In today’s ever-changing and competitive world, the Finance & Accounting function is one of the key functions being tracked by management teams to continuously drive high performance and business improvement. Ongoing pressures to optimize business performance have prompted many CFO’s and finance executives to look for new approaches, including outsourcing of the finance & accounting function.
With OATS’ finance and accounting outsourcing functions, you can be assured that your fiscal and regulatory risks are being managed effectively
2. Finance & Accounts Outsourcing
In today’s ever-changing and competitive world, the Finance & Accounting function
is one of the key functions being tracked by management teams to continuously
drive high performance and business improvement.
Ongoing pressures to optimize business performance
have prompted many CFO’s and finance executives to
look for new approaches, including outsourcing of the
finance & accounting function.
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3. Finance & Accounts Outsourcing
With Offshore Accounting & Taxation Services’ (OATS)
finance and accounting outsourcing functions, you can be
assured that your fiscal and regulatory risks are being
managed effectively
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4. Range of our services
Sale order to
collection
Accounts Payable
Fixed Assets
Financial
Reporting & MIS
General Ledger
Consolidation &
Intercompany
Transactions
Tax Compliance
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5. Benefits
Ability to reduce costs
Increasing efficiency in reporting
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Meet tight deadlines for compliance reporting
Focus on accelerating business growth
6. Experience of using different accounting systems
Our team is trained in using various accounting systems as per customers’
requirements
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OATS is flexible to support any Accounting system of your choice
8. “One stop shop” using Network of specialists
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Company Law
& FEMA Indirect Taxes
Audit, Transfer
Pricing
Tax advice &
representation
CustomerSingle point of contact
9. Illustrative Case – Finance & Accounts outsourcing
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Client : An Arizona based software company
Need : The Company was growing at 25% per year, putting a strain on
existing finance team. The finance processes were not very well defined
and were very person dependent. Several errors were being reported in
cases of revenue recognition
Benefits
• There was a 40% reduction in cost of F&A processing
• Reporting was done on a timely basis, i.e. weekly, monthly and quarterly reports
• Quick turn-around led to quicker invoicing, reduction in sales outstanding, better cash flow
Solution :
• Process definition and process reengineering
• Shifting F&A processing to offshore location in India
• Deliverables and time-lines defined and adhered to
• Robust “maker and checker” methodology adopted for processing to
minimize errors
11. About OATS
With the right investments in technology tools, a capable team and a strong
network comprising of Chartered Accountants, Cost Accountants, MBA
Finance, company secretaries, OATS provides unique value to its customers.
OATS is entirely committed to deliver a superior customer
service experience and help you focus on your core business
Combining years of experience, cross-domain expertise and
leveraging technology, OATS delivers cutting edge solutions to
make ‘simplified accounting’ a reality
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12. Thank You
OFFSHORE ACCOUNTING AND TAXATION
SERVICES PRIVATE LIMITED
Sujam, Survey No. 81/5B
Plot No. 1, Chandragupta Housing Society,
Behind Maharaja Complex
Paud Road, Kothrud
Pune – 411038. INDIA.
Web : www.oats.co.in
Email : contact@oats.co.in
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Offshore Accounting and Taxation
Services Pvt. Ltd.
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https://www.youtube.com/OA
TSFinance
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