
Outsourcing
is an arrangement in which one company provides services for another company
that could also be or usually have been provided in-house.
Outsourcing in India has experienced explosive growth with overseas
companies getting everything from their customer support work to technology
done here. The main concern of booming this sector in India is the cost
factor and whether outsourcing to India is still profitable. Salaries of
Indian professionals are rising and overseas customers are unsure whether
the cost savings are attractive enough to send work overseas.
There is so much work pouring this field, that cities in the country
concern over their capacity in terms of infrastructure, costs, attrition
rates, resources, etc, to cater to this growth.
Outsourcing is a trend that is becoming more common in information
technology (IT) and other industries for services that have usually been
regarded as intrinsic to managing a business.
In some cases, the entire information management of a company is
outsourced, including planning and business analysis as well as the
installation, management, and servicing of the network and workstations.
Outsourcing can range from the large contract in which an IT company
manages IT services for an other company to the practice of hiring
contractors and temporary office workers on an individual basis.
We also provides world class infrastructure for outsourcing
centers for data processing with data seurity and integrity and taking up
the projects of BPO, KPO and LPO.
Some of the general services provided by RENUKA INFOCOM PVT LTD are:
- Accounts Receivables and Payables.
- Inventory Management.
- Sales Order Processing.
- Budget Analysis.
- Cash and Bank flow Analysis.
- Cash and Bank Reconciliation.
- Data Entry and Data digitization.
- Payroll Processing.
- Quick Books accounting.
- Peachtree accounting.
- Preparation of Financial Statements.
- E-Accounting Services.
- Some of the web based services include live online sales and
order entry.
- E-commerce transaction support.
- Live online enquiry handling.
- Web Design/Development.
- M.I.S. Reports Formation.
- Auditing Services.
- Consultancy for setting up new business in India.
- Handling Turnkey Projects for BPO, KPO, LPO.
- Specialized Professional services as per various laws.
- 1040 USA individual tax returns.
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Outsourcing can help you become more competitive by ensuring that you
get the service you need when you need it. But, you have to pick the right
outsourcing partner - one that can deliver, has access to significant
resources, uses a shared infrastructure, and provides you with appropriate
SLAS (Service Level Agreement).
Our Outsourcing Strategy for Clients:
We are doing the outsourcing for numbers of clients
situated at global positions whether it is US , UK , Australia , Singapore
or even domestic outsourcing too. The quality of services provided by us
speaks the worldwide location of clients that we have achieved so far. We
want to give world class services through our world class infrastructure to
our growing number of clients.
Outsourcing by RENUKA INFOCOM PVT. LTD. can provide a number
of long-term benefits and includes :-
- Quick Books & Peach Tree Accounting.
- 1040 USA Individual Tax Returns.
- Accounts Management.
- Invoice Processing.
- Accounts Receivable.
- Accounts Payable.
- Bank and Cash Management.
- Bank and Cash Reconciliation.
- Maintenance of books of accounts.
- Transaction Processing.
- M.I.S. Reporting.
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Our Specialized outsourcing services includes :-
- Auditing of books of accounts.
- Payroll Processing.
- Consultancy as per Indian Tax Laws.
- Finalization of accounts as per Tax Laws.
- Company Law Matters as per Companies Act.
- E-Filing of documents using FTP.
- VAT Consultancy and Processing.
- Consultancy for setting up of new ventures in India.
- E-commerce Services.
- Issuing of Digital signatures Certificates.
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Why To outsource To Renuka Infocom Pvt. Ltd. in INDIA?
» Control Capital Costs :
Cost-cutting is the major factor to outsource. Outsourcing converts fixed
costs into variable costs, releases capital for investment elsewhere in your
business, and allows you to avoid large expenditures in the early stages of
business. Outsourcing can also make your firm more attractive to investors,
since youre able to pump more capital directly into revenue-producing
activities.
» Increase Efficiency :-
Companies that do everything themselves have much higher research,
development, marketing and distribution expenses, all of which must be
passed on to customers. An outside providers cost structure and
economy of scale can give your firm an important competitive advantage.
» Reduce Labor Costs :-
Hiring and training staff for short-term or peripheral projects can be very
expensive, and temporary employees dont always live up to your
expectations. Outsourcing lets you focus your human resources where you need
them most.
» Start new projects quickly : -
A good outsourcing firm has the resources to start a project right away.
Handling the same project in house might involve taking weeks or months to
hire the right people, train them and provide the support they need. And if
a project requires major capital investments, the startup process can be
even more difficult.
» Focus on your Core Business :-
Every business has limited resources, and every manager has limited time
and attention. Outsourcing can help your business to shift its focus from
peripheral activities toward work that serves the customer, and it can help
managers set their priorities more clearly.
» Level the Playing Field :-
Most small firms simply cant afford to match the in-house support
services that larger companies maintain. Outsourcing can help small firms
act "big" by giving them access to the same economies of scale,
efficiency and expertise that large companies enjoy.
» Reduce Risk :-
Every business investment carries a certain amount of risk. Markets,
competition, government regulations, financial conditions and technologies
all change very quickly. Outsourcing providers assume and manage this risk
for you, and they generally are much better at deciding how to avoid risk in
their areas of expertise.
» Proper Book-Keeping :-
Book-keeping isn't just a means of satisfying the tax man, it can tell you
an awful lot about your business - how well it is performing, how you could
cut costs, which of your customers are buying from you the most etc. So
book-keeping is extremely important. In order for your accountant to
provide this information for you, they will need a certain amount of data
which you have pulled together over a twelve month period.
Neglecting your book keeping could cost you a lot of money in the long term
as it would take your accountant twice as long to draw up your accounts at
your year end. Life is hectic enough when you first set out in business, but
you should always make time for book keeping. If you can afford it, get
some-one in to help keep your books in order