Types of Outsourcing
Why Outsource to ?
• High-quality and cost-effective services
1. Outsourcing in traditional areas like customer care, financial services, manufacturing, IT, ITES is
growing.
2. Large multinational companies are investing in captive BPO units in supplier countries in multiple
locations, to reduce risk and control quality.
3. Outsourcing is becoming more sophisticated. Customers are looking for business process
excellence, speed to market, improvement in quality, benchmarking to world-class standards. CEOs
are involved to ensure the long-term success of strategic offshoring decisions. On their part,
suppliers understand that they must compete globally and that outsourcing will play a more
transformational and strategic role for the client.
4. There is increasing global competition and pressure on margins from emerging lower-cost
outsourcing destinations.
5. Risk factors for outsourcing like terrorism and war, disaster and disease make contingency plans a
necessity.
6. The IT industry will see roughly 10 to 15% of its jobs move overseas during the next ten years,
inviting more political debate.
7. For the past two decades, China has been growing at an astounding 9.5% a year and India by
6%. They are impacting the global economy and leading the outsourcing revolution.
Future outsourcing trends worldwide
1. Outsourcing expenditure will continue to rise.
2. More countries will find outsourcing attractive, creating a multi-polar world. Following the lead
of the US and UK, the European Union markets will expand their offshoring programs, while Japan
will increasingly look to China for its needs.
3. Customers will take greater control in driving and designing deals.
4. The interlinking of the supply chains brought about because of outsourcing will create stability as
companies will put pressure on governments to avoid wars.
5. Risk factors and unexpected occurrences like war, terrorism, disease, natural disasters and
economic upheavals can throw a wrench in the works.
6. The rising price of oil will put increasing pressure on companies to both utilize technology and
outsource to remain profitable.
7. The rising price of oil will cause oil consuming countries like the USA to be less competitive resulting
in more outsourcing to India and China.
8. India will show excellence in Services that require advanced English like Research and Analysis
Outsourcing, Content and Medicine.
9. Political backlash over outsourcing is likely to lessen over time as economies strengthen and
companies continue to reap the benefits of offshoring.
10. Technological power will shift from the West to the East as India and China emerge as big players in
the global outsourcing market. The two countries have the size and weight to transform the 21st
global economy.
11. By 2015 China will be No. 1, India No: 2 in the global top five outsourcing destinations.
12. Vendor focus will shift from basic skills, costs and processes to domain knowledge, transition
challenges, change management, HR issues and governance.
13. Regional outsourcing hubs will develop as companies will take strategic near-shoring
initiatives to minimize risk and leveragecultural and linguistic compatibility. The supplier countries
are in the same time zone as their customers.
14. The large diverse Indian companies will face stiff competition from new focused smaller companies.
Because these companies are able to focus and become excellent in one are they will be able to
provide a higher level of service.
• In the next ten years, China will replace India in its number 1 position in the global ITES-BPO
industry.
• Rising costs and low efficiency in many cities like Bangalore will make software outsourcing less
attractive in future. The giants may show a drop in earnings.
• India ’s terrible Infrastructure will continue to be a drag on the potential of India giving other
countries the competitive advantage.
• Other competing countries providing low-cost outsourcing options will exert a downward push on
costs – East Europe, Latin America, South Africa
Infrastructure
• Metro cities are getting saturated and costs are rising -- Tier II towns need to develop infrastructure
but India’s track record does not bode well for fast development.
• The demand-supply gap in India for knowledge workers is being felt now in Bangalore but may
peak India wide in 2008-2009
• The education system needs transformation to produce people with skill sets that match industry
needs.
• The transition to knowledge processing will be a much bigger challenge for the Indian company and
employee than it was for BPO services. The typical college graduate many not have background or
flexibility to understand global issues required by this type of service.
• Engineering Services
• Healthcare Services
• Financial Services
• Software Development
• Creative Services
• Telemarketing Services
• CATI Services
• Legal Transcription
• Video Transcription
• Audio Transcription
• Mechanical Engineering
• Architectural Services
• Civil Engineering
• Structural Engineering
Healthcare Services
With our high-quality, skilled, accurate and reliable healthcare services you can see a significant
increase in your ROI. Outsource healthcare services to and save more than 60% on your
operating costs!
