Startups to established business entities rely on accurate and insightful financial information in order to maintain profitability and capitalize on new opportunities. Business organizations also needs various data analysis and reports to make informed decisions and to meet funding and investment requirements. Our Outsourcing division steer you to these goals with maintaining and managing accurate accounting books and by providing payroll processing services, business plans, forecasts & budgets, policies & procedures, valuation of business and finance modelling.

Enterprises are increasingly embracing outsourcing across a wider range of front and back-office processes to help transform their businesses. The reason in addition to significant cost savings, process outsourcing has become a driver for business growth and innovation. Unlock the value in your workflow with our processes, technology tools and knowledge.

1. Book keeping and Accounting Services

Outsourcing accounting is a cost-effective way for organizations to improve their finance and accounting functions. Business face multiple constraints like lack of supervisory staff, undocumented and unstructured processes, busy schedule of owners, inconsistent accounting practices and sometimes inaccurate historical records. Well-maintained books of accounts provide a solid picture of company’s financial situation especially at the time of debt or equity funding or presenting before investors. Keeping accurate and clean books of accounts requires regular updates of accounting transactions, proper allocation of expenses and adherence to accounting principles. We provide accurate accounting, customized reports and dash boards to help management to make informed decisions and help business to clean and organize their books and in implementing cost effective accounting system that is easy to maintain and manage.

Features of book keeping & Accounting Services

  • Taking care of Chart of Accounts
  • Regular recording of transactions
  • Analyzing accounts receivable and payables
  • Managing Fixed Assets and Depreciation
  • Managing different ledgers ie General Ledger, Expenses Ledger and Assets Ledger
  • Recording and analyzing cash inflow and outflow of the business
  • Monthly Management Accounts/MIS reports
  • Realtime dashboards
  • Financial Statements
  • Full filling external audit requirements

We also provide:

  • Clean up & historic accounting services
  • Guidance & Preparation of Management Accounts

2. Payroll Services

Outsourcing Payroll saves time, money and compliance headaches. We offer end to end payroll processing services and web enabled payroll solution with a special focus on confidentiality management.

Features

  • Maintenance & Management of employee files and records
  • Salary Computation
  • Leave and Vacation management
  • Computation of end of Service benefits and Final settlements on resignation/termination
  • Preparation of pay slips
  • Timely reporting
  • Computation of Bonus
  • Management of Employee expenses reimbursement
  • Management Reports / Dashboards

3. Business Valuation Services

Business valuation is a process and set of procedures used to estimate the economic worth of a business. Businesses needs to be valued for a number of reasons such as incoming investors or business financing, establishing partner ownership percentages, partner exit, business sale, public offering, merger, lawsuits or net worth certification. The foundation of business valuation is the ability to understand how a company cultivates ideas or concepts and deploys its invested capital, aiming to drive returns in excess of its cost of capital.

We tailor the scope of our business valuations to our client’s specific needs and purpose of the engagement. When appropriate, our valuation report provides an overview of the company, industry, economy, discusses value drivers, outlines the analysis performed along with the inputs and assumptions and incorporates detailed exhibits that support our valuation conclusion.

4. Finance Modelling

Finance Modelling is building an abstract representation of a real-world financial situation. Financial model can stimulate the effect of specific variables so that the company can plan a course of action should they occur. Financial models provide insightful information allowing you to explore the financial impact of strategic decisions and support your business plan. Financial modelling can be used in budgeting, project financing and raising capital

A financial model generally includes projecting the financial statements such as income statement, Balance sheet and cashflow statement with the help of building schedules such as the depreciation schedule, amortization schedule, working capital management, debt schedule etc. We assist and advise on budgeting and forecasting, budget analysis, Cost analysis, projecting cashflow and ratios analysis.

Why Financial Modelling is required?

  • Validation of new projects
  • Raising finance for projects
  • For Internal decision making
  • Forecasting future capital and material needs
  • Easier planning and budgeting
  • Testing ideas to optimize your business

Our Approach

  • Understanding the business model
  • Requirement Gathering
  • Design
  • Development
  • Delivery

5. Business Plans

A well written business plan is an important tool as it gives business owners the ability to lay out their goals and track their progress. They are important for attracting investors so that they can determine if their business is on right path and worth putting money into, to better understand the broader landscape, to set better objectives and benchmarks, to prove the viability of the business, to help you with critical decisions.

We help you compile the necessary information and set up a comprehensive business plan, reviewing the existing business plan, providing you with full business plans

6. Policies and Procedure Manuals

Policies and procedures are an essential part of any organization. It can be Financial, Human Resource or bonus scheme. Together, policies and procedures provide a roadmap for day to day operations. They ensure compliance with laws and regulations, give guidance for decision making and streamline internal processes. Having established financial policies and procedures makes sure your entire team is on the same page. A financial policy ensures that resources are used effectively and efficiently and that accounting best practices are followed.

What we do

  • Design and Development of Policies and Procedures Manual
  • Review existing policies andsuggest improvements
  • Provide advisory and assistance

Key Steps

  • 1. Understanding ‘As-Is ‘policy/process and reviewing ‘As-Is’ documentation
  • 2. Mapping ‘As-Is’ processes/sub processes with leading practices and regulatory requirements
  • 3. Developing ‘To-Be’ guidelines for processes/ sub processes with key considerations

Our Approach

Our solutions help our clients in streamlining and standardizing their operations by critically analyzing their processes, assessing requirements of each function/division/business unit, making recommendations and documenting the processes with clearly stated responsibilities, timelines and controls.