Finance and Accounting
Are you struggling to manage your finances and accounting operations in-house? Do you want to outsource them to manage them more accurately? Then, welcome to Upverse. We are a trusted finance and accounting outsourcing company in India with decades of cumulative experience and technical expertise to serve you as your outsourcing partners.
Finance and accounting services are one of our core areas of expertise. Thus, we cover various areas with our customized and compliant finance and accounting services in Pune. With our comprehensive support, we aim to help you keep your books updated and stay informed about your business’s financial health at all times. Our clients trust us for our professional approach, subject matter expertise, and transparency of operations.
Our Services
Accounts Payable
Accounts payable is an intricate area, encompassing multiple deliverables. Managing them can prove challenging when you don’t have the required resources. Frequent glitches and inaccuracies can take everything at a toss and tarnish your reputation. Let alone increase the financial liabilities. But not when you have Upverse! We intelligently blend our manual expertise and technological prowess to provide timely and accurate accounts payable services, including the following.
Our expertise includes the following:
- Vendor bills and invoices
- Processing purchase orders (POs)
- Matching invoices with POs
- Processing debit memos
- Processing monthly AP ledgers
- Managing monthly miscellaneous charges and bills
General Accounting
Keeping your regular accounting books updated is more than just an activity. It is a strategy that the most successful organizations adopt. Maintaining updated books and records helps you give a clear picture of your financial standing and make informed financial decisions. It lets you compete better, keep your customers happy, and stay financially healthy. Upverse redefines general accounting with its comprehensive support and professional approach. With us, you will always stay abreast of your financial position. Here’s what we offer when it comes to general accounting services.
Our expertise includes the following:
- Accounts receivable and accounts payable
- General ledger
- Invoicing processing
- Bank account reconciliation
- Trial balancing
- Preparing income statements
- Maintaining expense ledgers
Order-to-Cash
Are you getting stuck somewhere between receiving orders and receiving payments for the orders fulfilled? Well, then you aren’t alone! Many companies fail to complete the O2C process. While some falter due to ignorance, many others don’t have the manpower muscle to do justice to it. If you are one among the latter, we’ve got you with our order-to-cash process. We handhold you throughout the O2C process, including order receipts, receiving advances making post-delivery payment follow-ups, and ensuring receipt of money for the orders delivered.
Financial Planning and Analysis
Finance isn’t merely a department anymore. Given the uncertain, dynamic, and competitive business environment, it has graduated to a strategy. As a contemporary organization, Upverse understands how critical financial planning and analysis (FP&A) is to the survival and growth of every company. Accordingly, we provide economic advisory, planning, and analytical support to companies of varying sizes. Our FP&A support helps businesses manage their finances better, ensure judicious distribution of funds to every business realm, and stay prepared for unforeseen and stressful situations.
Our expertise includes the following:
- Financial modeling
- Budgeting and forecasting
- Strategic planning
- Financial reporting
- Cost management
- Cash flow management
- Investment analysis
- Risk management
- Compliance and governance
Tax Management
India has an intricate tax landscape, comprising complex calculations and complying with numerous taxes. At Upverse, we understand how challenging it can be for a company, especially one that doesn’t have exclusive tax management support. Accordingly, we provide comprehensive tax management services that help companies comply with the country’s taxation needs and keep fines and penalties at bay.
Our expertise includes the following:
- Tax management and advisory
- Advanced tax calculation
- Filing ITR, Wealth Tax, and TDS
- Employee tax management
- Salary structure designing
- Tax auditing
- GST return filing, audit, refund, appeal and tribunal cases
- Income tax transfer pricing
Travel and Expenses
Do your employees travel and raise bills, and reimbursement requests frequently? Travel and related expenses may quickly blow out of proportion if not monitored and managed diligently. However, having in-house checks may not be feasible for every company. This is where Upverse steps in! We help companies manage their travel and expenses, ensure timely and accurate processing of reimbursement requests, police the company’s travel rules and regulations, and work out strategies and measures to curb travel spend.
Cash Treasury and Risk Management
Managing cash flow can become overwhelming, especially when you don’t have the right resources and mechanisms in place. With our cash treasury and risk management services, we aim to manage a company’s cash flows, optimize its liquidity, and mitigate financial risks. All these services aim to strengthen a company’s financial health and improve its fiscal stability.
Our expertise includes the following:
Disbursements and payables management, cash flow forecasting, bank account management, and managing collections and receivables
Credit risk management, market risk management, operational risk management, and compliance and regulatory risk management
Investment management, liquidity management, and debt management
Treasury and risk consultation, mergers and acquisition, and treasury policy development