Financial Process Outsourcing

We, at RSM Astute, possess the necessary expertise and relevant resources required to provide cost effective and high quality Accounting and Business Process Outsourcing services. Such outsourcing of non-critical functions allows our clients to concentrate and invest resources in their core business, by freeing up their valuable management time.

RSM Astute provides assistance on a wide variety of accounting processes ranging from bookkeeping to accounts, payroll processing, finalization and tax work. We manage your accounts with high level of professionalism, accuracy and timeliness. RSM Astute has also developed a specialized team to provide services for new emerging areas, vis-à-vis:

• IFRS Consulting
• GST Transition

What We Do

Onsite as well as offsite Financial Process Outsourcing including the following:

• Comprehensive Bookkeeping & Accounts Processing
• Periodic review and finalization of Accounts & Financial Statements including IFRS Financial Statements
• Monthly Management Accounts and Quarterly VAT/GST returns
• Payroll Processing
• Compliance Assurance (Direct and Indirect Taxes)
• Transaction Processing Services
  • Purchase Payment Processing
  • Sales Invoice Processing
  • Accounts Receivable / Payable
  • Compilation of Fixed Assets Register
  • Travel Claims Management:
  • Reconciliation Jobs (Bank, Payables, Receivables, etc.)

We also help organizations to meet some of their immediate requirements by deputing appropriate personnel based on the client specific needs.

Advantage RSM Astute

Our following strengths help our clients recognize the advantages of outsourcing their accounting and other business processing needs to us:

• Well experienced and highly skilled professional staff with proven project management skills
• International orientation
• Dedicated teams for specific clients
• Exposure to varied industries such as finance, manufacturing, entertainment, service, retail and hospitality
• Comprehensive knowledge and vast experience of various accounting practices

• Internal Quality Assurance processes: RSM Astute ensures that for all its key engagements, there is a quality assurance review and monitoring by an independent team.
• Process orientation: We ensure that all the processes are appropriately captured and shared with our operating and supervisory teams to ensure smooth functioning and proper controls. These processes are captured in engagement specific Accounting manuals, Compliance manuals and Area specific checklists which we prepare as Assignment Controlling and Monitoring tools.
• Independent Quality monitoring cell: We have a separate Quality Monitoring cell which is entrusted with the task of ensuring that all the specified quality assurance activities for each engagement are effectively followed.
• Effective and elaborate transition / migration process: For each of our engagements, we have a detailed transition/migration process agreed upon with our clients.
• Commitment to timely delivery
• Training: All our accounting outsourcing personnel across India undergo a monthly training on various relevant matters and updates.
• Providing periodical updates on key changes happening in the accounting and compliance areas to our delivery teams through Monthly News Letters / Flash Reports.

• Well conversant with emerging technologies: RSM Astute focuses on leveraging the latest available technologies to enable cost-effective accounting outsourcing solutions
• Our team is well conversant with the various ERP as well as standalone accounting softwares

• RSM Astute Consulting Group (along with its affiliates) together has been ranked as the 5th largest accounting and consulting group in India (International Accounting Bulletin - September 2010).
• Extensive experience in advisory, taxation and accounting matters across various industries and service verticals.
• Multi-disciplinary team of professionals comprising of Chartered Accountants, MBAs, Engineers, Company Secretaries, CISA / DISA, Cost Accountants and Law graduates.
• Indian personnel strength of over 800 people having expertise in diverse fields and Nation wide presence.