Due to increasing corporate governance, the statutory compliance requirements are on a tremendous rise. Outsourcing their corporate support work to a specialized partner will not only ensure timely local compliance but also more effective mitigation against the risks associated with non-compliance.
Accounting and Business Process Outsourcing services
In a new or an existing setup, the expense of maintaining a fully-fledged accounts department becomes an expensive affair and lack of inefficient and ineffective department may pose a considerable risk to the growing business / start up entities. Therefore, integration of accounting and reporting into the finance function has become vital to reduce risks and meet the regulatory requirements.