Offshore Services
Our country being the third largest English speaking nation and has vast pool of accounting professional and graduates can provide quality business process outsourcing (BPO) to foreign companies. With our offshore BPO services, we help foreign clients (1) focus on their core business competencies for better performance, (2) save on cost to maintain global competitive edge, (3) have effective internal financial reporting and regulatory compliance, and (4) provide access to improved service levels that eventually provide higher shareholders value.
Finance and Accounting Outsourcing includes functions such as accounts receivable and payable management, payroll processing and remittance and financial and tax reporting. Services include:
1. Accounts receivable management
Bank advice clearance
Client billings
Client settlement
Suspense clearance
2. Payable Management
Cash application and allocation
Cash and bank payment entries
Accounts payable reconciliation
Statutory dues
3. Payroll Processing
Calculation of employee tax
Preparation of payroll based on the time sheets
Payroll reconciliation
4. Accounts Reconciliation
Bank reconciliation
Third party settlement
Assets and Liabilities reconciliation
Fixed asset accounting
Branch accounting
5. Financial reporting
Preparation of books of accounts
Monthly financial reports
Financial statement analysis
Statutory reporting
Data Encoding and Conversion. We assist foreign clients in converting data documents into e-data files. Data documents maybe contracts, policies and procedures, books, office files and other documentary data files.