BUSINESS CONSULTANCY SERVICE

Today we have, to our credit, 20+ years of expertise in Consulting and Implementation of System-based solutions (Automations of business and finance processes, such that compliance, MIS and Accounting are integrated and seamless).

Consultancy Services (Business consultancy)

Business Process and System Designing and Set Up

  • Documenting and reviewing the existing and proposed business processes.
  • Drafting the architecture including interaction of processes across business process & verticals.
  • Making high-level architecture and blueprint of proposed system architecture and system workflow.
  • Micro module-specific workflow and each process definition in the system.
  • Getting the system designed and developed and ensuring the design meets specifications.
  • Development testing and user acceptance testing (UAT) of the developed system.
  • Continuous support in warranty and beyond the warranty of the new system and monitoring and improvisation of the new system to change in business needs and from the scope of improvement.

Finance and Accounting system set-up & validations of existing systems

  • Setting up of revenue, billing, purchase and sales system applications either with ERP or standalone systems.
  • Various MIS and senior management level report generation.
  • Effective review of existing processes and systems and recommendations and implementations of process and system improvisations.
  • Performing reconciliations and completing books of accounts, ledger etc, especially for customer, vendor accounts, fixed assets etc.

Legal and Tax Compliance

  • General Legal advice for our clients on all legal issues affecting them.
  • Preparing legal documents for them (both Registrable and Non- Registrable).
  • Intellectual Property consulting.
  • Drafting legal instruments of the Corporation (Non- Registrable).
  • Vetting all tender and contract documents.
  • Participating in negotiations for the retainers in respect of achieving their respective functions.
  • Determining the legality and settlement of claims.
  • Miscellaneous legal duties.

Data Reconciliation and Migration.

  • Adhoc reconciliation project of data from different applications, such that final conclusive data is ready for accounting and MIS. (bank reconciliation, data matching, etc)
  • Preparation of data in specified formats of the new system (ERP- SAP & oracle), from legacy systems with a strategy of seamless search of data from a single system.
  • Building simple automated bridges to push data to new applications, through API or simple table or file data upload.

Accounting Process Outsourcing

  • Complete accounting outsourcing with process automation.
  • Recruiting and organizing dedicated staff for clients on both onshore and offshore models.
  • Staff trained to work as part and aligned to clients' goals, values, and working styles.
  • Outsourcing is not restricted to accounting but also associate work of payroll processing, compliance, reconciliation etc.

System Function Review & Goal Oriented System Audit

  • Defining the system processes into logical parts and making documented system flow (test cases) for the same.
  • Review the system performance, with test case-flow through the system. Highlight the shortfalls and gaps between expected and actual performance of the system.
  • Critical testing of each input parameter, within exhaustive test scenarios, and reporting of logical failures, bugs and open parameters and issues in the system.
  • Clear documentation of As-is and To-be processes to complete the gaps in the system performance and highlight shortfalls.
  • Audits taken up in key areas i.e. Investment division in Insurance company, Review of entire proposal to claims process in insurance etc.

MIS system set-up and update of existing set-up

  • Designing of standard MIS reporting system with business KPI. Joint MIS reporting system for different business verticals if any.
  • Reconciliation of published MIS reports with books of accounts, along with special highlights of non-reconciled items and solutions towards aligning the same.
  • Recommended improvisations in MIS formats and presentations to justify credibility and usage of reports to decision-makers.
  • Identifying issues in accounting and accounting systems that lead to the generation of inaccurate MIS reports and helping fix the same.
  • Development of MIS systems after the design of system & processes of business to meet the needs of business framework from time to time. Project time is approximately 5-10 days.

IT landscape - Evaluation and Integration

  • Study the entire IT landscape set-up, especially details of core systems (Billing and ERP)implementation and their integration with other systems
  • Design of bridges and integration across applications, with focus on integrity, durability and scalability with future aspects of business and compliance.
  • Consulting and guidance on applications, strengths, usability, features and also guidance on ERP implementation, design etc

Collections Flow – New Avenues and Automation

  • Evaluation of traditional methods of collections for a large spread collection process.
  • Recommending new bank-enabled tools for cash and non-cash collections, ex - virtual accounts, etc.
  • Getting the new recommended processes, implemented with system integration with the bank and other vendor tools and also rolling the same out on the floor also.

Business Process Documentation – BRD, SOPs, Workflows, etc.

  • Complete documentation of business cycles, processes, workflows, flow charts, and standard operating procedures.
  • Recommending changes and improvisation in existing flow and processes, so as to comply with audit and work profile points and also get economies in working through optimization.
  • Recommended processes documented and shared as “TO BE” processes.
  • Manual for operations, such that they are audit compliance of various types.

Business Process Cycles – Definition, Enhancement, Automation

  • Organizing workflows and style of work into logical processes.
  • Organizing these flows into process business and system processed and identifying responsibility on the profile of resources.
  • Resources trained and enhanced to follow new business processes.
  • Evaluation of recommended processes to result in time and cost savings, and optimum utilization of resources.

O2C (Order to Cash) and P2P (Procure to Pay)

  • Drafting the Order to Cash and Procure to pay life cycle with special tracking on cost budgets and sales targets.
  • Design the process in such a way that there are validations and restrictions at the same time chain process can identify transactions from source to the last bit.
  • Systems and processes are designed within and around the ERP.

Manpower Services (Human resource)

  • Skilled manpower with a varying educational background.
  • Provision of manpower with skills in accounting and related areas. Resources are commerce graduates, semi-qualified CA’s, and CA’s with good working experience.
  • Resources are provided on a full-time and part-time basis, including project-based as well as long-term-based manpower provision.
  • Ensuring the performance of the resource, up to the benchmarked performance level and deliverables from the resources as per discussed KRA’s and KPI’s.
  • Manpower services are undertaken on a standalone – only resource provision and no supervision, as well as on a supervision of project basis.
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MISSION

To develop and maintain long lasting and healthy client relationships by providing state-of-the-art technological solutions through continuous support and enhancement thus creating an environment of trust and respect.
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VISION

To be the benchmark for Program/Project Management in Business Consulting and process definition domain that creates innovative aspects of Financial Solutions To be recognised for the integrity of our people, the ethics of our business practices and the quality of our service.