Accounting & Payroll for Indian SMB

Accounting & Payroll for Indian SMB

Helping 100+ SMBs make smarter financial decisions everyday

With a trusted FinOps partner on their side, small enterprises can focus on their core business while leaving the complex, financial operations and everyday accounting decisions to us

CFO, Controller, Accountant, MIS, Payroll agency u2013 All the expertise on a scalable model

SMBs can pay per use and get end-to-end finance and accounting expertise

Accounting & Payroll for Indian SMB

A smarter way for small businesses to focus on growth, without worrying about F&A costs, competence, and compliance

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Is Accounting and Compliances draining your resources ?
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Does not getting timely financial reports hampering your business growth ?
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Make your Payroll process predictable, reliable and timely
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Base your business strategy on insights, not intuitions
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Take guess work out of your business decisions
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Why Dedicated Accounting Seat?

Worry-free outsourcing so that you can focus on your core business
Helping 100+ SMBs make smarter financial decisions everyday

With a trusted FinOps partner on their side, small enterprises can focus on their core business while leaving the complex, financial operations and everyday accounting decisions to us

CFO, Controller, Accountant, MIS, Payroll agency – All the expertise on a scalable model

SMBs can pay per use and get end-to-end finance and accounting expertise

Accounting & Payroll for Indian SMB

A smarter way for small businesses to focus on growth, without worrying about F&A costs, competence, and compliance

Leading Accounting and Payroll Service Providers for Indian SMBs

Finsmart is helping 150+ SMBs every day to make smarter financial decisions

In the last 15 years, 150+ businesses have trusted Finsmart to streamline their accounting and payroll operations and get the right financial insights in a timely manner. No wonder, we are trusted by organisations for payroll outsourcing services in India. 

Finsmart combines AI-powered technology with human judgment to automate and streamline Accounting, Payroll, Compliances and enable timely Financial MIS to the Management. Our technology simplifies and accelerates processes, ensures timely deliverables, and provides reports with actionable insights for your business growth. Finsmart’s holistic partnership approach brings you a seamless outsourcing experience for you and your team.

Why Accounting & Payroll for Indian SMB?

Finsmartu2019s accounts payables (AP) and accounts receivables (AR) service can help reduce your cash flow burdens. We also aid to reduce your AP and AR processing costs, which will further improve your working capital. We speak your language u2013 Both English and the language of your software. Our trained professionals effectively communicate with your teams; we operate on almost all leading global accounting platforms including in-house software.
From Procurement to pay, our AP service provides

Increased controls
nIncreased efficiency
nEnhanced savings

From Order to cash, our AR service provides

Decreasednumber of DSO's (days sales outstanding)
nIncreased visible into bad debts
nEffective credit controls

Why Accounting & Payroll for Indian SMB?

AI-powered FinOps

With AI-powered technilogy and human expertise, we ensure timely deliveries and nnstreamlined processes

Flexi-teh

Experience inworking across multiple accounting platforms, including custom software

Flexi-scale

Dedicated remote teams shared resources and on-demand staffing

Secure-link

Secured data through a tech-monitored and need-based access model

Services We Offer

1. Why Accounting & Payroll for Indian SMB?

Accounting and compliance processes can be a huge drain for an organization’s man-hours, especially with the effort required to understand and adapt to ever-changing tax laws. Constantly hiring, re-hiring and training accounting resources on internal processes and industry nuances can be detrimental to overall productivity and cost-efficiency. Leverage Finsmart’s services so that your accounting and compliance needs are met seamlessly. Re-allocate employees to critical business areas and revenue-generating tasks. Our resources have deep domain expertise and are trained on changes in laws and regulations on an ongoing basis so that your compliance needs are taken care of, with no effort required from your end. Finsmart offers end-to-end services from billing to bookkeeping and provides monthly reports on cash flows and profitability.

