| TRUST & COMPANY MANAGEMENT BACK OFFICE SERVICES |
Amicorp Trust & Company Management Back-office Services offers a comprehensive solution for the back-office activities related to trusts and other entities incorporated in a variety of jurisdictions. This solution can be customized to fit specific client needs, e.g., from providing straight-forward trust accounting services (including underlying entities) to outsourcing all (or part of) trust and company management related back-office operations in an effective and economic way to enable trust providers to focus on their core value-adding activities. |
| |
The back-office activities included in Amicorp’s Trust & Company Management Back-office Services include day-to-day internal activities (such as internal administration, management reporting, time registration, and billing and collection activities), as well as commercial activities (such as compliance, accounting, tax and legal support). |
| |
Amicorp provides a combination of back-office services to support trust providers in their day-to-day operations. |
| |
| These services are rendered at two levels: |
Level 1 :
Client level (meaning you as a trust and company management service provider) – these services are aimed at supporting your day-to-day internal activities: |
- Internal administration, including bookkeeping and treasury
- Management reporting for business/employee performance evaluation, budgeting, etc.
- Time registration, including the set-up, configuration and training related to a specifically customized ERP package (Maconomy)
- Billing and collection services for all services rendered to your client entities, including the preparation and sending of invoices and reminders, and collection activities
|
Level 2 :
Customer level (meaning the clients you service) – these services are aimed at supporting your day-to-day commercial activities: |
- Compliance services, including initial screening of new clients and the annual compliance reviews to confirm each entity’s good standing
- Accounting and tax services specifically for trusts and underlying entities. These services can be rendered in white label format
- Legal support services, including the preparation of draft legal documents and government filing forms. In jurisdictions where we have our own representative office, we can also assist in the actual filing of the government forms
|
To facilitate the delivery of these services by our BPO team, we offer licensing, set up, and training for supporting systems for client relationship management, time registration, billing and bookkeeping. The result is a significant cost reduction due to higher efficiency and less time spent in these non-core processes. |
| |
| Click here to view the chart |