• Teleradiology Services
• Accounting Services
• Bookkeeping Services
• Insurance Services
Software Development
offers customized software development services that are tailor-made to meet your needs.
Outsource software development to and benefit from our offshore and onsite development
models which can give you greater flexibility.
• Maintenance Services
• Software as a Service
• Image Enhancement
• Photo Restoration
• Image/Photo Manipulation
• Market Research
• Financial Research
• Pharmaceutical Research
• Research Reports
• Writing Services
• Design Services
• Film Services
• Print Services
• Advertising Services
Web Analytics Services
With our knowledge in different web analytics tools, accurate data auditing, in-depth reporting and
effective optimization, you can take informed business decisions. Outsource web analytics services
to and get a better focus on your data.
• Software Configuration
• Dashboard Creation
• Data Auditing
• Website Optimization
Additional Services
Apart from our ten distinct services, we provide a range of other services.
• Translation Services
• DTP Services
• HR Services
Get more work done at a lesser cost: During this economic meltdown, almost every
organization, wants to increase productivity with their existing staff. But this will not be easy
without outsourcing. Making a decision to outsource can give you access to more resources
without you having to spend too much money. So, outsourcing can help you save on hiring new
resources. You can fully utilize both your existing resources and your outsourcing vendor to
increase your productivity.
Achieve scalability: Managing a business can be tough, as you have to face unpredictable
situations that might require you produce more results within a short notice. You might be
having only a limited amount of staff who can only take on a limited amount of work.
Outsourcing to India can provide you with scalability and help you deal with extra or
unpredictable work. You would not have to worry about unpredictable situations when you have
an offshore vendor in India.
Delegate non core work: The key to a successful business is doing what you do best and not
getting yourself involved in noncore activities that can shift your focus away from your core
competencies. For example, you may be making a successful product that is meeting the needs of
consumers. But now, you require customer support and market research to improve your brand.
Such work as these can be easily outsourced to India, leaving you with more time to invest into
building your business.
Affordable labor: Indian labor is much cheaper when compared to American labor. You can
utilize the skills of an experienced professional at half the cost, when compared to hiring an
experienced American professional. During times when you cannot afford high-priced staff, you
can outsource your work to India. You can get access to skilled services while still maintaining
your budget.
Increase bandwidth with outsourcing: If your staff is too less, you may not be able to meet
demands when you encounter an increase in work. On the other hand, if you have too many
employees, they might get bored and dissatisfied when there is no work. Outsourcing can help
you increase your bandwidth as and when you require. This way, you can effectively utilize
your core team and use offshore services as and when you have a need.
Skilled resources: By outsourcing your services to India, you can get access to skilled
professionals. India has a large pool of English speaking graduates, post-graduates and PhDs. A
large percent of young Indians are also computer literate. You can expect quality services, in any
field with India as your partner.
Why not get started with outsourcing? All you have to do is find an offshore vendor and then
discuss your requirements. Choose India for outsourcing and watch your business grow to
greater heights.
E-governance Services
• E-governance or electronic governance may be defined as delivery of government services and
information to the public using electronic means.
• The private partner brings in specialized IT skills and other resources. Outsourcing helps the
government, generally lacking in the knowledge of current and emerging IT technologies, to make
the right choice of technology.
• Project management skills in government are also quite poor and by outsourcing, services can be
digitized with least penalty in time, cost and other resources. The private vendors would generally
work more efficiently and effectively for faster development of projects at a lower cost. Day-to-day
hassles of running, maintaining and managing the system can be left to the more specialized
private partner.
• Outsourcing also allows mountains of inherent legacies of the government systems to be by-passed.
Legacies reside in the organization, the hierarchy, the processes, the decision-making and in the
people involved. Dozens of approvals required in the sanction of projects result in huge delays in
implementation of projects and, finally, poor quality of service delivery. The choice of outsourcing
makes it possible to jump over these legacy systems in one go, bringing relief to the government
IT-administrators, who need not then be afraid of the auditors and their guillotines.
