{"id":1747,"date":"2025-05-08T03:02:31","date_gmt":"2025-05-08T03:02:31","guid":{"rendered":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/?post_type=newe&#038;p=1747"},"modified":"2025-05-08T03:02:31","modified_gmt":"2025-05-08T03:02:31","slug":"the-hybrid-bookkeeping-model-the-new-way-forward","status":"publish","type":"newe","link":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/newe\/the-hybrid-bookkeeping-model-the-new-way-forward\/","title":{"rendered":"The Hybrid Bookkeeping Model: The New Way Forward"},"content":{"rendered":"<h5>About the Client<\/h5>\n<p>The RHT Group of Companies is part of ONERHT Universe \u2013 an integrated multidisciplinary platform of professional services. Collaborating as ONE, they seek to be a beacon of growth for their clients, stakeholders and communities, empowering them to achieve purposeful growth in Asia and beyond.<\/p>\n<h5>Rapidly Changing Business Requirements<\/h5>\n<p>As the RHT Group of Companies operates more than 30 entities of different sizes and statuses, the shared service centre adopts a hybrid model. The organisation employs in-house accountants to handle regular bookkeeping tasks, and supplements its internal capabilities by collaborating with fixed outsourced service providers.<\/p>\n<p>However, in April, some of their entities needed ad hoc assistance to compile certain financial information to support an on-going project.<\/p>\n<p>\u201cThis exercise required us to compile financial data for the project team, so it needs a certain level of skill set and understanding of accounting principles before the exercise can be carried out. Our existing vendors were unable to support us, so we ventured out to establish new working relationships,\u201d explains Mr Yun Chee Keen, the Group Chief Financial Officer of RHT Group of Companies.<\/p>\n<p>This was where Advenz came in. Through the introduction of trusted auditors, Chee Keen connected with Jaslin Lau (Managing Partner of Advenz), and quickly established a collaborative working relationship.<\/p>\n","protected":false},"author":1,"featured_media":1748,"comment_status":"open","ping_status":"closed","template":"","class_list":["post-1747","newe","type-newe","status-publish","has-post-thumbnail","hentry","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/wp-json\/wp\/v2\/newe\/1747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/wp-json\/wp\/v2\/newe"}],"about":[{"href":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/wp-json\/wp\/v2\/types\/newe"}],"author":[{"embeddable":true,"href":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/wp-json\/wp\/v2\/comments?post=1747"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/wp-json\/wp\/v2\/media\/1748"}],"wp:attachment":[{"href":"https:\/\/beta.strixdevelopment.net\/ashleigh-baker\/wp-json\/wp\/v2\/media?parent=1747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}