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Blog

Thoughts from the world of accounting, payroll and business process outsourcing written by experts.

Reporting and disclosure errors — The experience of an accounting service provider in Hungary

25-04-2022 Accounting Hungary

Published company accounts are one of the sources of information that market participants – interested in a company –  can use to find out more about it. It therefore goes without saying why it is of major importance that published accounts give a true and fair view of the company. However, there may be errors detected after publication which may distort the true picture to a greater or lesser extent

Knowledge sharing as a strategic building block for firm development in the era of digital transformation

22-04-2022 Outsourcing Hungary

As a leading accounting and payroll service provider company, Process Solutions’ primary and most important resource is the knowledge and experience of its experts, so the more successful we are in delivering our ‘people development’ programmes, the more competitive advantage we can gain in the marketplace.

PS In-Voice Part-1 – Accounting automation is constantly evolving, but human resources will be needed for a long time

07-04-2022 Accounting Hungary
This is PS In-Voice, the podcast series of Process Solutions. Discussions with PS experts on accounting issues, topical issues, professional and technological challenges. Our team has been working on projects to implement accounting automation for years. Although the technology is developing rapidly, we predict that human resources will be needed in the field for a long time to come. Today’s guest is Attila Sólyom, process expert for PS, and we will discuss automation and the future of accounting.

Hiring employees in Czechia – 8 basic rules

17-09-2021 Payroll Czech Republic

Labour legislation across Central European region is fairly similar. Although you may have lots of experience from other countries, it is still worth asking the right questions before rushing into hiring employees in Czechia.

Setting up business in Czechia – The basics

02-07-2021 Accounting Czech Republic

No ‘Doing Business Guide’ can help you fully navigate for your particular situation and timing. It is worth reading a few guides and then collaborating with the right partners for business. Feel free to use the below to confirm your checklist is complete and compare answers with other sources. Contact us for a free of charge initial consultation.

7 Basics of Czech employee holiday entitlement

11-06-2021 Payroll Czech Republic

Ever wondered about rules for entitlement and consumption of holidays of your Czech employees in various situations? The rules are far from simple. Enjoy reading the summary, get an idea of the rules and prevent surprises.