Outsourcing is a model of strategic management which consists of transferring to an external service provider all or part of the management of one or several functions of the company in exchange of a guarantee of quality of service and at a price defined within the framework of a partnership agreement.
Can be referred to: Service, R & D, Data Processing, Financial Accounting (F&A BPO: Financial & Accounting Business Process Outsourcing).
In a highly competitive context where the markets evolve quickly and in an unpredictable manner, the companies must meet the demands of improving productivity and operational effectiveness while controlling the costs.
As the corporate world changes, outsourcing is the most flexible answer to meet the constant needs of adaptation and flexibility of the company. This solution is not reserved only for the big companies.
Benefits of outsourcing :
While outsourcing was in the beginning considered as a solution to meet the specific needs for adaptation at operational level, it is becoming more and more a strategic tool intended to optimize the competitiveness of the company.
Expected benefits for the companies:
1. To make the company more competitive while remaining focused on its core activity (the internal resources are liberalized and can be assigned to added-value tasks).
2. Cost Reduction and optimization.
3. Flexibility of the human resource management.
4. Reinforced traceability and control of the activity.
5. Compliance with the accounting and taxation rules.
Opinion of the leaders: reluctance is soon overcome :
Among 25.6% of companies which have made the choice of outsourcing their accountancy, 86% consider that it was "a good thing" and 10% propose it in their projects) => 1/3 of the companies are directly concerned.
According to a FIPO (French Institute of Public Opinion) study in 2007 for Grant Thornton Consulting on a representative sample of 700 managers of companies having 100 to 2000 employees:
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90% are declared satisfied and 27% are even estimated very satisfied.
The services are judged in accordance with the level of expectations:
For 84% as regards to quality of service
For 82% as regards to costs
Another study (Proud foot and Gallup Institute) carried out on more than 300 managers in 9 European countries consolidates the results of the French study, the expected benefits of the outsourcing are achieved for more than 60% of the companies, 4% even consider to have gone beyond. As for the failures, they account for only 3% of the cases and mainly relate to the telecom/high tech industry.
These studies also show that SME are more and more tempted to follow the example of the large enterprises, precursors in the matter, the more so as they can profit today from the experiential feedback of the latter.
Our Range of Approaches :
We Render the following Services :
 Service Tax (ST) |
MIS Reports |
| Value Added Tax (VAT) |
Cost Control Process |
| Income Tax (IT) |
Payroll Outsourcing Services |
| Tax Deducted at Source (TDS) |
Company Law & Secretarial Matters |
| Professional Tax (PT) |
Management Assurance Services |
| Provident Fund (PF) |
Auditing |
| Employee State Insurance (ESI) |
Statutory Compliance Outsourcing |
| Central Excise |
HR Consultancy |
| Taxation |
Document Processing |
| IE Code |
SSI Registration - MICRO, MACRO & Small Scale Industries |
| EPCG |
Accounting and Book-keeping |
| Foreign Trade |
Pre-Launch and Other Consultancy Services |
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