Recent Projects
Finance Function Effectiveness
We were engaged to review key finance processes to reduce the finance cost by bringing in efficiencies. During the project, we mapped and reviewed the AS IS processes and created process documents for all the existing finance processes. We also identified the areas of improvement in existing finance processes, policies, and systems and prepared the implementation plan for improvements.
Virtual CFO
We implemented forecasting and planning function, working capital management and treasury processes for a medium sized organisation based in Singapore and in India. We were also engaged to lay down a billing structure in line with Double Taxation Avoidance Agreement between India and Singapore. We assisted the client in setting up operations in the Special Economic Zone to benefit from direct and indirect tax exemptions.
Optimizing Accounts Receivables - Outsourcing for Billing
Using the Oracle application, we analysed various revenue models and their billing process and ensured timely and accurate processing of 250+ invoices. In addition, we ensured regular reporting and required follow-up with the end customer to ensure faster invoice processing.
Turnaround Strategy
We diagnosed the financial health of sick company which was running into financial trouble. We assisted the client in creating a turnaround strategy, formulating and implementing a comprehensive business plan for 5 years.
Restructuring
We managed the implementation of a large restructuring project spanning across 5 countries and 10,000 employees.
Conversion into LLP
We assisted the client in managing conversion of 3 companies into a Limited Liability Partnership.
COVID - 19 Preparedness
We were engaged to perform scenario analysis, considering various shutdown periods, and to advise and implement, immediate cost cutting measures to conserve cash.
Performance Improvement
We reviewed the Order to Cash process and advised recommendations to increase efficiencies.
Start-up Solution
We assisted a start-up in selecting the right form of legal entity, incorporating the company and providing Virtual CFO services.
Stock Audit
We performed the Physical verification of Fixed Assets and reconciliation of the fixed assets along with assisting in tagging of fixed assets with QR codes.
Conceptualization of a workflow tool
We were engaged to conceptualize a workflow tool for preparation of proposals, tracking engagement deliverables, invoicing and management reporting.
Setup of HR Function
We formulated the HR policies & procedures and the HR manual. We also designed and implemented the Performance Management System.
Standardization of Processes
We were engaged to review, identify the scope for improvement and standardise finance processes across 8 cities in 5 countries to bring in consistencies.
Fixed Asset Register
We reviewed and finalised the FAR of the organization and carried out the physical verification of fixed assets. Additionally, we assisted with tagging fixed assets with QR codes and
reconciled the fixed assets.
Lower Tax Deduction
We assisted the client in preparing financial statements along with filing of Lower tax Deduction application with the Assessing Officer.
