Our solutions are innovative and are built around the “SET” approach for accountants, auditors, hr and risk managers consisting of Software, Expertise and Training.

We are professionals with several years of experience in risk, compliance, auditing, HR and risk management acquired from Big 4 accounting firms.

Training

The best and most focused staff developmental training programme for accountants, HR, risk managers and auditors.

PML has a highly professional support team dedicated to the queries and needs of our clients.

PML Advisory is a leading professional service firm. We provide services and solutions in risk, compliance, audit and HR. Our services are built around specialized software, expertise and training and tailored to take advantage of our combined “SET” approach. Our services covers:

  • Risk management
  • Compliance
  • Internal audit
  • International Financial Reporting Standards.
  • Accounting services.

We implement and support the following solutions.

  • SAGE Accounting Software
  • SAGE HR and Payroll Solution
  • LASER Internal Audit Management Solution
  • Auditmate – audit software for external auditors
  • Laser Enterprise Risk Management Solution

We offer trainings on risk management, compliance, accounting, audit and HR.

Our Big Four heritage has given us a wealth of experience in all areas of professional services and software.

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Recent News

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  WHY OUTSOURCE YOUR ACCOUNTING SYSTEM Starting a business as an entrepreneur is because you had a dream. You saw a need or a ...

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Steps to get your start-up on track From fledgling startups to well-established ventures, companies today need to be ready to pivot as unpredictable markets could ...

Why Choose Us?

1. Software

Technology drives businesses to the optimum which makes life easier and faster. To achieve this, PML advisory can proffer reliable software to solve all your accounting problems.

2. Expertise

A multidisciplinary team consisting of experienced accountants, CFO of large corporate organizations, risk manager, project manager, IT and change process experts and the various experience we have gathered over the years has a lot to say on our professionalism and that is why we are best at what we do.

3. Training

We offer both in house and outdoor training in line with best practices to bring out the best in you.

4. Testimonials

Anonymous- Member, Board of Audit Committee. AFRICAN ALLIANCE INSURANCE PLC

The training was very detailed and I gained alot from this training. The facilitator did justice to all the standards in terms of comparing IAS (IFRS) and SAS and all the questions was also answered.

Our Clients

Services and solutions in risk, compliance, audit and HR

 

Outsourcing

WHY OUTSOURCE YOUR ACCOUNTING SYSTEM

Starting a business as an entrepreneur is because you had a dream. You saw a need or a problem common to many individuals or businesses, and you had an idea for a product that would meet that need or solve that problem. You looked forward to creating it, perfecting it, identifying your market, making critical connections by networking, and managing the health – and growth — of your promising venture. As the business unfold, activities become larger and control become necessary, you find yourself spending hours every week trying to figure out whether you’re making or losing money, and why or why not. You’re struggling to pay your taxes and suppliers and other expenses, and you have to chase down payments from customers so you can fulfill those obligations. You’ve borrowed money or taken on investors to get the business going, and those people want regular updates, reports that you just can’t seem to get right. Now you are stock with the problem of how to shuffle the business management and how your finances are being run. Whether you’re using software or still trying to get by with paper and the occasional spreadsheet, for you to stay focused in building your business you need a sound financial management with dependable accounting function- a resource you may not have in-house. How do you checkmate this resource gap, outsourcing is just the right solution. Here are some major benefits and reasons why you should consider outsourced accounting:
  1. Outsourcing is cheaper with greater benefits
It’s no surprise that outsourcing work to an outside provider, versus hiring a full-time employee, saves you money. When you outsource, not only can you match the work hours/amount of projects to your needs, but also you can avoid typical employee expenses like benefits, insurance, payroll taxes, unemployment taxes, paid time-off, etc. You don’t have to provide work space, office furniture, computers or software, either. Even with the costs involved in farming out work, the financial savings are still significant. Also is that, outsourced accounting firms can provide state-of-the-art infrastructure that assures superior results. As a result, you no longer have to purchase expensive software, additional computers, or hire personnel to maintain them. Because, an outsourcing firm specializes in nothing but accounting it can offer superior results in less than hours.
  1. With outsourcing you get a better command of your finances.
You don’t lose control of your company when you outsource your accounting. In fact, you get a better command of your finances. The outsourced firm works in an advisory capacity, and you still make the big decisions. You will probably even feel like you have more control because you’ll have a much better understanding of your company’s financial strengths and weaknesses.
  1. Outsourcing is time saving.
By transferring accounting needs to outside specialists, business owners can focus on what they do best – run their business. Both management and employees are freed to focus on the most essential and pressing issues in their business. Your new partners will take over your financial fundamentals, and they will manage them in a timely, accurate fashion by implementing that complex set of rules. By outsourcing your accounting system you save the time and capital that would have been required to hire, train, and pay accounting personnel.
  1. Outsourcing is a win-win for you and your partner
By outsourcing your accounting service to a professional, as a client, you receive a higher level of expertise since the outsourced firm brings experience from a variety of client situations, continuing education, and the firm’s other resources. The work is done in much less time without the normal distractions of an internal employee, such as routine staff meetings to vacations. One of the biggest client advantages is objectivity. An outsourced firm can coach a client on sensitive matters, whereas, an employee may feel the need to avoid certain topics such as confidential owner compensation issues. The firm is privy to all the intimate financial details and develops a relationship as a trusted objective advisor with the client.
  1. Outsourcing as a strategic decision
Outsourcing your accounting functions is a strategic, forward-thinking decision for your business. Outsourcing some or all of your accounting functions means shifting bureaucracy to our shoulders. You will immediately benefit from having more energy for your core business.
  1. Time-Tested Technology
Finally, even if you did manage to figure out how to use accounting software, you can’t compete with your outsourced partner’s technology. Outsourcing firms use the best, most sophisticated state-of-the-art applications. So you get to have access to a more robust and sophisticated way of handling your finance at a cheaper cost compare to you having them internally. And you can always access your data easily.   In conclusion, outsourcing costs money. But if you consider the time and mental focus you’re wasting by trying to manage your own finances (losing revenue in the process), outsourcing’s affordability may translate to increased profitability for your company.