+91 9840777207 sachin@cfoangle.com HSR Layout Bengaluru

Outsourcing Services:

Sign board of outsourcing

We in CFO Angle Outsourcing services, we help organisation to pick its non-core, repetitive and standard but important functions like:  

  1. Bookkeeping

  2. Taxation Preparation and filing

  3. Payroll processing

  4. Accounts receivable

  5. Accounts payable

  6. Fixed asset management

  7. Internal Audits

  8. HRMS

  9. Employee compliance’s

  10. Office administration

  11. Procurement

And shift the burden of managing them to CFO Angle Advisory services. As we are specialist and subject matter expert who design solutions for list of accounting service for small business, medium enterprises and large corporate. Our services includes online accounting services as well.

Why you consider Outsourcing?

  1. Optimum utilisation of resources with quality and manage scalability with business growth
  2. Finding right talent at right price to manage the function with no business continuity hassles
  3. Managing multiple function with one outsourcing company
  4. Not adding IT infrastructure, building, management with business growth
  5. Opportunity to engage skillful manpower which otherwise is unaffordable
  6. Flexible staffing which is project and activity based
  7. Avoid hassle of government regulation for engagement of short term resources
  8. Better risk management for the work done by competent staff
  9. Increase efficiency in house by utilization of resources better
  10. Give your business a competitive edge by focusing on core business activities and helped by right outsourcing partners
  11. Implement internal best practices and processes
  12. Timing arbitrage for foreign companies

What do Outsourcing company offers?

  1. CFO Angle has well-trained and experienced staffs
  2. CFO Angle ensure business continuity plan and ensure employees and processes continuity
  3. Working with subject matter and domain expert, CFO Angle understand the client business and its requirements
  4. CFO Angle has IT infrastructure in place which helps client to seamlessly integrate growing business demands
  5. CFO Angle is process driven, which help them scaling work parallel for multiple clients
  6. Client specific compliance’s are met by CFO Angle which help organisation to focus on core activities
  7. CFO Angle has multi-city presence and can offer services across India with direct and partnered setup

List of Outsourcing Services

Bookkeeping

In CFO Angle we manage Outsourced bookkeeping, accounts payable outsourcing and many other non-core activities of business functions, although they form an integral part of any business enterprise.  The activities involved in bookkeeping includes:

  1. Converting and recording business activities into financial transaction
  2. Collate, check and prepare transaction documents into supporting voucher
  3. Passing, approving and recording relevant accounting entries in the ledger or accounting software’s
  4. Payment to suppliers and match the accounts payable and TDS on payments
  5. Producing and organizing activities like, invoicing, collections, sale and purchase, procurement, salary processing as daily activities
  6. Check, prepare and transact employee related reimbursements
  7. Prepare, verify and accounting of Fixed Asset transactions.

Accounting and MIS Services

  1. Produce cash flow position of the organization mostly, weekly, and fortnightly or as it is required.
  2. Prepare for monthly closure including, passing journal entries, taking provisions, bank reconciliation etc.
  3. Produce monthly financial statements including profit & loss accounts, balance sheet.
  4. Related MIS which would stake holders to take fast and prompt decisions.
  5. Timely monthly closing of books of accounts and Balance Sheet reconciliation and statements matching
  6. Annual closures of books of accounts
  7. Passing of relevant year entries
  8. Preparing annual books of accounts and keep them auditor ready
  9. Attending auditor queries during annual audits

Tax preparation & filings

  1. CFO Angle provides end to end tax Service where our tax accountant and tax advisor help our clients in Bangalore and all India for all tax and related matters.  We ensure:

    1. Monthly company & employee income tax and GST tax calculation in line with tax codes
    2. Prepare tax challans and make payments on time
    3. Prepare monthly reconciliations with accounting books
    4. Ensuring monthly, quarterly and annual tax returns
    5. Attending tax queries if any on filings

Accounts Receivable Services

  1. In CFO Angle we provide outsource accounts receivable services and includes:

    1. Maintaining customer masters
    2. Invoicing creation (as per contract) and sending it to the customers
    3. Data entry and bookkeeping of invoices
    4. Check bank statement and pass necessary entries for money received for open invoices
    5. Match invoices with the payment received and prepare an outstanding report
    6. Calculate Day Sales outsourcing ratio and check the amount outstanding in the market
    7. Follow-up with customers on outstanding payment
    8. Sending dunning / follow-up letters for delayed payments
    9. Sending legal letters for non-recoveries



Payroll Outsourcing

  1. CFO Angle provide online payroll services, payroll service for one employee, payroll outsourcing services in Bangalore and in India and abroad.

     

    Outsourcing is an activity where payroll outsourcing companies manage end to end payroll requirements of their clients. The process includes:

    1. Maintaining and updating employee masters
    2. Update salary breakup in line with standard best practices
    3. Process employee leaves and maintain balance as per company policies
    4. Process monthly salary payable in line with the structured salary breakup and ensuring tax compliances
    5. Ensure employee social security compliances like professional tax, provident funds, employee state insurances are met
    6. Calculate net salaries payable to employee including reconciliation statement with the payable
    7. Help client to transfer the money to employee and match payment vs. calculation reconciliation
    8. Ensure monthly, quarterly and annual employee related compliances.

How CFO Angle helps you in this regards?

  1. The benefits of outsourced accounting and bookkeeping services could be easily reaped through us. We take keen interest in preparing each and every client’s books of accounts. We have a specialized team of well-trained accountants who would give their 100% in order to fulfill your requirements regarding the maintenance of books of accounts. Also, these outsourced accountants work under the guidance of professionals, who take care of every prospective of accounting as well as the problems of tax preparation outsourcing. Our outsourced bookkeeping service includes the following:

    1. Accounting on the software and making you aware about any changes regarding updates in the world of accounting and taxation.
    2. We offer you a wide range of services for analysis of your financial statements through preparation of Cash Flow Statement, Fund Flow Statement, Ratio Analysis, Trend Analysis and many more, according to your requirement.
    3. When books and Bank Statements don’t match, we help you to prepare Bank Reconciliation Statements.
    4. We help you to prepare the cumbersome list and track payment details with accounts confirmation of your accounts receivable and payables.
    5. In the era of labour intensive business environment, we focus on a satisfied preparation of payroll processing for the betterment of relations between the employer and the employee.
    6. Business always should be done on market’s money, and this theory can be proved through proper project panning which includes preparation of project reports. This is all prepared and assisted by our non-amateur staff and done on timely basis to meet your requirements.   
    7. At last, all this should come within the circumference of the legal and taxation regulations, and this is kept under an eagle’s eye so as to ensure no incumbency has been left.

Why choose us CFO Angle Outsourced Bookkeeping and Accounting Services?

Our company is founded by Mr Sachin Gupta, who had been CFO and Finance controller in India and abroad before he started on his own.  His rich experience of 20 years in the field of setting-up accounting processes, internal control and risk free environment, process mapping and bringing large scale efficiencies, accounting software implementation, give him edge over the conventional accounting firms as he can bring his Indian and International experience. He and his team is committed to deliver the solutions which are business friendly and can be scalable as the business grows.  CFO Angle is one of the fastest growing Outsourced bookkeeping services in Bangalore.

Pricing

Special price for Startups

  • *Prices are quoted after a due diligence for business activities and detailed discussion on product and services, number of transactions and other relevant information. A quote is submitted post the discussion.
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