Accounting Services

We provide accounting services on a shared or dedicated basis depending on the needs of the customer.

The services include

• Maintenance of books of accounts in accounting software and related documents
• Periodic reconciliation of banks and other control accounts
• Managing cost allocations to various cost centers
• Managing monthly revenue accruals and cost provisions
• Generating periodic profitability statement and other MIS reports
• Preparation of budgets and analysis with actual
• Providing timely reports to banks and other institutions
• Submitting final accounts and related schedules for audit
• Analysis of business performance and providing guidance

The services include

• Managing timely remittance of statutory payments like TDS, Service tax, VAT, PF, ESIC etc
• Timely filing of related statutory returns
• Providing all information needs to statutory authorities
• Assisting in statutory audits and compliances

The objective is to improve cash flow by ensuring timely billing and collection.

The services include

• Billing services – billing as per agreed formats and supporting management
• Collection services – invoice submission, soft and assertive followup, payment collection and deposit into bank
• Credit management – Credit policy implementation, managing dunning letters, Analysis of credit performance, minimizing risk of bad debts etc
• AR Diary management – Track bill at every stage, fix responsibility and timeline
• Preparing and managing collection targets
• Timely escalation of disputes and assisting in resolution
• Managing Day sales outstanding (DSO) targets
• Reconciliation of customer balances and obtain confirmation
• Provide outstanding analysis reports and other revenue related reports including revenue accruals

The payables management aims at timely processing of vendor bills and information on cost.

The services include

• Authenticate vendor bills by ensuring transaction accuracy and completeness
• Process bills as per contract terms, check supporting etc
• Provide visibility on the status of each and every bill
• Timely escalation of all deviations and extending support in its resolution
• Reconciliation of vendor balances and obtain confirmation
• Provide vendor outstanding reports and other cost related reports including cost provisions
• Payment processing and scheduling based on agreed terms with vendors

• Systematic management of entire activity flow.
• Integrated processes and control systems.
• Trained manpower to deal with the challenges professionally.
• Customized utility tools that can handle transaction complexities.
• Building visibility throughout the activity for complete status.
• Timely and proactive handling of all deviations.
• Enforce strict discipline in managing all the activities.
• Timely availability of various business critical MIS reports.
• Minimal involvement of customer time on activities outsourced thereby allowing focus on business development.

We currently service more than 30 Customers, across industry verticals, who have chosen us as their extended arm for managing their accouting activities on any of the following accounting platforms.