not every organization may have the resources or need for a full-time CFO. That's why we offer flexible and scalable Supply CFO Services to meet your specific financial leadership requirements.

Our group of professionals holds membership of international professional bodies CA, ACCA, and CIA and are ready to help you addressing the following selected critical business issues:

  • How to formulate business' future direction and supporting tactical initiatives;
  • How to optimize working capital management;
  • How to reduce operating costs;
  • How to design and implement financial and operational best practices;
  • How to design, implement and monitor management information system for timely reports, thus ensuring that business decisions are grounded in sound financial information;
  • How to structure finance function and shared services viability;
  • How to prioritize the allocation of scarce resources to generate the maximum value;
  • How to maintain healthy relationship with the banks and to negotiate for optimum benefits.

By partnering with Kress Cooper for your Supply CFO needs, you gain a trusted advisor who can help you make informed financial decisions, optimize profitability, and mitigate risks. Our CFO professionals work closely with your organization to understand your unique business goals, challenges, and financial objectives. We provide tailored solutions and strategic guidance to help you achieve sustainable growth and maximize shareholder value.

Our Supply CFO Services encompass a wide range of activities, including financial strategy development, financial modeling and analysis, capital budgeting, and investment evaluation. We leverage our expertise to help you navigate complex financial landscapes, assess market trends, and identify opportunities for growth and efficiency.

Whether you require assistance with financial planning and analysis, mergers and acquisitions, risk management, or investor relations, our team is equipped to support you. We have a deep understanding of regulatory requirements, accounting standards, and industry best practices, ensuring compliance and transparency in all financial matters.

At Kress Cooper, we are dedicated to building long-term relationships with our clients, based on trust, integrity, and expertise. Our Supply CFO Services are designed to provide you with the financial leadership and support you need to drive success and achieve your strategic objectives. Contact us today to learn more about how our Supply CFO solutions can benefit your organization and help you thrive in a dynamic business environment.

Reliable Business Solutions for a Changing Workforce

Managing international talent can be complex. That's where Kress Cooper comes in. We offer dependable Staff Outsourcing Services in UK, helping your business scale without the hassle of setting up local entities. Whether you're hiring short-term or building long-term teams, we simplify the process from start to finish.

A Smarter Way to Manage Overseas Teams

Our team helps you stay compliant with UK employment laws, payroll, and tax regulations. With us, you don't need to worry about contracts or onboarding delays; we manage everything while you stay focused on growing your business.

Designed to Match Your Business Needs

We offer the support that suits your objectives, whether you are a new company trying out new territories or an established, acclaimed company going international. We link you with proficient experts, and we make it simple, legal and economical.

Make Global Hiring Simple and Stress-Free

With clear communication and local knowledge, we make overseas hiring smooth and risk-free. You get access to top talent without added complexity.

Kress Cooper is your trusted partner in global workforce management, simple, effective, and fully aligned with your business growth.

Employees rely on receiving their pay packets each month and any system failure that prevents their remittance must be avoided. Kress Cooper can put in place an infallible payroll system for companies with a handful of local employees, companies with thousands of worldwide employees and for all of those in between.

We can seamlessly shift the burden of monthly payroll from your in-house team to our payroll professionals who will automate monthly employee pay packets in a timely and secure manner. We will also provide salary information to employees and employers that depending on need, can include:

  • Time tracking
  • Personal tax contributions
  • Pension contributions
  • Accessed advances

Employee personal loan repayments

Additional payments, such as expenses and unused vacation days

In addition to the above information, clients will receive all the necessary backup required for taxation and compliance obligations. Kress Cooper will be a full extension of your accounting department assuring management and employees that their salaries will always be correct and on time.

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