Outsourcing across the seas
Finance & Accounting (FA) was one of the first processes that companies outsourced. The practice thrives even today for justified reasons. In its July 2013 issue, the Forbes Magazine makes a pertinent observation: “Driving efficiency is a high priority for CFOs who want to outsource F&A processes, according to an Ovum study of 150 large companies in the United States, United Kingdom and Canada. Companies are already looking to move from outsourcing relatively basic transactional processes, such as accounts payable to more strategic functions, like budgets, forecasts and internal audits. More than a third of the respondents had outsourced internal auditing, which is a high-level function.”
At Greenvissage we believe in a global outlook. We extend multifarious facilities like book-keeping, accounting, financial analysis, payroll and reporting services to international clients by acting as their satellite office. By outsourcing these functions to us, our clients stand at a distinct advantage. They can focus on their core functions; get financial activities done at lesser costs and practice valuable time management in the obtaining time zone.
Your cost efficiency and time efficiency is our aim and we put our knowledge,
expertise and passion to achieve it.
Accounting & Book-keeping services
Accounting is one of the important functions for an organisation, for it is here that the efficiencies, profitability and success of an organisation are recorded and reported. Just as pulse helps diagnose a problem, this area helps identify the well being of an organisation is functioning. It is therefore imperative that this recording and reporting is as accurate and informative as possible. This can eat up a lot of organizational time which can otherwise be productively used towards its core functions.
Greenvissage helps you with its book-keeping and accounting services that save you time and money. Our book-keeping services are designed to take care of your needs. Our team can easily adapt to your accounting software and reporting mechanism.
Our Services Include:
- Ledger Maintenance
- Assets / Equipment Ledger Maintenance
- Bank Account Reconciliation
- Preparing Financial & Income Statements
- Preparing Accounts Payable & Receivable Reports
- Trial Balance Services
- Balance Sheet Services
- Cash flow statements
- Invoicing Processing
- Preparing Purchase & Sales Reports
- Inventory Services
- Preparing Ageing Reports & Summaries
- Manual Journal Entry Services
- Accounting Set-up Services
- Audit support
- Consolidation of subsidiary / branch accounts
In addition, we also provide ad-hoc reports that give you better insights on your numbers. Some of these may include:
- Expense category-wise reports
- Customer reports – most profitable customer/ least profitable customer, other trends
- Employee reports – revenues and costs associated with an employee
Greenvissage can generate these reports on monthly, quarterly, half-yearly, and annual basis or at intervals of your need.
Our accounting Services include:
- Financial Reports (General Ledger, Balance Sheet, P&L, Cash Flow, Accounts Receivable & Accounts Payable, Bank Reconciliation)
- Preparing Financial Statement
- Financial Write-up Services
- Accounts Reconciliation
- Invoice/ Order Processing
- Budget & Forecasting
- Fixed Asset Management
Payroll Management might be a mundane task, yet it is important for an organisation. It includes a host of inter-related activities like checking the accuracy of payroll data, incorporating reviews, standard deductions, tax calculations, generating payslips and transferring the salaries to the individual accounts.
Greenvissage undertakes its clients’ entire payroll management process and sets it into a flawless system. Some key benefits of our system:
- The system can be monitored on the web
- Customisable reports at regular intervals
- Standard templates to update and validate data
- Templates that can be uploaded directly to the banking website
- Guaranteed data accuracy and with speed
- Can adapt to organisation’s payroll policies