Our services

Payroll Processing Services Israel

In the field of payroll management, we handle all related tasks with precision and efficiency. From data collection to tax payments, we ensure accuracy in every detail. Additionally, we specialize in leading payroll and attendance system implementations from start to finish, guaranteeing seamless workflow optimization. Our comprehensive list of services includes:

  • Monthly payroll management
  • Payroll, time, and attendance systems creation
  • Employee onboarding and offboarding process implementation
  • Collaboration with pension agents to advise on/provide pension plans
  • Reports generation created according to company requirements
  • The submission of monthly and annual reports
  • Practical training in financial systems and finance department workflow optimization and synchronization

 

Global Payroll - Consulting

We create, implement, and manage the global payroll system designed for you based on your company’s needs. Our extensive knowledge of local labor laws and local partners in approximately 30 countries enables us to provide full support for companies wishing to expand globally while managing all payroll tasks through a singular system. Once we analyze and understand your payroll specifications, we can:

  • Establish the processes that will address your global payroll needs
  • Adapt and implement a global salary system such as PAPAYA GLOBAL, DEEL and ADP while ensuring adherence to local labor laws, correct taxation, and company procedures
  • Develop global reports for payroll management that centralizes the various salary costs
  • Recommend relevant pension operations and benefits options based on the local market
  • Build payment processes to ensure payments of wages to employees, relevant authorities, and pension funds
  • Create matching processes with HR systems to streamline operations (e.g. having the same employee and salary data between all systems)

Financial Management/CFO Consulting/Business and Organizational Financial Consulting Services


At SASCO, we specialize in providing top-tier financial management and CFO advisory services, business and organizational consultancy solutions, and expert accounting and financial reporting support, including invaluable guidance throughout the course of your IPO journey.

Financial Management and CFO Consultancy Services

Growing enterprises may not yet be prepared to hire a full-time finance manager or CFO, yet understand it is crucial to develop and implement an efficient financial management strategy. Our seasoned professionals, with extensive experience from various sectors, offer companies tailored, comprehensive solutions to address this need, including:

  • Detailed cash flow management processes
  • Thorough monthly performance analyses
  • Comprehensive examination of the performance and execution of the bookkeeping and finance departments
  • Identification of current and potential future vulnerabilities, providing real-time and proactive solutions
  • Seamless coordination with auditors, legal advisors, and financial institutions

These services are provided by certified accountants with extensive experience as finance managers and CFOs in both private and public sectors.

We offer exceptional financial consulting services, customized to address your company’s unique needs. Recognizing the vital role strategic financial guidance plays throughout a company’s evolution, we skillfully craft a comprehensive project framework which delves into:

  • Unlocking the full potential of your company’s profitability
  • Intensive scrutinization of your business model to optimize performance.
  • Attaining stability for your company in the face of ever-changing market dynamics
  • Strategically leveraging funding to fuel sustainable growth for your business

Our experienced team of financial experts and accountants delivers expertise across various industries, consistently achieving significant savings for our clients.

Our business consulting suite of services is an indispensable resource providing nuanced insights into organizational dynamics. With an unwavering focus on expansion and profit maximization, our offerings encompass:

  • Construction of sophisticated marketing and business development strategies
  • In-depth evaluation of inventory management practices to streamline operations.
  • Expert guidance on all aspects of your organizational information systems, ensuring seamless integration of internal and external systems for enhanced efficiency.
  • Establishing metrics and objectives for departments and managers, with ongoing monitoring to ensure succes
  • Comprehensive evaluation and ongoing assessment of the effectiveness of the organization’s senior executives.
  • Identification of strategic market opportunities to drive your company’s growth forward.

Our seasoned professionals deliver unparalleled expertise and proficiency to provide solutions for every stage of your business evolution.

Finance Department Establishment

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Pension Management and Retirement Planning Services

Proper and timely financial planning for your retirement years is critical. We will work closely with you to map out every aspect of your financial picture, and tailor a plan specifically to meet your personal needs. Your advisor will provide you with a comprehensive retirement strategy and plan, so you have a full understanding of what needs to be done at each stage, and by whom. We will help you to optimize the utilization of your accumulated wealth post-retirement, and ensure seamless transfer of assets to your heirs, when the time comes. With a solid retirement plan, all that will be left for you to do is enjoy your golden years to their fullest!

