Hassle Free Bookkeeping with OATS Finance & Accounting Outsourcing Services
Offshore Accounting and Taxation Services has over 15 years of extensive experience in finance and accounting outsourcing services. We help organisations streamline, re-engineer and speed up their F&A processes, ensure compliance and thus boost productivity.
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 CFOs and finance executives to look for new approaches, including outsourcing of the finance & accounting function.
This solution enables a complete transformation of the F&A process, as well as facilitating seamless operations across several countries in a global environment. With OATS’ finance and accounting outsourcing services, you can be assured that your fiscal and regulatory risks are being managed effectively.
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Array of Finance and Accounting Outsourcing Services
What We Offer
Benefits of F&A Outsourcing Services
- Save costs of personnel and other infrastructure.
- Tight SLA (service level agreement) for the deliverables.
- Quick turnaround time (TAT) resulting in increased efficiency.
- Centralised compliance tracking processes to meet deadlines.
- Improved financial visibility and control with integrated tax compliance.
- Gain access to a proficient team & “virtual” CFO to act as a support system.
- Access to the latest software to carry out accounting activities.
- Robotic Process Automation (RPA) to handle high volumes with less resources.
F&A Outsourcing services transition program includes a dedicated team, and project manager, a detailed implementation plan, and post-transition support, including end-user training.
OATS is an end-to-end Finance and Accounting Outsourcing solutions provider. We work with the best-in-class platforms across Finance and Accounting, Procurement, Order Management, and Payroll processes. The solution is built by combining industry-leading SaaS applications.
Finance and accounting outsourcing helps you achieve success in many ways.
- As compared to an on-premises solution, Total Cost of Ownership (TCO) can be reduced by 25-40 percent with benefits noticeable in the first year.
- Changing the Finance Accounting Outsourcing service functions based on a per-usage model with zero capex and flexible pricing.
- Enhance User Experience – Provide consistent and convenient F&A user experience.
- Optimal for start ups- Business Agility and Operational Readiness.
In F&A Outsourcing Services, you can choose to outsource your entire function or a single process, like “Procure to Pay” or “Order to Cash”.
Manual accounting increases the risks of making errors in the transactions. A cloud based transaction software tool has proven to be a more efficient solution.