Financial Outsourcing:
- Invoice generation,
- Tracking accounts receivable,
- Sending reminders,
- Generating accounts receivable reports,
- Entering bills of vendors and tracking accounts payable,
- Ageing analysis, general ledger maintenance,
- Financial statements, trial balances P & L accounts, balance sheet, customized reports,
- Reconciliation of bank and credit card accounts,
- Payroll processing, data entry, claims administration and preparation of management reports, critical reports and related Management Information System reports.
QuickBooks or software of your choice or software of your choice Online Edition is a solution to Outsource Financial services business anywhere in the World. Financial services businesses throughout the world are increasingly using third parties to carry out activities that the businesses themselves would normally have undertaken. Industry research and surveys by regulators show financial firms outsourcing significant parts of their regulated and unregulated activities.
Today outsourcing is increasingly used as a means of both reducing costs and achieving strategic aims. Its potential impact can be seen across many business activities, including specific operations (eg, some aspects of finance and accounting, back-office activities & processing, and administration).
QuickBooks or software of your choice Online Edition is the perfect solution for anyone planning to outsource Financial services to India. It lets you organize your company's financial information all in one secure site. Plus your geographical location does not matter. Anywhere in the world, it works the same way because you can oversee it over the Web from anywhere, any time. Your financial information is secure on one of Intuit's American servers.
You will be provided off-site data storage and daily backups to firewall-protected servers. What a great way to outsource to India, keep your sensitive data confidential, and prevent unauthorized changes, all at the same time. Your team in India will always use the same up-to-date version as all their customers. Hence, there will be no impact to the user as QuickBooks or software of your choice is upgraded. You can use a single, secure login to access multiple company subscriptions and at the same time have differing permission levels.
The QuickBooks or software of your choice Online Edition currently has no limit on the number of simultaneous users. You can track everything because , always-on audit trail is available for inspection 24X7 and captures every user's every edit. Very little paper information needs to be transferred overseas. Your Indian partner will strive to set up a "Paperless office" that will be safe and secure. However, some documents may need to be scanned, faxed, or mailed to India.
Your information will be posted to a server in the USA so it is easy to understand the history of every transaction. You can spot incorrect practices and quickly rectify them at their source. Check the complete history of any activity with one click. QuickBooks or software of your choice Online Edition maintains an Audit Trail for each transaction.
The tax processing outsourcing business has dramatically changed and expanded beyond the client to tax prepares and now, to back-office outsource processing. Our tax outsourcing service methodology provides CPAs and Tax service providers of almost any size with a great new way of handling their tax compliance workload and meeting filing timing deadlines. This way, we handle the processing functions of a tax department while you focus on improving your client relationship. We have considerable experience in US tax preparation and reporting. We use top of the line tax software and technology like Drakes Lacerate, Turbo Tax and Ultra Tax, so that the CPA or Tax preparing firm is assured a seamless and secure delivery of work from an outsourced environment.
