Cognet CogNet can provide a holistic approach to transition most of a payroll, Benefits, Tax, Accounting process or we can help you focus on a single piece that adds the most value.

Your Team

  • Client Profitability
  • Client GL File Setup
  • Find Cash in Recons
  • Treasury Management
  • Risk Management

Our Team

  • Bank Reconciliation
  • Accounts Payable
  • Accounts Receivable
  • Journal Entries
  • Garnishments
  • Statements & Reports
  • Close Preparation
  • Tax Reconciliation
  • Expense Reports
  • Account Analysis

Necessary Tasks

Finance and Accounting

  • Bank Account Reconciliation
  • Reconcile Payroll Tax System to General Ledger
  • Accounts Payable Entry and Payments
  • Accounts Receivable Monitoring and Analysis
  • Journal Entry Input and Preparation
  • Maintain Ledger Account Master Files
  • Trial Balance Creation and Balancing
  • Financial Reporting Packages
  • Management Book Preparation
  • Process Expense Reports
  • Imports and Exports from/to General Ledger
  • New Hire Processing to States
  • Audit Schedule Preparation

"As a CFO I am well aware that we are a necessary evil in most companies, but in a PEO that is magnified as proper corporate Risk Management and managing a portfolio of customers and profit centers is hard to do while also performing the manual labor that is Accounting. Cognet came in and did a free evaluation and process documentation of our group and brought to light the difference between high value add like a Client Profitability Report and necessary tasks such as a Bank Reconciliation. I certainly would rather be focused on managing the risks of a complex business than entering Accounts Payable transactions. We separated the necessary from those that mattered most, and our staff was not only more impactful, but also much happier in their jobs so the stayed longer. Finance and Accounting is not normally measured, but thanks to Cognet we know that we reduced the cost of our operation by over 30 percent and became much more focused on helping our management team manage the business." - Mike, CFO of a PEO

Case Study Facts

  • Finance & Accounting staff in a PEO has many tasks (Treasury, Close, Invoicing, Analysis etc.)
  • Focus is on the transactions, not the value-add of Client Profitability or Risk Management
  • Average salary of a Staff Accountant is realistically $60,000 or more plus benefits, taxes and overhead.
  • If you move AP, AR, Bank Reconciliation, Tax Management, New Hire Reporting and all the Excel work to Cognet you save 77 percent, per Employee and get to shine in Board meetings…

Get your Cost of Process Assessment

Whether you are a payroll bureau or a one-stop shop we have a solution for you. CogNet can provide a holistic approach to transition most of a payroll process or we can help you focus on a single piece that adds the most value.

We allow you to focus on sales and customer service by taking over necessary but repetitive parts of the payroll process.

5/5 based on 351 reviews Cognet
Address: 37 N. Orange Ave. # 500, Florida, US 32801
Address: 32 MTH Road,Ambattur Industrial Estate, Chennai,TamilNadu India 600 098

Keep in Touch With Us

US Office
37 N. Orange Ave. # 500,
Orlando, Florida 32801

US Phone: 1-888-800-3719
US Fax: 1-866-234-2335
India Office
32 MTH Road,
Ambattur Industrial Estate,
Chennai - 600 098,
TamilNadu, India.

Phone: +91 44 49012970

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