- On September 8, 2016
Outsourcing has long been viewed as just a means to cut costs. Today however, it has developed an identity of its own; characterised by professionals who believe in delivering top notch services which are reliable, cost effective and timely – all at a competitive price.
Outsourcing understands that it is essential for the client to retain control of their outsourced finance functions. Thus a client’s outsourced team is exactly that: THEIR team. The team works with the client to manage the accounting functions the client decides to outsource.
Focus on the Big Picture
An outsourced service provider will usually appoint a qualified Chartered Accountant to manage the staff performing the client’s outsourced accounting functions. This means that client’s Management team can confidently focus on strategic matters and profit maximisation policies.
Standardisation of procedures (Process driven not people driven)
Outsourcing in many ways is process driven rather than people driven. It does not depend on the availability or knowledge of an individual but rather on the exhaustive process and procedure notes detailed for carrying out various tasks. This ensures that the error rate is minimised. Standardisation also plays a very important part in the outsourcing domain. Where an outsourced provider partners with a large number of clients, all with different processes operating in various sectors all around the globe, it becomes very important to standardise process flowcharts. This is done to ensure that in the event of a change in the team structure, new team members are able to promptly deliver the same service. A first-class Outsourcing company will also typically streamline a client’s older processes which are outdated and prone to inaccuracies with ones which are relevant and up-to-date.
The Voluntary Staff Turnover rate in 2014 touched 12.2%, up from 11.7% in 2013. With changes happening to in-house staff at regular intervals, the possibility exists of deliverables being compromised and signicant expenses being incurred for recruitment and training of new staff members. Experienced staff will have to dedicate time to the training reducing their productivity. With outsourcing- these worries are all gone.
With ‘seasonal’ businesses often oscillating between high volume and low volume, an outsourcing provider can provide you with the flexibility to increase or decrease the number of resources required to reflect the volume of business. Traditionally this would not be possible in the event of direct employment with the client.
Any dynamic organisation in today’s economy must be prepared to adapt, innovate and recognise new revenue generation opportunities and capitalise on them. This can only be done when the core management team is freed from involvement with day-to-day accounting and compliance functions. This is where outsourcing comes into picture by taking care of all of the client needs through a personalised service designed to suit the client’s specifications.
APT is an India based boutique Outsourcing company which was established in 2009. The main office of APT is based in Ahmedabad, which is one of the upcoming mega-cities of India. APT also has an Australian office based in Gold Coast.
APT provides services to Australian companies across various industries including Strata Management, Law firms, CPA firms, and rental companies. We believe in providing tailor made Outsourcing solutions to our clients as per their requirements. Our ideology is to build a long term relationship with our clients and grow by nurturing those relationships.
APT has a highly qualified team of CAs, CPAs and ACCAs from Australia, US, UK and India, an Australian Lawyer, as well as CFAs, MBAs and people holding qualifications in other fields who are all passionate to provide their clients with the best service possible.
Types of Services provided by APT
- Financial Process Outsourcing
- Bookkeeping Services
- Management Reporting
- Taxation and Compliance
- Self Managed Super Funds
- Legal Process Outsourcing
- Outsourcing Conveyancing
- Property and Strata Management