Strategic Financial & Accounting Solutions to Grow Your Business
At Synergy Profits, we know that you are interested in growing your business and not in doing numbers. Trusted by over 100 companies in the Greater Toronto Area and across Canada, our certified accountants provide bookkeeping, accounting, payroll, and insurance services that create profitability and efficiency.
We combine the latest technology with personalized expertise to offer you:
- More time for your business
- Better financial understanding
- Less worries about compliance
- Better cost savings than in-house accounting
The result? You can concentrate on growth, and we’ll take care of the cost burden.
The Hidden Costs of In-House Financial Administration
Most growing businesses unknowingly reduce profitability and productivity by performing bookkeeping & payroll in-house.
Operational Inefficiency
Business owners spend over 20 hours per week on bookkeeping and payroll rather than income-generating activities.
Unnecessary Overhead
Having an in-office accounting staff costs $60,000 or more annually in salaries, benefits, and ongoing education.
Compliance Risks
Frequent tax regulation changes often produce costly compliance risks without diligent oversight.
Missed Opportunities
Failure to receive strategic financial counsel translates into lost tax savings and growth opportunities.
Our Financial Management Solutions
Our integrated full-service solutions provide complete financial transparency and compliance tailored to your business needs.
Smart Accounting & Bookkeeping Solutions
We provide forward-looking financial insights to unveil tax savings and growth opportunities.
- AI-enhanced bookkeeping
- Cloud-based financial dashboards
- Automatic expense tracking and categorization
- Customized financial reports
- Accounts payable & receivable management
- Compliance: GST/HST filing
- Pre-audit preparations and assistance
- Budget planning and forecasting
Seamless Payroll Management
We provide certified payroll processing with assured accuracy and compliance.
- Full-cycle payroll processing
- Government remittances and withholding taxes
- Employee self-service portal
- Integrated benefits administration
- Workers’ compensation (WSIB) reporting
Business Insurance Solutions
We provide your business and employees with total protection
- Individual and group life insurance plans
- Comprehensive dental and health coverage
- Key person insurance
- Annual policy reviews and optimization
- Claims support and advocacy
Virtual CFO Professional
Gain executive-level financial leadership access through fractional CFO services.
- Growth strategy development
- Cash flow optimization
- Performance analysis
- Digital transformation advice
- Funding and growth advice
How We Help Businesses Prosper &
Why Growing Businesses Select Synergy Profits
We’re not your traditional accountant. While others emphasize compliance, we emphasize growth. We blend today’s technology with our people, giving you the best of both in our efficient process. All the worry of managing your finances disappears, and you’re able to grow more.
Our 3-Step Success System:
Rapid Integration
We assess your current processes and implement our proven systems within 48 hours without affecting your operations.
Ongoing Optimization
Periodic business reviews identify industry-specific savings and growth potential.
Active Partnership
We deliver more than numbers; we provide actionable recommendations that fuel profitability and strategic decision-making.
Trusted by
Frequently Asked Questions
Find out more about our services and how your business can benefit.
Most clients are fully set up within one to two weeks. We review your existing records, establish your chart of accounts, and ensure a smooth transition. During this period, we work with you to understand your business processes and preferences.
The salary of the full-time bookkeeper ranges from $45,000 to $65,000 per year, plus benefits, training, and software costs. Our services are typically 40-60% lower in cost, but provide you with access to professionals, advanced software, and accuracy and compliance guarantee.
Yes! Although our office is located in the GTA, we do bookkeeping, accounting, and payroll for all of Canada. Life and health insurance services are also provided across Canada. Much of our work is completed online using secure software.
We are well-versed with QuickBooks, Xero, FreshBooks, and all major accounting software. For payroll purposes, we utilize Ceridian, ADP, SAP, Easypay, and other systems. We'll suggest what is best for your business or work with your current software.
Our standard package solutions include monthly financial reports within 10 business days of the month's end. Quarterly business reviews are also provided, and you can customize the reporting frequency. Your books are available to you in real-time through our client portal at any time.
Industry-Specific Expertise
We don’t just understand accounting; we know your business. Our industry experience enables us to provide solutions tailored to your specific requirements.
- Construction & trades
- Retail stores and e-commerce
- Tech startups
- Healthcare and wellness practices
- Restaurants and hospitality
- Real estate agents and professionals
- Consultants, professional services, and freelancers
