EMEnRose Magazine

OnCentive Announces Employee Retention Credit Funding Partnership to Accelerate Clients' Payments
OnCentive Clients Can Receive COVID-19 Employee Retention Credit Within Weeks Versus Months

The nation's leading profitability consulting firm, OnCentive, announced today the ability to fund clients' COVID-19 Employee Retention Credit (ERC), helping businesses secure a much-needed infusion of cash flow without waiting on the Internal Revenue Service. 

Through a newly secured funding partner, OnCentive will qualify, calculate, file, and fund clients' COVID-19 Employee Retention Credits within weeks, forgoing the typical eight-to-nine-month turnaround IRS times. 

"We constantly strive to generate new profitability solutions for our clients and partners," said Shannon Scott, OnCentive's CEO. "This credit was passed to assist the recovery of small businesses and unfortunately, the delays in processing the payments have stifled some of that recovery. Reducing payment waiting from months to weeks for our clients will be a game changer." 

Originally established by the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), the ERC assists businesses struggling from the pandemic with a refundable tax credit of up to $26,000 per W-2 employee for 2020 & 2021. Businesses of various sizes and industries can take advantage of this opportunity, but delays caused by various factors led to an unprecedented amount of unprocessed tax returns causing employers to experience delays of 8 months to almost a year in receiving their refunds.

If your business has not claimed the ERC or has been told that you do not meet the requirements, contact OnCentive for a risk-free assessment. The Qualifications Team at OnCentive goes beyond the surface-level metrics and digs into the impact the pandemic had on your business's processes, supply chain, and inner workings to determine & calculate eligibility for ERC and other lucrative tax credits. 

"If you haven't already looked into the ERC for your business, now is the time," stated Scott. "Many organizations are still feeling impacts from the pandemic and have struggled to recover. Through our new funding partnership, companies can now quickly capitalize on the ERC, without having to play the IRS waiting game, and put those much-needed funds back into their business."

About OnCentive 

Leveraging their leaderships' 100 years of combined credit expertise and their state-of-the-art custom technology, OnCentive helps businesses maximize government incentives and tax credits. OnCentive has helped their clients capture over $2 billion in government incentives & recovery programs.

Contact

Vanessa Tyndall

[email protected]

John Galt Solutions, automating supply chain planning to empower business leaders to make better decisions faster, announces that SupplyChainBrain has named John Galt Solutions a 2022 Great Supply Chain Partner. The annual list, now in its 20^th edition, recognizes a select group of companies based on end-user nominations. 

To qualify for SupplyChainBrain's much-admired annual list of 100 Great Supply Chain Partners, service providers must be selected directly by their customers and supply chain professionals. Across a six-month period, participants are asked to nominate vendors and service providers whose solutions have made a significant impact on their company's efficiency, customer service and overall supply chain performance. John Galt Solutions has again been recognized for delivering innovative supply chain management software and outstanding customer service.

"It is an honor to be recognized once again by our customers for helping them transform today's significant challenges into opportunities for profitable growth," said Matt Hoffman, vice president of customer success at John Galt Solutions. "The role of the supply chain continues to grow in importance, and the last few years have demonstrated just how critical supply chain is and how interconnected we all are. Companies around the world have turned to John Galt Solutions to drive innovation across supply chain, automate routine processes, and augment human decision making."  

John Galt Solutions features in the 2022 August issue, 100 Great Supply Chain Partners, as an honored member of this year's 100 Great Supply Chain Partners. 

About John Galt Solutions 

More than ever, companies must be able to sense and respond to the dynamics of complex global supply chain performance, seize new opportunities, reduce costs, and drive profitability. John Galt's Atlas Planning Platform provides a comprehensive end-to-end supply chain planning solution with advanced analytics and machine learning to automate planning, break down business silos and deliver greater visibility. Atlas Planning, a SaaS-based platform, transforms S&OP processes; demand, inventory, and replenishment; supply and inventory optimization; manufacturing planning and scheduling; financial budget and sales forecasting. We partner closely with companies such as MARS, Continental Tire, Milwaukee Tool, Deschutes Brewery, Organic Valley, Netgear, and Civica to empower planners to make better and faster decisions with greater confidence. To learn how John Galt Solutions can help you improve supply chain performance, visit www.johngalt.com.