Overseas expansion requires more than just setup and initial implementation. Your operations will require ongoing support to operate in-country; HSP makes this easy by including recurring services as part of the HSP Overseas Direct technology-enabled bundle. Payroll, vendor payment, expense reimbursement, cash management, local bookkeeping, and completion of the monthly reporting package are all included for a flat monthly fee. Monthly reporting packages include balance sheet, P&L, trial balance, G/L transaction detail, cash and other account reconciliations and, if applicable, an inter-company service invoice. Fees are based on the number of employees in each country. All HSP Overseas Direct customers receive two user licenses for HSP OverseasConnect®, HSP’s cloud-based application for simplifying the management and control of international operations.