• The most important advantage of outsourcing lies in the fact that the government can concentrate
on their core competencies. Productivity can thus be enhanced.
• With supply chains that span the globe, businesses are pushing to get their products to market and
into the hands of their customers more quickly and more efficiently than ever before, little or no
margin for error, they need experienced partners who can help them get the job done right, the
first time.
• Major chains are expanding their presence across geographic regions and, in many cases, across
national boundaries. Additionally, they are expanding into new markets that extend their brand to
new product categories.
• Meanwhile, with the Internet has raised expectations for customer services. Customers are
expecting retailers to deliver a consistent experience, regardless of whether they are inside the
store, phoning a call center, or at their computer. Outsourcing these services proves both cost
effective and leads to increased productivity.
Outsource to and benefit from expert, professional and skilled services that can
tremendously increase your productivity.
Pharmaceutical Research Services
• From drug discovery to selling, the pharmaceutical industry needs new solutions. Utilizing
information technology efficiently is a critical component for business success and gaining the
competitive edge.
• Outsourcing provides the small pharmaceutical company the ability to take new drugs through
clinical trials by avoid the investment in infrastructure which would normally be necessary.
• After InfoTech firms, it's the turn of biotech and pharma companies to look at outsourcing from
India. According to Proximare Inc, a consultant for pharma and related companies, over $200-
million worth work is likely to be outsourced from India over the next 12 months in the field of
biotechnology and pharmaceuticals.
• These companies are mostly looking at collaborative research outsourcing work to be done out of
India. Collaborative research outsourcing (CRO) is likely to become the next big wave after contract
research outsourcing
Outsource Research and Analysis services to and benefit from professional and
expert pharmaceutical research services.
Financial Services
• Enterprises are relying on outsourcing as part of their broader strategic sourcing plans. Their goal is
to improve competitiveness while reducing costs.
• A recent study conducted by The Economist Intelligence Unit shows that approximately 30 percent
of the companies (in the study) outsource finance and accounting functions, with two-thirds of
those (65 percent) characterizing the arrangement as successful (57 percent) or very successful (8
percent).
• While cost savings and increased productivity are key motivators for outsourcing, the study
determined that finance and accounting outsourcing is increasingly being used as a catalyst for
business transformation.
Outsource financial services to and benefit from accurate, professional and error-
free services that can give your organization a competitive edge.
Healthcare Services
• IT will provide healthcare organizations opportunities in 2004 to improve quality and reduce costs,
while presenting challenges to the security and privacy of patient data.
• Healthcare's provider sector is opening its minds to the possibilities of business transformation
through BPO. Rather than just focusing on the bottom line, they're realizing that savings from
reduced operating costs can be redirected to investments in improving patient care quality, medical
facilities or equipment and salaries.
Global organizations have always preferred outsourcing call center services to India, when compared to
outsourcing to China, Philippines, Malaysia and other Asian countries. India has always been the most
preferred outsourcing location, because call centres in India offers a wide variety of advantages that
other countries do not offer. Today, having call centers in India has become the norm for several global
companies. India has been able to effectively meet the growing international demand for call center outsourcing
services by providing cost-effective services and customer-oriented call centers. Many international
organizations are also setting up call centres in India, because India has a large qualified workforce and can
also provide cost-effective call center outsourcing services. Outsource call center services to India and give
your organization a competitive edge. The following are a list of reasons why outsourcing call center services to
India makes business sense.
Why outsource to call centers in India?
1. Large and educated workforce
Call centers in India have a largest number of qualified, tech-savvy, IT literate, trained, skilled and experienced
professionals. India has the largest English-speaking population after the USA. India’s large and well-educated
workforce has been one of India’s main advantages over other countries. India will continue to have a well-
educated and large workforce, because India has an ever increasing number of college graduates and a large
number of successful training industries. These factors ensure that India’s resources will keep increasing year
after year.