2. Payroll Management

Heavy workloads can sometimes impact crucial areas such as payroll management. A disciplined payroll function, however, is key to maintaining employee morale and the image of the organization. Win employee goodwill permanently by switching your payroll management process to the autopilot mode with Finsmart. We ensure 100% data security as well as timeliness of salary payments, reliability, and quick resolution of employee queries.
Scope of service:

3. Accounts Review and MIS

Finding high-quality accountants to review your books is no longer a problem your business needs to grapple with. With our Accounts Review and MIS services, we ensure that your month-end reviews, P&L reports, and compliance processes will be timely, efficient, and accurate. Furthermore, make your business decisions with confidence based on solid data and business intelligence through our MIS reports.
Scope of service:

4. CFO and Controller Services

How can you consistently hit your growth targets when your business decisions are based on incomplete and inaccurate financial information? In today’s landscape of cutting-edge competition, the organizations that are succeeding are the ones making data-driven choices.
Operating without business metrics and an intelligent dashboard that simplifies data can cause you to make blind financial decisions, and lose visibility of cash flow management cycles. Our CFO and Controller Services are designed to address all your financial intelligence needs, providing you with timely advice, reports, and metrics. Navigate business risks with confidence, and never miss business opportunities due to a lack of data or financial insights again.
Scope of service:

Services We Offer

Why Accounting & Payroll for
Indian SMB?

Accounting and compliance processes can be a huge drain for an organization’s man-hours, especially with the effort required to understand and adapt to ever-changing tax laws. Constantly hiring, re-hiring and training accounting resources on internal processes and industry nuances can be detrimental to overall productivity and cost-efficiency. Leverage Finsmart’s services so that your accounting and compliance needs are met seamlessly. Re-allocate employees to critical business areas and revenue-generating tasks. Our resources have deep domain expertise and are trained on changes in laws and regulations on an ongoing basis so that your compliance needs are taken care of, with no effort required from your end. Finsmart offers end-to-end services from billing to bookkeeping and provides monthly reports on cash flows and profitability.
Scope of service:
  • Bookkeeping and Accounting Entries
  • Reconciliations
  • Monthly closing of financial data
  • GST and TDS compliance
  • Management reports

Payroll
Management

Heavy workloads can sometimes impact crucial areas such as payroll management. A disciplined payroll function, however, is key to maintaining employee morale and the image of the organization. Win employee goodwill permanently by switching your payroll management process to the autopilot mode with Finsmart. We ensure 100% data security as well as timeliness of salary payments, reliability, and quick resolution of employee queries.
Scope of service:
  • Monthly payroll processing
  • Calculation of payroll statutory dues
  • Preparation and distribution of employee pay-slips and tax reports
  • Payroll Reports
  • PF, ESIC and other payroll compliance
  • Filing of e-TDS Returns
  • Annual verification of investment information
  • Issuance of Form-16 to employees

Accounts Review and MIS

Finding high-quality accountants to review your books is no longer a problem your business needs to grapple with. With our Accounts Review and MIS services, we ensure that your month-end reviews, P&L reports, and compliance processes will be timely, efficient, and accurate. Furthermore, make your business decisions with confidence based on solid data and business intelligence through our MIS reports.
Scope of service:
  • Accounting data Review
  • Monthly closing of financial data
  • Management Reports
  • MIS review calls

CFO and Controller Services

How can you consistently hit your growth targets when your business decisions are based on incomplete and inaccurate financial information? In today’s landscape of cutting-edge competition, the organizations that are succeeding are the ones making data-driven choices.
Operating without business metrics and an intelligent dashboard that simplifies data can cause you to make blind financial decisions, and lose visibility of cash flow management cycles. Our CFO and Controller Services are designed to address all your financial intelligence needs, providing you with timely advice, reports, and metrics. Navigate business risks with confidence, and never miss business opportunities due to a lack of data or financial insights again.
Scope of service:
  • Business-aligned MIS systems
  • Financial statement analysis
  • Cash flow reports
  • Monthly board pack report
  • Monthly calls with CFO
  • Business and finance consultation

Accounting and Payroll Outsourcing Services We Offer

1. Accounting and Compliance

Accounting and compliance processes can be a huge drain for an organization’s man-hours, especially with the effort required to understand and adapt to ever-changing tax laws. Constantly hiring, re-hiring and training accounting resources on internal processes and industry nuances can be detrimental to overall productivity and cost-efficiency. Leverage Finsmart’s payroll outsourcing services in India so that your accounting and compliance needs are met seamlessly. Re-allocate employees to critical business areas and revenue-generating tasks. 

