End-to-end Consulting Services
Finance & Accounting
Finance and Accounting
Improve your bottom line with Globalscient finance and accounting outsourcing solutions, built to achieve high-performance results.
Globalscient Solutions provides best solutions for outsourcing your Finance & Accounts outsourcing requirements. The services offered aim to meet client’s business objectives as well as cost-optimization goals.
We deal with global clients and provide customized solutions for many industries namely Telecom, Retail and e-Commerce, BFSI, Infrastructure, Healthcare
Our Finance and Accounting Services
We provide our clients managed Finance and Accounting Outsourcing Services at the lowest possible costs so that they can focus on their core business activities while saving a significant amount of overhead costs as well.
The first and foremost benefit of outsourced accounts payable is that it helps to enhance the working capital of the business and ensures its optimal use. Our account payable services
- Batch preparation
- Document storage and retrieval
- Receiving and processing incoming data
- Audit and reconciliation of invoices
- Three-way database matching
- Electronic invoice processing
Data Processing — Exception
- Approval and exception routing
- Smooth Month End closing process
Our Accounts Receivable solution is comprehensive yet completely flexible, and thereby enables clients to choose from the entire bouquet of services.
- Billings preparation and mailing after customer approval
- Record and account for revenue
- Entering receivable transactions into the accounting system
- Preparing and delivering periodic statements
- Issuing of credit memos and refund checks approved by the customer
- Maintaining subsidiary receivables ledger
- Applying cash received to customer accounts and resolving short pays
- Preparing accounts receivable reports
- Accounts receivable deductions management (AR deductions management) services
- Call to Collect Services
- Field recovery services
- Collection Accounting/Cash
- Application Services
Globalscient provide streamlined quality control procedures using automated reports and online tools to ensure high levels of accuracy. Our services include:
- Inter Company Reconciliation
- Bank Reconciliation
- Inventory Reconciliation
- Vendor Reconciliation
- GL Reconciliation
Fixed Assets Management
Globalscient offers a SaaS Model solution for supplementing service delivery in the area of fixed asset life cycle management. Our services include:
- Physical verification and tagging
- Capitalization and Fixed asset maintenance and FA accounting
- Web-based mobile application
Business Incorporation and Setup
Globalscient Solutions provides services to organizations across India, USA
- Structuring of Companies
- Drafting of MOA / AOA
- Submission of MOA / AOA and satisfying queries of ROC, if any.
- Applying for Directors Identification No. (DIN) and Digital signatures (DSC)
- Opening of bank account
- GST Registration
- Import-export Code
- PF, ESIC, Shops, and Establishments & P Tax
- Compliance to RBI and other regulatory body requirements for foreign investment compliance
- Recruitment services
- Staffing Solutions-employees can be on Mynd’s rolls before the client’s company is incorporated and management of pre-operative expenses.
Book-keeping and Financial Reporting
Our Bookkeeping, General Accounting & Financial Reporting services facilitate businesses to get crucial information and achieve their goals with minimal cost. Our experienced team provides all the required insights to them when they need.
- Double Entry Accounting System
- Accrual Basis Accounting
- Recording of every transaction
- Month End Closing
- Employee Claim Reimbursement
- Vendor Payment
- Vendor Reconciliation
- Audit Support
- Budgeting & Forecasting
- Fixed Asset Accounting
- Cost Accounting
- Profit & Loss Statement preparation
- Balance Sheet maintenance
- Corporate Consolidation
Why work with Globalscient?
Globalscient is proud to boast of its capabilities as a specialized domestic Finance & Accounting service provider. We offer our clients several unique differentiators under F&A services that set us apart from the rest.
- Industry-specific solutions.
- Complimenting Onsite and Offsite solution
- Transaction Management, Process Set up & Consulting, Audit and Assurance under one roof
- Knowledge and experience of working on multiple ERPs & reporting platforms
- SLAs keeping in mind business objectives
- Project Management Approach for transition and operations management
- MIS designed to provide 100% transparency to clients
- Enhancing Value through the integration of BPM Technology
- Global F&A delivery Capability
What clients say?
We had approached Globalscient to explore the possibility of an RPO assignment at GSK. They came back to us with a very workable model and provided an implant to carry out part of our Hiring work. Since the time we signed them up, we have experienced the drive with which their team works. We look forward to continuing our association with Globalscient.
eShakti.com engaged Globalscient more than a year back with the purpose of streamlining the HR policies and processes. During this time, we have found their work to be commendable. Their support during the consolidation exercise was very helpful and things were managed quite professionally. Access to their senior partners brings value
Please fill the form to book your appointment today and our experts will get back to you as soon as possible.
A-153, Ganesh Nagar,
New Delhi – 110018, India