Our areas of expertise include:

Comprehensive retirement planning: We will develop a financial plan tailored to your and your family’s personal needs, maximizing your benefits.

Taxation and tax benefits: There are tax obligations on your pension funds and savings accumulated for retirement. We can help you navigate this aspect effectively, minimizing your tax burden while utilizing your savings to their fullest for a worry-free retirement.

Future income planning: We will consolidate the pension plans you have accumulated and determine the most effective way to leverage them. Together, we will explore investment opportunities and other various plans, ensuring your income will remain steady and allow you to maintain your desired standard of living.

Personalized management of financial assets: Our deep understanding of the principles of life expectancy affords us the flexibility to strategically allocate your financial assets. We strike the right balance between identifying both stable investments and more adventurous paths, offering the potential for greater long-term returns.

Intergenerational transfer of wealth: When navigating the transfer of wealth to the next generation, there are many questions to answer. How do you best safeguard your inheritance for the next generation? Which plan will serve your goals? What are the tax implications on the assets transferred? We will preserve the economic value of your accumulated assets and facilitate their seamless transfer to your heirs, providing you with peace of mind for the future.

Mapping pension savings products and investment products: We carefully analyze all your pension and financial assets to supply you with a comprehensive retirement forecast. We have the knowledge and expertise needed to differentiate between financial savings available for lump-sum withdrawals and those suitable for annuity conversion, ensuring a secure and fulfilling future.

Finance Team Support Solutions

In today’s dynamic world, finance teams often need additional support due to organizational changes, business growth, and unexpected events which may result in staffing shortages. We provide payroll and finance teams with customized solutions which provide the reinforcements required by:

  • Helping existing teams with payroll, accounting, and finance-related tasks
  • Providing additional training for existing staff to enable them to provide temporary assistance where necessary
  • Securing staff replacements for unplanned leave, maternity leave, and other absences
  • Coordinating the processes among the HR team ⇄ Payroll team ⇄ Accounting team ⇄ Company Controller → so the management be able to receive the monthly/annual report on time with minimal corrections

IT Support Services

IT and information security consulting and solutions

Our computing and information security consulting services allow our experienced specialists to analyze and optimize computer systems and security measures, identifying and resolving breaches, and implementing advanced security technologies. We streamline organizational workflows through hardware and software upgrades, including cloud-based solutions and smart technologies. Our experts assist with the planning and execution of backup and data recovery processes, ensuring efficient data protection.

IP-based communications solutions

Our communication experts provide the best options for IP-based communication and telephony infrastructure for your company, while aiding in planning, implementation, and system management. We help you to select suitable equipment and technologies, including VoIP and Geo/Call protocols for internet-based calls. Additionally, we offer expertise in meeting room setup and virtual meeting platforms such as Zoom and Google Meet, from equipment selection to system implementation and software support.

Office relocation communications and technology transfer

When transitioning to a new office, the smooth transfer of communication and technology is critical. Our team guarantees the proper and secure relocation of all systems and hardware, ensuring an efficient and disruption-free transition.

Several stages are involved in this process: transferring the computing system:

Stage 1: All existing systems are analyzed to determine that the current setup meets the requirements of the new office space.

Stage 2: A detailed plan including order of operations, timing, and responsibilities of each team involved in the transfer is laid out.

Stage 3: The relevant infrastructure (e.g. servers, computers, phones, etc.) in the new space is modified as needed.

Stage 4: The functionality and validity of the systems and installations in the new office is tested to ensure everything will work properly once the transfer is completed.

Stage 5: All equipment is transferred to the new office space. To prevent damage to the equipment, the transfer must be conducted safely and hygienically.

Stage 6: Verification that all systems and installations have been successfully installed and are functioning properly takes place. Once this takes place, appropriate settings and configuration changes are made and tests are conducted to ensure all systems are working as they should.

Stage 7: The staff is trained in the new systems.

Stage 8: Any necessary adjustments are made. The operation of the systems is then monitored for a certain amount of time to ensure everything is working smoothly.