Business Details
37 Years
experience
Comprehensive Accounting & Warehousing Solutions
Founded in 1989, Palma Settimi Inc. has established itself as a trusted partner for businesses seeking comprehensive accounting and warehousing solutions. Our team of seasoned professionals delivers tailored services that enhance operational efficiency and financial stability. With expertise in accounts receivable management, payroll processing, and inventory control, we empower clients to focus on growth while we handle complex administrative tasks. Our commitment to integrity and transparency fosters long-term relationships built on mutual trust. We pride ourselves on adapting to evolving industry standards while maintaining personalized service.Our 20,000-square-foot facility in Brewster, NY, supports seamless logistics operations for domestic and international clients. Through decades of experience, we've developed methodologies that optimize cash flow and reduce financial risk. Our bilingual capabilities and global perspective enable effective collaboration with businesses across borders. We invest in continuous staff development to ensure our team remains at the forefront of industry best practices. This dedication to excellence has made us a preferred outsourcing partner for companies in diverse sectors.
Services
Accounts Receivable
Collections
Accounting
Bookkeeping
Warehousing
Inventory Control
Payroll Processing
Retail Management
Corporate Formation
Financial Reporting
Details
- Year established: 1989
Highlights and features
- Over 28 years of experience in accounts receivable management
- Certified professionals with extensive industry knowledge
- Customized solutions for domestic and international businesses
- 20,000-square-foot facility with advanced inventory control systems
- Proven track record in improving client cash flow by 73%
Services
Accounts Receivable
Our accounts receivable management service helps businesses improve cash flow through systematic collections processes. We handle credit checks, invoice distribution, and collection calls while providing detailed reporting. Our specialists ensure timely payments through daily deposits and chargeback reconciliation.
Warehousing
We offer comprehensive warehousing solutions with 20,000 square feet of secure storage space. Our services include inventory management, order fulfillment, and shipping coordination. Trained staff ensures accurate receiving, picking, packing, and invoicing for retail and wholesale clients.
Payroll Processing
Our payroll services handle all aspects of employee compensation including direct deposits, tax payments, and benefits administration. We ensure compliance with regulatory requirements while maintaining accurate records for quarterly tax filings and year-end reporting.
Retail Management
We provide end-to-end retail management support from site selection to daily operations. Our services include financial reporting, inventory valuation, cash flow analysis, and staff training. We help businesses maintain accurate accounting records and optimize store performance.
Corporate Formation
We assist international companies establishing US operations through corporation formation services. Our experts guide clients through entity selection, documentation preparation, and compliance requirements to facilitate market entry and legal business operations in the United States.
People
Palma Settimi
Founder and President
With 30 years of experience, Ms. Settimi leads the company's strategic direction. She holds an MBA from Iona College and has guided numerous businesses through growth phases. Fluent in Italian, she specializes in international business operations.
Michelle Gioffre
Certified Public Accountant
CPA with 18 years of experience in accounting and retail development. Graduated from Pace University with a BBA. Specializes in financial management and has overseen openings of over 30 retail stores across the US.
Joe Vuolo
Accounts Receivable Manager
1997 graduate of Fordham University with over 25 years in accounts receivable management. Expert in credit evaluation, collections, and department store payment negotiations for US and Canadian clients.
Joe Forcelli
Warehousing Director
20+ years logistics expert specializing in luxury apparel distribution. Holds degree in English and Communications. Oversees shipping operations ensuring timely, accurate deliveries for major international clients.
Questions
What accounting services do you offer?
We provide full-cycle accounting services including accounts payable/receivable, payroll processing, financial reporting, tax preparation, and cash flow management tailored to business needs.
How does your warehousing service work?
Our 20,000 sq ft facility handles inventory storage, order fulfillment, and shipping coordination. We offer EDI integration, tradeshows support, and trained staff for efficient logistics operations.
Can you help international companies establish US operations?
Yes, we assist with US corporation formation, entity selection, and compliance requirements. Our 20 years of experience helps international businesses navigate legal and operational challenges.
What are the benefits of outsourcing accounting?
Outsourcing reduces costs by 30-50%, improves efficiency through expert management, minimizes errors, provides timely financial reports, and allows businesses to focus on core operations.
How do you handle collections differently?
Our proven methodology increases cash flow by 73% through systematic credit checks, daily deposits, chargeback resolution, and weekly/monthly reporting to maintain optimal receivables.
