Finance and Accounting
With complex accounting, tax and regulatory requirements, both offshore and local businesses struggle to establish their operations, here. Subsequently, enterprises face a huge challenge of assembling a team of experts and managing their services, and this leads to increased costs and no guarantee of reduced compliance risks.
If you seek to establish operations in India, we at Maxtech Data House will provide back office assistance for financial reporting, accounting, payroll, tax and regulatory compliance. Since our inception in 2007, we have helped small and medium enterprises improve efficiency and reduce costs. Our accounting and finance team focuses on your business to help it successfully establish its operations in India, while you focus on core competencies.
With growth and expansion of your business, the financial and regulatory compliances also increase, but with our support, you can breathe easy! You may choose to hire a financial controller, while we would continue to manage all processes. Thus, we can support your business growth, as long as you desire.
Using industry best practices, our team efficiently manages your accounts payable, accounts receivable, payroll and other business transactions. We provide timely and accurate reports for all your financial and accounting transactions.
Our highly efficient team of professionals executes reliable accounts payable solutions, from invoice processing to payment. We deploy latest technology and industry knowledge to influence your vendor relations, internal control and management reporting, and cash management. Our centralized system keeps a track of payables across your organization and helps to accelerate the process, thus increasing the efficiency of your operations. A streamlined account payables process gives your company the competitive advantage it truly deserves.
Our seasoned credit control team diligently keeps a track of your company’s cash flow. We render services for receipt accounting, delinquent account reconciliation, customer claim processing, and cheque management. We ensure highest level of efficiency and customer privacy.
We enable on-time reimbursement for official expenses incurred by the employees in compliance with the corporate tax laws. We thus ensure your employees are paid on time while we mitigate potential compliance risks.
General Ledger Management
General Ledger management is a crucial part of your Finance & Accounting operations. Several activities are strategic but we can efficiently manage your independent items, including;
Control accounts and sub-ledger integrity
- Fixed assets accounting
- Inter-company accounting
- Period close procedures
- Project accounting
- Purchase and sales ledger hygiene
- Management accounts and reporting
- General Ledger code and product master creation and upgrade
We design, build and implement your reporting framework in tandem with your business objectives. We analyze and interpret the reports to provide useful insights that will enable you to manage your operations better.
- Identify and define key performance indicators (KPIs) – operational, financial, and hybrid metrics
- Identify and establish data sources for these metrics
- Design and implement processes for data generation
- Data cleansing
- Deploy business intelligence tools for metrics and dashboards
- Implement the solution and train business users
Call our experts today to discuss your requirements!