Finance & accounting outsourcing

Finance & Accounts Outsourcing

Finance & Accounts Outsourcing

In today’s ever-changing and competitive world, the Finance & Accounting function is one of the key functions being tracked by management teams to continuously drive high performance and business improvement.

Ongoing pressures to optimize business performance have prompted many CFO’s and finance executives to look for new approaches, including outsourcing of the finance & accounting function.

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Finance & Accounts Outsourcing

With Offshore Accounting & Taxation Services’ (OATS) finance and accounting outsourcing functions, you can be assured that your fiscal and regulatory risks are being managed effectively

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Range of our services

Sale order to collection

Accounts Payable

Fixed Assets

Financial Reporting & MISGeneral Ledger

Consolidation & Intercompany Transactions

Tax Compliance

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Benefits

Ability to reduce costs

Increasing efficiency in reporting

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Meet tight deadlines for compliance reporting

Focus on accelerating business growth

Experience of using different accounting systemsOur team is trained in using various accounting systems as per customers’ requirements

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OATS is flexible to support any Accounting system of your choice

Model work-flow

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Documents

SecureTunnel

Customer

Offshore Center

e-fax/Scan to folder

Download Images

AccountsMIS ReportsTax compilations

Financial systeme.g. SAP, Oracle,Tally etc.

No PhysicalMovement

Ofdocuments

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“One stop shop” using Network of specialists

Company Law & FEMA Indirect Taxes

Audit, Transfer Pricing

Tax advice & representation

CustomerSingle point of contact

Illustrative Case – Finance & Accounts outsourcing

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Client : An Arizona based software company

Need : The Company was growing at 25% per year, putting a strain on existing finance team. The finance processes were not very well defined and were very person dependent. Several errors were being reported in cases of revenue recognition

Benefits• There was a 40% reduction in cost of F&A processing• Reporting was done on a timely basis, i.e. weekly, monthly and quarterly reports• Quick turn-around led to quicker invoicing, reduction in sales outstanding, better cash flow

Solution :• Process definition and process reengineering• Shifting F&A processing to offshore location in India• Deliverables and time-lines defined and adhered to• Robust “maker and checker” methodology adopted for processing to

minimize errors

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About OATS

Offshore Accounting & Taxation Services (OATS) offers customer-centric Finance & Accounts outsourcing solutions.

F&A Outsourcing

Accounts Payable

ConsolidationBank

reconciliation

Subsidiary Accounting

Tax Compliance

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About OATS

With the right investments in technology tools, a capable team and a strong network comprising of Chartered Accountants, Cost Accountants, MBA Finance, company secretaries, OATS provides unique value to its customers.

OATS is entirely committed to deliver a superior customer service experience and help you focus on your core business

Combining years of experience, cross-domain expertise and leveraging technology, OATS delivers cutting edge solutions to make ‘simplified accounting’ a reality

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Thank You

OFFSHORE ACCOUNTING AND TAXATION SERVICES PRIVATE LIMITEDSujam, Survey No. 81/5BPlot No. 1, Chandragupta Housing Society,Behind Maharaja ComplexPaud Road, KothrudPune – 411038. INDIA.Web : www.oats.co.inEmail : contact@oats.co.in

Offshore Accounting and Taxation Services Pvt. Ltd.

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https://www.youtube.com/OATSFinance

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