Finance and accounting outsourcing can enhance business efficiency by (1) providing experience and knowledge from serving diverse industries, (2) allowing businesses to focus on core activities by outsourcing administrative tasks, and (3) utilizing available resources more effectively through outsourced transaction processing and financial services. Outsourcing can save costs, reduce challenges, and provide freedom to focus on the business rather than finance and accounting functions.

1. Acelerar White Paper
Use Finance and Accounting Analytics, Offshoring and
Business Services to Enhance Efficiency
There is no fixed time which is ideal for offshoring finance and accounting services but
considering the current scenario of your business vision, goals and objectives, unique proposition
and the present customer requirements will help you finalize the right decision. However, if you
look forward for professional processes to reduce costs and enhance your business operations
without compromising on your core activities this can be the best option and the need of the hour.
Finance Accounting Analytics, Outsourcing and Business services helps the current business to
avoid inconsistency and challenge of running day to day business by implementation of reliable
business strategies such as timely filling and return of taxes. There will be accurate business
transactions, which will make a sound and enhanced finance and accounting processes.
Though the key factors why most people outsource finance and accounting are lack of essential
skills and lack of time to embark upon pain areas, there are many other reasons why finance and
accounting outsourcing is necessary for every business. The most peculiar reasons for offshoring
business services include:
If you are still not sure on whether to hire finance and accounting
outsourcing vendor or an in-house employee, you should consider this. When you outsource the
service of an expert, you bring with it a diverse pool of experience and knowledge due to the
diversity of the industry.
Professional services:
Acelerar White Paper June 2013

2. Time to focus on your business primary activities:
Administrative efficiency:
Better utilization of available resources:
This is the major reason why most small and
medium businesses outsource bookkeeping. If a professional vendor is hired to perform finance
and accounting activities, you are left with more time to dedicate to your business core activities.
When you offshore or outsource finance and accounting activities, you
eradicate the cost and challenges associated with hiring and training new employees. You will
also not worry about the challenges in defining employee work descriptions and employees'
retention and succession plans.
An in-house employee requires hardware, software and
space to perform accounting and finance activities. When you outsource the service, you can
utilize the resources needed to buy and maintain that equipment on other essential activities.
Transaction wise processing: Receiving and logging your physical and electronic bills &
payments.
Recording and paying your bills.
Generating and sending your invoices.
Recording and depositing payments.
Expense management service, tracking reports, approvals and payments.
Payroll management service, interfacing with client's existing payroll
services or providing our own.
Standard recordkeeping - accruals, month-end close etc.
Account Reconciliation, Intercompany reconciliation and bank & credit card
reconciliation.
A customized financial dashboard which shows current financial health
of your organization.
Regular financial reporting (monthly P/L & balance sheet, variance
analysis).Financial Planning and Analysis: Financial planning and analysis, including budgeting,
forecasting, capital expense planning, etc.
How can Finance and Accounting Analytics, Outsourcing and Business
Services helps in Enhancing Efficiency
Accounts Payables:
Invoicing:
Accounts Receivables:
T&E:
Payroll Services:
General Ledger Services:
Reconciliations:
Financial Dashboard:
Reporting:
Acelerar Press Release
Acelerar White Paper June 2013

3. HEADQUARTERS REGIONAL OFFICE UNITED STATES
Contact: marketing@acelerartech.com
1st Floor, STP-Complex, H-146/147, Third Floor Pruneyard Center
Gomti Nagar, Sector 63, 1999 South Bascom Ave
Lucknow-226010 (UP) Noida-201301 Campbell, CA 95008
India India USA
Tel: +91.923.544.3893 Tel: +91.859.510.9980 Tel: +1.408.426.5817
© 2010 Acelerar. All rights reserved. All brand names and trademarks belong to their respective owners.
Transform procure-to-pay (P2P):
Enhanced order to cash (O2C):
Automate record to report (R2R):
Personal Finance and Accounting Department:
Quality and affordability:
Specialization:
Single point of contact:
Cost savings:
Freedom:
These processes (such as purchasing, accounts payable and
travel and entertainment) are usually manual, with few controls and no end-to-end process view.
State of the art tools can be used to eliminate most, if not all, manual P2Pwork.
These processes (including order management, invoicing,
dispute management, collections and AR lean to have industry specific needs. Using service
providers with industry domain knowledge and expertise can maximize time and cost savings.
Automating steps that do not add value, such as manual
journal processing and reconciliations, minimize manual processing and improve process
predictability and visibility.
We act as your personal Finance and
Accounting Department delivering you customized solutions as per your need.
Get a six-sigma quality services without breaking your reserves.
We have the people, processes and technology optimized for these finance and
accounting functions.
Trust us with all your finance and accounting needs. No more
coordination hassles with different finance and accounting service providers.
Benefit from our cost-optimized delivery approaches and service bundles.
Leave finance and accounting to us and focus on your core competencies
An external service provider can often deliver higher-quality services because of it use of more
experienced personnel, supported by a larger investment in best practice research and
technology.
How can our services help?