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Outsourcing & Off shoring
Managing internal accounts, payroll and the complexities of compliance
is a crucial cog in the business wheel. We are perfectly equipped to
remove many of the mundane tasks from our clients’ working lives leaving
them free to concentrate on the important issues. For organizations of
all shapes and sizes, the benefits of outsourcing are growing by the
day. These are not merely limited to cutting labor costs. Buying-in
tailored financial expertise can provide continuity, professionalism and
value for money. Our extensive range of specialized outsourced services
allows clients to structure a package most relevant to their needs. The
development of our outsourcing capability has already proven success
with our clients appreciating the benefits of passing some of their
fiscal responsibilities and burden of compliance over to us. Many of
them have found that by moving certain key Singhi Chugh & Kumar services
into their business function, delivering tailored financial support
becomes viable and cost-effective.
Bookkeeping and Management Accounting
Many businesses are unable to support the high cost of establishing a
proper bookkeeping department and management accounting system. Singhi
Chugh & Kumar specializes in assessing individual clients’ needs then
recommending and implementing the appropriate level of service. From
providing monthly management accounts, cash flow forecasting and
analysis of financial results to preparing cheques for approval and
liaising with banks, we are experts in delivering a total service.
Payroll
A substantial number of clients now utilize our rigorously professional,
bespoke payroll service which keeps them informed of their obligations
and makes it easier to pay staff and the tax authority on time. We
tailor the payment of wages and salaries on a weekly or monthly basis to
clients’ individual needs. Given details of the company’s employees, the
service is structured accordingly with relevant compliance matters dealt
with alongside the provision of necessary documentation to employees,
directors and bookkeepers.
Company Secretarial
For most companies it is simply not economical to dedicate staff to this
important function. The statutory obligations can be demanding and if
not properly implemented, directors may find themselves liable to
prosecution and to disqualification. We provide an efficient and
strengthened company secretarial function to our clients in a
professional manner.
Other Services
Our other services include the preparation of accounts, cash flows,
budgets, VAT returns as well as handling day-to-day money management. We
are also able to supply specialist services for international entities
and advice and assistance to new businesses as well as established
business houses. |