Financial Services
Finance and Accounting Outsourcing, Payroll Outsourcing & Insurance Outsourcing Services
As the trend of Finance & Accounting Outsourcing is growing fast, technology has revolutionised paper filling into e-Filling. Outsourcing your financial and banking needs to an offshore location like India is a wise option since Indian service providers provide cost effective quality solutions and allows you to provide added customer service without being financially bruised in the process.
At Austenite, our approach to assist a client with their finance and accounting outsourcing needs always provides a unique combination of knowledge and experience, resulting in an excellent accounting outsourcing service designed to achieve cost reduction efficiencies and improved quality.
Through our consultants based in UK, US and fast communication through telephone, internet or courier service, we work as a virtual extension of our client's office.
Finance and Accounting Outsourcing: Why Austenite
Cost effective - By outsourcing accounting job to us, you can save up to 30% - 60%, as Indian Chartered Accountants are equally skilled and less expensive then their US or UK counterparts.
Our Experience - Our Chartered Accountants have worked with hundreds of large and small companies and have helped clients to keep their book for the last 20 years.
Our Quality - At Austenite, we believe "quality" is the hallmark of international business. Our standard review process provides you with timely, accurate and reliable financial information to make planning and forecasting decisions.
We care - The Austenite accounting outsourcing professionals will help you to meet deadlines, process records accurately and based on our knowledge of your company, we will recommend the appropriate accounting system, payroll tax deposit methods etc. We advise our clients about procedures and processes to tighten their internal controls and build in accountability.
Finance and Banking Services: at Austenite
Austenite provides a wide range of outsourcing services to meet your company’s accounting, tax, financial management and consulting needs. Our services allow you to concentrate on what you do best while leaving specialised support functions to us. Our outsourcing services include:
- Accounting Outsourcing Services
- Payroll Outsourcing Services
- Insurance Outsourcing Services
Accounting Outsourcing Services
Austenite provides a wide spectrum of accounting outsourcing services. With our focus on speedy execution and quality control, we can prepare financial statements for any type of business or for personal financial purposes. Our accounting services include:
1. Book keeping services
At austenite, we can maintain all your financial need with a focus on best technology solution and expert accounting processes.
2. Write-up Services
- Print your checks
- Reconcile your bank
- Track and control your payables
- Bill and control your receivables
3. General Ledger Services
The General Ledger is perhaps the most important component of any business set of books, which contains a summary of every transaction and adjustment needed to prepare financial statements and tax returns. With Austenite, you don’t need to worry about anything, as we will manage all general ledger services on your behalf. Our InfoTech wing can also develop customised software for use on your in-house computer system that will interfaces directly with our own professional accounting software.
4. Financial Statement Preparation
- Balance Sheets
- Profit and Loss Statements
- Statements of Cash Flow
- Statements of Equity
5. Tax Preparation Service
- Credit Decision
- Accounts Servicing
- Account Reconciliation
- Account Setup
- Credit/Debit Card services
- Check Processing
- Mortgage loan servicing
- Collections
- Customer Account Management
- Treasury Operations Management
Payroll Outsourcing Services
Processing pay checks internally is not always cost-effective. At minimum, internal payroll processing requires the purchase of a computer or manual accounting program and extensive training to use it. In addition, businesses need to keep up to date on changes in personnel, deadlines, and tax requirements on an ongoing basis. By outsourcing your payroll processing to Austenite, you can save your capital and we will manage your entire payroll processing, while you can concentrate on your core business.
Our Payroll Services Include:
- Calculating payroll and tax obligations for each employee
- Printing and delivering checks
- Providing management reports
- Envelope stuffing
Pay checks can be issued on a weekly, bi-weekly, monthly, semi-monthly or yearly payroll basis.
A high level of customer service makes us an attractive choice for payroll outsourcing companies. With Austenite, you never loose your control over the process and can communicate directly and regularly with our chartered accountants.
Insurance Outsourcing Services
Austenite can help you in processing your insurance services with reliable cost effective services and with greater flexibilities. At austenite, we deal with various insurance sectors like Health Insurance (Medical Claims), Accident Insurance, Mortgage Claims, Homeowner Insurance, Credit/Debit Card Insurance etc.
Our Insurance Services include:
- Application Processing
- Insurance Tracking
- Policy Owner Services
- Claims Examining
- Claims Processing
- Transaction and Re-Insurance Accounting
- Statutory Reporting
- Annuities Processing
- Benefit Administration
If you are in need of an accounting outsourcing partner, let Austenite help. Our passion and commitment to your accounting outsourcing needs is unmatched and sets us apart from other accounting outsourcing firms.
We offer FREE Consultancy and Demo Project to our partners and clients. To learn more about our accounting outsourcing services please contact us.