Build a Contingency Plan with Prism
Labour shortages can disrupt your operations and strain your workforce. At Prism, we help you prepare with a solid contingency plan while keeping your financial management consistent, accurate and fully confidential.
Understanding the New Parental Leave Changes
The NDR 2024 update has extended shared parental leave in Singapore by 10 weeks, bringing the total to 7.5 months. While this is a welcome development for families, it can create challenges for SMEs that rely on lean teams and limited resources. Businesses must adapt to longer absences and ensure continuity without overloading their remaining staff.
Why Outsource to Prism?
Adaptable Solutions
Our accountants are unaffected by maternity leave regulations, ensuring your financial management continues without interruption.
Expertise and Professionalism
We maintain detailed records for audit and tax purposes, managing your accounts with accuracy and efficiency.
Long-term Partnership
Our goal is to become a reliable partner, offering localised accounting services tailored to your business needs.
How It Works
Getting started is simple. Provide us with:
- Your project requirements
- Access to your accounting software
- Scanned copies of invoices, bank statements and supporting documents
We take it from there, ensuring your accounts are accurate, compliant and always up to date.
Benefits of Partnering with Prism
Operational Continuity
Avoid productivity gaps caused by maternity leave or reduced staffing.
Employee Retention
Support staff on parental leave and maintain a satisfied, loyal workforce.
Work-Life Balance
Promote a healthy work-life culture by outsourcing accounting tasks.
Streamlined Accounting
Cut hiring and training costs while ensuring efficient account management.
Cost and Time Savings
Lower expenses with predictable pricing and accurate reporting.
Comprehensive Financial Reporting
Receive clear management accounts and financial statements for directors and shareholders.
Secure Document Storage
Safely store scanned financial documents with us for easy access.
Our Commitment
Confidentiality
Your data and information are always kept secure and strictly confidential.
Transparent Pricing
What we quote is what you pay. Our pricing is flexible, whether per project, monthly, or time-based.
New to Accounting Services?
If you’re looking for an accountant for the first time, we make it easy to start. Share your project with us—no pressure to commit right away. Explore our client reviews to see why so many businesses recommend Prism. Our dedication to quality work and client success drives us to continually improve.
