ACTOMATE
EMPLOYEE BENEFITS PRACTICE
We provide employee benefits accounting under the International Financial Reporting Standards (IFRS).
We assist with actuarial valuations for accounting purposes of retirement and other long-term benefit plans including pension, gratuity (end of service benefits), annuity, long service benefits, post-retirement medical benefits and flexible benefits in Asia.
Our most notable clients are from Singapore, Malaysia and Cambodia, hence, we are familiar with local reporting regulations and requirements of respective countries. Valuation performed using the Projected Unit Credit (PUC) method as required by the IAS 19 Employee Benefits.
We are also familiar with the seniority payment calculation required by the Prakas 443 on Senior Indemnity in Cambodia.
Top-of-the-line IFRS financial reporting solution developed using sound actuarial methodologies for IFRS 17 accounting, rigorously tested and documented in a user-friendly way.
Supported by our team of experts in the IFRS 17 financial reporting, actuarial and technology domains.
Our solution can be deployed on the cloud or on-premise to cater for your IT security preferences.

Define
User define data and parameters with our user-friendly interfaces.

Analyze
PAA Robot performs data analysis, outlining all steps for audit purposes.

Report
Customizable reports which are available for download immediately.
Fully Automated
One-click IFRS 17 reporting that is immediately available for you after a run.
Ultimate Flexibility
Our solution is designed to work for you, tailored to suit your business requirements.
User-Friendly
User-friendly interface, downloadable IFRS 17 reports at any level of granularity.
Cost-Effective
Our solution is designed to help you save costs by making financial reporting simple.