Despite the size of your company, some operational elements are required to drive performance, which are typically best handled by a professional Business Support team, either as a one-time service or as part of an outsourced platform.
We provide Bookkeeping, Preparation of financial statements, Data Analysis, Accounting, and other services
Business Process Optimization
Sunday Omojuyigbe & Co. business process modeling approach is intended to give an independent and objective assessment of the efficacy of the operational and financial policies implemented within a company’s operational framework to the management team.
The scope will be largely planned and tailored to focus on important risk areas, taking into account the entity’s risk drivers while considering the element of operations being examined.
Process reviews or designs will aim to create a redesigned organizational structure, as well as effective systems and controls, to guide the organization’s operational and financial activities.
The primary goal will be to create an updated SOP that will assure operational efficiency and be repeatable to maintain company continuity and asset safety while preventing resource theft.
Payroll Management Services
Sunday Omojuyigbe & Co. payroll administration services are designed to relieve our clients of the strain of the payroll function, allowing them to concentrate on their core business. The service is also geared toward ensuring efficiency in payroll calculations and statutory deductions administration (tax, pension, NHF, etc.) in a way that eliminates the risk of missing deadlines and the resulting legal consequences, while also ensuring the confidentiality of personnel emolument information both within and outside the organization.
Our payroll management service covers the following:
- Receiving periodic payroll instructions
- Preparation of monthly master payroll in line with instructions
- Jointly reviewing draft master payroll with client’s finance unit
- Preparation and dispatch of monthly and annual personalized payslips.
- Preparation of annual payroll summary
- Registering new employees with the chosen pension agencies
- Opening and maintaining a client-dedicated bank account for the administration of payroll
- Making monthly disbursement of payroll charges to employees, pension, tax/revenue authorities, etc. from the dedicated payroll account.
Liquidation & Insolvency
Directors of companies are sometimes faced with the tough decision of winding down their operations, whether due to a shift in strategy, inability to pay creditors’ commitments, or other factors. An unpaid creditor may also commence a firm’s liquidation in order to avoid losing their whole investment in the company. However, business recovery and turnaround services are included in the liquidation and insolvency procedure for enterprises that are encumbered by debts and require restructuring to return to solvency.
The following are some of Our liquidation and insolvency services:
- Administrative Receivership
- Debt Recovery
- Voluntary Liquidation/Winding up
- Compulsory Liquidation
