f&a outsourcing

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FINANCE & ACCOUNTING OUTSOURCING [ FAO ] SOURCING [ FAO ] FINANCE & ACCOUNTING OUTSOURCING [ FAO ]

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F&A outsourcing analysis

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FINANCE&ACCOUNTINGOUTSOURCING [ FAO ]SOURCING [ FAO ]FINANCE&ACCOUNTINGOUTSOURCING [ FAO ]LOW OWNERSHIP COST 40-55% LOWER THAN IN-HOUSE F&A CHEAPER ACCESS TO TECHNOLOGY & TALENTCOST CONTROL USING ANALYTICSBETTER TURN AROUND TIME REDUCED DEFECT RATESBUSINESS INTELLIGENCE REPORTS ALARM GENERATION FOR TIMELY ACTIONMULTILAYER REVIEW SYSTEMFASTER PAY BACK PERIOD REDUCED DEPLOYMENT TIME FOR TECHNOLOGY AND PROCESSACCESS TO BEST F&A PRACTICESFAO VALUE PROPOSITIONENHANCED EPSFRAUD DETECTION OUTSOURCING NEED SMALL TO MEDIUMSIZED BUSINESSESFEEL THE PAINOF SPENDINGMONEY ON FINANCE & ACCOUNTING DEPARTMENTSFORCED TOSPEND FUNDSBECAUSE OF THE EXPERTISE AND DEPTH OF EXPERIENCE REQUIRED WHICH COVERS VITAL SERVICES LIKEACCOUNTINGREPORTINGCOMPLIANCEAND STILL SUFFER FROMLOW F&A MATURITY: MANUAL & BROKEN PROCESSESRESOURCE CONSTRAINTSCASH FLOW ISSUESLACK OF ROBUST TECHNOLOGYTHE SOLUTIONOUTSOURCING TO OFFSHORE BENCHINDIASOUTSOURCING CREDENTIALS:MARKET LEADER55% SHARE OF GLOBAL SOURCING MARKETCOST COMPETITIVE3-4X CHEAPER THAN USTALENT CAPITAL>5 MILLION GRADUATES>3 MILLION WORKFORCESTRONG ECOSYSTEM43 TIER II/III CITIESMATURITYUSD 118 BILLION INDUSTRYSOURCE: NASSCOMOFFERING SOLUTIONS TOSTARTUPSSMALL TO MEDIUM ENTERPRISES PRIVATE EQUITY FUNDS ACCOUNTING FIRMSSPECIALIZATION IN COMPLETE FINANCE OUTSOURCING FROMACCOUNTINGPAYROLLREPORTINGCOMPLIANCESWITH A WIDE ARRAY OF SERVICESPROCURE TO PAY-VENDOR DATA MAINTENANCE-INVOICE PROCESSING & PAYMENTS-VENDOR RECONCILIATIONSPAYROLL-PAYROLL ADMINISTRATION-TAX & STAT COMPLIANCES-ADMIN SUPPORTORDER TO CASH-ORDER CREATION-INVOICE GENERATION & PAYMMENT COLLECTION-CUSTOMER RECONCILIATIONSAUDIT ASSISTANCE-PREPARATION OF SCHEDULING & WORKING PAPERS FOR AUDITORS-EXPERIENCED CAS WITH GAAP & IFRS KNOWLEDGE-QUALIFIED TEMP STAFF FOR SHORT ASSIGNMENTSRECORD TO REPORT-ACCOUNTING AND RECONCILIATIONS-FINANCIAL PLANNING & ANALYSIS-MIS REPORTINGPERSONALISED DASHBOARDS-BUSINESS INTELLIGENCE TOOLS-REPORTS TO TRACK & MONITOR PERFORMANCE-DELIVERED THROUGH MOBILE APPFINANCIAL PLANNING-INCOME STATEMENT ANALYSIS-BALANCE SHEET/CASH FLOW ANALYSIS-BUDGETINGFINANCIAL STATEMENTS-STATUTORY FINANCIAL STATEMENTS-PERIOD END REPORTING (MONTHLY, QUARTERLY)-TAX REPORTSCOMBININGMANPOWERPROCESSTECHNOLOGYTEAMAND AN OPS TEAM OF 1200+

Qualified Chartered AccountantsCommerce Graduatesnt TPROCESSINDIA Invoice Payments Leases Contracts Sales Order Requests Payroll questions etc.Scan & EmailTicketController (IBA Team)TimesheetPayments/Cash flowsManagement ReportsBoard Pack Regulatory Fillings (Review by external accounting & fax/auditor)

ClieeamQuickbooks/XeroDocsAccountants CLOUD BASEDTICKETING SYSTEM TOAUTOMATE WORK FLOWCOMMUNICATE WITH STAFF, VENDORS, CLIENTSTRACK COMPLETE STATUS ASSIGN, RESOLVE AND MOVE ONSECURED CLOUD INFRASTRUCTURE TO DRIVE EFFICIENT AND ROBUSTFINANCIAL DISCIPLINERISK MANAGEMENTTHROUGH SEAMLESS MIGRATIONINITIATIONIDENTIFICATION PLANNING PREPARATIONMIGRATIONKNOWLEDGE TRANSFER PARALLEL RUN GOLIVE50%50%SAVING BUSINESSESMORE THAN52%CLIENT Y BASED OUT IN SINGAPORE38%CLIENT X BASED OUT IN SWITZERLAND45%CLIENT A BASED OUT IN AUSTRALIA50%AVERAGE SAVING IN COST46%CLIENT X BASED OUT IN US