Financial Reporting Services
- Recording financial transactions in accordance with accounting standards
- Ensure completeness of transactions posting including adjustments
- Preparation of trial balance
- Preparation of financial statements
- Fulfilling disclosure requirements
Book-Keeping Services
- Record financial transactions systematically
- Ledger maintenance including organized records of accounts
- Transaction categorization and their recording accordingly
- Periodic bank reconciliation
- Expense documentation, reporting and tracking
- Accurate book-keeping
- Financial Reporting including provision of financial insights
- Ensuring records meet accounting and tax laws
- Other customize services to meet specific requirements
Accounts Receivable Services
- Establishing clear credit terms
- Timely and accurately invoice issuance
- Tracking accounts receivable including justification of long outstanding balances
- Sending reminders to customers
- Taking timely actions for collection including phone calls, letters, and legal action, where required.
- Management report provision in respect of accounts receivable aging, collection and related actions taken.
Accounts Payable Services
- Managing and tracking invoices
- Validating invoices to ensure their accuracy, correctness and completeness
- Ensuring receipt of goods / services
- Invoice authorization from authorized personnel
- Timely booking of invoices into the accounting system
- Timely settlement of invoices in accordance with agreed-upon terms
Decision Driven Analytics Services
- Assess the business problem and develop a clear and concise desired outcome
- Helping customer to make better decisions through actionable insights and recommendations
- Collecting and cleaning relevant data received from different sources / MIS
- Interpreting the results and providing insights in a clear and concise manner
- Analyzing the data to assess patterns and trends
Bank Reconciliation Services
- Transaction verification and reconciling between bank statements and accounting records
- Unrecorded transactions identification and recording
- Financial data assessment to identify and resolve any potential discrepancies
- Error detection and resolution
- Process enhancement recommendations to improve efficiency and accuracy
- Detailed reporting and analysis
Backlog Cleanup Services
- Backlog work assessment and prioritization
- Defining workflow taking into account resources and capabilities
- Efficient workflow design including tasks sorting and categorization
- Task assignment to team members and tracking their progress
- Optimize team's resources
- Quality assurance testing on completed tasks
- Comprehensive documentation and reporting
Payroll Services
- Accurately calculate payroll
- Timely payment processing as per payment schedule
- Generate comprehensive payroll reports and maintain accurate payroll records
- Ensure related regulatory compliance
- Payroll assessment and analysis
- Provide payroll related services including updating of personal information and benefits
Outsourcing and Co-Source Arrangements
- Improve their process / controls and operations through feedback of subject matter expert
- Fulfilling temporary resource requirements
- Managing un-planned tasks