Remunance takes pride in being a tool enabled finance and accounting service provider!

Our team of experts extends timely and efficient support on the tools of your choice. We are trained in a diverse portfolio of services including Book keeping, Accounts Payable / Receivable, monthly payroll, leave and attendance or travel claim reimbursements. Our team is hands-on on tools like Concur, SAP, Dynamix, Yardi voyager etc.

Take a look at some of our service expertise are elaboratd below:

Accounts Payables and Expense management services – Purchase to pay

Our teams use client tools and expense/purchase management softwares like concur, voyager to handle end to end AP process bank payment upload

The team is trained on various standard processes of Expense management, purchase processing and bank payment.

For every new client , training will be given for process modification as required.

Benefits-

  • The project can go live in less than a month as the team is hands-on on the processes
  • Collaborative process setting with the customer
  • Complete visibility of the execution
  • Extended working hours due to different time zones
  • The process will have mutually agreed SLAs
  • All routine tasks of purchase processing, accounting and payments gets fully handled by this team. This leaves more time in the hands of clients own team for more value added work

Accounts Receivable from Indian clients

Many companies are attracted to the Indian market for its abundant potential and purchasing power. However, the culture, complex compliance requirements, foreign currency payment protocol and different time zones make it a challenging to handle ARS in India

We have a team helps companies to recover the outstanding payments from their Indian clients.

We share a SOW with the client , discuss , modify and follow it thereafter.

Benefits-

  • We educate the clients on the requirements in India and guide them with right order form /contract drafting to process payment without issues
  • We handhold customers in foreign currency remittance process
  • We help clients to have beneficial withholding tax rates as allowed by the law
  • We ensure the processing of necessary paperwork as required for foreign companies
  • Understanding of the local language, culture and local presence helps in quick recovery of your receivables

Payroll-

In order to tap the young and skilled manpower, many companies get attracted to India to form a company. For all such organisations, understanding local laws and follow them month over month with the help of limited staff becomes a challenge.

Remunance has been a renouned payroll processor in India for over a decade and now committed to provide this service with ADP’s payroll tool for our clients

  • Single entity managing accounting and payroll for efficient management
  • Payroll being a specialised activity, outsourcing it makes it more effective and compliant
  • Advanced payroll tool and Employee Self Service portal leads to employee retention and satisfaction
  • We do provide payment services for payroll which relieves the management completely from the worries of payroll
  • SLAs such as Timeliness, Accuracy and Confidentiality is followed with utmost care

Accounting-

Have you set up a business and spending lot of your time on looking into accounting, reconciliations, payments, coordination with auditors.

Let your business be anywhere in the world, we provide you with online Accounting support from India. We use cloud based accounting softwares/ERPs of your comfort. We will coordinate with your CFOs, CPAs, auditors as required and will ensure the accounting is compliant with your countries GAAP

  • With our trained team, the project can go live in less than a month
  • For the customer, we ensure there are no gaps and there is end to end visibility of the used process
  • Extended working hours become available due to working in different time zones
  • The scope will be discussed and finalised with the client. This will leave the clients CFO/Accountant with more time for value added work like planning, data analysis, helping top management in decision making based of financial data analysis

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