BUSINESS PROCESS OUTSOURCING
Outsourcing is the long-term contracting of a company's business processes to an outside service provider, helping to increase shareholder value by reducing the costs of non-core functions. Outsourcing your back office reduces in-house time spent on hiring, firing, vacations, sick leave, wrongful terminations, and associated costs. Our services include:
Payroll Processing
The service involves preparing and maintaining complete payroll functions including deductions, legal compliances and reimbursements including monthly or quarterly returns. These books can be made as per specific client instructions and includes.
Preparation of Monthly Payroll
Statutory & other Deductions i.e., Income Tax, PF, ESI, advances and Professional Tax etc.
Deposit TDS, PF & ESI etc.
Pay-slips to employees (either E-slip or hard copy)
Relevant records to Company for Accounting adjustment including Bank Payment Advice.
Reimbursement of Perks, Expenses etc.
Reconciliation of payments/statutory deductions etc.
Quarterly/ E TDS Returns (Form No 24)
Monthly / Yearly P.F., E.S.I.C.& other Returns
Calculation of Taxable Income of Employees
Verification of proof for Exemptions/ Deductions
Issue of Form 16 to Employees
Maintenance of Leave Records
Preparation & Filling of Employees tax Returns.
Ensure redressal of any issues.
Other related activities as per requirement.
Financial Process Outsourcing
Preparation of Monthly Payroll
Statutory & other Deductions i.e., Income Tax, PF, ESI, advances and Professional Tax etc.
Deposit TDS, PF & ESI etc.
Pay-slips to employees (either E-slip or hard copy)
Relevant records to Company for Accounting adjustment including Bank Payment Advice.
Reimbursement of Perks, Expenses etc.
Reconciliation of payments/statutory deductions etc.
Quarterly/ E TDS Returns (Form No 24)
Monthly / Yearly P.F., E.S.I.C.& other Returns
Calculation of Taxable Income of Employees
Verification of proof for Exemptions/ Deductions
Issue of Form 16 to Employees
Maintenance of Leave Records
Preparation & Filling of Employees tax Returns.
Ensure redressal of any issues.
Other related activities as per requirement.
Financial Process Outsourcing
The service involves preparing and maintaining day to day bookkeeping and monthly or quarterly management accounts. These books can be prepared as per the Indian / US GAAP accounting standards and can also be made as per specific client instructions. On-staff Chartered Accountants/ Cost Accountants/Company Secretaries, accounting managers and data entry personnel are there to assume the following bookkeeping and accounting functions:
Accounts Receivable
General Ledger Maintenance
Bank Reconciliation
Sales Order Processing
Purchase Order Processing
Fixed Asset Accounting, Review & Reconciliation
Project Accounting
Inventory Management
Employee Expense Reimbursement
Management Reporting Month and Year-End Closings
Audit-Ready Financial Statement Preparation
Strategic Planning & Annual Budgeting
Evaluation and Assistance with New Accounting Systems
Establishment of Internal Controls & Procedures
Reengineering of Accounting Processes
Advise on various accounting issues including GAAPS
Preparation of Statutory Books/Records
Costing and Accounting System Design and Review
Legal Process Outsourcing
Legal process outsourcing consists of various processes from research and analytics to drafting, paralegal services, Intellectual Property rights, Patents, Wills and Living trusts and Legal research.
Our teams can handle legal research in virtually any jurisdiction or area of law including the following:
Case law research
Journal searching
Various bare Acts, Rules and Regulations applicable to the respective State
Legal journals, subscribed in print as well as many on internet
Case law resources on internet
Current awareness
Writing Briefs/Memos perfect to your instructions
Writing articles on legal subjects
Second Opinions
Updating the latest developments in a particular legal area.
Analyzing federal, state, and administrative case-laws, concerning topics such as employment law, taxation, bankruptcy, intellectual property, business torts, mass torts, civil procedure, contracts, real estate, corporate governance, reinsurance, and ethics
State and federal statutes
Multi-jurisdictional comparison surveys
Factual research, including financial, corporate, and other data
Contract Drafting and Management
Contract Drafting
Agreement review and management
Standard Contracts
Contract Administration Service
