Finance & Accounting Services

Our Finance & Accounting Outsourcing Services

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Finance & Accounting Services

VOLANS provides outsourced finance and accounting (F&A) services for traditional transactional F&A processes like accounts payable, accounts receivable, billing, cash management, employee salary, travel & entertainment, employee benefits amongst others. We also offer premium higher value services like  statutory & regulatory accounting, financial reporting, corporate tax, budgeting and financial analysis to clients that are looking to outsource their entire finance function to a third party finance & accounting services provider, while they to focus on value addition in their core business processes.

 

The traditional finance function comprised of standard practices like book keeping, expenditure management, cost control and annual reporting. Most of these functions were carried out by in-house teams that worked on physical files or traditional accounting softwares to maintain the account books.

 

The advent of internet, digital businesses and increased globalization in the last two decades completely redefined the role of traditional finance functions. Organizations realized that they could no longer keep their finance teams involved in regular manual tasks but needed them to perform more strategic business functions to ensure business continuity and continue the business growth momentum. Second, with organizations achieving massive scale across geographies, it was impossible to continuously hire new resources to match business scale. It was highly cost intensive to hire and train new finance resources to match the business requirements every quarter. Third, the internet and technology provided them an opportunity to outsource such transactional tasks to external service providers.

 

Outsourcing Finance and Accounting to a third party BPO helped organizations achieve several strategic imperatives. First, it freed up the finance team from performing day-to-day transactional activities and allowed them to focus on strategic decision-making and analytical insights to drive business growth. Second, it reduced manpower costs significantly as organizations no longer needed to incur additional costs of worker benefits on outsourced employees. Third, it reduced recruitment costs and also reduced the burden of internal human resource teams.

 

VOLANS helps organizations operate efficiently with its industry leading outsourced finance and accounting services. Our services help organizations reduce their operational costs significantly without compromising on their finance & accounting activities. We streamline client processes and ensure timely invoicing, bill collection, monthly consolidation and reports to deliver maximum value to our clients and their end customers.

 

Partnering us provides organizations access to a global team of highly talented professionals that include Chartered Accountants, Charted Financial Analysts, Certified Public Accountants, Finance MBAs and accounting professionals across multiple locations in India, the Philippines, US and Canada.  We use leading finance and accounting software and applications to ensure our clients have access to the most advanced technology tools. This ensures limited room for human clerical errors of critical financial numbers and data of our clients.

 

If you are looking for a reliable third party BPO services provider to manage your accounts and financial processes, your search ends with VOLANS. As an F&A partner for some of the most reputed organizations, we are confident of our expertise in this domain. Call or write to us today for a detailed discussion about your business.

 

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