India’s large manpower is willing to work for a lesser price. In a call center operation, manpower typically
accounts for 55 to 60 percent of the total cost. In India, manpower is available at a fraction of the cost
overseas. Initial investment in infrastructure and training can be expensive and make one believe that the
promise of cost reduction is false. However, there will be savings and the fact that several global giants
continue to set up call centres in India is proof of this.
2. Specialized call center outsourcing services
Call centers in India have experience in offering a number of call center outsourcing services, such as, inbound
call center, telemarketing services, technical helpdesk services, CATI services, disaster recovery services,
email support services and chat support services amongst others. Call centers in India can also provide a host
of IT enabled services, such as, helpdesk services, accounting services, transaction processing services,
remote network management and end-to-end processing amongst others. Call centers in India can offer expert
product specific solutions, such as risk modeling, data mining, actuarial services and underwriting variation
analysis. Call centers in India offer cost-effective call center outsourcing services without compromising on
quality. Call centers in India also have the best of technology, people, processes, resources, operational
expertise.
3. Time Zone Advantages
More and more global organizations have been outsourcing call centers to India, because of India’s time zone
advantages. India’s twelve hour time difference enables global organizations to provide their customers
with 24x7x365 days services. By taking advantage of India’s time difference, companies in the U.S have
been able to ensure that their customers receive round-the-clock customer support. By outsourcing call centers
to India, you can take advantage of India’s time zone advantage.
Get the India Advantage!
4. India’s Policies
The Indian government has extended its support to the outsourcing and IT industry. The government of India
has allowed duty free exports of capital goods and has provided tax exemption on the export of ITES. The
Indian government has also aided the Indians in building software technology parks that have the latest in
telecom facilities and infrastructure. This support from the Indian government has gone a long way in making
India the world’s most preferred outsourcing location.
5. Latest Technology and High-end Infrastructure
Call centers in India employ the use of the latest technology, the best software and high-end infrastructure to
provide high-quality customer support services. India has also experienced privatization and reduction in the
tariff of internet services, telecom, cellular services and paging services. This has given India an advantage
over other locations, in terms of infrastructure. India has the largest number of state-of-the-art call centers
in the world. The Government of India has recognized the potential of IT-enabled services and has taken
positive steps by providing numerous incentives.
6. Cost-effective call center services
Another important factor why global organizations prefer outsourcing call centers to India is because call
centers in India offer cost-effective customer support services without compromising on quality. With
the low cost of manpower available in India, Indian call centers have been able to provide high-quality call
center outsourcing services on a 24x7x365 days basis, at a cost which is more than 50% less if performed in
the U.S or U.K. These reasons have encouraged more global corporations to outsource call center services to
India, because they can get access to quality call center outsourcing services at a cost-effective price.
7. India enjoys the confidence and trust of global organizations
India has been one of the first nations to step into the call center outsourcing industry. Global organizations
have already outsourced call centers to India and have found India to be an ideal outsourcing provider. Today,
some of the world’s global giants have a base in India, from where they provide customer support services to
their worldwide customers on a 24x7x365 days basis. These successful call center outsourcing ventures have
encouraged more and more global organizations to outsource call center services to India and give their
organization a competitive advantage
•
• 2. Requirement Analysis
•
•
• 3. Pricing and Contracting
•
•
• 4. Project Initiation
•
• 5. Project Steady State
These are the following activities and results carried out during this phase.
Activities Key Resulting Factors
• Capture a Common Business Vocabulary • Business Vision
• Maintain Business Rules • Target Organization
• Assess Target Organization Assessment
• Set and Adjust Objectives • Business Glossary
• Identify Business Goals • Business Rules
• Define the Business Architecture • Business Goals
The function of business analysis is critical in the success of a software project. The process needs to be
continuous, from the start to the finish.
The business analyst plays an important role in every stage of the software development life cycle and ensures
that the solution that emerges out of the whole process meets the business goals of all the stakeholders
involved.
Outsource your software consulting to India
Do you require high value software consulting services? Why not consider outsourcing to India?
