Skip to content 
Business Process Outsourcing
Accounting
We provide help to you outsource accounting and bookkeeping services and provides you with accountancy experts and professionals. Our Chartered Accountants professionals make assured you that the transactions are recorded in correct daybook, supplier’s ledger, customer ledger and general ledger. Our expert accountant professionals thus prepare a profit and loss statement and finally a balance sheet. Our outsourcing service consists of all four stages of accounting processes starting from recording of financial transactions in the books of business, classifying the transactions into meaningful and orderly types, summarizing the accounting data into useful reports and interpreting the financial data to assist decision making.
To maintain market leadership, businesses need to leverage disruptive technologies and innovative business models for successful monetization.
From financial and accounting processes our team of professional accountants and specialists in accounting tools like Tally, Zoho, Advance Excel, and more have the expertise to provide a cost-effective solution.
Our outsourcing services are focused at helping clients with the accounting requirements and significantly reducing the operating costs of their finance department.
We provide accounting services through various means such as Manual Book keeping, Computerized, & Online/ software means.
Payroll
Payroll is the most important task of the HR department, which demands accurate, compliant, and timely completion. Errors and inaccurate payroll systems badly affect the employees, entity and reduces the morale of the employees. Further this creates chaos. We accept complete outsourcing of Payroll services as we are specialized in every aspect of the payroll process with high confidentiality, accuracy and integrity. We have a comprehensive and fully automated payroll processing system, using cloud based “Payroll Software”, which ease the employee and employer interaction and establishes simplicity and tackles all aspects of the payroll process.
The payroll management process, in a nutshell, refers to the process of administration of a company’s employee’s financial records. This would include details of the employee’s salaries, incentives, bonuses, deductions, and net pay. An employer must maintain and keep these records as dictated by the law. Not complying with the Income Tax laws pertaining to employee records can be grounds for legal consequences.
The entity may outsource their payroll to us, which enables them to focus on other aspects of running the business.
Compliance
Business is governed by various statutes of the land including both the Central Government and State Governments. The statutes require the business entity to not comply with the provisions of law but also submit and file reports, timely returns, maintenance of records and documentation. Failure to comply with laws, regulations, and standards will affect the entity badly and will also lead to additional cost by way of late fees, penalty, Interest and low corporate governance. We provide compliance management services in the field of Income Tax, Goods and Service Tax (GST), FEMA, Companies Act 2013, Shops and Establishment Act, Professional Tax Act, STPI/NSTPI Softex Filing, Societies Act and labour laws. These compliance management services include, comprehensive handling of compliances for the entity as a whole through outsourcing the contract to us. We also have ‘Compliance Review’ services wherein periodic review of entities regulatory compliances through Interim Audits, Internal Audits and Due-diligence, etc will be conducted.
The landscape of statutes of labour laws is constantly evolving, and it takes a special agility to keep abreast of all the latest developments and ensure compliance. At HVJ & Associates, we offer compliance services that perfectly meet your organisation’s requirements. It is absolutely imperative to comply with all legal and statutory norms for businesses to operate successfully in India. This often involves significant investment of resources, time, and continuous monitoring to be in the know of all the changes that are happening, in order to be compliant and avoid penalties.
Management
Virtual CFO is an outsourced service provider offering High Skilled Assistance to the business entities in the financial requirements of an organization, just like a chief financial officer does for large organizations. The primary role of a CFO is to oversee the financial planning, maintain and report on the financial activities, and manage financial risk and Statutory compliance of the business. A virtual CFO provides the same services but since the common clientele of a virtual CFO, are small businesses and startups, certain more services are expected of them. Our team can assist your company to manage finance and we have trained team who will assist the entity in financial planning, maintain and report on the financial activities, and manage financial risk and Statutory compliance, analysing current financial position, identifying weakness and opportunities, offering solutions to achieve financial goals in a best possible way.
CFO has traditionally been the guardian of shareholder value and financial integrity. S/he has also been the source of financial acumen, defining the financial growth and metrics that define how the company measures success, and protecting the enterprise against value destruction. Now, the CFO role is expanding to include being the company’s premier champion of strategic discipline as well. S/he now co-leads the business with responsibility for multiple functions “such as a strategist, a risk manager, a data scientist while at the same time aiding with business process reengineering” as well as overseeing the traditional accounting. Ranging from a fiduciary role (a custodian preserving value) to a visionary one (an architect creating value), the CFO today has differentiating capabilities that focus on turning data into insight and more importantly, insight into foresight.
