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Accounting Service and Outsourcing

Why Outsourcing ?

The entrepreneurs and corporate senior executives remain busy with their day to day core business activities and cannot give due attention to non-core business processes like accounting and other back office jobs. Outsourcing such jobs can free corporate executives from some of their day-to-day process management responsibilities. Traditionally, executives spend 80 percent of their time managing details and only 20 percent on strategy. Once a process is successfully outsourced, the ratio can be reversed. Executives get more control over their most valuable resource, time. Time to explore new revenue streams, time to accelerate other projects and time to focus on their customers.

Today's organizations face multiple challenges due to globalization, technology changes and changes in business process. The finance and accounting function therefore has to assume the responsibility to face and manage the profitably while continuously supporting the organization with data and analysis required for decision making. Outsourcing the finance and accounting function can help enterprises get the key information timely as per global standards. This can also help save costs to a considerable extent.

Who needs the service ?

The owners or sponsors of Small and Medium Enterprises (SMEs) who can neither give time to look after the accounts and finance functions nor feel it justified to engage full time qualified accountants can avail the outsourcing services. Outsourcing for such companies can provide maximum benefit as they can reduce the cost of jobs maintaining the quality at par with internationals standard.

What we can provide ?

We provide accounting solution to shape up client's financial and management accounting system development and implementation, manual preparation and on the job training. We also do the contract basis outsourcing of: accounting data processing, financial reporting, product costing and management accounting reports in accordance with international accounting standards and International Financial Reporting Standards (IAS & IFRS).


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Accounting Service
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