Finance & Accounting Outsourcing Services

Finance & Accounting Outsourcing Services

Introduction

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.

To integrate accounting, tax, and technology practices into your business processes

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Array of Finance and Accounting Outsourcing Services

Accounts Payable

We meet vendor payment SLAs and give valuable MIS for vendor performance and cost reduction decision making. We assist in increasing the efficiency of the entire accounts payable process without adding more labour.
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Accounts Receivable

OATS accounts receivable outsourcing makes time for you and helps you manage your cash flow in a streamlined manner. We utilize appropriate account receivable software according to company needs to reduce chances of build-up debt.
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Tax Compliance

Our experience in tax administration and process optimization, allow customers to manage their compliance procedures more efficiently. Also helps you leverage technology, automation, and subject matter expertise.
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Financial Reporting and MIS

OATS identifies errors, ensures accurate and dependable internal audit of financial statements. Our experience in accounting review services helps you prevent unpleasant surprises during the audit period.
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What We Offer

OATS offers unique, well-defined, and well-suited customer-centric vendor portal that ensures transparency to the vendors and saves time and efforts for the clients. We at Offshore Accounting and Taxation Services (OATS) ensure smooth and efficient management of following:

Integrate and streamline services

Our clients benefit from a variety of services that we provide using leading technical accounting, tax, and technology platforms which help us to meet individual needs. From accounts payable to MIS reporting, we have covered it all for you.

Managing complex transactions

Our F&A outsourcing solutions restructure companies' back-office processes in purchasing, sales, and employee expense reports - i.e., from order to cash and procure to pay.

Accounting and reporting

We provide client dashboards that track key performance indicators (KPIs) and financial and operational reports that give clients a quick overview of how their business is doing in real-time.

Key Differentiators

Responsive Customer Support

You can reach out to our account manager in case of any support needed. An account manager will be assigned to you at the time of starting the outsourcing engagement.

Data Protection

Our goal is to keep your information safe and secure, and we will do all that we can to ensure that happens. Maintaining the privacy of your information continues to be our top priority.

Optimum Use of Financial Resources

OATS professionals analyse the financial reports and offer insights for better budgeting and forecasting, oversight of internal controls, and other key performance metrics.

Updated Regulations

OATS professionals are up to date with the
ever changing rules for compliance and taxes.

Stability and flexibility

Most of our early customers have continued to be with us for more than 14 years. They value the stability provided by OATS teams. We can also scale up or down the resources deployment as per seasonal variations in business requirements.

Benefits of F&A Outsourcing Services

Other Services

Payroll Outsourcing
New Company Incorporation
Virtual CFO
Staffing Service

FAQs

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.