We will fully replace the accounting department of a business, which would create an environment where Management can concentrate on the core activities of the business
“As per the recent survey (Source: Intuit Australia) business owners spends nearly 35% of their time in support functions like, accounting, tax filing, paying vendors and employees, rather than focusing on developing their business”
Major Activities covered:
- Invoice Management – Raising Invoices, Mailing Invoices to Client/Customer
- Collection Management – Gentle follow up for the collection/assisting Sales Department for collections
- Expense Management/ PO Management – Raising PO for expenses, Mailing PO’s to Vendor
- Payments – Uploading payments online / Issuing Cheques 5. Payroll – Payroll processing, Payment of salary, expenses reimbursements etc.,
- Accounting – Taking care of entire accounting
- Coordination – With other department of the business and with Outside Agencies
- Statutory Compliance – Statutory Payments and filing required returns with the Departments
- Reporting – Monthly MIS reporting
Benefits:
- Cost – Cost of managing own department can be reduced to almost 50%
- Quality – High quality service as services are provided by the trained, experienced & qualified people
- Continuous – No interruption in service as the service is not person dependent but process dependent