Hiring and retaining skilled talent has become an increasing challenge with a shrinking labour market. If you’re struggling to get by with a staff of generalists or find it difficult to keep pace with technology advances, outsourcing can be a cost-effective solution.
Outsourcing enables organizations to scale resources up and down as needed with no obligation to pay salaries or benefit costs. Additionally, it alleviates the burden of hiring, training and maintaining staff.
Whether you need resources with experience in complex financial, accounting or technology compliance and regulations, our business process outsourcing professionals can help. You will gain efficiency, flexibility, and the capacity to become more strategic and grow the business.
We provide outsourcing services in the following areas of business:
If you do not have a CFO or it is possible that your company CFO is handling multiple projects at the same time. This can put immense pressure on your existing CFO, who may find it increasingly difficult to do justice to all the projects. Instead of spreading your CFO too thin, get him/her some help from us. We will deploy a CFO as your strategic partner on an ongoing basis to help you address your day to day financial needs. He will visit your office on an ongoing need basis and assisting your management team and/or the CFO with not just your regular needs but also your mission critical projects. Our CFO steps in for just the limited period of time that you need his help.
Accounting outsourcing is a growing trend among middle market and high-growth companies, providing a cost-effective way for organizations to improve the accounting function. The key benefits of outsourcing include fractional use of accounting professionals, enhanced processes and technologies, and stronger compliance measures. Our Accounts Outsourcing Services include:
- Transaction processing
- Financial and operational reports
- Month-end closure of accounts
Asset Management & Verification
Having comprehensive and up to date asset information is paramount to the success of any asset intensive organization. Fixed Asset Management covers the broad areas of capitalization, lifecycle management, physical verification, tagging and process setup. A physical verification of assets is a process conducted to make sure that the assets of a company actually exist. We facilitate in establishing best practices through setting up quantitative controls on fixed assets. Our approach to verification is to conduct a line-by-line reconciliation of fixed asset accounting records to assets found during the physical inventory taking process. We have a team of associates and supervisors to work on PAN India & international basis.
Our Fixed Asset Management & Verification service comprises of following:
- Physically verify all fixed assets within the client environment, linking each asset to its user definable category code, location, department, cost centre, responsible person, supplier, manufacturer etc.
- Database formatting
- Matching financial values to the general ledger
- Compile asset management policy & procedure manual
- Produce exception report
- Facilitate Financial Year end Fixed Asset Verification