To reduce the pressure on their small team, DEAL engaged Carbon for their payroll management and financial obligations
Developing East Arnhem Ltd. (DEAL) is a not-profit development body established in November 2014 to act as the front door to the East Arnhem Land region for industry and business. They facilitate connections between private enterprise, industry, community and government agencies to support economic diversification and growth in the region for the benefit of the regional population.
DEAL support business in the region in numerous ways including but not limited to:
The processing of DEAL's invoices, grant and financial record management and reconciliation of their bank accounts was previously jointly managed by the executive assistant and the CEO; a lot of additional and unnecessary pressure on a small team. Carbon were initially engaged as DEAL’s payroll specialists. DEAL also engaged Carbon Accounting for the preparation of fringe benefits tax return. In February 2018, DEAL upgraded their package to also include the diamond bookkeeping package to improve the management of their invoice processing and recording.
DEAL is a small organisation with only three staff members. Being a not-for-profit, their financial requirements are complex and managing those themselves was diverting resources from their core business.
"Our financial management reports are always produced accurately and provided on time. Thanks Carbon!"
"The previous system we were utilising detracted from our core business, taking a long time to process each week. There was also a greater margin for errors to occur."