BUSINESS SUPPORT SERVICE
Businesses today require varied support for their day to day operations.
The Support which business requires are
- Financial Analytical support for identifying areas and reviewing focus areas
- Guide the management on certain critical process
- Technical Manpower support with sound financial knowledge
- Run the payroll and other related compliances of the business
- Support the organization by running the Receivables and Payables functions of the Business
- Support the companies in keeping their accounting upto date.
- Liaise with external stakeholders where ever required.
- Reconciliation of Receivables and Payables
Our Team with their strong industry experience and technical skill, Support our clients in following manner:
Virtual CFO Service: Through our virtual CFO service, We support small and medium business by handling their finance function and providing our expert advice and support for all their business transactions and monitor Financial position including follow-up for AR and AP, Liaise with Bankers etc. In certain business, our CFO function is provided for a particular period like, Takeover of a business and integration with existing business and then we are switched back to advisory roles.
Advisors : We act as advisors to the board of directors / CFO which we see specifically in small or medium family run business. In our past, we have supported the business reduce the inventory positions by planning and improving the procurement process. Our strength is to provide insight to business on value drivers, risks and opportunities in their businesses.
Financial Accounting and Advisory Service: Entire accounting and Finance function is taken over by our team and we provide update to Chief executives and Business leaders on various matrix on the cash flow.
Accounts Receivable / Payable Service : Our expert team records the transactions and Supports sales / Procurement team for any activity relating to receivables and payables including reconciliations with customers and vendors
Payroll Service : Our expert team collates payroll date , computes the HR cost for the month, Verifies the same with Business , Prepares NEFT advice and share to business for payment, Prepares PF, ESI and PT sheet , Files the necessary returns and provides a monthly MIS on the Payroll including variances and comparison. We structure our MIS base on the client requirements.
Strategic Resource Loan Staffing Service: Businesses in many cases require quality and trained Finance resource either for short term during exist and recruitment of employees or for their long term requirement where the business needs to maintain continuity. We provide quality resource to them.
Mergers and Acquisitions: Our Team with expertise on handling mergers and acquisition activities support our clients in the following areas and we provide results by working with various other service lines of the client.
- Mergers and acquisition advisory
- Negotiation with concerned party
- Acquistion / Vendor Due diligence
- Support for due diligence.
- Business modelling
- Assist to support Bid
- Valuations through experts