Finance & Accounting Services

The finance function worldwide is witnessing a revolutionary shift. From being perceived as a mere book-keeper, today's fast-paced business environment has placed the CFO and the Finance Function under increased pressure to demonstrate the value it adds to business. The focus is therefore not only on a value for moneya functions such as transaction processing, budgeting and reporting a but is moving up the a value creationa chain to functions such as planning and decision support. As the Board is responsible for overseeing the organization, it needs to find the right level of involvement and approach in defining the company's strategic direction, and fostering long-term shareholder value. In addition, the risks associated with globalization and evolving information technologies, are all propelling the Board to be more accountable, informed and pro-active. For many Boards, the Finance Function is a good starting point. Our Finance and Accounting Services focus on such developments and also derive solutions for the same. The concept of outsourcing and offshoring has allowed such a change in focus to originate and sustain itself. The traditional back-room functions have been hived off to a specialistsa in low cost destinations, who are able to leverage volumes and generate cost saving opportunities.