Accounting & Compliance

  • Accounts Payable
  • Vendor Master control
  • Invoice verification & accounting
  • Payment accounting
  • Employee reimbursements, advances & settlement processing
  • Debit & Credit note accounting
  • Vendor enquiries
  • Payables reporting
  • Accounts Receivable
  • Contract Management
  • Customer Master control
  • Customer invoicing (if needed)
  • Accounting of invoices & receipts
  • Revenue recognition
  • Month-end close Process
  • Receivable enquiries
  • Receivable reporting
  • Compliance
  • Handling GST related compliances
  • Handling TDS/withholding tax compliance
  • Assistance in computation of quarterly advance tax.
  • Assistance with Filing of return of income

Why Outsource to (or Partner with ) iRaise

  • iRaise Team of Consultants have a combined experience of over 100+ Years’ in Finance & Compliance Management
  • 24/7 Support, if required, for continuity of business
  • Scalable and flexible services to suit our customers’ ever changing business needs
  • Data Security and Disaster recovery systems
  • We work as an extension of the client’s internal team – ensuring seamless and uninterrupted service
  • Our solutions are tailored for your unique business needs with flexible engagement models

A Success Story

 
About Our Customer
Business Need
Our Solution
Business Benefit
  • The customer provides cutting edge marketing solutions to companies to help them achieve their growth targets.
  • Headquartered in California, US
  • Back office: Bengaluru, India
  • Creating value for IT Services Company through prudent financial management
iraiseconsultants
  • To turn around the financial health of the Customer, in order to post profits and revenue growth.
  • Thestrained financial situation, made worse by the Pandemic , required to be immediately addressed
  • iRAISE CFO was hired in 2019.
  • Actionable MIS reports were tabled which, helped the management in sound decision making
  • Control systems were put in place to optimize the available resources and enhance productivity
  • Introduced efficient Performance Management System to drive accountability at all levels
  • Profitability increased by 7% in 2020 and 13% in 2021
  • 11% increase in the Billable Utilization
  • Better Cash Flow & Risk Management