Financial Management

Snapbusiness recognises the importance of timely information in order to make meaningful decisions within your business. None the least important is your business' financial position and the need to have this information in an up to date form at all times.

Snapbusiness is able to provide you and your business with comprehensive financial package to assist you in understanding your business finances and in keeping them up to date and meaningful.


To ensure we are able to provide the best financial support to our clients, we offer the following services to support both your business and personal financial situations:

Payroll Services

Snap business offers a full payroll service which includes pay calculations, employees pay advices, Direct Credit or coin split, management reports, record of sick and annual leave, Holiday Pay calculations, IRD monthly returns, Provision of Human resources advice.

Development of Financial Budgets.

Many businesses do not develop budgets on an annual basis therefore it is often difficult to determine whether they are on track financially. The offering of this service will allow us to work with the client to develop a budget which will help them with their decision making and assist them to manage individual costs.

We will also assist our clients to scenario test different possibilities within their business allowing them to understand the impact changes will have on their financial position. These budgets can be developed either on a cash basis (cash flow) or on an accrual basis (profit and loss). Both types of budget serve different purposes within a business.

IRD Solution Provider

For various reasons many SME's find themselves having to deal with IRD. Many find this a daunting task.

We will act as an agent on your behalf, liaising with IRD to work through any issues that may arise. These issues could range from late submission of returns, errors on IRDs part to arranging time payment plans for overdue taxes.

By providing this service we will be able to assist you to take some of the stress out of these situations and help you to save money by negotiating with IRD in relation to penalties.

This service is offered to all our clients who we are providing either accounting or payroll services.

Financial Policy & Procedure

We will assist you to develop financial policies and procedures to assist you in moving your business forward. This service involves determining which policies and procedures are needed within the business. In some cases these will be based upon a standard policy adapted for your business while in other cases they will need to be developed from scratch. Polices and procedure development can be provided in two different ways. In some instances we will assist you to write and develop your own policies, while in other situations we will develop the policy based on your business' philosophies.

Internal Audit and Risk Management

SME's sometimes find themselves in a position where they need to assess what is happening in the administration side of their business. There are a variety of reasons for this ranging from inefficient process to a concern of fraud or inappropriate behaviour occurring.

We will work with your business in order to minimise the risk you are taking from a financial processing view. In order to understand how your business is operating it will be necessary to spend time in the business obversing the current processes, then comparing to what is actually happening. If the business has documented the internal proceses these will be evaluated against 'best practice'

Debt Elimination & Wealth Creation

The Snapbusiness Debt Elimination System has been designed for New Zealanders, by New Zealanders who have been where you are now, and have come through. It is our goal to pass on that knowledge to others, and to assist you to become financially independent, eliminating DEBT from your life and create lasting wealth.

CFO Services

Snapbusiness is able to offer full Chief Financial Officer services to any business looking to get serious about their financial performance and control but may not have the capacity to take that type of person on full time. The next best thing is to engage Snapbusiness to provide those services on an as a when required basis.

Collection Services

Today, more than ever, it is important that your cash flow is maintained at the highest level posssible. Part of this is to ensure all monies due to you is collected in a timely fashion and not allowed to go beyond normal credit terms. If you have outstanding accounts that you are having trouble collecting, we can help. Most times a third party involvement can be just the catalyst needed to get the money into your bank account.

Financial Benchmarking KPI's

Financial Benchmarking and establishing meaningful Key Performance Indicators (KPI's) within you business can give you valuable information in which to either support decision making or ascertain where things could be improve or errors are being made. Snapbusiness is able to work with you to establish these within your business and to start giving you some key indicators and information about your business performance.
 

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