PTL Group’s outsourced Financial Management solutions provide a comprehensive range of financial services to small and medium sized multinational companies developing their business in China. One of the PTL Group’s key differentiators is our focus on creating checks and balances on our client’s local management. At the same time we offer the necessary management resources and facilitating power to make highly competitive and improved offering to their customers.
We believe in transparency and the necessity of our clients to share our knowledge in the Chinese financial environment in details.
Our principal services are:
Accounts Receivables Collection & Credit Management
PTL Group’s track record proves that credit can be used safely in China. We have an impressive record of controlling the credit of hundreds of local clients that buy goods directly from our local warehouses in local currency and open credit terms. We understand the realities of Chinese commercial practices and guide our clients how to control their operations successfully.
Credibility Checks
Running reference checks on new potential customers or partners verifying as much information as possible before the deal is struck.
Facilitating Local Currency Sales Contracts (RMB invoicing)
PTL Group facilitates contracts between foreign clients and local customers. Acting as resellers (4PL) or collection agents, we provide invoicing in local currency, execution, collection and follow-up including aging reports, credit control and more.
Financial management, budget planning and control
We act as your in-house Financial Director, Financial Controller or Accountant. In PTL Group we believe in transparency. We conduct periodical reports, reviews of business deals and negotiations, for all of our clients. PTL Group controls and monitors budgets and expenses of local staff. It also collects the payments, plans cash-flow of your local activities, covers the operational expenses and transfers the funds back to you. We do our utmost to comply with your corporate reporting timetable and ERP requirements.
Preparation of management information
Preparing all management information required, ensuring it is available on-line and/or in hard copy format. PTL Group’s financial team has the experience to set up full ERP infrastructures based on your company’s needs. We do our utmost to ensure that all such information is analyzed and highlight the key issues. We take over cash-flow forecasting for our clients as well.
Tax planning and compliance
PTL Group’s financial team represents its clients and supports them when dealing with local tax audits and relevant government relations.
Special projects
We will help you with other special projects as required. Recent projects have included the upgrading of management information systems, assisting with the acquisition of another business and reviewing the cost-effectiveness of a company in China. We also handled tax negotiations when closing companies or reducing tax fines.
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PTL Group today to find out how to reduce your financial risks during the penetration in China markets. |
