By delegating responsibilities to external agencies, companies can wash their hands off with functions that are difficult to manage and control while still realizing their benefits.
We Support in setting up a new company & to comply with legal / fiscal regulations
Vartana Consulting helps accounting practices to take on more clients, offer more face time to their
existing clients, and grow their business. We deliver back-office operations so that accounting clients
receive accurate, high-quality financial reporting, fully compliant with all standards and regulations.
To understand the Company’s pain points and define core objectives, Vartana Consulting conducted a
Business
Re-Engineering Workshop. We found a lot of time was given to repetitive tasks, like verifying compliance
documents
and certifications, lowering the firm’s productivity. The accountants were missing deadlines while they
prepared
financial statements for critical stakeholders and fulfilled legal compliance requirements. Finally,
hiring and
retaining skilled accounting staff was a considerable challenge in a competitive environment - putting
further
pressure on administrative staff.
Outsourcing its transactional work would give the top-tier accounting firm more time to focus on the core
activities, like client outreach and business development. Our extended office would also allow scale-up.
We employ current state mapping, gap analysis and future map processing, and identified the following focus areas:
An improved capacity plan, including a scalable outsourcing arrangement, creates significant efficiencies will free up time to build relationships and focus on value-add services.By leveraging Vartana’s extensive knowledge and expertise, missed deadlines will become a thing of the past and compliance timelines will be consistently met. We support the business with end-to-end activities and strategic value-add financial information.