Published on 07 November, 2024
In 2018, three professionals with extensive audit firm experience came together to form SHORTS Business Services with an ambitious plan: they sought to establish a boutique accounting firm in Singapore that goes beyond conventional corporate models.
Capitalizing on their extensive industry expertise, the two founders established SHORTS as an inclusive one-stop solution for both SMEs and individuals seeking top-quality corporate services. SHORTS was formed out of their desire to make professional services accessible and seamless so that businesses could stay compliant and efficient amid increasingly stringent regulations.
Our Philosophy: “Happy Customers, Happy SHORTS”
At SHORTS, we believe happiness and success go hand in hand, which is why our motto is “Happy Customers, Happy SHORTS.” This philosophy serves as the cornerstone of everything we do. It’s more than just a motto–it defines how we approach projects, meetings and relationships.
We take great pleasure in offering top-quality services, but more than that, we truly enjoy helping our clients. From simplifying accounting practices, handling tax matters or assuring compliance obligations – whatever their need – to giving peace of mind knowing we have them covered, this philosophy informs all interactions between ourselves and clients, striving for each interaction to be positive and productive.
SHORTS stands apart by going beyond simply crunching numbers – we strive to form lasting relationships and help businesses flourish smoothly. Our dedication and pride in what we do sets us apart.
Comprehensive Accounting Services for SMEs and Individuals
At SHORTS Business Services, we provide accounting and bookkeeping services designed to meet the unique requirements of both small and midsize enterprises (SMEs) as well as individuals. Managing financial records can be time-consuming and taxing when running a business. Let us help by offering expert assistance that ensures your finances remain organized, compliant, and up-to-date.
Accounting and Bookkeeping Expertise
Our team consists of experienced accounting and financial management professionals with diverse expertise. No matter if it is an SME needing complex financial assistance or individuals seeking personal accounting support – we have what it takes to meet all your specific accounting needs.
Our accounting and bookkeeping specialists handle everything from creating financial statements and overseeing ledgers, tracking expenses and paying payroll to processing tax returns and much more. When outsourcing these tasks to us, you gain access to industry expertise, which ensures your records are managed precisely and carefully.
As each business is unique, we create accounting solutions specifically tailored to accelerate the growth of your business. From bookkeeping support and tax season accounting services to long-term solutions, we’re here for you every step of the way!
Ensuring Compliance and Accuracy
Compliance is of utmost importance for every business, and at SHORTS, we understand its significance. Our team is well-informed of new regulatory requirements and accounting standards to help your firm remain compliant with local laws; taking this proactive approach not only prevents penalties but gives peace of mind that all financial records remain in order.
We ensure accuracy in every step by meticulously maintaining financial records and helping our clients reduce any mistakes that could cause discrepancies or audits. From tax filings to meeting regulatory deadlines, our services ensure everything gets completed the first time, allowing you to focus on expanding your business with peace of mind.
Advantages of Outsourcing to SHORTS
Outsourcing accounting and bookkeeping services to SHORTS brings many advantages that will transform how you manage your finances. As your trusted business partner, we help you take away some of the burden associated with complex financial tasks so you can focus on running your core operations more easily. Our services not only improve accuracy and efficiency but also ensure compliance and mitigate risks – here is how outsourcing to SHORTS could benefit your business:
Expertise
Working with SHORTS gives your company access to our team’s extensive expertise. With decades of accounting and financial management experience across businesses of various sizes, our team knows all the latest accounting practices, standards, and regulatory requirements that must be abided by in order to keep financial records accurate and up-to-date.
Cost-Effectiveness
Management of an accounting team can be costly, especially for small to medium-sized enterprises (SMEs). Recruitment costs, training expenses, salaries and employee benefits quickly add up – outsourcing your accounting functions can significantly cut these overhead costs – with flexible services made specifically for your business requirements, allowing only pay for what services they need versus the burden of overseeing an internal team. By outsourcing to us we can significantly cut these overhead expenses without adding burden or additional stress of internal staff management to your shoulders.
Outsourcing also gives your business the flexibility to scale its accounting services as its needs increase, without needing to hire additional staff if your financial requirements increase. SHORTS professional accounting experts will handle this transition seamlessly without disrupting operations or the flow of funds.
Compliance and Risk Management
Compliance is of utmost importance in Singapore’s financial regulations. SHORTS is here to ensure your company abides with them all, mitigating risks of noncompliance and any penalties attached to noncompliance. Our regulatory experts provide updates as new laws emerge so we can make sure your financial records comply.
Additionally, we implement strong internal controls to safeguard your financial data against errors, fraud or unauthorized access. Our proactive compliance and risk management ensures we maintain the integrity of your information while guarding against unnecessary risks to your business.
Leveraging Advanced Technology for Efficient Accounting
SHORTS Business Services recognizes that the accounting landscape is rapidly evolving with technological innovations. That is why we leverage cutting-edge tools and software to deliver efficient, accurate, and secure accounting services to our clients. By integrating advanced tech into our processes, we help businesses streamline financial management while offering real-time insights into their financial well-being.
