Accounting Outsourcing Services

Managing your accounting processes to ensure accuracy, compliance, and efficiency, freeing up your time to focus on strategic initiatives.

• Bookkeeping – Maintaining accurate and up-to-date financial records
• Accounts Payable/Receivable - Managing payments to vendors and collections from clients to ensure smooth cash flow.
• Tax Compliance: Ensuring that all tax filings are accurate and submitted on time to avoid penalties.
• Audit Support: Assisting with audit preparation and providing the necessary documentation and records.

Payroll Processing

Payroll processing can be challenging due to its intricate nature, regulatory demands, and the need for precise management of employee compensation. It requires substantial time and specialized expertise to execute effectively.

Outsourcing payroll processing to ASC alleviates administrative tasks, ensures regulatory compliance, and provides expertise along with advanced software. It also cuts costs and saves time, letting your business concentrate on its core functions.

Our experts help streamline payroll operations to ensure employees are paid accurately and on time, all while ensuring compliance with regulations with tech-based software.

Our Services Include:

• Payroll Calculation: Precisely determining employee salaries, wages, bonuses, and deductions.
• Tax Withholding & Filing: Managing tax withholdings and ensuring the timely submission of payroll taxes.
• Employee Benefits Management: Overseeing benefits such as health insurance, retirement plans, and leave entitlements.
• Compliance: Ensuring adherence to local labor laws, tax regulations, and related periodic filings.
• Reporting: Delivering detailed payroll reports to assist with financial planning and budgeting.
• Access to Advanced Payroll Software: Providing top-tier payroll software that simplifies and streamlines payroll processes, minimizing administrative burdens and errors.
• Comprehensive Training: Offering tailored training to ensure your team efficiently uses our software and understands payroll management intricacies.

Virtual CFO Advisory & Support Services

Virtual CFOs (Chief Financial Officers) are strategic advisors who manage financial performance and offer expert guidance remotely. Our Finance professionals bring extensive multi-industry experience to their role, providing both strategic advice and hands-on implementation support to organizations.

Benefits of the Virtual CFO Service: -

• Budgeting: A comprehensive and carefully devised budget plan ensures that the business remains profitable. Effective budgeting helps determine the necessary funds by integrating salary expenses with overall costs.
• Risk Management and Compliance: Identifying potential financial risks, ensuring adherence to financial regulations and standards, and safeguarding the company's interests.
• Growth Strategy: The virtual CFO oversees the company's financial management, facilitating business growth. They develop a tailored improvement plan to identify when additional funding is needed for the business’s advancement.
• Strategic Financial Planning: Crafting financial strategies aligned with business objectives to ensure sustainable growth and long-term profitability.

Read More: Virtual CFO Services

Loan Staffing

Offering flexible staffing solutions to meet your organization’s needs during peak periods or special projects ASC comprehends these dynamics and offers secondment and temporary staffing solutions. This approach ensures you can address your immediate staffing needs in a legally compliant and efficient manner.

Our services encompass: -

• Project-Based Staffing: Offering specialized talent for specific projects, ensuring that expertise is available when needed.
• Skill-Specific Staffing: Sourcing professionals with specific skills required for particular tasks or roles.
• Scalability: Adjusting staffing levels based on project demands, allowing for flexible and cost-effective workforce management.
• Cost Management: Reducing costs associated with recruitment, training, and benefits for full-time employees.

Logistics Functions and Processes

Outsourcing logistics functions allows companies to reduce costs, leverage specialized expertise, and improve efficiency by accessing advanced technology and scalable solutions. ASC excels in outsourcing logistics functions due to our cutting-edge technology, industry expertise, and commitment to operational efficiency.

What we offer:-

• Supply Chain Management: Managing the entire supply chain, from procurement to delivery, to ensure efficiency.
• Inventory Management: Optimizing inventory levels to reduce holding costs while ensuring product availability.
• Transportation Management: Coordinating and optimizing transportation methods to reduce costs and improve delivery times.
• Warehouse Management: Streamlining warehouse operations to improve storage efficiency and reduce handling costs.
• Vendor Management: Managing relationships with vendors to ensure timely and cost-effective sourcing of goods and services.
• Process Automation: Implementing technology solutions to automate logistics processes, increasing accuracy and reducing manual labor.

Sourcing & Procurement Management

Our services are tailored to help clients optimize their spending or category management more cost-effectively while redirecting organizational resources from tactical tasks to more strategic activities.

Our experts will assist with:

• Streamlined Source to Pay (SS2P) solutions.
• Vendor management for SEZs, including procurement from unregistered vendors.
• Tail spend management strategies.
• Third-party payment management solutions.
• Petty cash management systems.
• Discount coupon administration.
• Employee reimbursement processing.
• Compliance solutions for reverse charges, e-way forms, and GST.