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   <title>Baker Tilly Supports Growing U.S. Life Sciences Subsidiary</title>
   <pubDate>Tue, 25 Aug 2026 13:33:00 +0200</pubDate>
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   <dc:creator>Debashish Mukherjee</dc:creator>
   <dc:subject><![CDATA[Companies]]></dc:subject>
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      <img src="https://www.dailycsr.com/photo/art/default/97806448-68082046.jpg?v=1787657831" alt="Baker Tilly Supports Growing U.S. Life Sciences Subsidiary" title="Baker Tilly Supports Growing U.S. Life Sciences Subsidiary" />
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      <h3 style="text-align:justify;text-justify:inter-ideograph">Client background<o:p></o:p></h3>    <p style="text-align:justify;text-justify:inter-ideograph">The client is the U.S. arm of a global life sciences company that supplies scientific instruments to pharmaceutical firms, biotechnology companies, and research organizations. As its U.S. presence grew, the subsidiary needed a dependable back-office framework that could support expansion while also satisfying the financial reporting expectations of its international parent.<o:p></o:p> <br />    <h3 style="text-align:justify;text-justify:inter-ideograph">Business need and challenge<o:p></o:p></h3>    <p style="text-align:justify;text-justify:inter-ideograph">Although the U.S. operation was expanding, it did not have an in-house finance team. Rather than coordinating multiple providers for accounting, human resources, payroll, and tax, company leadership sought a single partner capable of managing these interconnected functions.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">A key priority was to establish dependable accounting operations, improve the month-end closing process, and address U.S. tax requirements. The solution also needed to be flexible enough to support future expansion without requiring the immediate creation of a large internal finance department.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">The absence of dedicated finance personnel presented challenges for both daily operations and financial reporting. The subsidiary required standardized accounting practices and a more organized close process to ensure that reliable financial information could be provided to its international parent.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">In parallel, the company needed to address HR and payroll administration as well as its U.S. tax responsibilities. Without an integrated approach, these activities risked becoming increasingly fragmented as the business expanded.<o:p></o:p> <br />    <h3 style="text-align:justify;text-justify:inter-ideograph">Baker Tilly's approach<o:p></o:p></h3>    <p style="text-align:justify;text-justify:inter-ideograph">Baker Tilly assembled a multidisciplinary team comprising accounting, HR and payroll, and tax specialists. Working alongside company leadership, the team refined existing procedures, established consistent accounting workflows, and implemented a more structured month-end closing process.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">The firm also advised the subsidiary on U.S. tax matters and introduced proactive tax-planning measures. By bringing accounting, HR, payroll, and tax expertise together under a single managed services arrangement, the company gained coordinated support across critical back-office functions.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">The model was structured to address immediate operational requirements while establishing processes capable of supporting continued growth in the U.S. market.<o:p></o:p> <br />    <h3 style="text-align:justify;text-justify:inter-ideograph">Results<o:p></o:p></h3>    <p style="text-align:justify;text-justify:inter-ideograph">Baker Tilly helped establish consistent daily accounting procedures and a formalized month-end close process, enabling the subsidiary to provide reliable financial information to its international parent company.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">The integrated engagement additionally delivered HR and payroll assistance along with proactive U.S. tax planning. Collectively, these capabilities provided the subsidiary with a more reliable and scalable back-office infrastructure.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">No verified quantitative data on improvements or financial savings is available. Therefore, the results are described in qualitative terms rather than supplemented with unsupported estimates, percentages, or performance figures.<o:p></o:p> <br />    <p style="text-align:justify;text-justify:inter-ideograph">As life sciences companies expand, their administrative and financial infrastructure must evolve alongside their operations. Baker Tilly's <a class="link" href="https://www.bakertilly.com/services/outsourcing-and-managed-services?utm_source=chatgpt.com">Managed Services</a>  combines accounting, HR, payroll, and tax expertise to help growing organizations establish consistent processes, strengthen coordination, and build a back-office platform capable of supporting future expansion.<o:p></o:p> <br />  
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   <title>Streamlined HR and Payroll Solutions for Oil &amp; Gas Service Companies</title>
   <pubDate>Mon, 17 Nov 2025 05:35:00 +0100</pubDate>
   <dc:language>us</dc:language>
   <dc:creator>Debashish Mukherjee</dc:creator>
   <dc:subject><![CDATA[Companies]]></dc:subject>
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      <div style="text-align: justify;">Our client is a company that provides quality assurance, quality control, and management services within the oil and gas sector, working primarily throughout the Appalachian region and along the East Coast. With more than three decades of combined industry experience, the owners are dedicated to supplying dependable, experienced inspectors their customers can trust. They emphasize integrity, safety, and quality in every aspect of their operations. While most of their workforce is deployed in the field, they maintain a central office to support administrative functions. <br />   <br />  <strong>Business challenge</strong> <br />  The client initially partnered with Baker Tilly by engaging our outsourced accounting, tax, and benefits administration teams. These teams handled payroll processing, Affordable Care Act (ACA) compliance, Equal Employment Opportunity Commission (EEOC) reporting, and several other support services. <br />   <br />  Their main objective was to cut down the time spent on manual payroll and HR tasks while staying compliant with all relevant regulations. Their internal team was completing daily and weekly manual processes to keep operations moving and to supply documentation to service providers. When the accounting team brought in the outsourced HR group, it became clear that automation and system integration could significantly streamline their operations. The additional HR support would also strengthen regulatory compliance and simplify the complexities of managing local tax jurisdictions and withholdings for employees working across multiple locations. <br />   <br />  <strong>Results</strong> <br />  With Baker Tilly’s outsourced HR and payroll support, the client achieved full compliance with federal, state, and local payroll tax requirements. Payroll processing time was reduced to a bi-weekly review lasting less than 30 minutes, compared to the hours once needed. ACA reporting was cut down to a quick annual review rather than several days of work. The client also benefited from guidance on employee relations matters, helping reduce the likelihood of potential legal issues. <br />   <br />  Freed from time-consuming operational tasks, the business owners were able to shift their attention to long-term growth initiatives. This improved efficiency ultimately allowed them to establish a new, separate entity. By implementing the same HR and payroll automations used in the original company, the new business also started with integrated, compliant systems that made tracking, reporting, and ongoing management much easier. <br />   <br />  <strong>Baker Tilly solution</strong> <br />  The outsourced HR and payroll team introduced customized tools, including a tailored time-tracking system capable of managing employees who work for different clients in various states, often at different pay rates. The system automatically loads the appropriate customer, state, and rate information for each employee to streamline time entry and reduce errors. Working closely with the accounting team, they also integrated ADP Workforce Now with QuickBooks Online, ensuring smooth data flow and consistent compliance. <br />   <br />  Regular check-ins between the client and Baker Tilly’s outsourced HR and payroll teams ensure that policies and processes evolve as the business continues to grow, maintaining compliance at all levels. <br />   <br />  <strong>How we can help</strong> <br />  As a business owner or leader, you make countless decisions every day—managing back-office operations shouldn’t have to be one of them. Baker Tilly Advantage is designed to free you from the complexities of accounting, tax, HR, and payroll. Partner with a top 10 accounting and advisory firm whose scalable services can support your growth at every stage. <br />   <br />  Click <a href="https://connect.bakertilly.com/contactadvantage?utm_source=3BL&amp;utm_medium=Media+insight&amp;utm_campaign=PR-Streamlining+success">here</a> to get in touch with a Baker Tilly specialist.</div>  
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