Indian software consultants offer carefully analyzed, dynamic software solutions that will bridge the gap
between your business vision and organizational processes.
Size of industry
The industry has been growing rapidly. It grew at a rate of 38% over 2005. For the FY06
financial year the projections is of US$7.2 billion worth of services provided by this industry.
The base in terms of headcount being roughly 400,000 people directly employed in this Industry.
The global BPO Industry is estimated to be worth 120-150 billion dollars, of this the offshore
BPO is estimated to be some US$11.4 billion. India thus has some 5-6% share of the total
Industry, but a commanding 63% share of the offshore component. The U.S $7.2 billion also
represents some 20% of the IT and BPO Industry which is in total expected to have revenues
worth US$36 billion for 2006. The headcount at 400,000 is some 40% of the approximate one
million workers estimated to be directly employes in the IT and BPO Sector.
The related Industry dependent on this are Catering, BPO training and recruitment, transport
vendors, (home pick up and drops for night shifts being the norm in the industry). Security
agencies, Facilities management companies.
The related Industry dependent on this are Catering, BPO training and recruitment, transport
vendors, (home pick up and drops for night shifts being the norm in the industry). Security
agencies, Facilities management companies.
From a PricewaterhouseCoopers survey
Table 1: Global BPO Market by
Industry[3]
Percentag
Industry
e (%)
Information
43
Technology
Financial Services 17
Communication
16
(Telecom)
Consumer Goods/
15
Services
Manufacturing 9
Country Percentage
(%)
United States 59
Europe 27
2000 119
2005 234
200
3.9 45.3
4
200
5.7 44.4
5
Currently the Indian BPO Industry employs in excess of 245,100 people and another 94,500 jobs
are expected to be added during the current financial year (2005-2006)
USA 19,000
Australia 17,000
Philippines 9,050
India 9,500
Nearly 75% of US and European multinational companies now use outsourcing or shared
services to support their financial functions. 72% of European multinational companies have
outsourced financial functions over the past two years.
Additionally, 71% of European companies and 78% US companies plan to use these services in
the next 12–24 months. Overall, 29% of US and European companies expect to increase their use
of outsourcing of financial functions, with spending expected to be nearly 16% higher than
current levels.
Growth in this sector will get a further impetus as Indian BPO companies have robust security
practices and emphasis is laid in developing trust with clients on this score. While earlier there
were varying quality standards on this aspect, today there is focus on standardization of security,
such as data and IP security.
Leading BPO-ITes cities in India
Bengaluru, Chennai, Hyderabad, NCR (New Delhi, Delhi, Gurgaon, Faridabad,
NOIDA, Greater Noida,Jaipur,Lucknow,Dehradun,Rewari, Ghaziabad), Pune,
Mumbai and Kolkata are Tier I cities that are leading IT cities in India.
With rising infrastructure costs in these cities, many BPO's are shifting operations to Tier II
cities like Aurangabad (Maharashtra), Mangalore, Mysore, Hubli-Dharwad,
Belgaum, Coimbatore, Madurai, Hosur, Nagpur, Kochi, Trivandrum, Chandigarh,
Mohali, Panchkula, Ahmedabad, Bhubaneshwar, Jaipur, Vishakapatnamand Lucknow
Tier II cities offer lower business process overhead compared to Tier I cities, but may have a less
reliable infrastructure system which may hamper dedicated operations. The Government of
India in partnership with private infrastructure corporations is working on bringing all around
development and providing robust infrastructure all over the nation.
If security, privacy and confidentiality concerns are stopping you from outsourcing transcription services, then
consider outsourcing transcription services to , as we are an organization who takes security and
confidentiality concerns very seriously. At , we are very sensitive about the different regulations that are
part of the transcription industry. Our technology-driven transcription services are compliant to international
standards.
We understand the privacy, security and confidentiality concerns of our transcription customers and have taken
necessary security measures to ensure that your confidential information is kept secure. Outsource legal
transcription, academic research transcription, media transcription, market research transcription, business
transcription, video transcription, audio transcription and audio editing services to and stay assured that all
your business critical information will be will be kept completely secure.
