Back Office Outsourcing

Human Resource Outsourcing

Getting a back-office outsourcing company to handle the functions of an HR department can reduce the fixed cost of managing employees. Our team will work with you to develop a better HR strategy, setting up HR policies, and even providing full payroll services.

Payroll Services

FinanTech can provide you with a simple and convenient way to pay your employees.  You only need to submit the payroll information and we will process full services for you:

• CRA Registration
• Paystabs
• Remittances
• T4 and T4 Summaries
• ROE form

We are happy to set up employee profile and deliver a managed payroll solution tailor made for small to midsize businesses.

Bookkeeping Services Outsourcing

FinanTech offers monthly, quarterly, or annual bookkeeping services and reviews for any business owner or non-profit organization. Our back-office outsourcing company services are very affordably, and our team will efficiently get all of your bookkeeping records up to date. Other bookkeeping services:

• Setting up QuickBooks to track incomes/expenses
• Correctly set up your Chart of Accounts
• Monthly data entry/transaction review
• Monthly bank account reconciliation
• Provide all financial statements
  • Balance Sheets
  • Cash Flow Statements
  • Income Statements
• HST Recording and Remittance
  • Monthly, quarterly, or annually
  • Monthly revenue report
  • All HST filing services

Chief Financial Officer Outsourcing

For small and medium-sized organizations, it might not be justifiable to have a Chief Financial Officer. But no matter the size, the responsibilities of a CFO still exist. In this case, hiring a back-office outsourcing company ensures that professionals are ready to support you, whether developing and executing financial strategies, or assistance with financial decision making. We have got you covered.

If you wish, we can also facilitate all communications between your organization and its lenders, shareholders, auditors, tax authorities etc. Rest assured that the FinanTech team is always here to support you in the best possible ways.

Federal and Ontario Business Incorporation

If you are thinking of incorporating your business, it may be a good idea to consult with our back-end operation specialists to advise you of the benefits of doing so and can walk you through the process. Whether you are solely looking to incorporate your business in Ontario, or planning to expand across Canada or globally, choose our expert team to get you off on the right foot.

When you incorporate federally or provincially, you will have easier access to capital since you can borrow money at lower rates. Corporate tax rates are usually lower than personal income tax rates so our team will make sure you are paying the lowest rates possible.

Accounting Outsourcing

Your day-to-day accounting tasks can be handled by a back-office outsourcing company as well. The team at FinanTech is set up and ready to handle everything: AS, AP, financial reporting and analysis, and anything else that might come up. We are also there for you to liaise directly with the CRA if any matters arise. There’s no need to ever worry; we will be there to represent you through everything.

Consulting and Training

With continuous consulting and training at your fingertips, FinanTech will help you build and maintain accurate and complete financial information. Hiring us as your back-office outsourcing company ensures that your organization fully understands how to make use of all software or processes connected to our services.