State-of-the-Art Accounting Tools
As part of our efforts to provide our clients with efficient services, we use cutting-edge accounting tools and software designed to simplify bookkeeping, tax preparation and financial reporting. These time-saving tools automate time-consuming tasks like data entry, transaction tracking, and invoice management, drastically decreasing manual effort and human errors.
Automation allows our accountants to focus on higher-value activities like analyzing financial data and offering strategic advice that could benefit your business operations. Furthermore, all software we use meets Singapore regulatory standards, so your records will always remain up-to-date and ready for audits or tax filing.
Our technology suite also includes secure cloud platforms that facilitate seamless data access and collaboration for our clients, giving them easy access to their financial data anytime, anywhere, without fear of data loss or security breaches.
Real-Time Financial Insights
Advanced accounting technology gives businesses real-time financial insights. Through cloud accounting platforms like our own, you have instantaneous access to up-to-the-minute financial performance data, helping you make informed decisions quickly when tracking cash flow, monitoring expenses or planning future investments.
Instead of waiting for monthly or quarterly reports on your financial health status updates, why not track it continuously? Not only will this provide greater transparency, but it will enable you to quickly respond to any challenges or opportunities presented by finances as they emerge.
SHORTS understands the significance of access to real-time data as essential for business growth, which is why we utilize advanced accounting technology to help you stay on top of your finances so you can make strategic decisions and drive success forward.
Affordable and Accessible Accounting Services
At SHORTS Business Services, we believe quality accounting services should be accessible and within reach of businesses of any size. We recognize the challenges SMEs face in managing finances – particularly the need to balance costs against professional support – which is why our range of accounting services aims to meet your accounting requirements without breaking your budget.
Monthly Accounting Service Charges
Our monthly accounting service charges are designed to maximize the value of your investment. Instead of dealing with unexpected costs associated with hiring full-time accountants, opting for our customized packages aligning with your business requirements makes budgeting simpler, knowing exactly what is expected each month.
We offer different service tiers suited to different business sizes and complexities, from basic bookkeeping services to full accounting support packages created specifically for you. With us by your side, you’ll have professional accounting support without incurring the high overhead associated with maintaining in-house teams – this provides access to professional accounting services without incurring high expenses associated with maintaining them internally.
Tailored Solutions for Growing Businesses
Understanding that no two businesses are alike, we take great pride in customizing solutions specifically to fit each of our client’s circumstances and to develop flexible service plans that scale with them as the business expands or contracts.Our core services for startups focus on bookkeeping and compliance to build a solid financial base for your company. As your business expands, our experienced professionals seamlessly incorporate more advanced services like financial forecasting, tax planning and payroll administration so we can support its expansion without changing providers every time a need arises.
Our experienced accountants take the time to learn more about your business, industry and goals in order to create solutions made specifically for them. Our goal is to foster long-term relationships with each of our clients by offering ongoing assistance with managing all financial aspects of running their business confidently.
Why SHORTS is the Best Accounting Firm in Singapore
At SHORTS Business Services in Singapore, having an accounting partner who you can depend on for success is paramount to business. That is why SHORTS stands out as the best accounting firm in Singapore, not only due to our expert accounting knowledge and commitment but also because our client trust keeps growing stronger every year – this is one of the reasons why we’re considered one of the top accounting firms in Singapore.
Commitment to Excellence
At SHORTS, excellence is central to everything we do. We recognize the necessity for high-quality accounting services as vital elements to maintaining financial health and success for any business, which is why our team comprises experienced accounting and finance experts, many hailing from prestigious backgrounds like Big Four audit firms. Their collective knowledge allows us to offer accurate, timely, and reliable accounting solutions created to suit our clients requirements.
We continuously invest in training and development, so our team stays updated with the most recent accounting practices, technologies, and regulatory changes. By employing advanced tools and software, we optimize efficiency and accuracy while offering superior service. Furthermore, our commitment to excellence extends into customer service, where communication and responsiveness play key roles so that our clients feel valued throughout their relationship with us.
Trusted Accounting and Taxation Services in Singapore
SHORTS stands as an esteemed provider of accounting and tax services in Singapore, having built up an outstanding reputation of integrity and dependability over many years of business operations here. We fully appreciate the complex regulatory environment here as well as compliance importance in protecting businesses; that is why our team ensures all financial records comply with local standards to reduce noncompliance risks as well as penalties associated with them.
Our comprehensive services include accounting, bookkeeping, tax planning, and corporate secretarial services that are suited for businesses of any size. With an aggressive tax planning practice – as well as personal relationships built around each client to understand their particular requirements – our proactive tax advisors assist businesses of any kind in navigating complex tax structures with efficiency while maximizing tax efficiency for maximum returns on their tax investment. We work directly with each client to understand their requirements so we can craft personalized solutions aligned with business goals that fit them exactly!
Clients appreciate our commitment to openness. With no hidden fees and straightforward pricing structures that enable budgeting effectively and understanding exactly which services they’re receiving, this dedication promotes trust between us and our clients, which serves as the cornerstone of all relationships between us.