The following is a list of the privacy, security and confidentiality measures that we take at :
• All our transcription professionals are given training on security, privacy and confidentiality
• The transcription employees at sign confidentiality and non-disclosure agreements at the onset of a
project
• We ensure that the transcription professionals and administrators at who have access to patient records,
voice files or sensitive information have signed the required confidentiality agreements
• All the systems at have antivirus software and firewalls. The systems are updated with virus definitions
on a daily basis
• We conduct technical evaluations on a routine basis to ensure that all the systems in our office meet the
necessary security agreements
• We have disabled all the external drives in the systems at
• All our offices have security personal on a 24x7x365 days basis
• The transcription professionals at Flatworld are not allowed to bring laptops, PDAs or any other electronic
devise
• Our transcription employees are not allowed to bring in or take out any paper, printout or written documents
• The systems in have restricted print permissions
• All the transcription employees at are checked when they enter and exit our premises
• For all our transcribed files, we follow a 128 bit encryption
• We have stringent administrative procedures to guard document availability, data integrity and confidentiality
• All the offices of Outource2india have security measures to prevent the vandalism or theft of any information
stored in our employees systems
• We hold random checks of systems and employees on a regular basis
• All our transcription employees use passwords to logon to their computers
• At , we have rigorous security measures that ensure the security and integrity of protected information
• All our offices have smoke alarm and multiple fire extinguishers
• We have stringent processes to monitor and detect any breach of security. We also conduct routine audits
• At , we store our data at a data center and have installed physical access limitations to the data
• All the data that is transferred from our customers’ office to our office is encrypted to ensure that none of the
data is deciphered
• Every transcription professional at has a unique user ID and password to access transcripts and voice
files. This system prevents unauthorized access to data
1. Regular Transcription
1
Files uploaded on FTP server
• The transcription customer uploads the voice files onto ’s secure FTP server.
• The project manager at will download all the files and assign the files to be transcribed to our
professional transcribers.
• All the files will go through a quality assurance process, where our certified proof readers will check and
correct the errors in the transcribed files.
• The completed files will be sent back to the customer through email or by uploading the files on to the
secure FTP.
2. Web-Based Transcription
1 Files are taken from web based application
• We log in to our transcription customer’s web based application, where the audio files are loaded.
• Transcription professionals from will be assigned by a project manager to transcribe the audio files into
text files on the same web based application or on ’s systems.
• The files will go through a quality assurance process, where our certified proof readers will check and
correct the errors in the transcribed files.
• If the files are transcribed at our office, they will be sent back to the customer through email or by uploading
the files on to the secure FTP.
• We remotely log in and access the audio files from our transcription customer’s parent software application.
• A project manager from will assign the files to transcription professionals. Our transcription experts will
transcribe the audio files into text on the same parent software application.
• The transcribed files will go through a quality assurance process, where our certified proof readers will check
and correct the errors in the transcribed files at every 30 minutes of the process, depending on the volume
of work.
• The transcribed files are then submitted on to the same parent software application.
• Bookkeeping services
• Write-up services
• Accounts payable services
• Accounts receivable services
• Financial reporting services
• Accounts reconciliation services
• Customer order processing services
• Manual journal entry services
• Invoice processing services
• Virtual accountant services
• Project accounting services
Bookkeeping services
1. Sending us your source docments - To send us the documents, you can either scan the documents and
upload them to a secure FTP server or fax the documents to our toll-free fax number.
2. Updating your books - At , we can update your books by the same night. At this stage, we will require
you to provide a back up copy of your books. This can be carried out by using QuickBooks back up.
3. Sending you the updated books - In the final stage,we will send the updated books to your e-mail address
or load the updated books on to a secure server. This will be sent to you the previous night, so you can
download the updated books from the server to your computer in the morning.
B. Remote Access Bookkeeping
1. Sending us your source documents - You can send us your source documents through four ways. You
can scan the documents and upload it to a secure server or e-mail the documents to our mail box. You can
also fax it to our toll free fax or place it in your computer, so that we can access it remotely.
