Ontario – Toronto GTA – Port Perry
Corporation
www.pennyinc.com
Ontario
Toronto GTA
Port Perry
Corporation
active
Established and Award Winning Accounting and Business Management Specialists. We provide both domestic and international subsiduary accounting, office representation and management services to various sized companies. Our team provides; Outsourced accounting, payables management, receivables, payroll, CFO/Controllerhip, business plans, budgets, business management - consulting, board reporting, financial statements, - strategic planning.
A cost effective approach for businesses or associations looking to set up a small office or outsourcing their accounting department in Canada. Services also include specialized outsourced accounting for not for profit and government funded agencies.
Located just outside the Greater Toronto area
Country of Ownership: Canada
Year Established: 1994
Exporting: No
Primary Industry (NAICS): 541215 - Bookkeeping, Payroll and Related Services
Alternate Industries (NAICS): 541212 - Offices of Accountants
541619 - Other Management Consulting Services
Primary Business Activity: Services
Number of Employees: 7
Services:
Business management services
Sector:
Key / Major Clients: We have managed several US and foreign companies and assisted in setting up an small office with Canadian address, including full set of accounting records management meeting Canadian compliance and regulations.
Success Stories: One of PA's clients did a majority of their marketing through their US based company and had a Canadian sales team follow through on orders.
P - A provided the Canadian subsidiary address, the invoicing and the managing of the collection of funds through the Canadian based sales team. P - A provided the payroll services and HR management and investigated various employee benefits to offer good packages to new employees with comparative salary analysis.
The Sales team communicated to P - A their HR needs. P - A was able to communicate any payroll legislation or HR issues in reference to hiring and terminating employees to the US based HR department.
Scheduled monthly sales and cash flow management reports were provided by the P - A team. P - A was available for conference calls for strategic planning and forecasting.
A branch office was opened in Canada without the huge overhead investment with the hiring of management - accounting staff and the committment of leasing office space to test the Canadian marketplace.
After the trial run proved successful, they were able to open up their branch into Canada with minimal risk.
Testimonial: P - A has won business of the year award through their local Chamber of Commerce and the president was profiled in the Globe and Mail a national newspaper.
No associations
LandOfFree
Penny & Associates Inc. does not yet have a rating. At this time, there are no reviews or comments for this company.
If you have personal experience with Penny & Associates Inc., we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Penny & Associates Inc. will most certainly appreciate the feedback.
Profile ID: LFCA-COD-O-48815