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Services Offerings >> Transaction Processing >> Finance Outsourcing

Many companies nowadays prefer to outsource their financial services to offshore destinations. The basic reason for this is that, by outsourcing their financial operations companies can receive huge cost savings and concentrate more on their core competencies. We at Go4Customer understand that a company’s accounting and finance needs cannot be put on hold. From the beginning, errors made in this area can delay or prevent funding, damage important relationships, and even affect important decisions that are still several years ahead.

There are some advantages in outsourcing your financial services to Go4Customer. By finance outsourcing you can save your company a lot of money as you do not need to set up or maintain a separate accounting department. Also you can save up on labor management costs including recruiting and training costs. By outsourcing your financial services you will receive the knowledge and expertise of our ready trained professional staff. Last but not least we can offer you access to the latest technology and improve your accounting management process.

According to a survey by Deloitte & Touche the number of global financial companies moving IT and customer support functions to offshore destinations rose to 38% in 2003. Deloitte & Toche predict that the total financial outsourcing market is going to rise as high as $210 billion in the year 2005. Financial companies are likely to save on an average of $700 billing on operating costs thanks to this. Many quality-certified companies in India are now offering financial outsourcing services and in fact India is rapidly becoming the back office of the world. India has a range of talented workforce that can provide comparably cheaper labor, satisfactory communication infrastructure as well as a sound government making it a profitable destination for financial services outsourcing.

The different financial outsourcing services provided by Go4Customer are designed to meet the accounting, tax, financial management and consulting needs of different companies. We can perform your monthly, quarterly and annual accounting and bookkeeping tasks, or can supplement your company’s present staff to lessen the usage of administrative time. This enables you to concentrate on your core competencies leaving the specialized support functions to professionals.

The services provided by Go4Customer include:
  • Internal audits
  • Financial statement preparation
  • General ledger maintenance
  • Monthly & year-end closing assistance
  • Payroll & sales tax return preparation
  • Account reconciliations
  • Controller & bookkeeper staffing
  • Payroll & accounts payable processing
  • Accounting systems design
  • Accounting staff training
  • Depreciation schedules
  • Accounting software assistance