2. Connecting securely to your computer through internet- In the second stage, we will connect to your
computer by using a remote desktop access service, such as, Secure VPN.
3. Updating the books and logging out - We will update your books during the night, so when you come to
office the next morning, you will find the updated books on your computer!
C. Application Service providers
1. Sending us your source documents- You can send us the source documents by scanning the documents
and uploading it to our server or by faxing them to our toll free fax number.
2. Updating your books- we will update your books by logging in to the Online Accounting Software which you
use,for example, quickbooksonline.com and update the books.
3. Updated books- You can login to the online accounting software, at anytime to see the updated books.
’s bookkeeping services are complemented by the state-of-the-art network security devices and the
financial data security best practices that we instill in our team.
Bookkeeping Software
• MYOB and SAGE
• QuickBooks (All versions)
• Quicken
• Peachtree
• Intuit ProSeries
• Intuit Lacerte
• Net Suite
• Creative Solutions Accounting
• Master Builder
• Business Works
Bookkeeping Services for our US Customers
provides the following basic bookkeeping services:
• Computerized processing of all checks and bookkeeping information
• Bank statement reconciliation
• Preparation and review of monthly financial statements
• Maintenance of employee and sub-contractor earnings records
• Tax Preparation Services
• Preparation of year-end W-2 and 1099 forms
’s Bookkeeping Services Include
• Day-to-day bookkeeping and accounting
• Books balanced and reconciled quarterly
• Management accounts produced quarterly
• VAT returns produced quarterly
• Annual accounts and tax returns preparation
• Submission to Inland Revenue
• Submitted to Companies House
• Expert tax advice to minimize tax liability
• Adjustments to year-end accounts
• Storage of documents at our offices
WRITE UP SERVICES
Income Statement
The income statement summarizes the costs, expenses and revenue acquired over a particular period of time.
This period of time will usually be a year or a fiscal quarter. This financial report provides information about the
capability of the organization to make profit by minimizing costs and maximizing revenue. The income
statement is one of the important statements that are prepared during financial reporting. This report is also
called ‘profit and loss statement’, statement of profit and loss’ or ‘income and expense statement’.
Income Statement by Month
Income statements by month are prepared to provide summarized information for the latest twelve month
period. These statements are displayed for every month.
Balance Sheet
The balance sheet is the most vital financial statement. The balance sheet displays the organization’s net
equity, assets and liabilities at a specific date.
Statement of Cash Flow
This statement provides a summary of the organization’s cash flow activities. This includes, the organization’s
investing, financing and operating activities. The statement of cash flow also displays the organization’s
beginning and ending balances of cash. The statement also highlights the uses and the sources of cash for that
particular year.
Bank Reconciliation Report
The bank reconciliation report presents information about the cash balance shown on an organization’s books
at a specific date. This report settles this balance with the amount displayed on the bank statement of the
organization.
Payroll Register
The payroll register displays information in an alphabetical order about all the employees who were paid during
a particular month. Payroll taxes and other deductions with the gross pay are displayed.
Journal Entry and Check Register
The journal entry register displays the checks written during a specific month. The register associates the
checks with the general ledger accounts that they have been charged to. The register also displays the dates
when the check was written.
Detail General Ledger Report
This report exhibits all the organization’s activities for a particular month.
Business Analysis Report
The business analysis report provides financial information from the income statement, cash flow statement
and balance sheet. This information is effectively used to calculate key performance metrics. This report can
also help you analyze the financial performance of your organization.
Financial Analysis Report
This report evaluates the balance sheet of the latest month with the balance sheet of the previous month. The
report displays the changes in the equity, assets and liabilities.
Operations Analysis Report
This report presents the expenses, costs and sales by category. For each type of sales, the gross profit and
percent of gross profit is displayed. This same is done for the expenses. The report displays information
pertaining to a particular month and compares information between current and previous years.
We can also provide you with management reporting services, sales reports, sales tax reports and purchase
reports.