Our resources have deep domain expertise and are trained on changes in laws and regulations on an ongoing basis so that your compliance needs are taken care of, with no effort required from your end. Finsmart offers end-to-end payroll and accounting outsourcing services to Indian SMBs including billing, bookkeeping and also providing monthly reports on cash flows and profitability. 

Scope of service:
  • Bookkeeping and Accounting Entries
  • Reconciliations
  • Monthly closing of financial data
  • GST and TDS compliance
  • Management reports

2. Payroll Management

Heavy workloads can sometimes impact crucial areas such as payroll management. A disciplined payroll function, however, is key to maintaining employee morale and the image of the organization. Win employee goodwill permanently by switching your payroll management process to the autopilot mode with Finsmart’s payroll outsourcing services in India. We ensure 100% data security as well as timeliness of salary payments, reliability, and quick resolution of employee queries. 

Scope of service:
  • Monthly payroll processing
  • Calculation of payroll statutory dues
  • Preparation and distribution of employee pay-slips and tax reports
  • Payroll Reports
  • PF, ESIC and other payroll compliance
  • Filing of e-TDS Returns
  • Annual verification of investment information
  • Issuance of Form-16 to employees

3. Accounts Review and MIS

business needs to grapple with. With our Accounts Review and MIS services, we ensure that your month-end reviews, P&L reports, and compliance processes will be timely, efficient, and accurate. Furthermore, make your business decisions with confidence based on solid data and business intelligence through our MIS reports.

Scope of service:
  1. Accounting data Review
  2. Monthly closing of financial data
  3. Management Reports
  4. MIS review calls

Email at info@finsmart.co.in to request specific info on payroll outsourcing services in India.

4. CFO and Controller Services

How can you consistently hit your growth targets when your business decisions are based on incomplete and inaccurate financial information? In today’s landscape of cutting-edge competition, the organizations that are succeeding are the ones making data-driven choices.

Operating without business metrics and an intelligent dashboard that simplifies data can cause you to make blind financial decisions, and lose visibility of cash flow management cycles. Our CFO and Controller Services are designed to address all your financial intelligence needs, providing you with timely advice, reports, and metrics. Navigate business risks with confidence, and never miss business opportunities due to a lack of data or financial insights again.

Scope of service:
  • Business-aligned MIS systems
  • Financial statement analysis
  • Cash flow reports
  • Monthly board pack report
  • Monthly calls with CFO
  • Business and finance consultation

Why Choose Finsmart ?

AI-powered FinOps

With AI Powered technology blended with human expertise we ensure high accuracy, timely deliverables and streamlined processes giving seamless outsourcing experience.

Flexi-teh Model

ensures our expertise across several leading accounting software and new generation cloud based tools and apps while helps seamless transition of data from both ends.

Flexi-scale Model

offers scalable teams of remote staff, with right sizing options to meet your evolving requirements.

Secure-link Solution

ensures privacy of our clients’ data and provides need-based access to the various team members at both ends.

Client Connect

Our experts believe in constant and ongoing communication to understand your business objectives and deliver not just outcomes, but results.

Why Choose Finsmart ?

AI-powered FinOps

With AI Powered technology blended with human expertise we ensure high accuracy, timely deliverables and streamlined processes giving seamless outsourcing experience.

Flexi-tech Model

ensures our expertise across several leading accounting software and new generation cloud based tools and apps while helps seamless transition of data from both ends.

