Accounting & Back Office
Transform Your Business with Expert Accounting Solutions
Your business's success hinges on well-managed accounting and human resources. Without proper oversight, the company you’ve worked so hard to build could be at risk. Accounting is complex, time-consuming, and can often be frustrating. It doesn’t have to be a source of stress.
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At ~able, we simplify the complexities of accounting, turning them from potential liabilities into strengths. With over 15 years of experience, we are your trusted partner, dedicated to helping small and midsized businesses thrive. Our comprehensive services ensure accuracy, compliance, and efficiency, so you can focus on what matters most—growing your business.
Why choose ~able
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Minimize Risk: Avoid costly legal issues, fines, and penalties with precise accounting and HR management.
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Enhance Efficiency: Streamline your operations and boost productivity by entrusting your accounting and HR needs to experts.
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Gain Peace of Mind: With our detailed financial oversight, your business will be well-prepared for tax filings, audits, and financial planning.
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Make Informed Decisions: Accurate financial statements and records empower you to make smart business choices that protect your reputation and bottom line.
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Tailored Solutions: We don’t just balance the books—we get to know your business, providing personalized solutions that align with your goals.
Why proper Accounting is important
Small Business Failure Rate
Due to poor financial management, inadequate bookkeeping, 20% of small businesses fail within the first year, and 50% fail within the first five years. US Bureau of Labor Statistics
Financial Management Issues
29% of startups fail because they run out of cash due to poor financial management and lack of proper bookkeeping. (CB Insights).
Payroll Errors
40% of small to medium-sized businesses incur penalties for late or incorrect payroll filings, with total penalties exceeding $4,5Bn p.a. Accurate payroll accounting can help avoid costly mistakes.
Audit Risk
Businesses with poor bookkeeping practices are at a higher risk of being audited. According to the IRS, small businesses are 40% more likely to be audited if their financial records are disorganized or incomplete.
Cash Flow Problems
Quickbooks found that 60% of small business owners feel they are not very knowledgeable about accounting or finance, contributing to poor cash flow management, a leading cause of business failure.
Time Wasted
The average small business owner spends more than 20 hours per month on bookkeeping and payroll tasks, time better spent on growing the business. (National Small Business Association).