TAX PREPARATION
As mainland tax service costs increase, more and more accountants and companies are opting to outsource
tax preparation services to help minimize operating costs and maximize efficiency and profits.
VAT RETURN
Value added tax (VAT) is a very overwhelming task for an organization to handle. Moreover performing VAT
returns within your organization would require skilled manpower. Outsourcing VAT return services to India
can help you save on cost, time, money, effort and at the same time benefit from professional and cost-
effective services. Outsource VAT return services to and benefit from professional VAT return services.
Outsource VAT returns to and we will send you the completed VAT returns within a fast turnaround time.
Just send us the source documents to help us get started on completing your VAT returns. We have a
professional and proficient financial services team who are experts at using Sage Line 50 to process
your VAT returns. In case, you want our team to use a different software, we can quickly learn the software
and use it effectively to complete your VAT returns.
Most organizations today require value added tax or VAT return services. Outsourcing VAT returns to India
can help you benefit from expert VAT return services at a cost-effective price. Even if your VAT returns
are complicated our skilled financial team can help you effectively handle all your VAT return requirements.
With our years of experiencing in performing VAT returns for global customers, we can provide services that
are proficient and efficient. Our expert team of VAT return professionals can solve all your problems regarding
VAT returns. We can also provide competent VAT return services in the area of VAT calculations.
Outsource VAT return calculations to and experience problem-free VAT return calculations.
At , we can also provide sound advice and professional VAT return consulting services with regards to
VAT returns. Our skilled financial services team is well trained and extremely skilled in all the areas related to
VAT returns. Our team of VAT returns experts can provide you with expert advice regarding your VAT returns.
Outsource VAT return services to and benefit from our professional VAT return services.
VAT Returns Process at
• Our VAT returns customer sends us all the income related documents through our secure FTP
• The income related documents are scanned into images
• We will then process the payments, receipts, purchases and sales for the entire VAT period
• We will then ensure that fuel scale charges are included wherever relevant and necessary. Our team is
proficient in standard and cash accounting. We can employ either of them according to your
requirements
• We will then prepare VAT returns for particular schemes
• We will then send you the updated information in the format that you require. We can also directly
update the data on your financial software
VAT Returns Software
At , our team of VAT return experts is proficient at using Sage, Viztopia, Tally, Pro Fit and other such VAT
return software. We can also quickly adapt ourselves to any of the software that you are already using. We
can work on any of the VAT return software that you suggest.
Outsource VAT Return Services
Outsource VAT return services to and benefit from professional and competent services at a cost-effective
price. Our skilled financial services team can provide you with the expert VAT return services. With our
years of experience and knowledge in providing VAT return services, we can provide you with expert
assistance in solving all your VAT return problems. Outsource to and benefit from our efficient VAT return
services.
When it’s time to prepare and file sales tax returns, it inherently becomes a complicated task. If you are a CPA
firm you’ll know that handling a large number of sales and tax returns is time consuming as it is labor intensive.
Hiring additional staff during the peak tax season is an expensive affair. Fortunately there is a cheaper way to
manage your tax preparation tasks while saving cost.
TYPES OF FORMS
• Payroll reports
• Payroll tax returns
• Check processing and delivery
• Quarterly and annual tax reports
• Employee insurance deductions
• Time and attendance system
• 940s and 941s
• W2 and W4 reporting and filing
• Direct deposit payments with "paperless" payroll options
Why Outsource Payroll Processing Services?
Outsourcing the payroll accounting services of your company relieves you of the burden of tedious
administrative and routine responsibilities. This enables you to concentrate on your prime objective of growing
your business. Outsourcing payroll processing generates cost saving, improves focus on core business and
most importantly enables growth without manpower constraints. By outsourcing the payroll process to back
office service providers, seasonal increase in work load like filing tax returns can be managed
efficiently. It permits you to focus on high end activity by releasing time from routine tasks. This promotes
greater flexibility in staffing. By outsourcing your payroll accounting tasks to an Indian service provider, you can
reap added benefits. Favorable time difference between India and US is useful especially during peak load
season. India works while US sleeps, this enables faster work completion.