Flexi-scale Model

offers scalable teams of remote staff, with right sizing options to meet your evolving requirements.

Secure-link Solution

ensures privacy of our clients’ data and provides need-based access to the various team members at both ends.

Client Connect

Our experts believe in constant and ongoing communication to understand your business objectives and deliver not just outcomes, but results.

SPEND ALL YOUR TIME ON ADDING CLIENTS AND GROWING YOUR BUSINESS

Sign up process

1
Agreement sign off

Resource Onboarding
2

3
Client Training

Test Run
4

5
Test Review

Go Live
6

Sign up process

1.
Agreement sign off
2.
Resource Onboarding
3.
Client Training on Tools & Technology
4.
Test Run
5.
Test Review
6.
Go Live

Sign up process

1.
Analyze requirements

Get on a call with the Finsmart team to understand your outsourcing needs and volume of transactions.

2.
Choose Service

Pick the right offering for you from our startup, basic, plus or Premium packages.

3.
Select add-ons

Avail customized additional services including payroll, ROC Compliance and reporting.

4.
Sign Up

Finalize the Contract with us.

5.
Onboard

Get on a call with our Operations team to get know the project manager and team members.

6.
Get Started

We take over from here. You will get timely reports and can review our work during the weekly and monthly calls.

How to Sign up

Select Services

- Dedicated Accounting Seats
n- Hourly Accounting Seats
n- USA TAx Seats

Select Resources

- Trained Accounting Resource
n- Multiple Accounting Resources with Project Manager

Complete Resource on-boarding

- Knowledge Transfer
n- Test Environment signoff
n Go Live

Featured Case Studies

Featured Blogs

9 Benefits of outsourcing accounting and bookkeeping services

9 Benefits of outsourcing accounting and bookkeeping services

Outsourcing accounting & bookkeeping Introduction In the current time, it is challenging to find a qualified and eligible person or agency to grant their accounting or bookkeeping services at an affordable price. It is very challenging for small businesses, entrepreneurs, and startups to get an accountant because of the lack of money. They need the … Continue reading “9 Benefits of outsourcing accounting and bookkeeping services”

How better payroll management lead to happier employees? – Finsmart

Managing payroll information isn’t just about sending off cheques, releasing salaries, and keeping records. It is highly concerned with the organization’s relationship with its employees, handling their grievances, and standing answerable to their concerns and queries.  If an organization aces its payroll management, employees are always going to be smiling… and working. How do you … Continue reading “How better payroll management lead to happier employees? – Finsmart”

Finsmart Reviews 2022: Hear What Clients Have to Say

For more than a decade, Finsmart has been delivering a vast range of accounting, taxation, and payroll outsourcing solutions to SMBs, accounting firms, and CPAs across the globe. No wonder, we are widely reviewed and recommended as an accounting outsourcing company in India. However, a lot of these reviews reach us through email and chat. … Continue reading “Finsmart Reviews 2022: Hear What Clients Have to Say”

Outsourced Bookkeeping Services for CPAs: 9 Hiring Tips + Benefits

In the last decade, the demand for outsourced bookkeeping services in India has grown a lot among global CPAs and mid-level accounting firms. That’s because every CPA firm now wants to leverage on CAS (Client Accounting Service) to increase their profitability and scale their practice. By outsourcing the routine Bookkeeping Service, the owners and partners … Continue reading “Outsourced Bookkeeping Services for CPAs: 9 Hiring Tips + Benefits”

Get in touch with us

    Dedicated Accounting Seat

    Basic savings ideal for low balances and first-time savers

    MONTHLY MAINTENANCE FEE

    $4n

    MINIMUM OPENING DEPOSIT

    $25n

    Package Money Market

    Competitive savings accountu00a0rates only for Gold Checking Packageu00a0customers

    MONTHLY MAINTENANCE FEE

    $4n

    MINIMUM OPENING DEPOSIT

    $25n