Did you know that late payroll processing can have significant repercussions on both employers AND the employees who are being paid late? Not only does delayed payment diminish employee satisfaction, but it also triggers a chain reaction of adverse impacts, including operational integrity, financial stability, erosion of a trust culture, and non-compliance. This article by the expert Outsourced Payroll team at Dexterous Group aims to help employers understand and mitigate these impacts and safeguard the integrity and success of their enterprises. 1. The Financial Consequences of Late ..read more

Running a business in Australia comes with many legal obligations when it comes to paying your employees. One common area of confusion is around awards – do I need to pay my staff under an award? If so, how do I know which award applies? Getting this wrong can lead to serious consequences, so it’s crucial for all employers to understand their payroll obligations and responsibilities. Read on if you want to get it right… After reading this article you will… Understand what awards are and which employees they cover Know how to determine the right award(s) for your business Be aware of the key e ..read more

Payroll is the heartbeat of any organisation. It’s the essential process that ensures your employees receive accurate and timely compensation for their hard work. However, as important as Payroll is to your business, managing Payroll can be a tedious and time-consuming task – especially considering Australia has one of the most complex Payroll and taxation systems in the world. A lapse in Payroll management can lead to serious legal and financial consequences, not to mention significant damage to the reputation of your business. It is imperative for all businesses, big or small, to handle thei ..read more

When it comes to finance, two terms are often confused – Business Finance and Financial Management – each of which is key to long-term business success and sustainable growth. Although on the surface these terms may seem interchangeable, they are quite distinct in terms of the roles they play in the corporate landscape. On one hand, Financial Management is the strategic handling of a company’s monetary resources designed to bring about business growth.  On the other hand, Business Finance involves the borrowing and allocation of funds to support business operations. But there’s a lot more ..read more

We’re thrilled to unveil an exciting new chapter in Dexterous’ journey with the unveiling of our new brand set for January 2024.  Grounded in a commitment to enhancing the experiences of growing companies and their finance departments, this evolution signifies an important step forward in our approach. With a new style and sophistication that will be displayed across all of our touchpoints including our website, brand communications, social media pages and more, we have captured our unwavering commitment to excellence and progress. Here’s a little more about how and why Dexterous’ bran ..read more

As companies strive for growth and inevitably evolve, their needs... The post 8 Signs That You’ve Outgrown Your Current Accounting or Finance Department appeared first on Dexterous Group Accounting | Sydney Accountants ..read more

As the year winds down and the festive season fast... The post 7 Tips to Survive Cash Flow Issues in the December-January Season appeared first on Dexterous Group Accounting | Sydney Accountants ..read more

Incentives and bonuses are top of mind for many business... The post Incentives and Bonuses: Are You Promoting Behaviour That’s Stunting Your Business Growth? appeared first on Dexterous Group Accounting | Sydney Accountants ..read more

If you’re at the helm of a business, you appreciate... The post Are cash flow challenges today stunting your business growth tomorrow? appeared first on Dexterous Group Accounting | Sydney Accountants ..read more

In a remarkable testament to the dedication and expertise of... The post Dexterous Group Nominated for Australian CFO Awards appeared first on Dexterous Group Accounting | Sydney Accountants ..read more