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Financial Services
BPO India is one of the popular business practices in today's competitive environment. The Indian BPO industry is constantly developing like spreading fire. Silicon Valley provides BPO services worldwide and financial services are one of them. The financial services business process outsourcing market has already established in the UK and the United States and is now rapidly emerging within the rest of World. While immediate cost reduction continues to play a central role within our BPO approach, Siemens also looks at the strategic value you can gain from outsourcing. We can manage your financial services requirement, whatever be the complexity, in the areas of bookkeeping, tax preparation and other accounting related services. By utilizing a virtual delivery model, we enable customers to save about 30 to 40 percent of their labor costs. Not only this, we can also help you solving the financial
Book Keeping services is the most important part in any organization beginning from small to large business. However, not everyone has the resources or skills to conduct this work in house. Outsource your bookkeeping to India and get good quality and cost effective solutions. Book keeping as a process includes all the documentation and maintenance of an organization's financial records. The personnels working with Bookkeeping maintain accounting records which include those that tabulate expenditures, gate, accounts payable and receivable, and profit and loss. Bookkeeping involves various knacks. Again Computers have played their role here also. Bookkeepers use specialized accounting software and companies computerize their financial records. Manual posting to general ledgers is becoming obsolete so they post charges to accounts on computer spreadsheets and databases. As India is an outsourcing location with its growing expertise in the IT domain and with an educated and professional workforce, it can handle projects of varying complexity and produce cost effective quality results. It is no surprise that several global companies have chosen India as an offshore outsourcing destination for different
We provide a powerful combination of technology, people & process that can boost your business in this changing world, with a lot of globalization& technological advances. Moreover, the revalidation of the Service Delivery methods is imperative in Bookkeeping. The true measure of your competitiveness is your ability to deliver cost effective services faster and better.
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Banking & Financial Services
Outsourcing your financial and banking needs to India is
a wise option since most companies do not have the resources
or expertise to perform these activities in house. Indian
service providers provide cost effective quality solutions
as their cost is about 1/4th or 1/5th the cost of production
in the US & Canada.
Several financial and banking services are handled expertly
by offshore companies. India among them is the most popular
outsourcing location. Indian Service Providers use your
records such as cash receipts, check registers and sales
journals, your bank statements and other bank related documents,
settle your bank accounts, create a general ledger and financial
statements. We also provide general ledger services. The
General Ledger is perhaps the most important component of
any business set of books. It contains a summary of every
transaction and adjustment needed to prepare financial statements
and tax returns. It is the key map to your audit trail,
whereby any item in your tax return can be traced to the
original supporting documentation. Many companies are moving
towards greater in-house accounting responsibility with
off the shelf or customized user friendly comprehensive
accounting software. We also provide services for preparing
year ending financial statements like Balance Sheets, Statements of Equity, Profit and Loss statements and Statements of Cash Flow. Lastly we can also hire for you companies that
can prepare for you any tax return that you need for your
business. Apart from all these we also provide services
like Account Reconciliation, Account Set up, Credit/Debit Card Services, Collections and Customer Account Management.